ELAY >>> PATENT PENDING LAYAWAY PAYMENT PROCESSOR // NITRUZZZ
eLayaway(R), Inc. (OTCBB: ELAY), the Internet's first and only patent pending layaway payment processor, has joined forces with Centralized Strategic Placements, Inc. (CSP) to bring the popular online layaway program to the 14 million plus members available through the CSP's Exchange Shopping Program (CSPEX). Members include active and retired U.S. military and other Federal employees authorized to shop at AAFES (Army & Air Force Exchange Services) and other U.S. Department of Defense online stores. Additionally, eLayaway will be offered to CSP's retailers, distributors and manufacturers.
"Layaway is more than just a payment option. It's a commitment by both the consumer and the merchant to work together and fulfill needs," said Sergio Pinon, Founder and Chief Marketing Officer of eLayaway and USAF veteran. "CSP understands that and sees the short and long-term value of providing relevant, value-added services that meet their partner's needs. The opportunity to assist our military families is an honor."
Scheduled for launch in Q1 2012, the CSPEX network will be one of the first integrations launched under eLayaway's latest release scheduled for the fourth quarter of 2011. The post holiday launch date was selected to help consumers get a fresh start in the New Year. One of the benefits of using layaway is being able to make micro payments over an extended period of time. This launch schedule will provide the maximum benefit for the consumer.
"eLayaway complements the other payment options we currently offer to our customers," said Rick Saint Cyr, CEO of CSP. "We believe that credit-free options such as eLayaway provide consumers with the affordability, convenience and payment plans they need to complete a purchase."
About eLayaway(R) eLayaway empowers retailers and payment platforms with an automated micro-payments system designed to support layaway, leasing, micro-lending and layaway/credit hybrid programs. Marketing and customer support is also available, making eLayaway the perfect technology for retailers looking for an autonomous solution. Implementation costs to integrate eLayaway are minimal and ongoing transaction fees are far less than credit card processing fees. eLayaway enables consumers to pay for the products and services they desire using manageable periodic payments, thereby making purchases affordable and easy to budget.
eLayaway, Inc. was founded in 2005. In addition to eLayaway.com, the Company also owns and operates eLayawaySports.com, eLayawayTravel.com and eLayawayHealth.com.
About Centralized Strategic Placements (csp-gov.com) Centralized Strategic Placements, Inc. (CSP) is a sales channel management company specializing in closed-market sales channels. As the leader in developing and managing online shopping programs, CSP serves retailers, distributors and manufacturers seeking to achieve greater sales in markets that are inherently difficult to reach. Typical institutions managed under CSP channel management include government, non-profit and academic institutions. CSP is a privately held corporation with offices in Washington, D.C. and Ephrata, Pennsylvania.
Safe Harbor Statement This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for the current fiscal year and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events. Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of any or all raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace, cost-containment strategies, and the Company's success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company's filing with The Securities and Exchange Commission. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.
For more information, please visit www.eLayaway.com.
Media Contact:
Jeffrey Chicola
eLayaway, Inc.
(908) 228-2197
jeff@stocksthatmove.com
Posted On: 10/02/2012 9:19:05 AM
Post# of 53447
(0)
(0)
Top 10 Most Recent Blog Posts
Weak Demand and Global Issues Impact China's Industries
Category: Economy Total Views: 51
By : Olivia Taylor Updated: 07-27-2024
China's Industrial Profits Accelerate in June
China's industrial gains in June increased more quickly, a reflection of good economic trends despite underlying problems. Official figures revealed a 3.6% year-on-year rise in profits, against a 0.7% increase in May. Strong industry output, according to the National Bureau of Statistics (NBS), helped to explain this increase. Since the second quarter also had a major influence, the easing of factory-gate price declines also reflects. This... Continue Reading
Key Tech Earnings to Shape Market's Near-Term Trajectory
Category: Markets Total Views: 45
By : Thomas Cooper Updated: 07-27-2024
Anticipation Builds for Major Tech Earnings
Earnings reports from big tech companies are much awaited by investors, who might shape the direction of American stock markets. Next week Microsoft, Apple, Amazon, and Meta Platforms have to report their quarterly results. The tech industry has shown notable volatility; recent results from Alphabet and Tesla let down the market. This begs questions regarding whether other tech behemoths can satisfy great expectations. These firms' performance i... Continue Reading
