>>>REASONS IFAN A BUYOUT CANDIDATE TO PAYPAL <<<
-PayX enables users to transfer/wire money instanty. Paypal transfer funds settle in 3-5 days and take 2 weeks to settle for new users!
-PayX wallet can store bitcoins, paypal wallet cannot.
-PayX charges 1.5% flat transaction fee. Paypal charges 2.9% + 30 cents base fee per transaction.
-PayX merchant processing provides split funding where funds are divided between sellers and suppliers in cases of consignment. Paypal does not.
-Power by Ifan gives users mastercard zero liabilty policy. This does not apply with Paypal debit.
-PayX hosts 100% xhtml compliant. Paypal isn't even xhtml compatible.
-PayX processes reocurring billing/payments, paypal does not provide this service.
-PayX processing does not require merchants to be PCI compliant. Merchants do not need any third party software/programs. Paypal requires merchants to be PCI compliant, because they do in fact have access to users personal information!
-PayX and power by Ifan gives users access to 24/7 365 customer service. Paypal only offers customer service from 6am-8pm!
Here is the PR from August, about the time that the MJ boom started, tell me this doesn't sound like they are thinking of joining that market, because it sure sounds like it:
"IFAN Financial, Inc. Announces Revenue for the Quarter
SAN DIEGO, CA / ACCESSWIRE / August 1, 2016 / For Q3 ending 5/31/2016, IFAN Financial, Inc. (OTC PINK: IFAN), ("IFAN" or "the Company"), a designer, developer, and distributor of software to enable mobile payments, reported revenues of $268,294 from the license of its PayX product as well as processing fees.
J. Christopher Mizer, President and CEO of IFAN Financial, stated: "We are excited about our first significant revenue since we began commercialization of the IFAN Financial Payment Gateway and PayX Platform. This revenue reflects initial validation from the marketplace for a seamless solution designed for merchants. PayX is the first fully optimized, integrated mobile solution for merchants with an installed customer base. It gives businesses the ability to create a custom, mobile, online, and in-store commerce experience based on their customer's defined needs using our mobile wallet, smart beacon technology, and payment gateway."
Steve Scholl, CFO, added, "The PayX Platform offers an instantaneous method for processing transactions through a mobile device either online or via a physical device. The benefits to PayX merchants are lower processing costs, higher security, and a one-on-one interaction with their customer base. Additionally, merchants receive valuable, purchasing data from their customers which may be used for targeted marketing, loyalty, and promotional programs
