Services
innovator creates new way for merchants and buyers to do e-commerce, without
banks
AllCom
announced today the start of their new Genie Quick-Load service, an extension of
the company’s ground-breaking Genie CashBox system. Designed to allow businesses and consumers to
engage in electronic transactions, even if neither party is in the traditional
banking system. Genie Quick-Load dramatically shortens the time-to-engagement
for both in person and online transactions.
“Genie
Quick-Load is all about being the fastest and safest way to enable e-commerce,”
said AllCom CEO Thomas Skala. “We’ve been conditioned in recent years to think
of the web as the fastest way to do anything. But sometimes that’s not actually
true.
“Theory
is wonderful, but reality wins every time.
We did extensive testing in the real world, and found that a web sign-up
simply wasn’t always fast enough for buyers to stay interested in completing a
purchase, especially if they were in a brick-and-mortar store. So we went back
to the drawing board, and rethought the process. The result is Genie
Quick-Load.”
CTO
Stuart Scamman explained how Quick-Load works.
“Consumers anywhere can call an 800 number and set up a Genie CashBox in
under 3 minutes, fund it and be ready to buy from a participating merchant. A customer can literally do this while
standing in line at a store waiting to make their purchase. The consumer can use almost any form of
payment, from cash to credit cards, and it doesn’t matter if the merchant even
has a bank
account. They have a Genie
CashBox.”
“With
a Quick-Loaded Genie CashBox, the consumer tells the merchant his or her cell
phone number, the merchant enters the cell number and amount into their own
Genie CashBox interface,” AllCom President Randal Skala went on. “Seconds later, the buyer gets a text message
asking for approval. With one click, the
money is transferred from one CashBox to another, the customer takes their
purchase. And the merchant has their payment.”
The
Genie Quick-Load service is available now, for any merchant to deploy, whether
banked or un-banked.
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AllCom
4570 South Eastern Avenue - Suite 23-221
Las Vegas, Nevada 89119
USA
Phone:(800) 238-2100 -
Quick-Load:
(800) 374-1800
