ALTPAY Selected as One of 25 Presenters at the 2015 Florida Venture Capital Conference

MIAMI - Jan. 20, 2015 - PRLog -- ALTPAY, a startup mobile payment company that released its patent-pending technology six months before Apple Pay launched a similar system, has been selected as a presenter at the prestigious Florida Venture Capital Conference being held Jan. 29-30, 2015, at the Diplomat Resort & Spa in Hollywood, Fla.

“The Florida Venture Capital Conference is the ideal venue for us to look for strategic investors who can help expand our reach into target markets in the U.S. and Latin America,” said Victor Cook, managing partner of ALTPAY. “We are flattered to be selected to present at the Conference and look forward to educating its sophisticated audience about the mobile payment space and the growth potential of our products and services.”

Hosted by the nonprofit entrepreneurial support group Florida Venture Forum, the Florida Venture Capital Conference is the largest later stage venture capital/private equity conference of its kind in Florida. The 24th annual Florida Venture Capital Conference will showcase 20 to 25 high-growth Florida-based companies looking for capital in front of an audience of private equity and angel investors, venture capitalists and other industry professionals. Each company will have six minutes to make a presentation before the entire audience, followed by a four minute ‘Shark Tank’ style interview by local business professionals and investors. The event takes place from 8:30 a.m. Thursday, January 29, to Noon on Friday, January 30.

ALTPAY markets its mobile payment service in the United States to regional and mid-market retailers, including supermarkets, grocers, pharmacies and convenience stores. They will launch in Latin America in the first quarter of 2015.

One of ALTPAY’s target markets is retail customers without bank accounts. A recent FDIC study shows that one in 13 households in the United States, representing 9.6 million households, were unbanked in 2013. The same study shows another 20 percent of households, or nearly 25 million, with a bank account used financial services outside the banking system. ​

ALTPAY’s unique business model is based on a mobile payment software application integrated with the merchant’s point of sale and back office that uses a patent-pending one-time-use token tied to location and time. The technology, which replaces cash tender at the point of sale, does not require merchants to make hardware upgrades. It is easy to use and provides a direct channel of communication to the customer’s smartphone to deliver a targeted customer rewards program. The technology works with Android, Apple and Windows mobile smartphones.

ALTPAY (www.altpayusa.com) offers secure, cost effective mobile payment solutions to smartphone users and to retailers who want to connect with their customers, respond instantly to their needs and offer loyalty programs. The technology works with Android, Apple and Windows mobile smartphones.

More than 750 attendees are expected to attend the 2015 Florida Venture Capital Conference, where they will learn from and network with thought-leaders and decision-makers from Florida’s top companies and service providers. For more information, visit www.flventure.org.