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Cognitive Computing Authors: William Schmarzo, Elizabeth White, Yeshim Deniz, Eric Robertson, Jason Bloomberg

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Sam’s Club to Sell PayAnywhere Mobile Payment System Furthering Commitment to Small Businesses

PayAnywhere (www.PayAnywhere.com), the professional grade mobile point of sale solutions provider, today announced Sam’s Club has chosen the PayAnywhere credit card reader for mobile devices to showcase in select retail clubs nationwide, as well as online at SamsClub.com.

Sam’s Club is the nation’s eighth largest retailer and a leading membership warehouse club. The retailer’s decision to make the PayAnywhere mobile credit card reader available to the more than 47 million Sam’s Club members, 600,000 of which are business members, gives small business owners an important and powerful tool that has been shown to boost revenue through credit and debit card sales.

PayAnywhere is the payment industry’s only professional grade, mobile point of sale solution suited for any size merchant. With the most comprehensive set of features available and 24/7 customer support, the PayAnywhere mobile point of sale solution is designed specifically to meet the mobile point of sale needs of real businesses, available for iPad, iPhone, iPod touch, Android and BlackBerry devices.

“PayAnywhere and Sam’s Club share the same commitment to small businesses, the lifeblood of our economy,” says Scott Addyman, vice president of sales, PayAnywhere. “We understand the risks and sacrifices small business owners make to follow their dreams and have designed PayAnywhere to specifically support the payments needs of real businesses. PayAnywhere backs our commitment to business owners with live customer and technical support; because we know how critical it is to be able to reach a live person and get answers when you need the help.”

Starting today individuals and business owners can now purchase the PayAnywhere reader, with a suggested retail price of $9.99, at their local Sam’s Club or online at http://www.samsclub.com. New PayAnywhere customers who purchase the reader at Sam’s Club will receive a $10 rebate after processing their first swiped transaction. As a special offer for those who purchase the reader at Sam’s Club stores or on the Sam’s Club website, PayAnywhere is offering $1,500 in free processing within the first 30 days of account activation.

With PayAnywhere there are no hidden fees; no setup, monthly or cancellation fees. Individuals and business owners using PayAnywhere enjoy a low 2.69 percent fee for swiped transactions and some of the fastest payouts in the industry, with transaction funds typically deposited in merchant accounts within two business days.

In addition to the mobile app and card reader, PayAnywhere offers its merchants an online merchant portal for creating extensive custom transaction reports, setting up email alerts, viewing customer receipts, monthly statements and more.

Setting up a PayAnywhere account is fast, easy and free. Once the PayAnywhere reader is purchased from a Sam’s Club store or online, merchants simply download the free app from the Apple App Store, Google Play or BlackBerry App World and follow the in-app instructions to sign up for their merchant account. Approval takes only a few hours, allowing the merchant to begin accepting credit card payments the very same day they purchase the reader.

Sam’s Club joins a long list of national retailers offering the PayAnywhere mobile point of sale solution. Sam’s Club customers can find PayAnywhere in the cell phone accessory section, or online at www.samsclub.com.

About PayAnywhere

Created by a multi-billion dollar credit card processing company with more than two decades of merchant payment processing experience, PayAnywhere is powering a payments revolution with its enterprise-grade, “pay-as-you-go” mobile payments system. PayAnywhere’s mobile point of sale (mPOS) technology and payments industry expertise delivers the industry’s most comprehensive enterprise-grade mPOS features with live 24/7-customer support. For more information visit www.payanywhere.com.

PayAnywhere is a registered trademark of PayAnywhere. iPad®, iPhone® and iPod® are registered trademarks of Apple® Inc., registered in the U.S. and other countries. Android™ is a trademark of Google Inc. BlackBerry® is a property of Research in Motion Limited. © Sam’s Club is a registered trademark of Sam’s Club. Other trademarks and trade names are the property of their respective owners.

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