Xcellink International Inc. commented on the growing marketplace for its technology as it develops its applications to interface with various smart phones. These include Apple's iPhone and Research in Motion's BlackBerry, and development contracts with companies such as the 3i Infotech Group of Companies, which includes Regulus Group, one of North America's largest payment processors. According to TowerGroup, a financial research company, it is projected that mobile banking users in the USA will quintuple in the next four years, going from 10 million active users this year to more than 53 million in 2013.
A Company spokesperson for Xcellink noted, "Despite economic concerns, research is showing that consumers are wishing to manage their finances more closely and their desire for real-time access and control of their fiscal information is increasing the demand for mobile payments' technologies. The growth of mobile devices symbolizes an emerging, techno-savvy consumer market, revolutionizing many aspects of the consumer lifestyle, including mobile payments. And according to Mercator Advisory Group, more and more online storefronts are looking to increase their channel sales using mobile applications as a way to increase their reach and fuel growth as the economy moves out of recession. This provides Xcellink with an excellent base to promote its technology, both locally and globally as demand rises."
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About Xcellink
Xcellink International Inc. is a developer of advanced platform-independent customer-centric payment systems and methodologies. Xcellink's patented system has the technical ability to replace all credit, debit, charge and smart cards, providing all functions of order, warehousing, delivery and payment for all types of goods and services in a customer-centric manner that is more efficient, economical, and secure than systems operating today. Xcellink's unique process enables customers, rather than the merchant, to initiate, control and pay for all transactions, without the need for credit cards, in real-time anywhere, anytime, and at a fraction of the cost of current transactions.
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