Posted On: 01/06/2014 12:18:34 AM
Post# of 612
Virtual YO! Mastercard and YO!21 Debit Card Update
YO Cardholders can conveniently preload a virtual wallet using any one of a variety of methods – cash or cash equivalent, credit card or ACH bank transfer. Once on the network, users can make secure purchases with the one item they will always have with them - their Android or iPhone-operated smart phone. Pre-qualified YO!21 customers will also be able to operate the company's automated dispensary when that machine becomes available throughout 2014 and beyond.
"The cell phone in our world has moved from being convenient communication device to an efficient tool that people carry with them everywhere. Turning it into a payment device just makes sense," says Sean Loomer, YO21 division president. "The medical marijuana market has been challenged in the past when it comes to providing a cashless transaction for their products. By combining product advantages of different Tranzbyte subsidiaries, the Company has not just overcome that challenge but has created a system that can expand into a variety of exciting adult markets," concludes Loomer.
YO Cardholders can conveniently preload a virtual wallet using any one of a variety of methods – cash or cash equivalent, credit card or ACH bank transfer. Once on the network, users can make secure purchases with the one item they will always have with them - their Android or iPhone-operated smart phone. Pre-qualified YO!21 customers will also be able to operate the company's automated dispensary when that machine becomes available throughout 2014 and beyond.
"The cell phone in our world has moved from being convenient communication device to an efficient tool that people carry with them everywhere. Turning it into a payment device just makes sense," says Sean Loomer, YO21 division president. "The medical marijuana market has been challenged in the past when it comes to providing a cashless transaction for their products. By combining product advantages of different Tranzbyte subsidiaries, the Company has not just overcome that challenge but has created a system that can expand into a variety of exciting adult markets," concludes Loomer.
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