New Media Insight Group Introduces mCards Cloud Payments

PHOENIX, Feb. 13, 2014 /PRNewswire/ -- New Media Insight Group, Inc. ("New Media" or "the Company") (NMED), a leader in mobile payments, announced today the Company has launched its mCard Cloud Payments solution in the United States. mCard Cloud Payments allow merchants to accept payments from a consumer's mobile, mCard wallet on any wireless or Internet connected device. Consumers click "send payment" and the merchant clicks "accept" on their iPod Touch, iPhone, Android, iPad, Tablet, Mac, PC or Laptop. mCard Cloud Payments allow retailers to accept payments from anywhere in their store. A restaurant server could accept the payment at the diner's table or a clothes vendor or salon could accept a payment in any department in their store.

"mCard Cloud Payments reduce merchant transaction fees to 0.5%, compared to typical credit card processing fees, in which the average the transaction price is approximately 2.75%," stated Michael Palethorpe, CEO of New Media Insight Group. "The savings, security and convenience aspects of mCards and Cloud Payments will provide extraordinary benefits to both customers and merchants over more traditional payment solutions."

mCard Cloud Payments also allow anyone to be set up to receive payments from a person's wireless device on any wireless or Internet connected device. This allows vendors at unconnected venues to be set up to accept payments digitally.

Merchants can find out more about mCards, Cloud Payments and other New Media Insight Group solutions at: http://www.newmediainsights.com

About New Media Insight Group, Inc.

New Media Insight Group, Inc. (OTCBB: NMED) is an innovative mobile payments company. New Media Insight recently launched mCards, a system that allows merchants to accept mobile payments without any additional hardware other than an existing terminal that takes MasterCard. New Media Insight is employing a grassroots strategy to increase mCards adoption, focusing its efforts on building alliances with non-profits that already have strong relationships with merchants.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to any future sales of mCARDS, the features and security related to the mCARDS, any benefits that mCARDS may provide to medium and small businesses, and the company developing, acquiring and scaling solutions that monetize social and mobile media more effectively than traditional advertising.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Investor Contacts:
KCSA Strategic Communications
Phil Carlson / Brad Nelson
212-896-1233 / 1217
[email protected] / [email protected] 

SOURCE New Media Insight Group, Inc.

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