SinglePoint, Inc. Applies for Trademark on Logo, Phrase 'Pay By Text(TM)', Its Mobile Payments Access for Marijuana Dispensar...
February 25 2014 - 9:10AM
Marketwired
SinglePoint, Inc. Applies for Trademark on Logo, Phrase 'Pay By
Text(TM)', Its Mobile Payments Access for Marijuana Dispensaries,
Retailers Nationwide
PHOENIX, AZ--(Marketwired - Feb 25, 2014) - SinglePoint,
Inc. (OTC: SING), a state-of-the-art mobile technology company and
full-service mobile marketing company, announces pending
registration on its application to Trademark on the logo and phrase
'Pay by Text™' to be used at Medical Marijuana Dispensaries and
Participating Retailers everywhere.
Pay By Text™ is the latest from SinglePoint in taking advantage
of today's technology to create a branded mobile payment gateway
for retailers nationwide as an acceptable form of payment along
with Visa, Mastercard and other traditional methods of payment.
Worldwide mobile payments are estimated to grow 62% this year to
$172 billion and could reach $617 billion by 2016, research firm
Gartner says.
"This is an exciting development," states SinglePoint CEO, Greg
Lambrecht. "Making our Trademark official plays an integral step in
our overall goal to become a leading contender of mobile payments
for point-of-sale retail locations. I believe mobile payments will
soon become an everyday application. Marketing this option
alongside the usual methods, for retailers, and for SinglePoint,
holds the potential to increase profits and customer base
exponentially."
He continues, "Current discussions with both existing and
potential clients are positive toward collective benefit. Given the
level of response in line with the increase in popularity for
mobile payment solutions, I can see very soon a 'Pay By Text™ HERE
sign at the forefront of retailers across the country."
SinglePoint is launching its campaign initiatives in the
Cannabis/Medical Marijuana industry by offering dispensaries and
their customers a convenient method of payment directly through
smartphone technology. Alongside these initiatives, the Company
will be talking to retailers in a variety of sectors, demonstrating
the convenience, security and overall efficiency in utilizing
mobile payments technology to increase revenue potential and grow
customer loyalty.
Shareholders -- try it out! Text the phrase: pay by
text to short code 37284
Like SinglePoint on Facebook and follow us on Twitter
Check out Greg Lambrecht on MoneyTV
About
SinglePoint, Inc. Headquartered in
Phoenix, AZ, SinglePoint, Inc. is a state-of-the-art mobile
technology company and full-service mobile marketing agency. We
operate a best-in-class mobile commerce and communication platform
specifically designed to serve the needs of the non-profit
community as well as the for profit companies. We make any campaign
instantly interactive via the mobile phone. This functionality
allows our clients to conduct business transactions, accept
donations and engage in targeted communication campaigns with their
customers/donors through any mobile devices. Send more messages,
create more awareness, and raise revenues and donations.
For more information see www.singlepoint.com
Forward-Looking Statements Certain statements in this news
release may contain forward-looking information within the meaning
of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under
the Securities Exchange Act of 1934, and are subject to the safe
harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and
objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Technical complications, which may arise, could
prevent the prompt implementation of any strategically significant
plan(s) outlined above. The Company undertakes no duty to revise or
update any forward- looking statements to reflect events or
circumstances after the date of this release.
Contact: Greg Lambrecht 602-481-1544
www.singlepoint.com
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