Denver, CO - January 30, 2012 -Paybefore has chosen Mocapayas a 2012 Paybefore Awards winner in the Best Virtual, Digital or Mobile Prepaid Application category. Paybefore Awards, now in its sixth year, is the most prestigious recognition of excellence in the worldwide prepaid and stored value industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for the global prepaid community.
“We are thrilled to be selected for the second year in a row as a winner of this year’s Paybefore Award,” said Doug Dwyre, president, Mocapay. “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.”
Mocapay was selected by a panel of five industry experts who served as judges for this year’s competition, which once again included entries from around the world.
“Paybefore Awards was created to honor the companies and individuals that are keeping prepaid on the cutting edge of payments,” said 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,” she continued. “We are proud to recognize its contributions to advancing the prepaid industry.”
“Prepaid is the fastest-growing area of payments because it addresses unmet payment needs of consumers, businesses and governments,” added Marilyn Bochicchio, Paybefore’s CEO. “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.”
Mocapay is changing the way both consumers and merchants view mobile payments. By integrating mobile payments, mobile loyalty and mobile marketing, the company 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. 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.
About Mocapay
Mocapay is a mobile platform for innovative merchants that offers an integrated marketing and sales solution to enhance the lifetime value of a customer. The platform addresses merchants’ need for a new channel that will broaden their reach to customers anytime, not just at the point of sale, encourage purchases and build a stronger brand affinity. Based in Denver, Mocapay is a privately held, venture funded company founded in 2006. For more information, visit www.mocapay.com
About Paybefore
Paybefore is the leading information provider to prepaid and stored value industry professionals, offering the latest news, commentary and analysis. Paybefore’s family of industry publications include: Paybefore.comTM, a searchable online news and information portal; Paybefore NewsTM, daily news briefs delivered electronically; Paybefore News InternationalTM, a weekly compilation of prepaid news and events from outside the United States; Paybefore UpdateTM, an e-newsletter delivered 20 times a year; Paybefore LegalTM, a downloadable e-newsletter covering the legislative, regulatory and judicial developments in prepaid, as well as
feature articles by leading attorneys in the field; Paybefore MagazineTM, a biannual print publication featuring in-depth articles on the opportunities, challenges and trends in the global prepaid and stored value industry; and the only industry directory, Paybefore Buyer’s GuideTM, available online and in print. Visit us at www.paybefore.com