BillFloat's SmartPay Expands Pilot Program to RadioShack

           BillFloat's SmartPay Expands Pilot Program to RadioShack

SmartPay Helps Consumers Afford Smartphones with Instant Financing Outside
Wireless Contracts

PR Newswire

LAS VEGAS, May 22, 2013

LAS VEGAS, May 22, 2013 /PRNewswire/ --BillFloat, Inc., a leading innovator
in consumer credit delivery, today announced it is piloting its SmartPay
instant financing option with new partner RadioShack (NYSE:RSH), providing
even more customers access to this innovative payment option in select stores
in Houston. The SmartPay option allows customers to obtain a smartphone and
pay for it monthly through an in-store lease-to-own-option, one of the first
in the industry. BillFloat is introducing SmartPay to the broader wireless
industry by exhibiting at the premier mobile communication industry
conference, CTIA 2013, at booth #3521.

Wireless industry trends reflect a movement away from carriers subsidizing
smartphones through fixed long-term contracts and toward outright purchase or
separate financing for the device. This shift offers consumers more
flexibility to move between carriers if needed, more upgrades to the latest
smart devices, and more payment options to afford high-value mobile devices.
Using SmartPay, consumers can save up to 30 percent on a smartphone compared
to a two-year contract with a wireless carrier.

"The pilot program at RadioShack, brings recognition to SmartPay, which in
turn will help consumers upgrade their phones and drive revenues for
retailers," said Ken Pedotto, SmartPay General Manager at BillFloat.
"SmartPay's approach is going to transform how the industry looks at financing
smartphones. Here at the CTIA conference, that message of innovation resonates
among mobile industry leaders and thinkers."

SmartPay leverages a real-time, proprietary decision-making platform that
works in-store or online to help expedite leasing delivery to consumers.
Immediate underwriting decisions allow approved consumers to go home with
smartphones the same day they need them. The new SmartPay partners add
continued traction to current agreements with MetroPCS, Virgin Mobile and
CSpire. Since launching in September of last year, SmartPay volume has
increased 1,946 percent.

About BillFloat, Inc.

BillFloat's More-Time-To-Pay (MTP) platform (www.moretime2pay.com) connects
lenders with retailers and service providers to provide instant financing
solutions for consumers and small businesses. The MTP platform delivers these
instant financing solutions online, in-store and via mobile. BillFloat, based
in San Francisco, was founded in 2009 by a team of experienced financial
services entrepreneurs with backing from leading venture capital firms.

Contact: Ryan Smith
Phone: 714-918-8231
Email: rsmith@golinharris.com

SOURCE BillFloat, Inc.