Paydunk and Peritus Sign Distribution Agreement for Lightspeed, Spree Commerce and Hyperspace E-Commerce Storefronts and Platforms

Pine Brook, New Jersey, April 19, 2016 (Newswire.com) - Paydunk, innovators of a mobile app that enables a faster, simpler and more secure checkout process for online shopping, has signed a distribution agreement with Peritus to begin marketing the service to Lightspeed, Spree Commerce and Hyperspace customers.

Peritus has developed plugins for both Lightspeed and Spree Commerce platforms that will allow the application to be installed in minutes. “By adding Paydunk to a website a customer can add a simple checkout solution to their web store without having to make any changes to their merchant services or payment gateway.”, said Frank Truglio founder of Peritus.  “The checkout experience has not changed much in the last 20 years, and the few solutions available now do not meet the needs of the retailers or their customers.  Paydunk is the first buy button that eliminates the rubs across the entire retail ecosystem.” 

By adding Paydunk to a website a customer can add a simple checkout solution to their web store without having to make any changes to their merchant services or payment gateway

Frank Truglio, Founder

Lightspeed Web Store is an eCommerce solution that makes the world your storefront, helping you grow your business while keeping your back-office management simple.

Spree Commerce Is one of the largest open source platforms around, it offers a full feature set and is built on common standards, so you don't have to compromise speed to market, efficiency or innovation. The modular platform allows you to easily configure, supplement or replace any functionality you need, so that you can build the exact storefront that you want.

“Our mobile app provides eCommerce sites with a simple checkout solution that will reduce checkout abandonment while providing a secure and private transaction.”, said Mike Marenick, co-founder of Paydunk. “Paydunk makes checking out online as familiar as checking out in a store. Everyone knows how to swipe a card, enter a 4-digit pin and hit confirm.”

Paydunk’s mobile application bypasses the cumbersome checkout process and securely facilitates the payment for eCommerce retailers. Paydunk returns privacy to the user, provides a fast and familiar checkout experience and reduces abandonment rates for eCommerce retailers with no usernames or passwords. Paydunk is not a mobile wallet and does not use tokenization. Our patent-pending technology uses multi-factor authentication along with bank-level encryption to protect users. Paydunk is available on both Android and iOS phones and provides private multifactor authentication for both the webstore and the customer. Paydunk is already available for all market platforms and this agreement will accelerate the onboarding process for Lightspeed, Spree and Hyperspace customers.

About Paydunk
Paydunk, LLC is a New Jersey based company that was formed in September 2014.  Co-founders Mike Marenick and Robert McHugh created the Paydunk mobile app with the idea of making online checkout a simple, familiar and secure process. Paydunk can help retailers of all sizes reduce checkout abandonment and increase customer satisfaction by providing a fast and easy payment method. For more information please visit www.paydunk.com or email [email protected].

About Peritus

Peritus was founded in 2014 with a mission to become the go-to technology consultancy for building world-class, one of a kind, web and mobile applications and web based businesses. We help clients build solutions by building a team that best complements the unique needs of their project. When putting together a tight-knit team of experts, hiring is dead. We actively seek out developers and designers that have the right expertise and mindset for our team and clients.

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PRESS CONTACT

Mike Marenick

Paydunk, LLC

973-797-9449

[email protected]

Source: Paydunk, LLC