With PayToo the next century starts now!March 9, 2017
MIAMI, Fla. /PRNewswire-iReach/ -- PayToo® Wallet today announced the exclusive release of PayToo® Assistant, its new digital application that uses facial verification and biometrics to verify customers' identity, facilitating the PayToo® sign up process for the customer. This new solution is a significant milestone in the payment industry. The PayToo® Assistant eliminates the need for human intervention and secures approval of the documents in minutes, speeding up the sign-up experience while also enhancing security and eliminating any risk of fraud.
"PayToo®is taking one step forward in technology with the PayToo®Assistant. We are now removing the burden for the customer to enter all his information and scan his documents for verification by using to our biometric and facial recognition technology. PayToo®is always focusing on offering the friendliest and less time-consuming solution to its customers without making any comprises on safety and security.", said Michel Poignant, CEO of PayToo®.
PayToo attends Prepaid Press Expo and confirms CEO, Michel Poignant as a speaker.August 5, 2016
FORT LAUDERDALE, Fla. /PRNewswire-iReach/ --PAYTOO™, the leading mobile wallet offering a complete financial solution for the unbanked and underserved population, is proud to announce its participation at the ninth annual Prepaid Express Expo. The Prepaid Express Expo will be held August 9th -10th, 2016 at the Planet Hollywood in Las Vegas, NV.
CEO, Michel Poignant will be a guest speaker at the Prepaid Expo's panel titled "Mobile and the Unbanked" on Tuesday, August 9th at 10:45 am. The discussion will focus on the majority of the nation's unbanked and underbanked, their access to smartphones, and how mobile financial services will provide them inclusion in the financial system and eliminate high-interest rates and high fees that they might otherwise find themselves paying.
PayToo Mobile Wallet to offer easy and secure mobile account opening powered by Cachet Financial Solutions.April 20, 2016
Minneapolis, Mn. / GlobeNewswire/ --Cachet Financial Solutions, Inc. (OTCQB:CAFN), a leading mobile fintech provider, announced today that PAYTOO Corp., an international mobile wallet provider, will deploy their mobile account opening solution for PAYTOO’s mobile wallet and PAYTOO Kiosks at locations nationwide. .
Cachet’s Select Mobile™ Account Opening solution will streamline and enhance the PAYTOO mobile wallet account opening process by eliminating cumbersome and error-prone manual entry. Consumers will be able to easily and securely open an account by using the camera on their smartphone, or the PAYTOO kiosk ID scanner, to capture an image of the front and back of their driver’s license or other state approved identification. Select Mobile Account Opening will read the image, verify image quality, and prefill the PAYTOO mobile wallet application form with the applicant’s pertinent data. After the application has been approved by PAYTOO, applicants will be able to fund the account via mobile check deposit or ACH. Cachet’s Select Mobile Account Opening will save PAYTOO’s customers the time and hassle of manually entering their information, and thereby increase the likelihood they will complete the application process..
PayToo Corp. unveils its Generation II Kiosk in exclusivity during the International Money Transfer Conference in Miami.November 6, 2015
Miami, Fla. / Press Release Jet/ --PAYTOO®, the industry mobile wallet standard will introduce its updated and new range of services during the International Money Transfer Conference to be held November 9th through November 12th 2015 at the Eden Roc Hotel in Miami Beach.
This will be the venue wherein PAYTOO will introduce its new remittance system which will now be covering LATAM countries and more than 26 countries in Africa. Attendees will also have the opportunity to explore the PAYTOO Mobile Application V2, allowing users to pay merchants and deposit cash into their wallet in addition to robust bill payment, cell phone top up, gift cards, virtual and prepaid card allowances as well as its core money transfer features.
PayToo and Payonyx partner for the launch of multi-wallet and multi-currency during the Money 20/20 Conference in Las Vegas.October 28, 2015
Las Vegas, Nv. / PRNewswire-iReach/ --PAYTOO announced during the Money 20/20 event held in Las Vegas from October 25th to October 28th 2015, a strategic partnership with Payonyx, that will deliver significant benefits to users worldwide.
