FinovateFall 2012 / Payfone
Presenter Profile:
How they describe themselves: Payfone is a remote mobile commerce company that links mobile identity with the payment process to provide merchants with the easiest, most secure mCommerce checkout possible. Merchants and financial institutions rely on Payfone to power and secure mobile payments for their customers. Payfone is based in New York City with development centers in San Jose, CA and Denver, CO.
How they describe their product/innovation: Payfone’s 1 Touch Checkout™ drives frictionless commerce by retrieving the payment credential tied to the mobile number, thereby eliminating steps in the checkout process and driving higher conversion.
Contacts:
Bus. Dev. & Sales: Bill Murray, VP Sales, bmurray@payfone.com
Press: Amy Masters, VP Marketing, amasters@payfone.com
Website: www.payfone.com
Twitter: @payfone
HQ Location: New York, NY
Company Founded: March 2008
Product Being Demoed: 1 Touch Checkout
Product Launched: September 2012
Metrics: 40 employees
- Key Executives
Rodger Desai (CEO), Matt Tucker (COO), Ray Garcia (CTO)
Key Stats
- Key Board Members
Bob Borchers (Opus Capital), Mike Brody (Co-Founder, Payfone), Rodger Desai (Co-Founder/CEO, Payfone), Stuart Ellman (RRE Ventures), Charlie Fote (Former CEO, First Data Corporation), Kevin Talbot (Relay Ventures)
- Key Investors
American Express, Opus Capital, Verizon Wireless, RRE Ventures, Rogers, Relay Ventures
- Key Partnerships
American Express, Verizon Wireless