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MobileLime(R) Unveils Next Generation NFC-Based Mobile Shopping Platform; Enhanced Mobile Wallet Lets Consumers 'Shop 'n Go' with their Cell Phones to Instantly Get Rewards and Pay for Purchases at their Favorite Merchants.


BOSTON -- MobileLime(R), the first U.S.-based company to turn the mobile phone into a marketing, loyalty and payment device, today unveiled a next generation platform that will allow consumers to get rewards and pay for purchases by waving their cell phone over a contactless reader at their favorite merchants. Incorporating Near Field Communication (NFC NFC
abbr.
National Football Conference
) technology, the enhanced MobileLime platform will add unprecedented speed, convenience and interactivity to the company's award-winning real-time marketing, cardless loyalty and mobile payment solutions.

"Clearly, contactless payments Contactless payment systems are credit cards, key fobs, or other devices which use RFID for making secure payments. The built in chip and antenna enable consumers to wave their card or fob over a reader at the point of sale.  are gaining momentum in the industry," said Dr. J Noun 1. Dr. J - United States basketball forward (born in 1950)
Erving, Julius Erving, Julius Winfield Erving
. Gerry Purdy, Principal Analyst with MobileTrax. "MobileLime has developed a total solution for NFC mobile commerce for SmartCards and NFC-compatible cell phones. Their total solution enables merchants and consumers to not only use the cell phone for contactless payments but also benefit from real time marketing and cardless loyalty."

MobileLime has been improving the consumer shopping experience by leveraging mobile technology since 2001. With its current platform the company provides merchants with a complete range of mobile payment, cardless loyalty and real-time marketing solutions that:

--Increase the visit frequency and average spend per visit

--Speed-up check out times

--Drive customers to preferred payment methods

--Build customer loyalty

"Moving to NFC is a natural evolution for MobileLime, from both a technology and customer perspective," said Robert Wesley, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of MobileLime. "We were the first to market with mobile payments in the US and understand not only the challenges of the technology, but have successfully leveraged the learnings to create a complete mobile shopping solution that drives merchant sales while rewarding consumer loyalty."

In growing numbers, consumers are paying at the gas pump and zipping through toll lanes with special radio frequency equipped tags and cards. NFC is a standards-based short-range wireless connectivity technology that is installed at more than 27,000 merchant locations nationwide and growing.

With the enhanced MobileLime wallet See digital wallet. , users with an NFC compatible phone will just click the lime from the menu screen, choose the credit card they want to use and wave their phone over the contactless reader that's integrated with the point of sale system at checkout. For added security, the user can configure See configuration.

(software) configure - A program by Richard Stallman to discover properties of the current platform and to set up make to compile and install gcc.

Cygnus configure was a similar system developed by K.
 a PIN required to complete each transaction. With the simple shop 'n go technology, consumers can automatically redeem redeem v. to buy back, as when an owner who had mortgaged his/her real property pays off the debt. The term also refers to paying the amount due and all charges after a foreclosure (due to failure to make payments when due) has begun.  Clip (CLassical IP) See Classical IP.

1. CLIP - Compiler Language for Information Processing.
2. CLIP - Common LISP in Parallel.
3. (programming, tool) CLiP - A documentation extractor by Eric W.
 'n Go(R) mobile coupons, get rewards and pay for purchases at their favorite merchants.

"Our mobile rewards program from MobileLime has been recognized by the retail and mobile industries for its practical innovation. It's fully integrated into our point of sale system, has done wonders for our business-- and our customers love it," said Charlie Bougas, president of Boston-based Broadway Marketplace. "We are looking forward to building on our success with MobileLime by allowing our customers to get rewards AND pay for purchases quickly and easily with their cell phones."

MobileLime's platform is fully integrated into the point of sale and carrier and handset The part of the telephone that contains the speaker and the microphone. On a desktop phone, the part you hold in your hand is the handset. On a cellphone, the entire phone is the handset. See multihandset cordless and headset.  agnostic ag·nos·tic  
n.
1.
a. One who believes that it is impossible to know whether there is a God.

b. One who is skeptical about the existence of God but does not profess true atheism.

2.
, making their marketing and loyalty applications accessible to the more than 200 million cell phone subscribers in the US today.

About MobileLime(R)

MobileLime is the first U.S.-based company to turn the mobile phone into a marketing, loyalty and payment device, enabling merchants to build sales and loyalty in ways never before possible.

With MobileLime, consumers can use their mobile phones to personalize per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 their shopping experience with valuable information and offers, take advantage of loyalty programs without carrying a card, and use their mobile phones as a quick and secure way to pay for purchases. MobileLime enables merchants to create a true one-to-one relationship with their customers - reaching them through multiple channels with timely and targeted promotions when customers are most receptive receptive /re·cep·tive/ (re-cep´tiv) capable of receiving or of responding to a stimulus. . Merchants can take advantage of cost-effective high-impact interactive cardless loyalty programs, and let customers pay with their mobile phones, speeding checkout and cutting costs by offering flexible payment options.

Recently awarded the 2005 Global Retail Technology Award for Best In-Store Innovation and the Innovation Award from the Global Mobile Marketing Association, MobileLime, a service of Vayusa, Inc., is privately held and based in the Boston area. To learn more, please visit www.mobilelime.com
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 21, 2006
Words:685
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