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Spindle Enhances Patented Processing Platform with eCommerce Solution

Resellers Can Now Offer eCommerce Merchants a Seamless Payment Solution

Scottsdale, AZ - (ACCESSWIRE 9/10/2013 8:30:00 AM) - Spindle, Inc., (SPDL), (http://www.spindlehq.com/), a leading provider of mobile commerce solutions, announced it has expanded its payment processing services to include the immediate boarding of eCommerce merchants. As a result, Spindle's innovative Payment Service Provider (PSP) platform is able to accept online payments in addition to mobile payments through credit card swipe. The eCommerce functionality is incorporated into Spindle's mobile marketing and payments platform, which facilitates a rich assortment of integrated location-based marketing services, including customer acquisition content and retention-oriented loyalty programs that are fully customizable by the merchant.

The addition of eCommerce to its PSP offering extends Spindle's powerful POS (Point-Of-Sale) and mobile marketing services to a new audience, potentially increasing the company's customer base as it delivers its integrated payments platform to web-based merchants.

Spindle's eCommerce service will be marketed through the company's existing network of reseller agents, which include merchant acquirers, independent sales agents (ISO's), and financial institutions. Additionally, Spindle is currently accepting applications from resellers who wish to expand their current services by integrating secure eCommerce and mobile payment processing solutions into their current portfolios.

"The addition of eCommerce to our patented PSP platform is an important evolution of our services," said Bill Clark, chief executive officer at Spindle. "Our goal is to offer merchants a single solution comprised of the latest mobile technology for customer acquisition, retention, and payment processing through our merchant portal for both brick and mortar and online merchants. We will continue to grow Spindle's overall value proposition as a mobile commerce leader by incorporating fresh features and functionality via our merchant portal and developer toolbox, while continuing to build a more comprehensive, industrious marketing and payment processing experience for merchants. We welcome the opportunity to bring eCommerce agents into the fold, and empower them to offer essential services such as instant underwriting and boarding to their merchant customers."

About Spindle, Inc.

Spindle is an innovator of mobile commerce solutions for financial services providers and consumer-facing merchants of all sizes. Spindle is focused on pioneering new ways for businesses to rapidly integrate mobile payments acceptance and mobile marketing services while empowering location-based merchant discovery, fulfillment and frictionless mobile payments for consumers. Spindle is dedicated to expanding beyond traditional electronic payment boundaries by offering cutting-edge solutions that allow clients, partners, merchants and consumers to take full advantage of the rapidly emerging mobile economy. Spindle has an extensive proprietary intellectual property portfolio which include patents pending that encompass networks, mobile payments, and security. For more information, visit http://www.spindlehq.com/.

Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.


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Parallel Communications Group



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LR Advisors, Inc.



SOURCE: Spindle, Inc.