Payfone Logistical Development Group Seeks Non-Provisional Patent For Its Mobile Payment System

NEW YORK - Sept. 14, 2013 - PRLog -- Payfone Logistical Development Group announced that it is seeking a non-provisional patent for its currently provisional patented Payfone Mobile Payment System. Frank Carnesi, one of the two co- founders of the Group, stated that "the timing is right to convert to our patent pending System to a full non-provisional patent. Since the Payfone System's introduction three months ago, we have had serious interest from among many of the larger players in the domestic mobile payment field".

The Payfone Mobile Payment System is uniquely geared toward small business, operates both over the phone and at point-of-sale, works to effectively curtail credit card fraud and incorporates text marketing principles. "Ours is an innovative platform uniquely designed to bring secure mobile payment and mobile marketing capabilities to small businesses everywhere" claims Mr. Carnesi. The System has been designed to be intuitive and therefore, easy to use.

The Payfone Logistical Development Group recently executed a Strategic Alliance Agreement with Monkeetech, LLC, a developer in the field of credit card fraud prevention and text messaging marketing. Together, these two companies now control four provisional patents, which protect the patent pending status of this unique Payfone Mobile Payment System.

Thomas Quercia, co-author of the Payfone Mobile Payment System believes that the Payfone System goes well beyond the capabilities of the leading "Wallet" systems and is destined to become a game changer in the industry. "We designed the Payfone Mobile Payment System for the way small business work everyday. The System can be incorporated into any business in a matter of hours and requires no special or technical training".

The Payfone Logistical Group, with the assistance of Monkeetech, LLC, expect to launch their Mobile Payment System within the next 90 days. Inquiries on the operation of the System can be directed to http://Monkeetech.com.