SOURCE: PXT Payments

PXT Payments

January 24, 2012 12:00 ET

"Can I $ u a Shot -- of Espresso?"™ Get Free Coffee Thursday at Angora Cafe at BU When You Pay With Your Phone

Forget the Plastic™ -- PXT Money Smart Phone Payment App Caters to College Students With Discounts and $1 Gift for Each Friend Referred, Plus $ Every Time Friends Pay With PXT Money

ANDOVER, MA--(Marketwire - Jan 24, 2012) - PXT Money, a mobile payment and rewards company, welcomes college students back to school with free coffee and a chance to join the pay-by-phone revolution on Thursday, January 26, from 10 a.m. to 3 p.m. at Angora Cafe. Also look for PXT Money ambassadors, in PXT Money T-shirts, at Angora Cafe this Friday and Saturday nights after the BU hockey game against Maine at Agganis Arena. Sign up on those nights and get a free $5 gift, which can help pay the tab at Angora and other local venues, such as Sunset Cantina and Vapiano.

Occupy your wallet and take control of your money by going to and signing up for a PXT Money account, which is just like a debit card/checking account except without banks controlling how money works. Cafe, restaurant, and store owners decide what discounts and special offers are available. Account holders decide how money behaves because it's completely digital and stored on the phone. PXT Money ambassadors will be at Angora Cafe on Thursday helping people sign up and get free coffee and coffee mugs. They will also tell students about fun paid internships now available, for which BU School of Management students can get both course credit and payment.

Pay with your phone. Earn with your phone. PXT Money has launched the smartphone payment app that lets consumers instantly load money from PayPal, credit or debit/checking accounts onto their phone. After that, consumers pay for food, drinks, and other merchandise by just telling the bartender, barista, waiter, or cashier their cell phone number. Consumers can also send each other money instantly, and pool their money to buy things, just by using smart phones. Owe a friend $10? Paying back is as easy as keying in their phone number and hitting a pay button. Want to go in on a pizza at Angora on Thursday with a couple of friends? Just as easy.

Because money on your phone is completely digital stored value, there are no limits to the discounts and special offers stores and restaurants can offer. Aside from exclusive discounts and special offers, consumers can earn money on an ongoing basis by signing up friends.

"PXT Money is designed to help people earn money too," said John Regan, CEO of PXT Money. "Once you have an account, whenever you sign up a friend, you earn $1. Every time that friend purchases something using PXT Money, you also get a percentage of that purchase. And we encourage Boston area college students to let us mentor them gaining work experiences with our paid internship. Apply at Angora Cafe, on Facebook, or on our website. These offers are ongoing, all a part of using new mobile money."

Please visit, and PXT Money on Facebook and Twitter to hear about more special offers and internships programs.

Contact Information

  • Contact:
    Rivka Tadjer
    Chief Marketing Officer
    PXT Money
    Email Contact