SOURCE: Spindle Inc.

Spindle Inc.

August 05, 2014 08:30 ET

Compass Intelligence White Paper on Emerging POS Technologies Is Now Available at Spindle.com

"Smart Retailing: The Next Generation of Point of Sale Solutions" Describes New Innovations and Providers That Are Delivering Comprehensive Mobile Commerce Services Through the Point of Sale

SCOTTSDALE, AZ--(Marketwired - Aug 5, 2014) - Spindle, Inc., (OTCQB: SPDL), a leading provider of mobile commerce solutions, announced that it is offering Compass Intelligence's recent white paper "Smart Retailing: The Next Generation of Point of Sale Solutions" to merchants and merchant service providers free-of-charge. Users interested in reading the paper can go to www.spindle.com/whitepapers to download the document.

Written by Lavanya Rammohan, senior analyst with Compass Intelligence, "Smart Retailing: The Next Generation of Point of Sale Solutions" examines the new initiatives and technologies that are impacting the point of sale. Among the topics in the report include the acceptance of mobile devices as a preferred payments instrument, the growth of location-based marketing services, and emerging mobile technologies like beacons, which enable merchants to communicate in real-time with consumers within the storefront, and positions the mobile device as a personal point-of-sale.

The paper also describes various authentication and security technologies that are optimized in the mobile commerce environment, and provides an overview of vendors that are on the cutting edge of delivering the next wave of POS technology.

"We are very pleased to offer this insightful document which provides a comprehensive look into the rapidly evolving developments of point of sale technology," said Bill Clark, Spindle's chief executive officer. "As consumers become more reliant on their mobile devices in terms of receiving relevant offers, and paying for goods and services, merchants will need to make adjustments on their end to meet these demands. The white paper does an excellent job in describing these dynamics, and offering practical ideas for merchants that understand the necessity of upgrading their POS infrastructure to support these new dynamics."

Based in San Antonio, Compass Intelligence is a leading market research firm that specializes in evaluating and providing guidance in mobility, machine-to-machine, telecommunications and network solutions. The company offers a wide array of services, including strategy acceleration, consulting, and ideation. Compass Intelligence clients include Tier 1 service providers, hardware manufacturers, and leading software providers.

About Spindle

Spindle is an innovator of mobile commerce solutions for financial services providers and consumer-facing merchants of all sizes. Spindle is focused on pioneering new ways for businesses to rapidly integrate mobile payments acceptance and mobile marketing services while empowering location-based merchant discovery, fulfillment and frictionless mobile payments for consumers. Spindle is dedicated to expanding beyond traditional electronic payment boundaries by offering cutting-edge solutions that allow clients, partners, merchants and consumers to take full advantage of the rapidly emerging mobile economy. Spindle has an extensive proprietary intellectual property portfolio -- which include patents pending -- that encompass networks, mobile payments, and security. For more information, visit www.spindle.com.

Forward-Looking Statements

This release includes 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. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Public Relations Contact
    Glenn Goldberg
    Chief Executive Officer
    Parallel Communications Group
    516-705-6116
    Email Contact

    Investor Relations Contact
    Chris Meinerz
    Chief Financial Officer
    Spindle, Inc.
    480-295-8059
    Email Contact