Mobile payment QR Code based system. We did it first!
SmartPaySM is a mobile payment processing platform using optical code identification to facilitate merchant payments across multiple mobile operating systems, using QR Code® optical identification technology.
To put it more simply, SmartPaySM is an alternative to debit and credit cards that allows users to pay for things by simply typing in the amount they want to send, and then scanning the merchant’s QR Code®.
© 2011 SmartPay, Inc. All Rights Reserved.
QR Code® is a registered trademark of Denso Wave, Inc. of Japan.
Tom Heeter, Founder & CEO:
As the visionary behind the application and service, Tom brings a sharp focus to product development and the direction of the company. Tom draws inspiration from his childhood, growing up among a community of NASA scientists. Tom has years of experience as a CPA and Real Estate manager, and lends his accounting, financial and team-building skills and experience to the SmartPayTM application and company. He holds a BA in Economics, BBA in Accounting from University of Texas, Austin and earned his Doctor of Jurisprudence from South Texas College of Law. Tom also has a Certification in Mediation from California State-Chico.
John Selvadurai (Chief Technical Architect, Director of Software Development):
John is the technology architect of the SmartPayTM application and service infrastructure. He has years of experience developing Client/Server applications. He holds a BS and MS in computer science, an MBA from Indiana State University and is a doctoral candidate in technology management.
Kishan Manamperi (Software Development Senior Manager ): Kishan manages our software development team in India. Kishan has a background in computer science and a BS in Construction Management.
Saundra Parola (Promotions Manager): Saundra leads our focus groups and other consumer behavior studies that help make the SmartPayTM application intuitive, attractive and user friendly. Saundra holds a BS in Recreational Administration.
Neil Gandler: Neil conducts detailed market research into merchant preferences for the SmartPay® application. He has helped with multiple startups and is a tireless researcher. Neil holds a BS in Computer Science and an MBA from the University of Michigan. Neil’s representative marketing consulting clients have included Ford Motor Company, and Dell Computer Corporation.
Tony Overfield: Tony was a Senior Engineer with Dell Computer. Tony has provided technical assistance in overcoming complex hardware and software integration issues relating to the development of the Smartpay application.
--No Credit Card Hardware required: SmartPay is ideally suited to an open air market or open table market like a farmers' market. If you own a printer and an iPhone , Android or Blackberry, then you have everything you need to receive payments.
--Significant Savings on Monthly Merchant Fees if Your Average charge is over $30.00: SmartPay transaction fee model is significantly less than typical credit card with a transaction fee cap of $1.00 regardless of the amount sent. This compares favorably with up 2-5% for comparable credit card transactions. So, if a merchant receives $100.00, with SmartPay, the max fees would be $1.00 and with a credit card the max fees would be up to $5.00. Additionally CC companies typically charge a fixed monthly fee as well.
--Significantly Better Fraud Protection: You can change your merchant decal as often as you like, every day even. Moreover, the decal PAPER so there is no way to electronically hack into it. Even if someone copies the merchant decal code, the merchant software only allows merchants to receive money, so as a merchant your transactions are totally secure.
--No More Paper Receipts: As a micro-merchant, whenever someone sends you money, you get both a text message and a email receipt.
Expensive Hardware: Nearly all of the competing models for electronic funds transfer via smart phone, require additional hardware that is comparatively expensive for the merchant, the consumer, or both: