Payfone is revolutionizing mCommerce by leveraging the mobile number to create 1 Touch CheckoutTM.
By authenticating the identity of the mobile shopper and securely transferring payment credentials, Payfone significantly reduces the potential for fraud, lowers friction, increases conversions and drives revenues for merchants/acquirers, mobile network operators and issuers.
With a 4% conversion rate with mCommerce transactions and a 12% conversion rate on eCommerce, this is where Payfone's 1 Touch CheckoutTM can help close that gap by making shopping simple and secure.
Payfone has created a unique 1-touch approach to payments that leverages the technology within the device for security and authentication. Our user experience is secure and simple and will result in higher conversion rates than typical payment flows.
Specialties
Mobile Payments, Financial Services, Telecommunications, Internet, mCommerce, Merchants
New hires at Payfone
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Vice President, Engineering
Came from...
Minerva Networks, Vice President, Engineering
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Senior Software Engineer
Came from...
TeleCommunication Systems, Senior Software Engineer
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