October 18, 2010 (Orange, CA) Secure Payments Systems (SPS), a national leader of value-added payment services and transaction processing in the U.S. and Canada, announced today that it has become the first direct processor of Street Savings mobile marketing products. Street Savings mobile coupons and mobile rewards may now be purchased, provisioned (“boarded”) and billed directly through SPS. Independent sales organizations (ISOs) and merchant level sales (MLS) agents gain a one-stop-shopping solution for cost-effective mobilization of merchants’ gift and loyalty programs.
Earlier this year, SPS and Street Savings completed the technology integration of Street Savings’ text-message mobile marketing products with SPS’ gift and loyalty applications. The new business relationship simplifies the sales process for agents and merchants and indicates a significant vote of confidence for the future of mobile marketing within the payments industry.
“Mobile is here to stay” said Lin Fellerman, President and CEO of Secure Payment Systems. “Street Savings has a well-designed product and business model. The Street Savings mobile marketing products are a real value-add for our agents.”
Large retailers are embracing mobile coupon and rewards programs. Street Savings provides many of the same features of high-end solutions designed for major retailers but at a more reasonable price. Using Street Savings, small to medium sized businesses (SMB’s) can build loyalty and improve contact with customers via individualized, timely text messages. Benefits include easy, affordable mobilization of gift and loyalty programs, reduced marketing costs, and increase sales. Unlike “shared short code” solutions, Street Savings utilizes a dedicated short code and its certified mobile marketing program adheres to strict industry guidelines to avoid potential service termination by cell phone companies.
“We understand the needs of both the independent agent and partners like SPS.” said Pal Flagg, COO of Street Savings. “Our expanded relationship with SPS delivers a cutting-edge mobile marketing product within the tight requirements of the industry. It’s now even easier for SPS agents to sell.”
SPS has led the industry with other new product initiatives including '90 Days Same as Cash' PayDay and expresscheck21 a hybrid, "patent pending" web-based ARC / Check 21 solution.
About Secure Payment Systems, Inc.
Secure Payment Systems, Inc. (SPS) (www.securepaymentsystems.com) was founded in 1996 by Linden (Lin) Fellerman, former 20 year employee and 10 year President of the Telecredit/Equifax Check Services subsidiaries. Using dial, Internet, frame relay, and VPN communication services, Secure Payment Systems is directly involved in electronic authorization and settlement payment processing activities for over 8,000 client endpoints across North America including but not limited to check authorization and guarantee, electronic check conversion, Check21 image processing, ACH electronic funds transfers, and gift / rewards card processing. With over 30 years of entrepreneurial achievement in transaction processing and risk management systems, Lin fosters a hands-on management philosophy resulting in unprecedented customer service levels and long term client relationships. For more information, visit www.securepaymentsystems.com
About Street Savings
Street Savings provides mobile marketing solutions that increase revenue for merchants, acquiring banks and independent sales organizations by easily and cost effectively mobilizing their gift and loyalty programs. The company’s Mobile Rewards and Mobile Coupons products utilize mobile text messaging in coordination with existing payment networks and hardware to enable merchants to market directly to customers’ mobile devices. Businesses of any size and number of locations can quickly and proactively create individualized text marketing campaigns that build brand loyalty and increase sales. For more information, visit www.streetsavings.com.