New Media Insight Group, Inc. ("New Media" or "the Company") (OTCBB: NMED), a leader in mobile payments, announced today plans to expand its mCard mobile payment system to Seattle and Chicago, with the possibility of adding three additional cities by the end of 2014.
The expansion is in response to the strong demand for mCards since launching in Arizona in November 2013.
"Our efforts promoting and expanding our network have paid off as we've seen overwhelming interest for our mobile payment solution," said Michael Palethorpe, CEO of New Media Insights Group. "The success of mCards reflects the compelling value proposition they offer retailers and non-profits looking to build loyalty programs and consumers looking for a safe and easy way to shop. 2014 promises to be a very busy and exciting year as we build on this momentum and continue to grow."
mCards are one of the only mobile payment solutions on the market today that do not require specialized hardware and can be accepted by any merchant that takes MasterCard. The solution features a powerful infrastructure that allows retailers and organizations to administer loyalty programs and promotions easily and cost-effectively.
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