SOURCE: BAMpay, Inc.

BAMpay, Inc.

September 07, 2010 14:00 ET

BAMpay Launches Secure Mobile Payment System for Restaurants and Retailers

DALLAS, TX--(Marketwire - September 7, 2010) -  BAMpay today announced the launch of its secure, phone based payment solution at Shuck N' Jive and Highlands Café, two Dallas-area restaurants. BAMpay's unique and proprietary payment technology enables merchants to accept payments directly from customers using their iPhone, and without requiring any type of credit or debit card. By not requiring credit or debit cards, BAMpay can significantly reduce the payment processing fees that merchants are currently paying. Merchants can also set up reward and marketing programs to increase foot traffic and customer retention at their stores.

BAMpay structured the sign-up process to be fast, simple, and secure. Customers signing up for BAMpay can earn rewards on future visits to restaurants and retailers using the BAMpay system.

"We wanted to find a way to reduce the high cost of credit card processing fees, thereby helping merchants become more profitable," according to Thom Aldredge, SVP of Sales for BAMpay. "At the same time, we wanted to provide merchants with a valuable and simple way to offer loyalty rewards to their customers. BAMpay provides both. Merchants can save money on processing fees, while increasing their foot traffic at the same time."

With today's launch, BAMpay now offers its phone-based payment system to restaurants and retailers nationwide.

About BAMpay

BAMpay provides a secure, turnkey solution for accepting phone-based payments at the point of sale. Unlike other peer-to-peer mobile payment systems, BAMpay is merchant-centric, and focused specifically on meeting the needs of restaurants and retailers. The solution is easy to set up, and includes all of the equipment and training required to start receiving phone-based payments today. BAMpay also provides merchants with a variety of ways to increase foot traffic through incentive and reward programs. BAMpay is a privately funded company based in Dallas, Texas. For more information, please visit http://www.BAMpay.com/, or contact Thom Aldredge at 888.745.4112.

About Shuck N' Jive

Shuck N' Jive is a family owned Cajun restaurant and bar serving oysters, seafood, crawfish, and a variety of Cajun specialties. Shuck N' Jive is owned and operated by John and Diane Kranz, and has locations in Dallas and Richardson.

About Highlands Cafe

Highlands Cafe is a family friendly, neighborhood restaurant serving New American casual food in the Lake Highlands area of Dallas, Texas. The cafe is locally owned and operated. The managing partners are Lake Highlands residents Kathy Stewart and Anita Siegers. Investing partners include 20 Lake Highlands families. Highlands Cafe was established to fulfill our community's desire to have this type of restaurant in the area, and to aid in the ongoing revitalization of retail in this section of Dallas.

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