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Wipit Enables Consumers to Make Mobile Payments with Cash


Starting off day two of the conference, Wipit demonstrated how users can load prepaid funds onto a mobile wallet using cash:

“Wipit is a mobile payment service that allows users to quickly and easily make payments from their smartphone or online using cash. Users can create a free mobile wallet account via their handset or online and can load prepaid funds by visiting over 10,000 retail locations nationwide. Loaded funds are instantly available to make payments on mobile apps or websites that accept Wipit as a payment option. Users authorize all payment transactions via a simple, single click payment process. Account information and transaction history can be viewed and managed from Wipit’s free mobile app or online.”

Product Launched: Q2 2012
HQ Location: Pasadena, CA
Company Founded: 2010
Introducing Richard Kang (CEO) and Lance Taschner (CTO)