NEW YORK, July 1, 2015 /PRNewswire/ --
PayItSimple USA INC. announced today that it was selected to speak on the Startup Stage at WIRED MONEY Together with BBVA. WIRED MONEY Together with BBVA is a one-day summit held by WIRED UK, taking place on Wednesday, July 8 in London. PayItSimple was selected by the curators of WIRED MONEY as one of a select group of startups to present on the Startup Stage.
"With such fierce competition, we are honored to have been selected to present our patented installment payment solution at WIRED MONEY," said Alon Feit, co-founder and CEO of PayItSimple. "Our revolutionary solution is changing the way credit cards are used and accepted. Merchants can now offer instant, interest- free installment payments on the credit cards consumers already have in their wallets. This reduces the need for consumers to incur interest fees on the purchase of larger ticket items, thus providing a better way for them to manage their cash flow. As such, merchants can enjoy increased sales, average ticket value and customer loyalty."
By riding on the rails of the existing credit card infrastructure, PayItSimple enables both e-commerce and brick & mortar merchants to offer interest-free monthly installment payments to their customers at the point of sale. Customers do not have to apply for a new credit line or qualify for a new credit card. PayItSimple works on their existing credit cards so customers also enjoy all of their regular credit card benefits such as points, cash-back and mileage. For merchants, having this additional payment option could mean increased conversion rates, higher average tickets, increased customer satisfaction and reduced barriers to purchase. And PayItSimple transactions incur no greater risk to merchants than regular credit card transactions. ISOs and Acquirers enjoy improved merchant acquisition and retention, increased credit card volume and increased revenue via a share of PayItSimple fees. To learn more, please visit https://www.payitsimple.com
About WIRED UK
WIRED is recognized as the multimedia authority on the future, in print and digital. Since launch in 2009, WIRED UK has won a host of awards including both Magazine of the Year and Technology & Gadget Magazine of the Year at the Digital Magazine Awards 2014, PPA Media Brand of the Year for Consumer Magazines in 2013, the BSME Art Director of the Year for Consumer Magazines in 2013 and the BSME Editor of the Year Award for Special Interest Magazines in 2012. The WIRED enhanced digital edition iPad app was in the top five ranked titles in the consumer magazine lifestyle category as selected by iMonitor in 2013. The WIRED website, http://www.wired.co.uk, currently has 1,444,056 unique users (Google Analytics Jan-March 2015). WIRED Consulting creates tailored Shock and Awe sessions for senior executives, by tapping into WIRED's network intelligence, and WIRED Events is designed to cut through the noise and deliver insights into what's coming next across a number of areas. Events include WIRED HEALTH, WIRED RETAIL, WIRED 2015 and WIRED 2015: NEXT GENERATION. http://www.wiredevent.co.uk
BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid position in Spain, it is the largest financial institution in Mexico and it has leading franchises in South America and the Sunbelt Region of the United States. Overall BBVA is present in 31 countries. Its diversified business is biased to high-growth markets and it relies on technology as a key sustainable competitive advantage. As of December 2014, the Group had €652 billion in total assets, 51 million clients, 7,371 branches, 22,104 ATMs and 108,770 employees. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices. The Group is present in the main sustainability indexes.
SOURCE PayItSimple USA INC.