| New mobile payment service eschews cash and checks for phones
Mpayy Inc., an online and mobile payment processing company, will launch tomorrow a service that enables merchants and shoppers to conduct retail transactions using mobile phones and online payment accounts. Shoppers can use the Mpayy service with roving salespersons or on retail web sites. Merchants set up accounts on Mpayy.com to establish a mobile payment system. Mobile merchantsMpayy is not yet targeting bricks-and-mortar retailerscan access reports on sales, send funds to desired banks, manage refunds and perform other tasks through a web-enabled administrative application. Shoppers set up accounts on the Mpayy site, entering their mobile phone number, account nickname, and checking account information. To conduct a transaction with a roving merchantan Avon lady, for examplea shopper logs in to Mpayys mobile web site and enters the merchants mobile phone number or nickname, enters the amount of the purchase, and submits the information, which brings up a transaction confirmation page with a Pay button to complete the purchase.
Gary Dillard named WRECC president
Warren Rural Electric Cooperative Corp. announced last week that Gary K. Dillard will assume the position of president and CEO of Warren RECC on March 15. Dillard replaces Gerald W. Hayes, who will retire after 40 years with the company.Dillard joined the cooperative in 1998 and has served as vice president of member and affiliated services since 2002."The board of directors is confident that we made the right decision in choosing Gary," said Warren RECC board chairman Joe Neely in a press release. "His leadership, dedication and commitment to Warren RECC and its members made him the clear choice to lead the cooperative into the next phase of our history."Officials attend event hosted by chamberThe Bowling Green Area Chamber of Commerce hosted a trip to Frankfort last week for South Central Kentucky Night, an event in which local partners had the opportunity to network with state legislators and representatives.The chamber hosted the reception Jan.
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