OLB Group Announces New Mobile Commerce SaaS Product Services

NEW YORK, April 30, 2013 /PRNewswire/ -- OLB Group, Inc. (OTCBB: OLBG), an e-commerce service provider offering software products and services designed to help businesses sell over the Internet, announced today the launch of a new Mobile Commerce SaaS service within its existing framework. The service will provide a turnkey solution to small businesses and retailers, merchant banks and ISOs that are looking for a one-stop unified solution to their eCommerce, mCommerce, marketing, Point-of-Sale and inventory management.

OLB Group will be presenting the new Point-of-Sales (POS) cloud solution at the ETA show in New Orleans (April 30^th – May 2^nd). We are implementing our unified solution and inventory management, available to retailers and managed in a single dashboard. A small retailer will be able to get a POS system on an iPod or any tablet, and access the same POS from any regular computer. Companies with several locations will be able to manage inventory and track it with QR and barcodes. Coupons, loyalty programs, as well as data feeds are enabled to all major search engines such as Google, Bing and Yahoo.

Available the second quarter of 2013, OLB Group will unveil a new billing system that can be used with cloud invoicing, and also to collect payments with credit cards and electronic checks (ACH). Payment methods may be stored to avoid entering them every time. No reader required - just scan from your iPhone or iPod. Take a screen shot of the check that you want to pay with and funds can be used next day.

We have launched the 'White Label' solution for Merchant Banks and ISOs as an integrated API to our system. Our solution provides the tools to compete with payment solutions in the marketplace but not combined as a unified solution. These services provide a very affordable solution for small retailers as the need to compete with online retailers and daily offers grows in the months and years ahead.

ShopFast.com requires no long term commitment and can be cancelled at any time – letting users test their applications as needed without incurring start up or recurring monthly costs.

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About The OLB Group, Inc.

The OLB Group is an e-commerce service provider that delivers fully outsourced private label shopping solutions. We provide our clients with seamless, end-to-end e-commerce and m-commerce solutions, including site creation, hosting, transaction processing, order fulfillment, customer service, sales reporting, and a virtual inventory of name-brand products from top-selling categories on the Internet. Our private label shopping site is designed to maintain the unique look and feel of our customer's website, providing functionality that keeps users on the shopping site for longer times. Order fulfillment and customer service are also provided under the brand names of our clients. We remain invisible to the consumer. Our e-commerce platform also enables our clients to create their own online marketing promotions and to customize product content to meet the needs of their online users. Our turnkey solutions include "ShopFast Direct Shopping Database" ("ShopFast DSD.") and ShopFast PC (profit center).

For more information, please visit
http://www.olb.com and http://www.shopfast.com/

SOURCE OLB Group, Inc.