September 25, 2016 9:48 AM ET

Internet Software and Services

Company Overview of PayEase, Inc.

Company Overview

PayEase, Inc. provides payment service platform. It offers mobile payments via SMS, Internet banking, call centers, and point of sales terminals. The company serves media, travel, TV shopping, Internet shopping, insurance, and mobile carrier industries; and online game operators in the United States. PayEase, Inc. was formerly known as W-Phone, Inc. The company was founded in 1997 and is headquartered in Santa Clara, California with additional offices worldwide. As of December 31, 2014, PayEase, Inc. operates as a subsidiary of Mozido, LLC.

2332-A Walsh Avenue

Santa Clara, CA 95051

United States

Founded in 1997

Phone:

408-567-9300

Fax:

408-567-9370

Key Executives for PayEase, Inc.

Chief Executive Officer and Director
President
Age: 74
Chief Financial Controller
Chief Operation Officer
Chief Executive Officer of Direct Marketing
Age: 57
Compensation as of Fiscal Year 2016.

PayEase, Inc. Key Developments

PayEase Launches TradeEase

Mozido announced that PayEase has launched TradeEase - a new platform that will enable the first-ever cross-border B2C e-commerce payments between China and Russia. Merchants in both China and Russia will be using the platform, with an expected 200 Chinese online shops participating at the time of launch and 800 by the end of 2015. More than 100,000 consumers in Russia are expected to be active on the platform during the first three months, reaching one million active users after one year. The TradeEase platform brings unprecedented convenience to e-commerce consumers and merchants in Russia through a payments platform that is localized and customizable for merchants for an overall cost effective, more efficient way to buy and sell goods across borders, saving consumers both time and money. The platform enables merchants in China to sell through e-commerce sites to consumers in Russia who pay using local credit cards, debit cards or bank accounts while merchants in Russia can sell through e-commerce sites to consumers in China. An offline-to-online (O2O) capability will provide a physical location where consumers in China can shop items from Russian merchants and purchase through the TradeEase platform, and likewise for consumers in Russia to shop for and purchase Chinese goods.

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