Paydunk Will Participate as a Distinguished Panelist at the Mobile Payments Innovation Conference

San Francisco, CA, June 17, 2015 (Newswire.com) - ​Paydunk, innovators of a new mobile app that enables a faster, simpler and more secure checkout process via mobile phones will participate on a panel about trends, technologies and services that will transform the online customer experience.  The Mobile Payments Innovation conference starts on Wednesday June 17th and will bring together leaders in the industry to share ideas, thoughts and their vision about where mobile payments are headed and how they will affect the customer.

Robert McHugh, Co-Founder of Paydunk will participate on a panel of four experts along with a moderator.  Robert brings years of in-store and digital retail experience along with a significant knowledge of eCommerce and how it relates to enterprise retailers.     

"Mobile payments are moving fast and changing the way we shop online and in stores. Innovation is great, but for mobile payments to be successful users are going to have to trust that their personal and financial information is safe and secure for it to grow significantly."

Robert McHugh, Co-Founder

“Mobile payments are moving fast and changing the way we shop online and in stores. Innovation is great, but for mobile payments to be successful users are going to have to trust that their personal and financial information is safe and secure for it to grow significantly.”                           

In the past two years the mobile payments space has heated up.  With the announcement of Apple Pay people have become aware of alternate payment options, despite mobile wallets and NFC payments having been around for several years.  Unfortunately the technology has been slow to catch on.  Most people feel paying in store with a card is more convenient then using a mobile wallet.  For now it looks like NFC will remain the dominate form, however, as the industry continues to innovate it is unlikely to remain on top.

In addition, online payments have evolved significantly in the past couple years.  Paypal definitely leads the way in this space but many individuals and merchants are not sold on this being the best fit for their services.  Many consumers and eCommerce sites are searching for better solutions and the opportunity remains for huge growth and improvement in online payments.

“The biggest concern of both users and merchants is privacy. Every week we hear about another site being hacked.  Nothing is off limits.  From the White House and the IRS to the mom and pop eCommerce site they are all vulnerable.”  Robert explained.

Paydunk will provide both the shopper and merchants a platform for safe, private and quick online transactions.  The app will be available for Android and iOS.  It is expected to be released by July 1st.

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].

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PRESS CONTACT

Mike Marenick

Paydunk, LLC

[email protected]