Payrazr Marketplace adds Mobile
Remote Deposit Capture from Cachet Financial
Phoenix, AZ. â€“ May 24, 2016 - Cachet Financial
Solutions, Inc. (OTCQB: CAFN), a leading mobile
fintech provider, and BillingTree
have partnered to bring Select
Mobileâ„˘ NowPay to the BillingTree Payrazr Marketplace.
NowPay becomes the first approved new product category
within Payrazr Marketplace and supplies a fast, easy and
secure mobile check deposit and payment option for end
users. The Payrazr Marketplace offers a wide range of
in-house and best-of-breed payment technologies serving as a
one-stop source for payment solutions.
- Cachet's Select Mobile NowPayâ
becomes the first new partner solution approved by
BillingTree's recently opened Payrazr Marketplace
With NowPay mobile payments technology, Apple iPhoneâ„˘ or
Android-based smartphone users can make electronic check
deposits and payments on the go by simply snapping a photo
of their signed or endorsed check and submitting it for
processing. End-users can make check deposits and payments
anywhere and anytime, avoiding special trips to the post
office, bank or loan office.
â€śWe are pleased to welcome Cachet Financial as our first
Payrazr Marketplace new product and category offering,â€ť
commented Edgars Sturans, CEO and president of BillingTree.
â€śThe NowPay mobile solution extends the Marketplaceâ€™s scope
and value, offering clients a new cost effective,
self-service mobile deposit channel that significantly
enhances the payment experience.â€ť
â€śWeâ€™re very pleased that BillingTree has included Cachetâ€™s
NowPay mobile check payments solution within Payrazr
Marketplace,â€ť added Jeffrey Mack, president and CEO. â€śNowPay
enables clients to offer a mobile-centric, cost effective
and convenient payment and deposit option that also helps
Please click here
for more information about Cachetâ€™s NowPay mobile check
payment solution, or email: email@example.com.
Find out more about the Payrazr Marketplace at http://www.payrazr.com.
About Cachet Financial Solutions, Inc.
Solutions is a leading cloud-based, SaaS technology
provider serving the financial services industry with
mobile money and remote deposit capture solutions for PC,
Mac and mobile. Founded in early 2010, Cachet has quickly
grown into a technology leader and trusted partner of some
of the worldâ€™s largest and most respected financial
organizations. With remarkable growth, an impressive
client base and award-winning technologies, Cachet
continues to drive innovation and deliver world-class
solutions to financial institutions of all sizes.
The company's industry-leading solutions help clients to
increase customer engagement, grow revenues and gain
competitive advantage. Cachet's cloud-based technology
platform simplifies development, deployment and servicing
of consumer and commercial solutions - minimizing cost and
accelerating speed-to-market and ROI. Enabled by Cachet's
complete suite of business and consumer solutions,
financial institutions can better serve the needs of all
their customers. For more information, visit www.cachetfinancial.com.
the leading, technology focused payment solutions company
providing innovative Accounts Receivables products and
services that enable organizations to increase efficiency
and decrease costs of processing payments while adhering
to compliance regulations. For over a decade, BillingTree
has committed itself to understanding the marketplace and
growing payments with technology, helping merchants accept
multiple payment channels while offering comprehensive
value their clients have come to rely on. BillingTree has
a reputation for dependable solutions and extraordinary
customer service, processing billions of dollars of
payments annually through a suite of solutions and
services that integrate with your companyâ€™s needs. Visit MyBillingTree.com
or call 877.4.BILLTREE for payment technology that works.
This press release contains certain statements that would
be deemed "forward-looking statements" under Section 27A
of the Securities Act and Section 21E of the Securities
Exchange Act of 1933 and includes, among other things,
discussions of our business strategies, future operations
and capital resources. Words such as "may," "likely,"
"anticipate," "expect" and "believes" indicate
These statements involve known and unknown risks,
uncertainties and other factors which may cause our actual
results, performance or achievements to be materially
different from any future results, performances or
achievements expressed or implied by the forward-looking
Forward-looking statements reflect our current views with
respect to future events, are based on assumptions and are
subject to risks and uncertainties. We discuss many of
these risks in greater detail in our Annual Report on Form
10-K for the fiscal year ended December 31, 2015, filed
with the Securities and Exchange Commission on April 14,
2016, under the heading "Risk Factors" and in the other
reports we file with the Commission. You are cautioned not
to place undue reliance on these forward-looking
statements. Also, forward-looking statements represent our
estimates and assumptions only as of the date of this
press release. Except as required by law, we assume no
obligation to update any forward-looking statements
publicly, or to update the reasons actual results could
differ materially from those anticipated in any
forward-looking statements, even if new information
becomes available in the future.
VP & CMO
Cachet Financial Solutions, Inc.
Matt Glover or Najim Mostamand
Liolios Group, Inc.
Investor Relations for Cachet
IBA, PR for BillingTree