IFAN Financial Inc (IFAN)

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IFAN pps will be +.10 with significant rev improvement. base of April 14 release Company just start commercial deployment after beta testing. IFAN technology in such short term deployed in Denmark/Norway with GDP of $847 billions. we announce further commercial contracts that will utilize the mBeaconPay and M2 technology." US entry a ...Game changer...

SAN DIEGO, CA / ACCESSWIRE / April 14, 2016 / IFAN Financial, Inc. - (OTC PINK: IFAN), ("IFAN" or "the Company"), a designer, developer, and distributor of software to enable mobile payments, announced that it has begun commercial deployment of the mBeaconPay and mBeacon2 ("M2") payments technology in collaboration with its strategic partner Netclearance Systems ("Netclearance"). This deployment follows the successful completion of beta testing for these systems.

"The future is cashless, and we already see this in several of the smaller economies in Europe. There are over 35,000 beacon deployments in Denmark and Norway, with $28 billion in transactions processed. Combined the GDP of both nations is $847 billion, about half of which is consumer spending. This means that beacons are already handling about 5% of consumer spending there already. We look forward to demonstrating the versatility of our platform as we announce further commercial contracts that will utilize the mBeaconPay and M2 technology."