9/10/09

Performance Plus Tire Selects mPayy for Secure Online Payment Processing

Katie Evans , Managing Editor, International Research

Cost Savings and One-Click Ordering Differentiate mPayy in Alternative Payments

CHICAGO – September 9, 2009 – mPayy, Inc., a scalable online and mobile payment provider, today announced that Performance Plus Tire selected the company’s secure debit platform to process online payments from its customers.

“We chose mPayy for two primary reasons: speed of checkout and cost,” said Glenn Feldman, VP of Internet Operations of Performance Plus Tire. “mPayy’s email invoicing allows our customers to complete the checkout process with a single click, and we reduce our payment processing costs by half, as compared to other payment solutions available in the marketplace.”

Performance Plus Tire accepts orders online, confirms the inventory, and invoices customers via email for any of the tires, wheels or rims customers purchase each day.

“We are very pleased with our relationship with Performance Plus Tire and are excited about the benefits of this relationship for not only both companies, but our individual customers as well,” noted Conrad Sheehan, CEO of mPayy.

mPayy offers multiple payment models, including seamless integration to merchant websites through its lightbox checkout window; and email and text messaging invoices that power checkout on any online or mobile website. mPayy’s secure debit solution is built around the mobile number and enables secure, convenient purchases and bill payment directly from customers’ checking accounts.

About mPayy, Inc (www.mpayy.com)

mPayy is a secure online and mobile payment provider that enables merchant processing for any sized online retail business, plus quick and simple purchasing for buyers. The company’s highly scalable payment platform for Internet retailers improves margins by reducing fraud and transaction costs. mPayy has created an efficient and ubiquitous payment service that enables profitable micro-payments; easy, yet secure purchases of digital content and physical goods; and free person-to-person payments. mPayy is fundamentally changing the economics of both e-commerce and m-commerce. For more information, please visit www.mpayy.com.

About Performance Plus Tires
(http://www.performanceplustires.com) PERFORMANCE PLUS offers a variety of products and services to enhance your vehicle`s performance. Performance Plus’ tire catalog contains the perfect tire for any car’s needs. Performance Plus Tire’s ASE certified technicians will take care of all automotive needs. Performance Plus Tires will never promise more than they can deliver and always gives the customer more than they expect. Customer loyalty is Performance Tire’s top priority.

Topics:

banking, mobile commerce, Payment, Transactional account

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