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Payveris LLC Announces Partnership With Moven

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WETHERSFIELD, Conn., Aug. 22, 2013 (GLOBE NEWSWIRE) -- Payveris LLC, a next generation online and mobile payments company that offers a full range of bill payment and interbank transfer solutions to banks and credit unions, announced that it will be providing bill payment services to Moven, the world's first real-time mobile money management service that lets consumers spend money from their mobile device and provides instant feedback on transactions and spending patterns.

"We are excited to be partnering with Moven. They're a market leader dedicated to helping people easily manage their personal financial economy from their mobile device," said Payveris President Fran Duggan. "Our services will be fully integrated with Moven's offerings and seamless for their customers."

The ability of Payveris' bill payment and money transfer services to work across multiple platforms (PC, tablets and phones) allows Moven to leverage the dramatic increase in the use of mobile phones for managing personal finances. According to the Pew Research Center, 32 percent of U.S. adults, or 35 percent of cell phone owners, bank using their mobile phones. This type of digital banking is on the rise. In 2011, only 18 percent of cell phone owners said they used their phone to check their balance or transact business with a bank.

"We are impressed with the ability of Payveris' bill pay applications to work within our unique prepaid card infrastructure and mobile platform," said Moven COO Ramy Serageldin. "Leveraging the Payveris API interface allows us to create an optimal user experience for our customers."

For more information or to schedule a demonstration of the Payveris ePayments platform, visit payveris.com or contact Payveris at 860-896-8350, info@payveris.com.

About Payveris LLC

Payveris is a next generation online and mobile payment company offering full service online bill pay and interbank transfer solutions for financial institutions and service providers. The company's cloud-based platform, advanced technologies and full suite of application program interfaces (APIs) allow partners and financial institutions to deliver a more integrated and customized solution at a lower cost. Payveris' innovative payment platform combined with its "white label" business model provides core processors, online banking providers and other providers of remote banking services a powerful solution for their financial services clients. Learn more at payveris.com.

About Movencorp Inc.

Moven is a mobile money management service that improves customers' financial lives by providing insight on their transactions and tracking their spending in real-time. Moven's mobile technologies personalize the banking experience. Through its innovative tools, such as the MoneyPulse™, MoneyPath™, mobile receipt with instant spending feedback and payment options through Facebook, mobile, or email, Moven helps people understand their money better and spend it smarter. Visit moven.com.

CONTACT: Fran Duggan, Payveris President 860-896-8350, info@payveris.com

Source: Payveris