Essential Guide to Bonds: Investing for Beginners
Category: Investing Total Views: 40
By : Kelly Martin Updated: 07-27-2024
Understanding the Basics of Bonds
Bonds are debt instruments companies use to generate capital. Bonds are bought by investors, so the issuing body lends funds. The issuer promises to pay interest at regular intervals in exchange, then return the principal amount on the maturity date. For bondholders, this procedure produces a consistent income source. Bonds can help to lower general volatility and diversify a portfolio. These are often considered safer investments than stocks. Still, knowledg... Continue Reading
Improving Inflation Data Boosts Global Market Sentiment
Category: Economy Total Views: 45
By : Ryan Hughes Updated: 07-27-2024
Global Stocks Rebound After Four-Day Decline
Friday's global stocks show a notable comeback, the first increase in four sessions. Following a dramatic selloff, this recovery found equities stable among bettering economic signals. Data showing a small rise in the personal consumption expenditures (PCE) price index were published by the Commerce Department. Last month this index—a Federal Reserve preferred inflation gauge—rose 0.1%. The statistics implied a possible relaxation o... Continue Reading
OpenAI Launches SearchGPT: A Game Changer in AI Search
Category: Business Total Views: 221
By : Henry Turner Updated: 07-26-2024
OpenAI Unveils SearchGPT: A New Era in Search Technology
Recently OpenAI revealed a prototype of its own search engine, SearchGPT. This instrument seeks to give users quick, accurate responses backed by pertinent, clear sources. Under alpha testing with a small group of users, SearchGPT promises to transform online information search. This tool is meant to be included into the viral chatbot ChatGPT so that a more natural and simple search experience is enabled. Like in a conversation, users w... Continue Reading
Canadian Stock Market Impacted by Wildfires and Earnings
Category: Markets Total Views: 216
By : Dominic Sanders Updated: 07-26-2024
Canadian Stock Market Hits Two-Week Low Amid Earnings Disappointments
Disappointingly low earnings from some economically sensitive companies caused Canada's main stock index to drop on Thursday to a two-week low. At 22,608.03 the S&P/TSX composite index of the Toronto Stock Exchange dropped 31.54 points, or 0.1%. Since July 11, this represented its lowest closing level. Important causes of the downturn were declines in metal mining and industrial shares. Chief investment strategist a... Continue Reading
China's Slowdown Affects Commodities and Global Markets
Category: Markets Total Views: 202
By : Caleb Price Updated: 07-26-2024
Tech Stocks Drive the 2024 Market Rally
Tech stocks have been especially helping the market surge in 2024. Leading the push are companies including Tesla, Alphabet, Microsoft, Meta Platforms, Amazon, and Apple. The market value of these companies taken together exceeds $9 trillion. Their share of the S&P 500 is five percent overall. Particularly driving this increase and producing a two-tier stock market is the artificial intelligence explosion. Most of the climb of the S&P 500 toward... Continue Reading
Future Economic Outlook: Potential Downshift Ahead
Category: Economy Total Views: 211
By : Riley Hayes Updated: 07-26-2024
U.S. Economy Surpasses Expectations with Strong Q2 Growth
The second quarter's U.S. economy expanded faster than expected. Gains in consumer spending and business investment drove this increase. The GDP showed a 2.8% annualized rise according to the Commerce Department's report. This outpaced economists' 2.0% projection. Growth in the first quarter was just 1.4%. This good performance allayed worries about the sudden stop of the economic growth. Though there was past slow expansio... Continue Reading
Understanding the Fundamentals of Business Process Optimization
Category: Business Total Views: 215
By : Hannah Lewis Updated: 07-26-2024
Introduction to Business Process Optimization
Efficiency isn't just an asset in business—it's a necessity. In a world where every second and cent counts, optimizing business processes can mean the difference between success and stagnation. This strategic fine-tuning not only boosts productivity but also enhances overall performance, setting a firm foundation for growth and innovation. In this blog, we will share key strategies and insights to help you grasp the essentials of bus... Continue Reading
Small-Cap Stocks and Dow Outperform Amid Market Rebound
Category: Stocks Total Views: 388
By : Addison Perry Updated: 07-25-2024
Wall Street Indexes Rebound on Strong GDP Data
Thursday's main indexes on Wall Street climbed in response to better than expected GDP data. While the Dow and small-cap stocks lagged, the Nasdaq and S&P corrected early losses. After the tech mauling of the last session, this rise brought relief. On route to recoup Wednesday's losses, the Russell 2000 jumped 2%. Investors questioned whether the recent turn to underperformance made sense. Most megacap stocks were set to prolong losse... Continue Reading