World travelers will have the ability to choose from three different payment options: Use the money in the wallet in local currency and therefore save on conversion fees, convert the money in their wallet and get the best exchange rate, or use their credit or debit card at a domestic level. This solution will provide robust security and competitive rates for the users.
PayToo® connects the world to African wallets.July 13, 2015
Fort Lauderdale, Fla. / PRNewswire-iReach/ -- PAYTOO® entered into an agreement with INFENIX to offer a remittance solution to more than 79 million subscribers in 29 African countries, at very competitive rate.
The partnership which combines PAYTOO®'s mobile wallet services solution with INFENIX's remittance payout distribution network, will give PAYTOO Mobile Wallet™ customers the ability to send remittances to 29 countries and 50 branded mobile wallets in Africa at low cost. This new service cuts the need for the receiver to go into a store to pick up the money since he gets it directly in his wallet, hence an easier, faster and more convenient solution to access his money.
PayToo® offers bank wire service to the Latin American market.October 9, 2014
FORT LAUDERDALE, Fla. /PRNewswire-iReach/ -- PAYTOO® entered into an agreement with Bancservices International, LLC to use Bancservices International's trademark BANCwire® product as a distribution partner for those mobile wallet customers wishing to send remittances for physical distribution.
This partnership, which combines PAYTOO®'s mobile wallet services solution with BANCwire®'s remittance payout distribution network, will give mobile wallet customers the ability to send remittances to over 100 countries and add cash payouts and bank account deposits as a delivery method.
PayToo takes over Las Vegas to celebrate its 5th anniversary!October 8, 2014
FORT LAUDERDALE, Fla. /PRNewswire-iReach/ -- PAYTOO Corp., announced today its participation in the Money 20/20 conference to be held November 2nd through November 5th, 2014 at the Aria Hotel in Las Vegas.
PAYTOO®, the industry mobile wallet standard will introduce for the first time its fully integrated solution. Everything from its convenient Mobile App. to its cardless ATMs and multiservice Kiosks, and all other services in between.
PayDirect and PayToo partners together to offer a mobile wallet platform to money transmitters.October 3, 2014
FORT LAUDERDALE, Fla. /PRNewswire-iReach/ -- PAYTOO Corp., the industry’s mobile wallet standard and PayDirect announced today an unprecedented move in the Money Transfer Services Industry offering a fully integrated payment platform to simplify all their transactions. Both companies view this alliance as an opportunity to offer Money Transmitters, a mobile money transfer solution and other services for their customers while offering cutting edge technology. .
This partnership represents an important step for PAYTOO Corp., which now will be able to give the mobile industry an effective and reliable connection to the money-transferring corridor.
PayToo Mobile Wallet™ walks the walk, wherever you go!October 2, 2014
FORT LAUDERDALE, Fla. /PRNewswire-iReach/ -- PAYTOO Mobile Wallet™, the industry mobile wallet standard announced today the release of the last piece of the puzzle with the launch of its mobile application technology.
PAYTOO® is one of the first companies that understood the needs of the unbanked customers and helped them save money. According to the FDIC -Federal Deposit Insurance Corporation, about 42% of the unbanked households have used mobile financial services in the past year compared with just over a third of the banked households. To address this increasing trend PAYTOO® has completed its development of a fast, convenient and intuitive user mobile application.
PayToo joins forces with Mobilepaid and AnywhereCommerce to launch new global mobile POS solution.May 3, 2013
FORT LAUDERDALE, Fla. /PRNewswire-iReach/ -- PayToo Corp announced it has entered into a strategic alliance with Mobilepaid and AnywhereCommerce to deliver "PayTooSwipe®" a multifaceted mobile payment acceptance solution that can support a variety of payment presentation technologies. Available worldwide, this new mPOS app will transform any smartphone or tablet into a highly secure Multi-Acquiring, Multi-Technology Merchant device. Through this technology, merchants can accept payments made through traditional magnetic stripe, EMV chip, NFC platforms in addition to direct payments from a PayToo Mobile Wallet.
