SOURCE: PXT Payments

PXT Payments

December 14, 2011 14:18 ET

Forget the Plastic: PXTMoney Launches SmartPhone Payment App With "can I $ u a drink?"™ Free $5 Offer for College Students, Locals

Designed to Help Students Earn Money Too, PXT Pays $1 for Each Friend Signed Up, Plus a Percentage Every Time Friends Use PXTMoney to Pay for Something

ANDOVER, MA--(Marketwire - Dec 14, 2011) - PXTMoney, a mobile payment and discount program company, today launched the smartphone payment app that lets consumers forget the plastic and 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.

PXTMoney has tailored its completely mobile payment system to college students and young professionals who need discounts, as well as an efficient way to earn spending and even tuition money.

"Students are often forced to take on too many jobs in order to make it through school," says John Regan, CEO and founder of PXTMoney. "There's no doubt this leaves students exhausted and overwhelmed, which affects their studies. We're trying to help students instead earn money while they're hanging out on Facebook, and give them exclusive discounts. We're also offering student internships, so please visit our website or check us out on Facebook."

Whenever you sign up a friend, you earn $1. Every time your friend purchases something using PXTMoney, you get a percentage of that purchase. That money can add up over time, giving you spending money and even tuition money. This offer is ongoing, all a part of using new mobile money.

PXTMoney is also safer than debit cards. They can't be lost or stolen, and the app is protected by a PIN number.

PXTMoney kicks off its "help students" campaign this week with final exams in mind. Go to, load the app and get $5 free. You can redeem that $5 for a free drink at Sunset Cantina, Big City, or Sunset Bar and Grill through New Year's. Angora Cafe ("can I $ u a shot--of espresso?"™) and Natalie's Pizza ("can I $ u a slice?"™) are also chipping in to help students study for finals with caffeine and much needed comfort food. Angora is offering free coffee with a baked good to students who pay with PXTMoney, and Natalie's is offering two large cheese pizzas for $15.95 plus tax.

The offers from Angora Cafe and Natalie's Pizza are in addition to the $5 free for signing up. Check out for other store owners who take PXTMoney, and start to Forget The Plastic™.

With the holiday season and community spirit in mind, PXTMoney is also donating $1 per app download in Brookline and 25 cents per transaction in Brookline through January 1, 2012.

Contact Information

  • Contact:
    Rivka Tadjer
    Chief Marketing Officer
    Email Contact