IFAN Financial, Inc. (IFAN) Leading the Way with F
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The mobile payments market is expanding at an unprecedented rate. According to a report by CMO, 58 percent of all consumers surveyed indicated that they favor the convenience of mobile commerce over that of more traditional forms of commerce, and, as a result of this popularity, the mobile-based payment industry is expected to reach $142 billion in volume by 2019. IFAN Financial, Inc. (OTC: IFAN) is in a strong position to capitalize on this growth through the continued development of its growing portfolio of payment solutions, leveraging the significant market flexibility provided by the company’s recently announced funding agreement with Sea Otter Global Ventures, LLC.
Following the announcement of the funding agreement, Sea Otter executives praised IFAN’s innovative approach to the world of mobile payments. As the company continues to refine its product portfolio, this dedication to improvement and innovation should place IFAN in a formidable position to benefit from its established presence in the ecommerce industry.
“We are very pleased to have secured this financing facility with Sea Otter,” stated J. Christopher Mizer, President and Chief Executive Officer of IFAN. “The funding will allow us to execute our business plan and begin commercialization of the proprietary IFAN payment gateway.”
In May, IFAN made a strong push towards the commercialization of its payments gateway through an agreement with digital branding agency Blue Like Neon. Through this partnership, IFAN will have an extremely visible platform to effectively demonstrate the versatility of its mobile gateway, providing a fully customizable social commerce platform that can be adjusted to meet each client’s unique needs.
“The flexibility and security features of IFAN’s solutions are very appealing to us and our clients,” stated Landis White, a founding partner of Blue Like Neon. “The end result increases convenience and security while lowering costs… providing a significant competitive advantage.”
In recent months, IFAN has taken major steps towards the expansion and commercialization of its unique portfolio of products and services. In March, the company announced two major milestones in the development of its iPIN Technologies payment platform, clearing the path for a commercial launch later this year. This announcement, in addition to the company’s recent agreement with Blue Like Neon, gives IFAN additional potential to realize significant investor returns. Look for IFAN to leverage the availability of capital to make strides in building brand awareness for the company moving forward, improving the company’s prospects for industry growth in the years to come.
For more information, visit http://ifanfinancial.com
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