"Our business is global, we understand the challenges small retailers face when trying to expand their businesses, especially where there are no banking networks or card acceptance" said Michel Poignant, CEO and Founder of PayToo Corp. "The combination of our respective solutions create a viable and completely accessible mobile payment application that will directly benefit merchants and consumers worldwide."
PayToo Corporation announced today the deployment of digital gift card delivery and purchases to their mobile wallet.November 28, 2013
FORT LAUDERDALE, Fla. /PRNewswire-iReach/ -- PayToo Corp. is pleased to announce its integration with the InComm Digital Solutions platform for access to a broad portfolio of brands for digital gift card fulfillment. "We are formally introducing the gift card direct purchase feature through our mobile wallet, which allows users to shop leading brands online or at the merchant locations using a smartphone. PayToo wallet holders in the USA will be able to take advantage of our new Gift Card mobile delivery platform for the upcoming holidays. With major leading retailers participating, this announcement offers tremendous exposure and profitability," said Brett Hudson, President of PayToo Corp.
PayToo's service provides mobile customers with access to the leading in cutting edge telecommunications and payment solution at a fraction of the cost. This partnership will provide Americain mobile phone users with access to an array of convenient products and services such as cost effective GiftCard services, salary direct deposits and to add credit instantly and securely to their Mobile Wallet conveniently at retail locations
PayToo and eClubUSA Partner to Offer Unbanked Consumers the Chance to Finance Vacation Packages and MoreMay 3, 2013
FT. LAUDERDALE, Fla. /PRNewswire-iReach/ -- No longer will the lack of a bank account be a limiting factor for online purchases, loan approvals or other financing opportunities. PayToo has teamed up with eClubUSA as a means for unbanked consumers to be eligible for financing on vacation packages through its Mobile Wallet.
With over 50 million unbanked consumers in the US alone, PayToo has spent years creating products and services that tailor to the needs of these consumers while helping them save money. Sharing a similar focus on the needs of its customers, eClubUSA has provided its members access to exclusive opportunities to finance their family vacations without credit checks or interest fees; while still helping them improve or establish their credit score by reporting it to a major credit bureau.
The process is simple, interested customers can open their own Free PayToo Mobile Wallet and register for direct payroll deposit. After 3 consecutive payroll deposits, they are eligible for up to $1,500.00 in financing on eClubUSA's products and services with terms of up to 18 months. Best of all, making payments on their financing is simplified with automatic deductions directly from their PayToo Mobile Wallet.
May 3, 2013
Unbanked Consumers Access to Auto Leasing or Financing Thanks to the PayToo Mobile Wallet
FT. LAUDERDALE, Fla. /PRNewswire-iReach/ -- PayToo and Grand Prix Motors are proud to announce their partnership that will provide unbanked customers in the US with access to auto financing and leasing via a PayToo Mobile Wallet.
Grand Prix Motors specializes in Auto Leasing and Financing for all makes and models with savings well into the thousands because of their great relationships with manufacturers.
PayToo's payroll direct deposit option into their Mobile Wallet provides users with the eligibility to have access to credit for this great array of vehicles as well as other financing opportunities. "With so many out of reach products and services for unbanked consumers, businesses miss out on reaching this important market. Working as a PayToo partner, we help businesses such as Grand Prix Motors expand their target market and increase their revenues by reaching these previously underserved consumers" said Michel Poignant, PayToo CEO.
April 12, 2013
PayToo Introduces the Faster Way to Pay Bills Right At Your Fingertips
FORT LAUDERDALE, Fla. /PRNewswire-iReach/ -- In direct contrast to other competitors in the mobile wallet industry that claim to be developing the necessary technology; PayToo is clearly miles ahead.
