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Article: La Junta, Colo. Embraces Mobile Payments.
- Article from:
- Investment Weekly News
- Article date:
- October 17, 2009
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La Junta, Colo.-based The State Bank went live on May 21 with Redi Pay Bling, its bank-branded version of Bling Nation's mobile payments network. The network enables banks and merchants to avoid global network costs and keep money within the community through a secure local debit network.
"We have been blown away by how quickly the La Junta community has embraced mobile payments from physically tapping their phones to make a payment instead of pulling out their wallets to understanding the tangible benefits of a local payments network," said Brad Rose, vice president of Information Technology and Security for The State Bank. "In the first 90 days, we acquired 23 ...