Corduro Demonstrates a revolution in Mobile Payments at FinovateSpring 2013

SOUTHLAKE, Texas, May 8, 2013 /PRNewswire/ -- Corduro, an innovator in enterprise software as service platforms, today announced that founder and CEO Robert Ziegler will speak at FinovateSpring 2013 at 1:00 pm on May 14 at San Francisco's Concourse Exhibition Center. Mr. Ziegler will present Hand, Card and Wallet free payments with Corduro Register and PayMobile.   As part of the event Corduro will launch their top ten "influencers" contest, the winner will be awarded a free iPad2 or Galaxy Tablet, Mr. Ziegler will invite the Finovate crowd to participate in the "influencer" contest scheduled to end on June 30, 2013.

During the presentation, Ziegler said the audience "will see just how deep a person's network is, and how far their reach extends." The demonstration will also show how a Corduro user can securely pay a Corduro retailer without physically carrying a phone, credit card, check, or cash. "We are going to demonstrate our omni-channel platform for accepting payment via any internet-connected or mobile device," said Ziegler.

PayMobile users can instantly pay individuals, merchants, and organizations just by being present and Enterprises can accept those payments without disruption to existing loyalty, payment, back-office or business systems and processes.  To begin, users simply download the app, sign up, set up their digital wallet, connect with organizations, and then start making and accepting payments. Users who invite others to connect with organizations win recognition and rewards redeemable for cash or use in the community. The bigger a person's influence in the community, the bigger the rewards. PayMobile conveniently catalogs all receipts and uses passwords and a PIN number coupled with hardware encryption to protect all sensitive information.

Launched in 2010 with Google Ventures' backing, Corduro increases the reach and revenue for organizations, eliminates the cost of mobile adoption and reduces the cost of compliance and payments for enterprises.   Corduro enables businesses to connect consumers across all channels and into the consumers' social network.  "Organizations might know me but they don't know my network, that's where the real influence is, it changes the conversation, my retail spend might be $10K per year but my network spends $10M per year, it's data like this that is the real value, Corduro is creating ambient awareness for organizations," said Ziegler.

Mr. Ziegler started Corduro with the belief that mobile would be a transformative technology and become the cornerstone of how people interact with organizations. "I wanted to build a technology that would become the centerpiece of that disruption," said Ziegler.  Today, the Corduro community is approaching their first 1 Million users in conjunction with several enterprise clients in the healthcare, higher education, sports, and retail.

To learn more about Corduro, visit http://www.corduro.com/ 

About Corduro
Corduro integrates big data, social media, online, POS and mobile payment processing all in one enterprise grade platform.   Corduro products and mobile applications allow consumers to pay anywhere, anytime via any device.  Corduro is a PCI compliant and a certified Level 1 Service Provider by Trustwave. The company is based in Southlake, Texas and is backed by Google Ventures, WTI, Founders Collective and Heartland Capital.

SOURCE Corduro