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Denver - August 10, 2010 - Mocapay today announced a strategic partnership with eNational Payments, a provider of mobile and contactless electronic commerce and payment processing services. Through this strategic partnership, eNational Payments merchants and retailers can take advantage of Mocapay’s patented secure mobile payments solution and mobile marketing engine to reach customers in real-time. eNational Payments offers retailers and merchants a blend of electronic payments and services that reduces the time spent handling payments, allowing merchants and retailers to spend more time serving customers. eNational Payments provides financial services, including check warranty and back office conversion, to more than 2,800 non-banking financial services businesses, collectively processing over nine billion dollars.“We chose Mocapay as a partner because they are the only solution on the market that offers a secure mobile payment solution that eliminates the transmission of customer sensitive data,” said Sean Kumar, CEO, eNational Payments. “As retailers and merchants continue to evolve their mobile strategy, we want to be at the forefront in providing the most secure, innovative solution while making it cost effective to implement for merchants of any size.”Mocapay’s patented mobile commerce platform is a comprehensive suite of tools that deliver 360° interactivity between the consumer and merchant. Now, communication is instantaneous, interactive and constantly evolving, rather than the one-way marketing model of the past. Mocapay’s platform enables merchants to create mobile marketing campaigns that, in return, provide valuable information including demographics, redemption rates, and purchasing behavior. This data provides every merchant a better sense of its customer and allows them to create a more targeted and personable relationship before, during, and after a transaction.“Our partnership with eNational is a natural fit as both companies continue to innovate in the payments space by providing retailers and merchants new and exciting channels to reach customers,” said Kevin Grieve, CEO, Mocapay. “Due to customers demanding mobility in every facet of their lives, merchants are asking for more unified solutions that go beyond just payments but also offer mobile marketing and loyalty components.”
About MocapayMocapay is a mobile platform for innovative merchants that offers an integrated marketing and sales solution to enhance the lifetime value of a customer. The platform addresses merchants’ need for a new channel that will broaden their loyalty and gift programs by mobilizing sales and marketing to reach customers anytime, not just at the point of sale, encourage purchases and build a stronger brand affinity. For innovative financial institution issuers, Mocapay reduces the implementation time, support complexity and costs associated with secure mobile payments increasing and accelerating consumer and merchant adoption. Based in Denver, Mocapay is a privately held, venture funded company founded in 2006. For more information, visit www.mocapay.com.About eNational Payments eNational Payments is a registered ISO/MSP of Wells Fargo Bank, N.A., Walnut Creek, CA , and offers ALL-IN-ONE payment transaction processing solutions for the financial services industry, card issuing banks, acquiring or merchant banks, ISO’s and retailers. eNP’s portfolio of services and payment solutions are distributed through a network of over 5,000 merchants from diverse retail channels including but not limited to non banking financial services providers, whole sellers & general merchandise distributors & Bank Card industry ISO’s. We provide financial services and transaction solutions to bring Mobile and contactless technology enabled Stored Value solutions, alternative electronic payment programs, as well as several additional value added solutions, to retailers, distributors, clients, cardholders and our business partners in an efficient and secure method. For more information, visit www.enationalpayments.com
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