ENGLEWOOD CLIFFS, N.J., October 15, 2003 – CNBC (Subsidiary of General Electric Co. (NYSE:GE)) the recognized global leader in business news announced today that it will be providing FreedomPay © cashless payment and loyalty solutions at CNBC’s global headquarters in Englewood Cliffs, New Jersey.
“FreedomPay revolutionizes how consumers pay for products and services”, stated Bob Meyers, General Manager of CNBC. “We constantly strive to provide innovative ways to improve our employee’s environment and FreedomPay provides the most advanced technology for a payment that is quick, convenient and secure.”
Employee dining facilities will now offer FreedomPay’s “tap and go” cashless payment and loyalty solution as well as CNBC’s employee commuter bus fleet. CNBC joins a growing list of leading Fortune 1000 corporations, universities, healthcare facilities, the Government and Military who are experiencing the benefits of cashless retail environments.
“Cashless payments, in particular tap and go solutions has emerged as one of the fastest growing segments of electronic payments” says Tom Durovsik, CEO of FreedomPay.
About FreedomPay, Inc.
FreedomPay, Inc. is the world leader in business process outsourcing (BPO) to the nation’s largest hospitality food service providers, Fortune 1000 corporations, healthcare facilities, universities, sports and entertainment, and the military delivering a global infrastructure for world class payment, loyalty and settlement services.