Slashes credit card processing rate to 1%, automates 1% or more
instant customer rewards, delivers merchant-branded eGift Cards and
provides unlimited mobile advertising
Mobile today announced its highly anticipated ION Loyalty Small
Business Center is now live, providing small business owners and local
merchants an affordable, easy-to-use mobile loyalty, payments and
marketing platform. ION Loyalty helps increase traffic and sales through
unlimited advertisements in the ION mobile marketplace and with
merchant-branded eGift Cards. The service also cuts costs by providing
an industry-low, 1% credit card processing rate and keeps good customers
returning more often through automated rewards at every checkout.
With more than half of consumers in North America expressing interest in
making payments with their phones, research indicates that mobile
payment transactions could reach as high as $5.4 billion by 2018.
Despite the continued surge in mobile, the majority of small businesses
(which currently make up more than 90 percent of the businesses in the
U.S.) lack a sustainable mobile strategy citing the growing costs
associated with upgrading POS terminals, lack of resources and increased
fees as the primary challenges.
“Small business owners recognize the significance of mobile, and it’s
not a question of if they will integrate mobile commerce, but rather
when and how,” said Ronald Herman, CEO and founder of Sionic Mobile.
“The biggest obstacles preventing these merchants from entering the
mobile marketplace is the time and cost associated with replacing
existing technology, and the increasing fees associated with these types
of transactions. ION Loyalty, however, gives business owners a robust
mobile payments, loyalty and marketing platform at an equal or lower
rate than what they are paying for credit card processing alone and they
use their existing, familiar equipment.”
There are no upfront costs, monthly fees or equipment requirements for
merchants to use ION Loyalty. Business owners simply download the free
ION Loyalty app to their smartphones or tablets and add an ‘ION’ tender
key on their existing POS systems. Merchant settlements on all ION
activity occurs nightly and payments are processed exclusively and
securely through J.P. Morgan Chase.
“Small businesses need to invest in mobile strategies that go beyond
simply accepting payments if they want to see a real return and
long-term benefits,” continued Herman. “ION Loyalty adds the convenience
of mobile payments at a very affordable rate, but also gives the small
business owner tools needed to connect with its customers, attract new
ones, and re-invest in loyalty.”
Small business owners may log in to the ION Loyalty Small Business
Center to manage their accounts, create compelling mobile ads and view
real-time payment activity and history.
To learn more, please visit www.IONLoyalty.com.
About Sionic Mobile
Midtown Atlanta-based Sionic Mobile provides low-cost payments bundled
with mobile marketing and customer loyalty to businesses and instant
rewards to consumers at checkout. The Company’s universal rewards,
called IONs, help merchants keep good customers coming back more often
and are awarded in addition to customers’ credit card points. Consumers
may spend IONs (1,000 IONs = $1.00) at any merchant in the ION
Marketplace on anything at any time or they may donate their IONs to a
local charity or cause. Businesses use ION LoyaltyⓇ securely
online, on mobile devices or through their POS system, eliminating the
need for new equipment. Consumers use the free ION RewardsⓇ
app for iOS and Android for in-store checkouts or the ION Rewards Member
Center to earn IONs when shopping online.
For Sionic Mobile
Anna Stanley, 678-781-3072