SAN DIEGO, CA — (Marketwired) — 02/03/15 — IFAN Financial, Inc. (OTC: IFAN) (the “Company”) is pleased to announce the launch of its new, redeveloped website (). In addition to a clean, fresh look and user-friendly navigation, the new site comes complete with additional company details and product information for potential consumers, merchants and investors.
The Company has also released an investor relations kit designed to describe opportunities in the social commerce market as well as products currently in development by its wholly-owned subsidiaries, iPIN Technologies and Mobicash America. The 18-page investor relations kit is available at .
Through iPIN Technologies, IFAN Financial has licensed two patents that enable the Company to provide secure, merchant processing of transactions while withholding a customer–s personal data. With its proprietary technology, the Company is currently completing development of a new method of online selling via debit card payments and processing that aims to be more secure, less costly, and more convenient than current methods.
Through Mobicash America, the Company is developing the Quidme social commerce platform that will allow users to pay bills, to share and purchase goods and services, and to send money to friends and relatives around the world via simple text message. Unlike its competitors, Quidme is operational without data coverage, which will broaden its appeal to nearly any cell phone user and increase its effectiveness in developing markets.
J. Christopher Mizer, President and CEO of IFAN Financial, noted, “We–re excited about these new marketing tools. They allow us to better communicate the products we are working to create for user communities in the dynamic, mobile space. They also allows us to articulate the Company–s investment opportunity to current and potential shareholders.”
The launch of IFAN Financial–s updated website and marketing activities coincide with the ongoing product development of the Company through its subsidiaries. IFAN Financial expects to launch its iPIN Technologies and Quidme mobile payment products on a commercial basis during the first quarter of 2015.
IFAN Financial, Inc. and its wholly owned subsidiaries design, develop, and distribute software to enable mobile payments. These include the ability to use a debit card and corresponding PIN number while purchasing online on a mobile phone, tablet, or computer and conducting peer-to-peer cash transfers. For more information, visit .
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of IFAN Financial, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond IFAN Financial, Inc.–s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in IFAN Financial, Inc.–s filings with the Securities and Exchange Commission.
Steve Scholl
Chief Financial Officer
IFAN Financial, Inc.
5694 Mission Center Road
Suite 602-660
San Diego, CA 92108-4312
Direct: 858-277-9868
FAX: 619-923-2907
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