Spindle Inc., one of the leading providers of mobile commerce solutions, announced that it has signed an agreement with payment processing industry consulting firm Transaction Data USA Inc. to resell both Spindle's payment aggregation services and its Yowza!! Offers mobile marketing services. TD USA recently completed the integration of Spindle's gateway platform, making these services open for general availability.
Spindle's aggregation model features a rapid merchant underwriting and approval process, which enhances a merchant's ability to quickly accept card-based payments. The Yowza!! suite of small business services offers sophisticated mobile marketing, advertising and beacon-driven tools that deliver rich media content to consumer mobile devices. These services present an innovative, competitively priced and effective new marketing vehicle that allows businesses to fully leverage the unique advantages of mobile commerce.
Bill Clark, CEO at Spindle, said in an official press release: "TD USA brings a network of more than 10,000 merchants to Spindle, processing an average of six million transactions per month. This makes them ideal candidates for our cost-efficient and expedient aggregation services. We look forward to engaging with this customer base, and delivering a suite of services that can enhance payment capabilities, marketing outreach, and of course, profitability."
Jamie R. Zimmerman, VP of technology at TD USA, said in an official press release: "We are excited to launch our next generation payment services platform in conjunction with Spindle, and empower our customers with simple, streamlined tools that help capture new business and generate incremental revenues. Spindle's offering is a superior option in the payments channel. The company's vision has resulted in the development of some of the most creative and effective solutions for the merchant community, and we are delighted to join forces with them."
TD USA's platform includes virtual terminals, hosted payment pages, transaction dashboards including integrated charge-back management and "big data" features, accessible through the user's smartphone, tablet or other devices.