MediSwipe launches mobile payment and loyalty service for Rx Pharmacies, wellness centers and retail merchants in US

Following the agreement with SparkBase and the use of the PayCloud mobile payment application, MediSwipe clients are to be migrated to the new mobile payment system providing a form of payment for prescriptions, goods and services.

After downloading the PayCloud application, customers will have access to merchant locations via a geographical locator and map, showing all participating merchants on the system and network. The client needs to register with a specific location, receive a branded loyalty and payment card and fund the card under traditional means. After the first transaction, the customer may use a mobile smartphone device for transactions using a mobile e-wallet service.

For merchants who seek to enroll in the program, a sensor is placed on any existing credit card terminal. Once the PayCloud software is downloaded to the terminal and the merchant is enrolled in the network, the location will appear in the geographic locator on the PayCloud application to new potential clients.

Furthermore, through an audio transmission between the smartphone and terminal, retailers may use their mobile phones to complete financial transactions without the use of any card present and offer loyalty push programs to mobile users.