VIENNA, Va.--(BUSINESS WIRE)--Jul 15, 2015--FundsFlo, Inc. today announced the launch of the FundsFlo SM online payment platform for large-dollar purchases. FundsFlo, featuring the DealDesk SM user interface, provides a secure way for almost anyone to buy or sell almost any large-dollar good or service simpler, safer and smarter.
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Using FundsFlo, buyers and sellers can easily describe their deals, submit payment, specify payment dates or conditions and the amounts of each payment, and release and track both performance and payment without sharing personal or financial information with the other party. FundsFlo combines the simplicity and speed of its innovative technology with the safety of a managed escrow-like process to create a seamless payment process through which buyers can be sure they get what they paid for and sellers get paid.
"Current payment processing models either completely ignore or do a very poor job at helping buyers and sellers of large-dollar goods and services," stated Lu Tupponce, FundsFlo's President and COO. "Subjective rating systems and customer feedback are useful, but savvy buyers and sellers need a more tangible way to safely transact business. By giving users the ability to track and manage performance and payment disbursement for each transaction, FundsFlo bridges the trust gap between buyers and sellers and minimizes performance and payment risk. We see a huge opportunity for ecommerce marketplaces focusing on sales of home improvement services, automobiles, shipping, bulk goods and other higher value goods and services to leverage our capabilities to make sure their customers get exactly what they bargain for."
While there are many online payment processors and platforms, FundsFlo specifically focuses on large-dollar payments for purchases of goods or services. FundsFlo's patent-pending business method, innovative process flows and easy to use deal management greatly reduces the inherent risks of these payments for both buyer and seller, making it an ideal partner for ecommerce marketplaces.
FundsFlo provides businesses and consumers automated, secure and managed online payment processing for large-dollar purchases. Using FundsFlo, buyers and sellers can rest assured their funds are secured until goods or services are delivered and approved. With FundsFlo's DealDesk feature, parties set the deal terms, specify the payment amount and the dates and/or conditions for payment, then track and manage performance and payment. FundsFlo is a privately held company based in Vienna, VA. For more information, visit http://fundsflo.com.
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CONTACT: FundsFlo, Inc.
Karen Redman, +1-844-386-3735
CCO and VP of Operations
KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA
INDUSTRY KEYWORD: TECHNOLOGY LUXURY ONLINE RETAIL INTERNET SOFTWARE PROFESSIONAL SERVICES FINANCE RETAIL
SOURCE: FundsFlo, Inc.
Copyright Business Wire 2015
PUB: 07/15/2015 07:30 AM/DISC: 07/15/2015 07:30 AM