Having already successfully combined mobile payment capabilities and telecom services into one platform, PayToo continues to break new ground by delivering new services to the unbanked consumer. PayToo is proud to offer now the faster and more convenient way to pay bills with PayToo Bill Payments.
PayToo Bill Payments enables consumers to pay to hundreds of US billers right from their Mobile Wallet Platform. Now users can pay utility bills, mortgage or car payments, credit cards and cable bills, and more, right from their PayToo account even if they are abroad or if they don't have a US bank account.
PayToo's advanced suite of services caters to the needs of the more than 50 million unbanked or underserved individuals in the US. Paytoo recently revolutionized the way these consumers can receive their payroll, introducing the Direct Deposit feature into their PayToo Wallet service a few weeks ago helping users save on check cashing fees. The new Bill Payment option is testament to PayToo's continued momentum for creating new innovative services faster than anyone else in the industry.
PayToo Makes History In The United States With Direct Deposit Service
Jan. 9, 2013
FORT LAUDERDALE, Fla. - With millions of Americans either unable or unwilling to deal with the high fees and complicated nature of U.S. bank accounts, customers have been looking more and more towards mobile wallet solutions available online and attached to their phones. PayToo has answered the call, and with support for direct deposit, the final piece is in place.
Starting today, PayToo Mobile Wallet users will have account and routing information instantly available, allowing their employers to drop funds directly into their account. Until now, any employee without a bank account has had to accept physical checks to cash, opening up the doors for non-member fees and percentage cuts. This is officially a thing of the past. "Making less money isn't a crime," says Michel Poignant, CEO and Founder of PayToo Corp, "and PayToo's made a commitment to helping those who don't want to deal with the high cost of a U.S. bank account. We want to help these people keep more money in their pocket. We want them to spend that money with their friends and family, not a giant corporate bank. PayToo's Mobile Wallet is the exact service they've been waiting for.
The PayToo Mobile Wallet Shopping Revolution
November 29, 2012
PayToo, the industry’s leading mobile wallet provider, announces the launch of the PayTooDeals.com, the world’s largest instant deals and savings network, accessible to all PayToo Wallet users.
Fort Lauderdale, Florida (PRWEB) -- With the holiday season starting, shoppers are hungry for deals and discounts, along with rewards and cash back for shopping. Filling the void, PayToo has announced PayTooDeals.com, the world’s largest instant deals and savings network, available now to all PayToo Mobile Wallet users. Wither over 300,000 participating merchants, 500 national brands and discounts as massive as 50%, it’s never been this easy to save big without sacrificing quality.
Once they’ve logged in, PayToo users will be browsing the latest deals in no time, with access to premium goods and services at a budget price. All the while, they’ll accrue cash back and rewards for their PayToo Mobile Wallet.
Users can even save more money by shopping with their Paytoo Prepaid Card, which makes PayTooDeals.com even easier. Every time they use their card, they’ll earn up to 20% cash back along with amazing rewards, saving even more money.
The PayToo Mobile eCheck21 RevolutionJuly 16, 2012
PayToo, the World’s leading mobile wallet provider, announces the launch of a revolutionary way of securely drafting a check using a smartphone.
Fort Lauderdale, FL (PRWEB) -- The days of having to draft a paper check are ancient history. PayToo has developed this exciting payment processing solution for their ecommerce division in partnership with Several banks. This revolutionary technology allows the user to draft a Virtual Check safely and securely from their smartphone. The eCheck platform includes a full security process using the Geolocalization and phone verification in order to avoid fraud and unauthorized transactions.
Until today, there have been 2 ways of drafting and utilizing checks: drafting a paper check or remotely creating a virtual check using Check 21. The virtual Check 21 lacks tight security and the “convenience factor.” The PayToo eCheck is easily drafted from the User’s smartphone (drawing from their US checking account), securely verified and signed by the user on their smartphone interface, and confidently submitted to and received by the merchant.
