OLB Group Expands Support for Apple Pay and Google Pay
SecurePay
payment gateway incorporates popular consumer payment options,
enabling merchants to seamlessly offer more payment
choices
New York,
NY, October 21,
2020 -- InvestorsHub NewsWire -- The
OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based
omnicommerce and
payment acceptance solutions for small- and mid-size merchants,
announced it has upgraded its SecurePay payment gateway
system to support Apple Pay and Google Pay across all merchant
platforms. Merchants utilizing the OLB SecurePay gateway
service or the OmniSoft cloud-based business
management platform will
immediately have the option
to accept these
alternative contactless
payment methods
without any equipment changes.
Ronny Yakov,
chief executive officer of OLB, said, "Google Pay and Apple Pay are
popular with many consumers who rely on mobile devices as their
primary shopping and payment tool. Integrating
these
services into SecurePay makes it
simple and painless for merchants to offer these alternatives
within a
single secure payment
ecosystem. Our company will continue to
add technologies and features that will enable merchants to
leverage the substantial efficiencies available through our
omnicommerce services."
Compatible with
mobile, tablet-based, and cloud-based payment
acceptance services and equipment, SecurePay
processes Apple Pay and Google Pay
transactions securely and with the same efficiencies as traditional
card payment transactions.
Merchants
interested in implementing omnicommerce services or accepting
Google Pay and Apple Pay within an existing payment
infrastructure can set up an account at
https://cardaccept.com/#contact
For more
information about The OLB Group, please visit
www.olb.com and
www.olb.com/investors-data.
Investor
Database for Future Press Releases and Industry
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Interested
investors and shareholders are invited to be added to the
corporate email database for corporate press
releases and industry updates by sending an email to
investorrelations@OLB.com.
Safe Harbor
Statement
All statements
from The OLB Group, Inc. in this news release that are not based on
historical fact are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 and the
provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements include, but are not
limited to, statements concerning the impact of COVID-19 on our
operations and financial condition our ability to implement our
proprietary merchant boarding and CRM system and to roll out our
Omni Commerce applications to our current merchants and the
integration of our secure payment gateway with our crowdfunding
platform. While the Company's management has based any
forward-looking statements contained herein on its current
expectations, the information on which such expectations were based
may change. These forward-looking statements rely on a number of
assumptions concerning future events and are subject to a number of
risks, uncertainties, and other factors, many of which are outside
of our control, that could cause actual results to materially
differ from such statements. Such risks, uncertainties, and other
factors include statements regarding the expected revenue and
income for operations to be generated by The OLB Group, Inc. For
other factors that may cause our actual results to differ from
those that are expected, see the information under the caption
"Risk Factors" in the Company's most recent Form 10-K and 10-Q
filings, and amendments thereto, as well as other public filings
with the SEC since such date. The Company operates in a rapidly
changing and competitive environment, and new risks may arise.
Accordingly, investors should not place any reliance on
forward-looking statements as a prediction of actual results. The
Company disclaims any intention to, and undertakes no obligation
to, update or revise any forward-looking statement.
About The
OLB Group, Inc.
The OLB Group,
Inc. is a payment facilitator and commerce service provider that
delivers cloud-based merchant services for web-based and
brick-and-mortar organizations. OLB provides a seamless, end-to-end
digital commerce solution that includes site creation, hosting,
transaction processing and payment gateway, order fulfillment,
customer service, outbound marketing, sales reporting, and
fundraising. With services from private label shopping sites
designed to maintain the unique look or feel of the merchant
website, to order fulfillment and customer service, OLB remains
invisible to the user and promotes the merchant's brand with
market-leading technology and solutions. For more information about
solutions, services, or to find a reseller, please visit
www.olb.com. Investor information is
available at
www.olb.com/investors-data.
Contact:
Glenn
Goldberg
Parallel
Communications, Inc.
ggoldberg@parallelpr.com
+1
516-705-6116
The OLB Group -
Investor Relations
Rick
Lutz
InvestorRelations@olb.com
(212) 278-0900
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