iOffer and Mpayy are entering into a partnership in which iOffer will employ Mpayy's online-auction payment solution. iOffer will integrate Mpayy's Secure Checkout Window that was developed to enable a seamless, faster experience for buyers and sellers. "This product is directly targeted at the needs of online buyers and sellers to improve sales conversions and avoid obstacles, including multiple screens, associated with traditional online checkout," said Conrad Sheehan, Founder & CEO of Mpayy.
iOffer buyers can instantly open Mpayy personal accounts during checkout and make secure payments from their checking accounts. They will receive 1% Cash Back on purchase amounts over $50 and be able to make free Person-to-Person transfers on www.mpayy.com, on cell phones at https://mobile.mpayy.com or on Facebook (http://apps.facebook.com/mpayyment) and MySpace (http://tinyurl.com/myspace-mpayy) with Mpayy's secure social utility and blog application.
The companies said iOffer sellers will see savings on every transaction, paying 2% plus 20 cents per transaction when they open an Mpayy Small Business account from the iOffer Seller's Center. In a move that harks back to PayPal's early days, new Mpayy accounts opened via iOffer will receive a $10 bonus. The account also enables sellers to turn mobile web phones into point of sale systems.
iOffer's implementation of Mpayy will be included as part of a redesign to streamline the iOffer Checkout process.
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