LinQpay
Carlsbad
About LinQpay
LinQpay is a global leader in Mobile Phone and Global Payment Services with operations in North America, Asia, Europe and Africa. LinQpay offers two complementary services: Mobile LinQ, which processes electronic payments originating from any mobile phone and Global LinQ, which specializes in processing various payment methods in multi-currencies Mobile LinQ service provides businesses with the ability to accept payments from any standard mobile phone. Mobile LinQ, allows businesses that are mobile in nature the ability to accept credit cards as payment using a cell phone as the Point-of-Sale (POS) terminal. No matter if you're a sales distribution representative for Avon, Tupperware or a newspaper; a self employed taxi cab driver, landscaper or handy man; a flea market stall owner, farmers market or trade show exhibitor you can now accept credit cards anywhere at any time. Basically it gives each business a point of sale terminal in their pockets through their standard mobile phone anytime and anyplace. The service is simple, quick and secure. The business simply accesses Mobile LinQ through a JAVA application downloaded onto their mobile phone in seconds. The business agent enters the card details, Mobile LinQ captures the transaction and sent to LinQpay via secure encrypted SMS messaging, LinQpay servers receive the message, decrypt it and route it to the correct acquirer for processing. The transaction is processed within seconds and once completed an SMS payment receipt is sent to the end consumers and business agent mobile phones for transaction confirmation. All within seconds and while the customer is standing in front of the business agent. No longer do merchant have to buy expensive, cumbersome and hard to maintain hardware. Real time authorization and receipt verification. Additionally, since LinQpay uses a JAVA application that sits on the mobile phone at all times and secure encrypted SMS, the business agent does not have to wait for a mobile website to load or have dropped sessions on the mobile phone. The business agent has instant access to the application and can capture the credit card information quicker. The system is proven to increase sales, cut fraud and lower operational costs. Mobile LinQ has a full mobile and online multi-tiered management system which enables several layers of functionality and reporting. These tiers allow for maximum flexibility in managing and reporting remotely within large and small organizations. A full mobile fulfillment and inventory management system allows for real time in field queries and delivery times for goods and services.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Funding stage: Early Stage Venture
- Last round: Series A (Jan 2007)
- Website: linqpay.com
- Phone: 888.490.8222
Industries & Categories
Finance, Mobile, Mobile Payments, Payments, Transaction Processing
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