|[March 15, 2017]
Sionic Mobile, Customer Engagement Technologies Partner to Provide Mobile Loyalty and Payments to Underbanked
Mobile and Customer
Engagement Technologies (CET) today announced a partnership to
provide mobile loyalty and instant universal rewards to the underbanked.
PaySwag, a mobile app by CET that works on improving the payment
experience for the underbanked, is integrating Sionic Mobile's ION
Commerce Engine™ (ICE) to enable the loading of cash into a mobile
wallet, allowing app users to pay for purchases with their phones and
instantly earn rewards via the Mobile Rewards MarketplaceTM
which includes more than 100,000 retail locations. Additionally, the
PaySwag-ICE integration will utilize credit and debit card processing
through J.P. Morgan Chase.
"We are pleased to partner with Sionic Mobile to provide the underbanked
with a universal, user-friendly rewards program," said Max Haynes, CEO
of Customer Engagement Technologies. "The underbanked are also
under-rewarded and until now there really haven't been any mobile
loyalty or incentive programs. The Mobile Rewards Marketplace is unique
in that there are no cumbersome requirements and restrictions on when
and how the rewards can be used, no expiration dates and most
importantly, users can earn and spend rewards at any of the retail
locations in the Marketplace, nationwide. Like Sionic Mobile, we
designed PaySwag with the user experience first and foremost and
integrating with the Marketplace boosts the value we are able to offer
Customer Engagement Technologies' mobile application simplifies the
collections process for underbanked consumers, businesses and
governments by allowing cash or card payments and offering reward,
education and feedback engines. PaySwag is integrated with more than
17,000 retail locations accepting cash payments fo debts such as auto
payments, medical bills and government fines. By combining mobile access
and alternative payment technology, the CET platform gives people the
tools they need to make on-time payments and rewards them for doing so.
Using mobile gamification to transform how the underbanked interact with
lenders, municipalities and healthcare, PaySwag makes payments more
accessible, rewarding, consistent and likely.
"Our Mobile Rewards Marketplace is simple in design making it easy to
navigate, but built on proven technology, delivering powerful results,"
said Ron Herman, CEO of Sionic Mobile. "By providing instant rewards to
app users, the Marketplace helps drive adoption and usage of apps like
PaySwag, better engages current customers and helps attract new users.
We are pleased to work with the Customer Engagement Technologies team to
fill a void in the market by offering a feature-rich rewards program to
a large and typically underserved market."
The Mobile Rewards Marketplace is comprised of large chain retailers and
small businesses alike. It uses a secure cloud-based service on mobile
devices or a merchant's existing POS system, eliminating the need for
new equipment. The Marketplace works alongside existing, standalone
rewards programs. Marketplace merchants accept mobile payments that are
safe, secure and processed by J.P. Morgan Chase. To find out more, visit www.mobilerewardsmarketplace.com.
Also visit www.payswag.com.
About Sionic Mobile
Midtown Atlanta-based Sionic Mobile, a cloud-based mobile commerce
company, provides white-label mobile pay and loyalty applications to
partners and clients delivering rewards, savings and perks to millions
of mobile consumers. The award-winning ION Commerce Engine (ICE) and
Company-owned, GeoSense® iBeacon network drives greater adoption and
more frequent app use for partners and merchants. The ICE platform
features IBM (News - Alert) Watson Analytics for partners and enterprise retailers. The
Company also operates the nation's fastest growing Mobile Rewards
Marketplace, comprised of large chain retailers and small businesses
alike. Merchants pay a small fee when mobile customers pay with their
app and the Company shares the fee with partners. Visit www.SionicMobile.com.
About Customer Engagement Technologies (CET)
A Reno, Nevada-based FinTech disruptor fundamentally changing how
consumers interact with both business and government, CET has developed
white-label, Mobile First Solutions that transform how the underbanked
interact with lenders, municipalities and healthcare. Customer
Engagement Technologies addresses a number of constraints of traditional
financial services, especially as it pertains to 1/3 of the U.S.
population who are classified as underbanked, yet overwhelmingly use
smartphones. By enhancing communications, providing financial literacy
and allowing for cash payments, CET has filled a void for a large sector
of the U.S. population. Customer Engagement Technologies makes payments
more accessible, rewarding and likely. Visit www.cetmobile.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170315005220/en/
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