Moneta Showcases Bank-Distributed Online Payments at FinovateStartup09

April 28, 2009 - PRLog -- Today, Moneta Corporation conducted a live, on-stage demonstration its online payment service at the FinovateStartup09 conference in San Francisco.   During the morning session, Moneta CEO, Guido Sacchi, conducted a live, real-time payment transaction, booking an airline ticket through Delta Air Lines website, one of the merchant sites accepting Moneta payments.  Moneta is one of 27 companies pre-selected to present at the FinovateStartup 09 conference, which showcases demonstrations of technology innovation in banking and financial services.  

“Moneta’s on-stage demo is actually a real airline ticket purchase for a business trip I am taking in June.  Moneta transactions are simple, fast and easy for purchases millions of consumers make every day,” said Guido Sacchi, CEO of Moneta Corporation. “The banking community attending FinovateStartup will get a hands-on view of Moneta’s simple, elegant consumer payment method that protects consumer bank account information from the merchant.  We are excited to present our technology to the banking community attending FinovateStartup 09.”

Moneta provides consumers with a bank-sponsored, secure online payment method that addresses their need for security, privacy and convenience when shopping online.  Moneta’s payment service is free to consumers and can be used to pay for purchases online by any account holder of a demand deposit account (DDA) including checking, money market and savings accounts. Banks distributing Moneta receive recurring revenue from Moneta transactions.

FinovateStartup is organized by Online Financial Innovation a bank technology research firm based in Seattle, Washington.  Select companies will have seven minutes on stage for a demonstration of their best products or services. Categories include: alternative payments, mobile banking, bank/lending platforms, person-to-person (P2P) lending, bill payment, B-to-B financial services, financial security, Web 2.0 investing, online PIN debit and next-generation online banking platforms.

About Moneta Corporation
Moneta provides secure, bank-distributed online payment method for consumers to pay online directly from their checking, savings or money market accounts. Moneta partnerships include leading internet merchants accepting Moneta payments such as Delta Air Lines, Shoebuy.com and ecommerce platform providers CardinalCommerce and Universal Air Travel Plan. Merchants offering Moneta payments benefit from increased online traffic through Moneta’s unique marketing programs with financial institutions and non-profits. Moneta is a privately-held company headquartered in Atlanta, Ga. Visit www.monetacorp.com for enrollment and merchant information.

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About Moneta Corporation
Moneta provides secure, bank-distributed online payment method for consumers to pay online directly from their checking, savings or money market accounts. Moneta partnerships include leading internet merchants accepting Moneta payments such as Delta Air Lines, Shoebuy.com and ecommerce platform providers CardinalCommerce and Universal Air Travel Plan. Merchants offering Moneta payments benefit from increased online traffic through Moneta’s unique marketing programs with financial institutions and non-profits. Moneta is a privately-held company headquartered in Atlanta, Ga. Visit www.monetacorp.com for enrollment and merchant information.