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Spindle enhances patented processing platform with eCommerce solution

Spindle enhances patented processing platform with eCommerce solution
Wednesday November 20 2013

Spindle has expanded its payment processing services to include the immediate boarding of eCommerce merchants.

As a result, Spindle's innovative Payment Service Provider (PSP) platform is able to accept online payments in addition to mobile payments through credit card swipe. The eCommerce functionality is incorporated into Spindle's mobile marketing and payments platform, which facilitates a rich assortment of integrated location-based marketing services, including customer acquisition content and retention-oriented loyalty programs that are fully customizable by the merchant.

The addition of eCommerce to its PSP offering extends Spindle's powerful POS (Point-Of-Sale) and mobile marketing services to a new audience, potentially increasing the company's customer base as it delivers its integrated payments platform to web-based merchants.

Spindle's eCommerce service will be marketed through the company's existing network of reseller agents, which include merchant acquirers, independent sales agents (ISO's), and financial institutions. Additionally, Spindle is currently accepting applications from resellers who wish to expand their current services by integrating secure eCommerce and mobile payment processing solutions into their current portfolios.

"The addition of eCommerce to our patented PSP platform is an important evolution of our services," said Bill Clark, chief executive officer at Spindle. "Our goal is to offer merchants a single solution comprised of the latest mobile technology for customer acquisition, retention, and payment processing through our merchant portal for both brick and mortar and online merchants. We will continue to grow Spindle's overall value proposition as a mobile commerce leader by incorporating fresh features and functionality via our merchant portal and developer toolbox, while continuing to build a more comprehensive, industrious marketing and payment processing experience for merchants. We welcome the opportunity to bring eCommerce agents into the fold, and empower them to offer essential services such as instant underwriting and boarding to their merchant customers."