IFAN Financial, Inc. (IFAN) and iPIN Technologies
Post# of 96
IFAN Financial has announced that its iPIN Technologies subsidiary has started initial beta testing of its card payment platform through Vantiv’s industry leading payment processing system. IFAN is considered by many industry insiders to be an innovator of mobile payment solutions and technologies.
The payment industry views Vantiv® as one of the most trusted and respected organizations in the payment processing industry and recognizes it as the nation’s largest PIN debit acquiring processor. With 40 years of experience in delivering customized payment solutions, Vantiv has put together an environment where iPIN Technologies will conduct live testing of real-world transactions through the Vantiv system.
IFAN Financial is utilizing Vantiv Test Debit Cards to test and track PIN transactions. The results will contribute to determining the performance and capabilities of the company’s technology.
Mr. J. Christopher Mizer, President and CEO of IFAN Financial commented, “This is the final step of testing before we go live with the prepaid portion of our iPIN Technologies platform, an achievement that represents a significant milestone in the development of IFAN’s business. Working with Vantiv, one of the leaders in our industry, gives us confidence that the iPIN Technologies solution will be positioned as the state-of-the-art gateway in the mobile payments space.”
IFAN Financial, in conjunction with its wholly owned subsidiaries, design and distribute software to facilitate mobile payments. Included here is the ability to use a debit card and associated PIN number while making purchases online using mobile phones, tablets or computer and peer-to-peer transfers of cash.
For more information on the company, visit http://ifanfinancial.com
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