IFAN Financial, Inc., Forms Joint Venture with GeoCommerce Inc., To Enhance Target Marketing Capabilities On the IFAN Platform

SAN DIEGO, CA / ACCESSWIRE / June 20, 2016 / IFAN Financial, Inc. – (OTC PINK: IFAN), (“IFAN” or “the Company”), a designer, developer, and distributor of software to enable mobile payments, announced that it has launched a joint venture agreement (“the Joint Venture”) with GeoCommerce Inc., a marketing and commerce technology leader and innovator.

The objective of the partnership is to collaborate in linking disparate online and offline audience intelligence to achieve one-to-one, exact location-based customer engagement, designed to enable clients to build cross-channel ad campaigns from an interface integrated into the IFAN platform.

J. Christopher Mizer, President and CEO of IFAN Financial commented, “This partnership marks an important milestone in the continued evolution of the IFAN Platform. We are excited to be working together with the GeoCommerce team in taking the IFAN Platform to the next level, enabling smarter, more targeted marketing opportunities for businesses to reach customers. We look forward to demonstrating the benefits of our collaboration to our growing list of clients.”

In commenting on the announcement, Jeff Sparrow, Chief Executive Officer of GeoCommerce, said, “We are thrilled to be teaming up with IFAN at this key point in the commercialization of the IFAN Platform. This partnership will allow GeoCommerce to capitalize on the massive opportunity in cashless mobile payments. Our big data analytics and targeting system ties together key audience identifiers to construct precise, cross-touchpoint consumer intelligence. Combine that with the IFAN Platform, perhaps the safest and most versatile mobile payment platform in the world, and we can offer merchants and municipalities an all-inclusive
mobile payment and engagement solution.”

About GeoCommerce Inc.:

GeoCommerce Inc., located in Irvine, California, based in Irvine, CA, is completely transforming digital advertising and mobile commerce by bridging online to offline marketing and mobile transaction data with unmatched precision. Our engagement solutions connect marketers to a targeted customer across all devices based on intelligent, exact-location audience targeting through the use of patent-pending technologies that create a precise link between a range of online and offline identifiers. For more information, visit www.GeoCommerce.com.

About IFAN Financial, Inc.:

IFAN Financial, Inc., along with its wholly owned subsidiaries and joint ventures, design, develop, and distribute technology to enable and enhance mobile and traditional payments. The IFAN Platform consists of proximity based beacons, merchant processing, a mobile wallet, and prepaid card and debit card options. IFAN’s consumer facing entity, PayX, includes a portfolio of payment solutions through the mobile optimized platform capable of facilitating on-demand payments, auto-payments, split-funded payments, proximity marketing, and spending of platform funds through a linked card. IFAN and PayX provide businesses with the world’s first white label, mobile optimized platform that connects to any point of sale system and enables the next generation of marketing and payments with the capability to remit internationally. For more information, visit www.ifanfinancial.com.

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Although forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements, including but not limited to our ability to maintain our website and associated computer systems, our ability to generate sufficient market acceptance for our products and services, our ability to generate sufficient operating cash flow, and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission from time to time which attempt to advise interested parties of the risks and factors that may affect our business, financial condition, results of operation and cash flows. If one of more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

Contact:

IFAN Financial, Inc.
Steve Scholl
Chief Financial Officer
3517 Camino del Rio South
Suite 407
San Diego, CA 92108
Direct: 858-277-9868
FAX: 619-923-2907
sscholl@ifanfinancial.com
www.ifanfinancial.com

SOURCE: IFAN Financial, Inc.

ReleaseID: 441370