Moovly Media Inc. (MVVYF)

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Moovly Announces PayPal Integration to Support High User Growth

VANCOUVER, CANADA -- (March 6th, 2018) Moovly Media Inc. (TSX VENTURE: MVY) (OTC: MVVYF) (FRANKFURT: 0PV2) ("Moovly" or the "Company") is pleased to announce a new PayPal integration, enabling users from growing geographic markets to purchase subscriptions and media assets without the use of a credit card.
Due to substantial user growth in markets such as India, Asia, and Eastern Europe, where credit card use is substantially lower than in other areas, and due to demands from users in such areas for alternative payment methods, Moovly has integrated PayPal as a new payment method. This will allow new users to easily purchase subscriptions and media items from the 150 million available via its Shutterstock integration, all without the use of a credit card.
Brendon Grunewald, co-founder and CEO of Moovly commented, “Integrating Paypal is specifically to cater to the growing number of users that register with Moovly, yet don’t have a credit card, particularly from growth geographies like Eastern Europe, India and Asia. This should allow those users to use Moovly, rather than seem an inferior free option.”
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Moovly Announces PayPal Integration to Support High User Growth