iVisionMobile, a provider of interactive SMS and Premium SMS technology for mobile marketing and m-commerce solutions, successfully trialed its new mobile payment solution, iPayText, with Element Nightclub in Los Angeles.
With the iPayText solution, consumers are able to pay for their dinners, bar tabs and cover charges securely and easily by sending a simple text message from their mobile phone. By utilizing iPayText as a payment option, merchants reduce losses due to charge-backs and fraud and increase customer satisfaction by offering users the freedom to safely pay for goods and services using only their mobile phone with no physical contact.
"We average 65 percent of sales via credit or charge cards," said James Sinclair, managing partner of the Paja Group that owns and operates multiple nightclubs, bars and restaurants in the greater L.A. area. "When we were approached by iVisionMobile to test this new mobile payment option, we were very excited. iVisionMobile's iPayText solution will not only reduce our losses from charge-backs and provide an additional level of security on the transactions and funds, but it also lets us offer our customers a fast and secure method of payment," Sinclair said.
