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TheStreet Open House

Monster Offers One-Click Mobile Payment Solution To Be Distributed On More Than 500 Popular Mobile Phone Applications Through Agreement With Iconosys

Stocks in this article: MONT

Monster Offers (OTCBB: MONT), a leading mobile banking solutions company and Daily Deal aggregator, has entered into an agreement with Iconosys, Inc., a leader in mobile communication application design and related products and services, to integrate the Monster Offers one-click mobile payment solutions with more than 500 popular mobile phone applications like DealBuzzer™, DriveReply™, Trick or Tracker™, and Tell My Geo™. Through its collaboration with Iconosys, Monster Offers will be able to offer its mobile payment solutions through the current and future Iconosys distribution network of mobile phone application users.

Also under the agreement, Monster Offers and Iconosys will work on future joint development of applications for mobile one-click payments and Daily Deal-related technologies. The Monster Offers family of mobile payment solutions includes“One-Click” Payment Processing, Pre-Paid Debit Card, P2P Mobile Money, Daily Deal eWallet, Redemption, Loyalty Rewards, and Merchant Services. The planned integration is expected to be complete by July 2011.

SOCIAL MEDIA-DRIVEN DEALS BY DEALBUZZER

The Iconosys DealBuzzer™ mobile application will be among the first to benefit from Monster Offers’ one-click payment solution. Designed specifically for small business owners, entrepreneurs and the self-employed, DealBuzzer™ serves as a platform for powerfully leveraging social networking tools to promote daily deals. Through the pervasive use of social networking sites like Facebook and Twitter, businesses can now post their special deals on a real-time basis.

MONSTER OFFERS MAKES DEALS EASY-TO-BUY

Monster Offers provides a convenient, online one-click and mobile payment solution serving the Daily Deal industry, which allows users to easily purchase and track deals on multiple platforms including iPhone, Android, Blackberry, and Nokia.

ICONOSYS QUOTE

"The integration of Monster Offers payment solutions with the more than 500 mobile applications from Iconosys will significantly improve the mobile purchasing experience by making transactions quicker and easier to process from a user’s mobile phone. By aligning the capabilities of Iconosys applications with the mobile payment solutions offered by Monster Offers, businesses can combine the massive reach of social networking sites with the growing popularity of such mobile marketing innovations as the Daily Deals.”

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