IFAN Financial, Inc. Forms Strategic Partnership with Netclearance Systems Allows Integration of Smart Beacon Technology with Payment Platform

SAN DIEGO, CA / ACCESSWIRE / March 24, 2016 / IFAN Financial, Inc. – (OTC PINK: IFAN), (“IFAN” or “the Company”), a designer, developer, and distributor of software to enable mobile payments, announced the formation of a strategic partnership with Netclearance Systems (“Netclearance”). Netclearance is the leading provider of cloud-based in-venue mobile proximity payments, marketing, engagement and analytics solutions. This relationship allows IFAN to supply Netclearance smart beacons and other solutions to its customers.

This strategic relationship enables Netclearance to integrate the IFAN Payment Gateway within its product and service offerings, and supply it to their customers. The combination between IFAN’s services and Netclearance products, services, and technologies facilitates merchants in adopting next-generation, comprehensive solutions that includes a beacon platform, payment processing, mobile wallet, and prepaid debit card service. Merchants will receive the benefits of push marketing, geo-location within retail establishments, purchasing and paying for products, data analytics, enhanced customer engagement in mobile environment, and real-time tracking of information, which is of greater demand to merchants. This benefits both sides of the transaction; for the consumer, an easier and tailored shopping experience, and for the merchant, the opportunity to target market and upsell customers using greater intelligence.

J. Christopher Mizer, President and CEO of IFAN Financial commented, “This relationship with Netclearance significantly expands an already sizeable market opportunity for IFAN. It also enhances the value we can deliver to customers through the IFAN platform by incorporating the same technology solution that is enabling Denmark and Norway to become “cashless societies.”

David Fernandez, Founder and CEO of Netclearance Systems added, “Formalizing a strategic partnership with IFAN makes complete sense to us, as our combined technologies will provide the very best value-add solution for our customers. We look forward to a long-term relationship that will further the adoption of cashless transactions throughout the world.”

About IFAN Financial, Inc.

IFAN Financial, Inc. is headquartered in San Diego, California. IFAN, 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.

About Netclearance Systems

Netclearance Systems, Inc. the leading provider of cloud-based in-venue mobile proximity payments, marketing, engagement and analytics solutions, offers state-of-the-art wireless proximity beacon technology and software to drive real-time customer and workplace insight for optimized decisions and increased margins. Founded in 2011, Netclearance is headquartered in San Diego, California. For more information, visit www.netclearance.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: 438127