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Paydunk Makes its West Coast Debut at LA Tech Day(June 17, 2015) Newswire.com)
Paydunk wants to change the way people shop on line by making it a fast, familiar and private experience. This week the Paydunk mobile app will make its west coast debut at the LA Tech Day trade show being held at the California Market Center in Los Angeles on June 18th. Tech Day is a massive science fair for startups. At this show startups will have the opportunity to show off their products to thousands of consumers, the highest caliber investors, the most sought after talent and the greatest pool of tech enthusiasts looking to celebrate emerging venture.
Paydunk recently launched its mobile application for Android and iOS. The app allows consumers to store their personal and financial information locally within their phone. When they want to pay using Paydunk on an eCommerce website the process is very familiar. Everyone understands the in-store experience of swipe your card, enter a pin and hit OK. Paydunk brings this easy checkout to online shopping. No more entering usernames and passwords. You just need phone and a four digit pin number to complete a purchase..
Paydunk makes the checkout process less than 12 seconds and users can be setup and ready to shop in less than 60 seconds, said Mike Marenick co-founder of Paydunk.
Paydunk integrates with all payment gateways and merchant services. It also works on all android and iOS phones. This makes it widely universal for both users and eCommerce retailers. Paydunk was developed with simplicity and privacy in mind. The user never creates an account so there are no user names or passwords to enter. All personal and financial information is stored encrypted within the app locally on the phone. This keeps the customers information private instead of being stored on a cloud where could be potentially stolen.
Paydunk uses a numeric pin-based authentication system which eliminates the need to enter information on a small mobile keyboard. It also makes it simple for the user to remember. Currently 60% of all Americans have more than four online accounts. As eCommerce continues to grow so will the number of accounts. It will be next to impossible for users to remember all of the user names and passwords for each site that has specific setup requirements. Paydunk eliminates the need for multiple accounts.
Paydunk benefits the user by providing simple and secure shopping. In addition it helps eCommerce sites reduce checkout abandonment, Mike explained. The app will be available for Android and iOS. It is expected to be released by July 1st.
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].
Original Source: http://www.newswire.com/press-release/paydunk-makes-its-west-coast-debut-at-la-tech-day