Said Michel Poignant, CEO of PayToo Corp., “We already provide the everyday financial services needed by the unbanked population. Today, we’re extending our services by connecting the banked population with a full suite of services using the latest technology developed by PayToo. Today the Revolutionary eCheck eSigned, tomorrow Pay2Swipe, the ultimate POS Mobile Application.”
PayToo Releases a New Way to Build Credit
July 05, 2012
In these challenging economic times, a large percentage of the US population is faced with the uphill battle to build their credit, which is a costly and often confusing process. PayToo, the worldwide leader in mobile wallet services, now offers a new solution.
Fort Lauderdale, FL (PRWEB) -- A $1.1 trillion reduction in available consumer credit lines in the U.S. affected revolving credit for 33 million cardholders since late 2008, tapering off only recently in the last six months. US citizens are faced with the herculean task of building and repairing their credit in order to conduct transactions and manage their money, but have fewer options and little hope for resolution. PayToo proudly announces PAYTOO Start, the only free secured account that reports to the 3 major credit bureaus.
PayToo is established as the leader in mobile wallet services, worldwide. Currently, the PayToo mobile wallet is used globally for all sorts of consumer transactions, including: air-time top up, inexpensive international calling, free money transfer, cash-in/cash-out services, Virtual VISA for online shopping, online bill pay and more. The PayToo suite of telecom and financial services now includes the PAYTOO Start secured account.
Paytoo Mobile Wallet Brings the Fiesta to Mexico
February 14, 2012
Paymotech, a global leader in telecommunication and mobile payment solutions has entered into an agreement with Boundless Payment Solutions and Mi Adelanto Corporativo, a Mexican consumer credit company, to deploy its Paytoo mobile payment service into the Mexican market.
Fort Lauderdale, FL (PRWEB) -- The agreement that was ratified by Gil Hooper, Managing Director for Boundless Payment Solutions, Gerardo Bonilla, CEO of Mi Adelanto Corporativo, and by Michel Poignant, CEO of Paymotech, brings Mexico closer to the rest of the world through Paytoo’s ever expanding global network.
Mexico and the U.S. are neighbors who share a common border, a lot of history and culture. Many Mexican workers in the U.S. send money home every month making it the world’s largest money remittance corridor. This alliance brings a new level of mobile banking services to the people of Mexico and their family members abroad. The Paytoo mobile wallet brings low cost, efficient and secure banking services to the masses.
As part of its Paytoo mobile wallet, Paymotech brings to Mexicans the latest in mobile technology that will allow mobile phone users living in the U.S. and Mexico to make international long distance calls, top-up to their Family’s pre-paid mobile phone or pay bills from their cellphone.
PayToo Selected as the 2011 Winner of IAMTN's Money Transfer Award for the Americas.16 November 2011
Paytoo is honored to announce that it has been voted the top money transfer company for the Americas in 2011 by the International Association of Money Transfer Networks (IAMTN). Simon Holbrook, Chief Marketing Officer of Paytoo, accepted this prestigious award on behalf of Michel Poignant, CEO, and the Paytoo team at the Global Money Transfer Summit, which took place at London’s Hilton Hotel on Park Lane yesterday.
In 2009, Paytoo became the first universal mobile wallet solution to present customers with a single account that combines mobile payment capabilities and telecom services. “Paytoo’s reliable, patented technology allows for services that are convenient and easily adaptable to the specific needs of customers in countries all over the world,” said Cedric Mayol, Chief Technology Officer and architect of the Paytoo system.
PayToo enters into the social game arena through its Partnership with Paymentez
13 October 2011
Today, Paytoo, the mobile wallet solution leader in cutting edge telecommunications and payment services, announced it has entered into a strategic partnership with Paymentez, the all-inclusive, social games and virtual content payment platform represented online and at more than 500,000 point-of sale kiosks spread throughout retail stores and Internet cafes in Latin America. This agreement brings Paytoo's services to Paymentez' network which currently includes Argentina, Brazil, Chile, Colombia and Mexico.
