Recently we launched QuickPay, our integrated wallet, into ShopSavvy. QuickPay 1.0 only supports payments using your PayPal account today, but QuickPay 2.0 will allow you to use PayPal AND any credit card you wish (Visa, Mastercard, Amex, Discover). Our goal is to allow you to buy products from retailers with a single tap on your touch screen – add a PIN – and you are able to purchase the product and have it shipped to your house without pulling out your wallet. Think of it as iTunes for everything else. While QuickPay can support ‘pick up in store’ it is really a tool for offline to online purchase conversion, but that is all about to change with NFC support.

QuickPay 2.0 will support local point of sale purchases through the support of NFC or near field communication. NFC is a short-range (4 inches) wireless connection that is compatible with existing ‘contactless’ infrastructure already in use for payments. ShopSavvy users who have set up their QuickPay wallet (with one or more credit cards or bank accounts) will be able to use their phone to purchase products (and even services) from retailers who have NFC readers integrated int heir point of sale systems. Users who leverage ShopSavvy’s integrated wallet will benefit from special offers such as coupons, instant rebates as well as a 1% cash back rewards for purchases. Our objective with QuickPay is to create a very flexible wallet that enables augmented payments using any payment method (credit card, debit card, ACH or online payment) in any setting (online or local).