LOS ANGELES and LAS VEGAS,
Jan. 9, 2018 /PRNewswire/
-- Payscout, Inc., one of the fastest-growing, privately held
global payments processing providers in the U.S., announced at
today's CES 2018 Digital Money Forum panel session that the first
frictionless donation has been executed in virtual reality. The
donation was made to the Jefferson Awards Foundation (JAF) within
an immersive VR experience that features 360-degree video placing
the viewer at the center of an awards ceremony honoring middle and
high school-aged social entrepreneurs from the greater Los Angeles area. The entire experience,
including the ability to donate to JAF without having to remove the
VR headset, is contained within a mobile-based enterprise
application that Payscout created for JAF.
"This is a landmark moment for both the non-profit and payments
sectors," says Payscout COO Juan
Sotelo, who made the donation to JAF within an immersive VR
experience. "Virtual reality, like no other medium, places the
viewer at the center of a story by fully immersing them in the
experience. By integrating a payment component, we are opening the
door for nonprofits to create these compelling emotional stories
tied to frictionless donation capabilities."
The Jefferson Awards Foundation enterprise VR application
features an integration with Visa Checkout, the online checkout
service from Visa that enables millions of consumers to pay in just
a few clicks on their web enabled devices with some of the world's
top merchants. With the integration of Visa Checkout,
consumers can choose their dollar amount and execute a donation in
VR without having to remove their headset.
Building an enterprise application for the Jefferson Awards
Foundation, the nation's most prestigious and longest-standing
organization dedicated to powering and celebrating public service,
grew out of an expanding relationship between the two
organizations.
"At Payscout, our Vision, Mission, and Cultural Attributes are
all built on the belief that, 'every individual has a social
responsibility to make the world a better place,'" said Sotelo. "We
are proud of this moment, not only because it aligns with our
Belief, but also because we are leveraging our core competency —
frictionless payment processing — in a meaningful and impactful
way."
About Payscout
Covering six continents, Payscout is a
global payment processing provider connecting merchants and
consumers via credit, debit, ATM, and alternative payment networks.
The company's technology platform offers payment processing
solutions for brick-and-mortar and ecommerce transactions, and
gives merchants instant access to 100+ countries, billions of
consumers and trillions of dollars. Payscout has earned
acclaim as a new-generation provider of merchant banking services,
specializing in online/ecommerce retailers with a predominant
proportion of card-not-present (CNP) transactions, including
frictionless payments within immersive virtual reality experiences.
For more information visit
https://www.payscout.com/virtual-reality-vr-commerce
MEDIA CONTACT: Tealanie Baldwin, 510-387-0274,
tealanie@waxmanstrategies.com
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SOURCE Payscout, Inc.