Mocopay Wins Paybefore Award

Gail Chiasson, North American Editor

Paybefore has chosen Mocapay, Denver, as a 2012 Paybefore Awards winner in the Best Virtual, Digital or Mobile Prepaid Application category.

By integrating mobile payments, mobile loyalty and mobile marketing, Mocopay offers a suite of services to merchants that not only allows them to take advantage of the latest in payment tender technology, but engage with their customers inside and outside of a physical location. The Mocapay mobile commerce solution offers merchants the ability to create incentives, loyalty and marketing programs, and accept payments, all through a customer’s handsets.

Paybefore Awards, now in its sixth year, is a prestigious recognition of excellence in the worldwide prepaid and stored value industry. The awards are presented annually by Paybefore, whose publications are a majorsource of industry information for the global prepaid community.

Noting that this is the second consecutive year that Mocopay is a winner of this year’s Paybefore Award, Doug Dwyre, president, Mocapay, says, “We continue to strive to deliver innovative mobile solutions to merchants and retailers that engage consumers and grow their businesses. The recognition from Paybefore solidifies those efforts.”

“Paybefore Awards was created to honor the companies and individuals that are keeping prepaid on the cutting edge of payments,” says Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. “Our industry continues to break new ground and expand the reach of electronic payments because of companies like Mocapay who make innovation and execution a priority.”

Marilyn Bochicchio, Paybefore’s CEO, says, “Prepaid is the fastest-growing area of payments because it addresses unmet payment needs of consumers, businesses and governments. Paybefore Awards recognizes the creativity of prepaid practitioners in developing programs that address these needs more effectively than cash, checks or even other types of payment cards.”

Unlike other mobile commerce solutions on the market, the Mocapay solution doesn’t transfer, store or show customer sensitive data when conducting a transaction, so no sensitive data is transferred to the merchant or stored on the device, creating a more secure transaction for both parties.

Mocapay will now vie for best-in-category distinction, which will be announced during the Paybefore Awards ceremony on March 12 at the Prepaid Expo USA at Mandalay Bay, Las Vegas.

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