Shawn Kohn
Huntington Beach, CA (USA)
Role(s):
Associate/Staff
PinPay
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Startup
Location:
Huntington Beach
Industry:
Technology/Web
Year Founded:
2005
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
Regulated by the U.S. Treasury, PinPay is an ultra-secure, global PIN-debit payment AND money transfer network for e-commerce, m-commerce and in-store transactions. Through revolutionary FDIC-insured electronic "Softcard" accounts, and proprietary technology, PinPay is an EFT system designed and poised to service all 1.7 billion existing Internet users, and fulfill the needs of an under-served consumer marketplace. Funds moved are immediate “good funds,” with no chargebacks, hold-backs, deposits, add-on fees, cross-border fees or costly fraud for merchants. Consumers require NO bank accounts, NO credit history or age status. Money is moved for product and service purchases, wire transfers, free in network transfers, and payroll distribution online, in store, and via cell phones.