CardFree Provides Only Integrated Wallet Solution for NFC Space

12+ Years of Development & Over 21,000 Locations Deployed Allowing CardFree to Uniquely Propel Partners in New Ecosystem

SAN FRANCISCO--(BUSINESS WIRE)-- Given the recent news about major mobile Operating Systems allowing 3rd party access to the NFC Wallet and the Secure Element, CardFree, the all-in-one platform empowering merchant wallets, is pleased to provide partners with a purpose-built platform delivering customized order, pay, and loyalty solutions to deploy through a single API integration. The team that helped launch the gold standard in merchant wallets 17 years ago formed CardFree to bundle the same set of services, simplify deployment for the rest of the market and prevent vendor fatigue. Services can be deployed in conjunction with a payment vehicle of choice and provide customers with real-time offers, ordering and loyalty all directly integrated to the Point of Sale (POS). While each market with significant NFC adoption has its own unique drivers, growing NFC usage in the U.S. requires value for consumers at brick & mortar merchants.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030084532/en/

Universal Wallet (Graphic: Business Wire)

“When we founded CardFree we looked forward to the day when Wallets would allow for third party applications to fully embrace the opportunity with NFC technology,” commented Jon Squire, Founder and CEO. “We built this platform to cover all of our merchant partner needs and were even granted a patent in our early days to cover the single tap/scan method. We are excited to power our partner brands with a seamless handshake at the POS, particularly since these tools have a proven track record of driving customer acquisition, ticket size and frequency. CardFree has historically focused on the hospitality space, but NFC Wallets will also allow for a new ecosystem that CardFree can bolster - namely payments players who need to deepen their current offering with merchants to better engage with consumers. Simply adding a new payment vehicle to a digital wallet won’t drive adoption, you’ve got to surround the experience with elements that reduce friction and drive engagement.”

The Platform includes three key pillars - all integrated via the Universal API:
Omnichannel Ordering | Omnichannel Payments | Loyalty & Marketing

Interfaces Including:
Web | Native App | TableSide | Kiosk | Handhelds | API/DSK
Integrations Including:
POS | Processor | Loyalty | Gift Card | Delivery

Alan Paul, Founding Member and CRO, remarked, “While we already have customers using single-scan for a better customer experience, more streamlined operations, and to speed up the drive-thru, we’ve heard from numerous brands eager to capitalize on the now-more-open NFC ecosystem. We kicked-off product meetings the day after the announcement and look forward to bringing innovative, NFC-driven experiences to market with them.”

About CardFree

CardFree provides the only integrated solution to mobilize and enhance the customer experience for maximum ROI. Our award-winning platform provides end-to-end services to engage consumers with offers, loyalty, order ahead, and payments. Headquartered in San Francisco, the company has been recognized as a “Fierce 15” company by Fierce Wireless, having the Best Mobile Merchant Platform by Frost & Sullivan, and as Best Mobile Start-up by the MEA Awards. For more information, please visit www.cardfree.com or contact [email protected].

View source version on businesswire.com: https://www.businesswire.com/news/home/20241030084532/en/

For PR/media inquiries, please contact:
Jonathan Banasky
[email protected]

Source: CardFree

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