They also are more likely to become repeat buyers, Forrester Research says.
The NuWallet application provides a very high level of security of the consumer’s information, storing all personal data locally on the device using strong encryption.
Dallas, TX, September 27, 2012—NuWallet, Inc., a mobile payment and personal information management application provider, has released the patent-pending NuWallet Application for general use, and is available for the iPhone and Android-based mobile phones.
The application serves as a comprehensive, secure and private consumer digital wallet for mobile devices. The NuWallet solution provides complete flexibility in payment options, shipping decisions, and consumer privacy of personal information – all in a simple-to-use and easy-to-manage application.
Addressing key areas of concern, the NuWallet application provides a very high level of security of the consumer’s information, storing all personal data locally on the device using strong encryption. Personal information can only be accessed and transmitted by the user’s security PIN. The consumer’s information is not “stored in-the-cloud”, where their choices can be tracked, monitored or used for other purposes, and is never combined or stored with countless other records or data. The NuWallet application returns privacy and control back to the consumer.
With the NuWallet application, consumers will enjoy a hassle-free check-out experience with participating merchants, only needing to select their desired payment and shipping options by simply tapping a confirmation button to complete the purchase. And, consumers will no longer need to maintain or manage multiple accounts with various merchants; they select and send their desired information at the time of check-out. Especially when time-sensitive purchases are crucial: bid-for-sale auction sites; purchasing tickets for high-demand sporting events or concerts; “flash sales” from on-line merchants; restaurants, and on-line bill payments.
In addition to storing payment and shipping information in the NuWallet app, users can also store data such as passwords; banking/investment account numbers; prescription numbers; insurance information; airline and hotel loyalty programs, etc… in a feature that uses the same secure, encrypted technology for protecting the payment information. So now, your personal notes and memos are truly private and secure.
Key Features on the NuWallet Application:
- My Stores – Creates a personalized Shopping Center where consumers bookmark their favorite on-line shopping sites with one-tap navigation
- My Settings – Payments: securely store multiple credit/debit/merchant cards for flexible payment options at check-out. Shipping: store multiple addresses for optional shipping locations. PIN: for secure PIN management.
- My Notes – Create personal note pages to securely store and protect personal information that must be kept private.
The NuWallet app is available for free at Apple’s App Store and at Google Play.
NuWallet is a patent-pending technology of NuWallet, Inc. and was founded by a team of industry veterans with a vast amount of experience in credit card processing; merchant services; banking and cash management and the internet security industry.
To learn more, visit the website at www.nuwallet.com.
Contact: George Hendrix @ 214-566-2265
Source: NuWallet, Inc.