ORLANDO, Fla., March 6, 2018 /PRNewswire/ -- Pockitapp is a revolutionary new mobile fintech app that lets consumers immediately convert the change from cash transactions and sends it to their phone. No more coins to carry, count or collect. Consumers apply their Pockitapp funds towards checking, savings, gift cards or donate to a charity.
Recognizing the engagement and convenience Pockitapp provides, some popular names in local retail and quick service establishments are piloting the transactional service. Among progressive local merchants involved in the Orlando-area pilot are Brownierie, Farris and Fosters, Hummus House, Small Cakes of Winter Park, and Tea & Tea. Pockitapp is ideal for establishments where an average ticket price is $20 or less.
Its unique competitive advantage allows businesses to cash transact without the hassle of change and speeds transaction time. Pockitapp gives businesses direct communication with customers through push discounts and cash rewards further increasing loyalty. Interested merchants can download the Pockitapp Retail application from the app store onto their own tablet or by contacting Pockitapp directly.
Pockitapp, built by development partner BOLD! Technologies of Orlando, Florida, is a standalone mobile app provided free to merchants along with the tools required to enable the transaction. It can be integrated into their existing POS, or operate as a standalone and run in parallel. Training materials, sales and promotional merchandising are also provided.
Pockitapp eliminates the need to carry, collect or count change back from cash transactions. "As innovative as Pockitapp is in the mobile arena, it's an simple solution to an everyday problem," says Matt Panzo, Co-Founder of Pockitapp. "I carry my phone and wallet and not much else. I'm tired of paying cash, getting coins back, carrying them around and then counting and converting them to get some use out of the money. Pockitapp solves that problem."
Steve Shamrock, Pockitapp Co-Founder, adds "I've had businesses in Central Florida, been involved in a start-ups and always had a love for technology. Orlando is growing in the fintech arena and Pockitapp is a real game changer in mobile payment tools. We've got some traction in Silicon Valley, partnering with a major POS distributor, but it's been the support of the Florida high-tech corridor that gives us our roots."