Canadian Treasurer

September 3, 2014

Sionic Mobile partners with MyEcheck

U.S. – Technology providers Sionic Mobile and MyEcheck have partnered to provide electronic check, fraud control, and account services for Sionic Mobile’s ION Rewards mobile loyalty/mobile payments application. By partnering with MyEcheck, Sionic Mobile can now offer ION Rewards users yet another convenient payment option, eCheck, leveraging the industry’s most advanced security and fraud control technologies, while creating a more streamlined, user-friendly consumer experience.

Earlier this year, Sionic announced the addition of the Google Instant Buy feature into its ION Rewards Android version app, giving millions of Google wallet users the ability to pay for purchases with their mobile device in two clicks. Most recently in June, Sionic Mobile was among the first to also make this option available to its IOS ION Rewards users, giving yet another millions of iPhone users the ability to pay with Google Wallet, completing , mobile purchases in just two taps. In addition, ION Rewards users have the option to link a debit card, credit card or stored value cards, making ION Rewards one of the most versatile mobile payments app (with a loyalty component) on the market. Users are instantly rewarded for each mobile purchase completed with IONs that spend like cash at more than 30,000 retail locations – with no restrictions on how and when the rewards can be redeemed.

For example, an ION Rewards user can purchase office supplies at Staples, earning IONS, later that day purchase items from Sephora, once again earning IONs, and then later that evening, order a pizza from Papa Johns using the earned IONs to pay for the purchase. It is one of the only mobile payments/mobile loyalty programs that gives the consumers the ability to control how and when they use their earned IONs, gives consumers a wide range of payment options, and can be used across multiple retailers, restaurants, boutiques, fuel locations and most big-box retailers.

The addition of the MyEcheck module gives consumers yet another payment option, the ability to link a checking account, and also benefits merchants by cutting out costly interchange fees.





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