m2BeaconPay – the first non-NFC contactless mobile payments solution that utilizes beacon technology with low power Bluetooth and Wi-Fi simultaneously
SAN DIEGO, Jan. 13, 2014 /PRNewswire/ — Netclearance Systems, Inc., (NCS) the leading provider of cloud based in-venue mobile proximity, marketing, engagement and insight solutions, today unveiled a new cloud-based contactless mobile payment solution that works in concert with their multi-modal beacon solution suite. The new mobile payment capability, m2BeaconPay, is the first contactless mobile payments solution that has the ability to run on lower power Wi-Fi and BLE beacon technology simultaneously for all major smartphones available today.
The m2BeaconPay solution is the industry's first payment network agnostic mobile solution that simultaneously supports in-venue customer engagement and payments through a small wireless device installed on premise. This patent-pending mobile solution is capable of supporting Android, Blackberry, Windows and iPhones (4s and above) smartphones and tablets. The system does not require NFC infrastructure and can be easily integrated with all major POS systems.
Netclearance Systems, Inc. – The leader in integrated proximity marketing and insight solutions
"The m2BeaconPay capability is the latest enhancement to our mobile engagement and insight solutions set. We are thrilled to be able extend our offering and give our customers a new way to monetize engagement through increased mobile utility by providing an easy way to accept mobile payments without a card present (CNP) and without being locked into a single merchant acquirer," said David Fernandez, Founder & CEO.
The m2BeaconPay solution can be easily integrated with mobile apps through our SDK's and REST-based server API's. Customers can choose from a wide variety of PCI compliant payment gateways such as PayPal, Stripe, Braintree and many others as the solution is designed to easily accommodate their choice of the underlying payment network used to complete a secure transaction. This provides customers the flexibility to choose a network with the best rates and conditions without being locked into a single mobile payment app or provider.
The m2BeaconPay solution can also support QR code-based payments for merchants that already have optical scanners in addition to the newer forms of contactless engagement and payments through beacons.
Mobile wallet utility plus customer insight and engagement – all in one easy affordable solution
Among the providers in the mobile wallet space, Netclearance Systems Inc., offers the only solution that supports both BLE and ultra-low power Wi-Fi off a single beacon device enabling beacon-based payments with all smartphones. The NCS patent-pending payment solution, including the m2Beacon and m2BeaconPay capability, can be integrated quickly – in less than 5 minutes in most cases – and easily into any app.
The m2BeaconPay joins the suite of solutions that provide proximity, marketing, engagement and insight capabilities that help clients drive greater revenue and garner increased engagement with their customers – Netclearance Systems, Inc. Customer Engagement and Insight Solutions.
NCS also provides suite of insight solutions that deliver real time data in enabling workplace management solutions for both employee and asset tracking – Netclearance Systems, Inc. Workplace Management & Insight Solutions.
The m2Beacon, the cornerstone of Netclearance Customer Engagement and Insight Solution suite, comes in various price models depending on the venue size and desired features. White label custom housing is available upon request. For more information on Netclearance System, Inc. solutions, please call 1-877-496-0200 or visit http://www.netclearancesystems.com
About Netclearance Systems, Inc.
Netclearance provides a full solution set for proximity analytics and mobile marketing enabling customers to garner increased margins through enhanced customer engagement and operating efficiencies through superior analytics. State-of-the-art wireless proximity beacon technology and software drive real-time customer and workplace insight for optimized decisions. Founded in 2011, Netclearance is headquartered in San Diego, California, and has distribution channels throughout the Americas and European regions.
Media Contact:
David Fernandez
1.877.496.0200