With the instant issuance of a virtual Visa card from Paytoo’s mobile wallet, banked and unbanked consumers within these countries are able to access the Paymentez System to pay for games and various other services that Paymentez plans to offer in the future. Just like with a regular physical Visa card, consumers can now load money onto their Paytoo virtual Visa cards and use it for all types of purchases through the Paymentez gateway. [...]
Many New Products & Exciting Features, a New Admin & User Guide
10 August 2011
Paytoo is happy to announce the release of a new platform that now provides multi-currency transfers and Top Up to 185 telecom providers! Paytoo has expanded significantly and now has over 60,000 locations in the United States and 400,000 worldwide where you can deposit money! Over the past year, we’ve created a new Admin, and we’ve added new products and many exciting features to your Paytoo account that you may not be aware of!
You know that you can transfer money from your Paytoo account to another in real time around the world, but now you can also [...]
PayToo Breaks Through to Entertainment Industry.
23 June 2011
Paytoo, Paymotech’s international mobile platform continues with large-scale ecommerce development throughout Canada by partnering with Mediamatic Ventures.
Paymotech, a leader in cutting-edge telecommunications and payment solutions signed an agreement with Mediamatc Ventures, the 24/7 ultimate automated movie and video store.
Paytoo service provides mobile customers with access to the latest mobile technology, mobile payment, mobile transfer, NFC, and POS payment through the Paytoo switch. Through its partnership with Mediamatic Ventures, non-banking customers will now be able to rent movies and videos instantly and securely using their Paytoo mobile wallet account at convenient media kiosks throughout Canada. Now a credit card is no longer needed to rent movies and videos [...]
Mobile Money - A Solution Ready Today.
28 May 2011
Written by Ross MacDonald, CEO of Live Ensure
Google has just announced with some fanfare that they have created a mobile money eco-system. Android users can now use their devices fitted with NFC chips to make payments at selected points of sale in the US. This will only be launched on a limited scale some time in the Summer. It is not actually ready yet. (http://googleblog.blogspot.com/2011/05/coming-soon-make-your-phone-your-wallet.html)
There is no doubt that those of us in the ‘advanced’ West will value the utility of being able to swipe our phones (which have become extensions of our very beings) when we buy coffee - the Starbucks app has been out for a while – (http://www.starbucks.com/coffeehouse/mobile-apps) or when we make our day to day purchases. It will be ‘cool’ just as it is cool today to flash an NFC enabled credit card at an NFC enabled POS when making small value purchases.
However I would argue that the utility, of the full functionality of mobile money transactions, will only be fully appreciated by those living in less developed countries - where few have bank accounts and credit cards but many have mobile phones [...]
PayToo Reaches the Top of the World
17 May 2011
Paytoo, Paymotech’s international mobile platform is opening a new corridor and is now available at the top of Mount Everest through its alliance with Online Nepal Services.
The M-commerce “Winds of Change” sweeps the U.S.
12 April 2011
The mobile commerce revolution sweeping the rest of the world appears to be only now hitting U.S. shores with further proof forthcoming in my recent interview with Michel Poignant, CEO Paymotech, who confirmed that his mobile wallet creation called Paytoo Mobile was already available in 250,000 wireless stores elsewhere in the world. His team spent [...]
Paytoo and Prepay Nation Announce Strategic Partnership.
29 March 2011
Agreement to offer Paytoo’s Worldwide mobile customers International Top-Up service through Prepay Nation processing directly from the Paytoo Mobile wallet account
At the CTIA show in Orlando, FL, Paymotech has entered into a strategic partnership with Prepay Nation, one of the fastest growing providers of instant account refills for international prepaid mobile operators, to offer International Top-Up Services for its customers directly from their Paytoo Mobile Wallet account. These solutions are offered worldwide in both emerging and developed markets. Paytoo offers services that include money transfer, mobile wallet, mobile payment solutions, low cost mobile phone solutions and VoIP all integrated into a single product offering [...]