Press Releases

CARDFREE® Selected as a 2016 Red Herring Top 100 North America Winner
June 14, 2016
CARDFREE® Wins Best Mobile Startup in the Mobile Excellence Awards
February 02, 2016

SAN FRANCISCO, December 7, 2015 – CARDFREE®, the leading mobile commerce provider to large merchants, announced that it is the mobile application platform provider enabling Dunkin' Donuts' new On-the-Go Ordering app that is currently being tested in Portland, Maine. The company was selected by Dunkin' Donuts to provide the mobile ordering application solution to make it easier and more convenient for members of the brand's DD Perks® Rewards Program to place an order from their mobile phone.

With more than 15 million downloads and over 3.6 million members in the DD Perks® Rewards Program, Dunkin' Donuts' Mobile App is one of the most successful merchant applications to date. The new DD On-the-Go Ordering Portland app will include the ability to order and pay ahead and will personalize the consumer experience based on location, individual preferences and more.

"We are always listening to our guests and evolving to meet their changing needs, and we are excited to test On-the-Go Ordering in Portland, Maine," said Scott Hudler, vice president of Global Consumer Engagement for Dunkin' Donuts. "It was critical for us to select the right partner to help us create a best-in-class mobile ordering application that provides a great guest experience. CARDFREE™ provides great efficiency in having backend services, as well as front-end development and a team that is unparalleled in the QSR space."

"Dunkin' Donuts is an iconic American brand with a very large, loyal consumer base," commented Jon Squire, founder and chief executive officer of CARDFREE™. "More importantly, Dunkin's leadership has embraced the new mobile frontier like no other so we're certain that together we can leapfrog competitors and set the bar for customer engagement now and in the future. They are the ideal customer to benefit from our integrated commerce platform because they have a high frequency, on-the-go consumer that wants apps to be smarter and faster, while providing more utility than ever before."

Dunkin' Donuts has more than 11,300 locations in nearly 60 countries.

About CARDFREE™

From the team that deployed the three largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through to the POS. Our award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless. Customers include Taco Bell, Sonic Drive-In and Checkers/Rally's.

For more information, visit www.CARDFREE.com or contact press@CARDFREE.com.

SAN FRANCISCO, March 5, 2015 – CARDFREE®, the leading mobile commerce provider to large merchants, announced that it has entered into an exclusive agreement to use Bluedot Innovation's revolutionary location services technology in restaurants in the U.S.

Bluedot Innovation is enabling a new generation of location-based commerce through its cutting-edge technology that delivers 20x the precision of competing products. It offers the maximum achievable precision of GPS but without the battery drain usually experienced or the need for new hardware, such as beacons or sensors. As a result, Bluedot Innovation enables location-based triggers so consumers may receive an offer, submit an order, enable a mobile payment or any number of services automatically based on their proximity to the entrance or drive-thru.

CARDFREE™'s award-winning mobile commerce platform provides full customer lifecycle capabilities, including smart offers, gifting, order-ahead, stored value, payments, loyalty and rich data analytics. Built to accommodate large-scale deployments, the platform has been selected by numerous top 50 quick service restaurants ("QSRs") and is currently expanding to other restaurant categories and verticals including grocery and convenience stores.

"We are happy to answer the overwhelming merchant interest in location-based marketing by presenting our customers with an exclusive technology that is more accurate and seamless than current solutions in market," explained Jon Squire, founder and chief executive officer of CARDFREE™. "Though we enable beacons as well as other approaches, we are extremely excited to offer our customers Bluedot's cutting-edge alternative that addresses the need for easy, precise and cost-effective location-services. We'll offer these services as stand-alone solutions as well as integrated with our platform components."

"CARDFREE™ is the clear mobile commerce leader with QSRs and we're excited to partner with them to deliver some truly innovative services to the market,' commented Emil Davityan, cofounder of Bluedot Innovation. "By combining our breakthrough technology with CARDFREE™'s industry-leading platform, restaurants can improve the overall experience for their customers by interacting with them at precisely the time and place that's most relevant. The partnership between Bluedot Innovation and CARDFREE™ will deliver some of the most creative and game changing location services solutions available for merchants to date."

In addition to servicing restaurants in the US, CARDFREE™ and Bluedot Innovation also plan to partner in international markets later this year.

About CARDFREE™

From the team that deployed the three largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through to the POS. Our award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, smart offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless. Customers include Taco Bell, Sonic Drive-In and Checkers/Rally's.

For more information, visit www.cardfree.com or contact press@cardfree.com.

About Bluedot Innovation

Bluedot Innovation is a leader in high precision location services technology for mobile. It powers advanced location-aware apps that take advantage of unprecedented precision, while minimizing the battery drain on their customer's smartphone. It delivers this performance without the need for additional hardware or infrastructure, making the technology highly scalable and cost effective. Bluedot Innovation is also setting a new standard in protecting the privacy of endusers. Unlike most other location services providers, it doesn't track or collect any personal information about end-users.

For more information, visit www.bluedotinnovation.com or contact enquiries@bluedotinnovation.com.

SAN FRANCISCO, February 16, 2015 – CARDFREE®, the leading mobile commerce provider to large merchants, announced that it has reached over two million consumers on its platform and has signed a top international retailer.

CARDFREE™'s award-winning mobile commerce platform provides full customer lifecycle capabilities, including smart offers, gifting, order-ahead, stored value, payments, loyalty and rich data analytics. Built to accommodate large-scale deployments, the platform has been selected by numerous top 50 quick service restaurants ("QSRs") and is currently expanding to other restaurant categories and verticals including grocery and convenience stores.

"With our team's pedigree in the QSR space, we've been able to gain the largest competitive market share with top-50 QSRs in relatively short order," explained Jon Squire, founder and chief executive officer of CARDFREE™. "We're excited to add international markets into the mix and to broaden our reach to other high volume verticals such as convenience and grocery. Our platform was built to address the needs of large merchants across different industries and we're pleased to see market demand for our integrated services across the board."

CARDFREE™'s current customers reach over 82 million consumers weekly and have over 20,000 locations nationwide.

About CARDFREE™

From the team that deployed the two largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Sharing a track record of bringing innovative solutions to market, our team has a unique 360-degree perspective coming from large merchants, mobile, financial services and payments.

CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through to the POS. Our award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless.

For more information, visit www.cardfree.com or contact press@cardfree.com.

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Dunkin' Donuts Selects CARDFREE® As The Mobile Platform

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Dunkin' Donuts testing 'on-the-go' ordering app in Portland

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CARDFREE® Partners with Bluedot Innovation to Bring Location based Commerce Services to Restaurants in U.S.

March 7, 2015

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CARDFREE® to equip US restaurants with mobile offers

March 6, 2015

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CARDFREE® Targets Merchant Wallet Customer Efficiency

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CARDFREE® shortlisted for GSM Award for Best Use of Mobile for Retail, Brands & Commerce

February, 2015

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CARDFREE® Completes its Next Generation Order-Ahead Product
December 02, 2014

Signs Patent License with Ameranth. – for its Patented 21st Century Communications™ Web/Wireless Data Synchronization Inventions

SAN FRANCISCO, December 2, 2014 – CARDFREE™ Inc. (CARDFREE™) of San Francisco, California, (www.cardfree.com) announced its next generation order-ahead product and also that it has signed a patent license with Ameranth Inc, of San Diego. CARDFREE™ is the leading mobile commerce provider to merchants, with many of the world's largest restaurant chains as customers. This new patent license enables CARDFREE™ to provide its exceptional online/mobile ordering solutions within the US - for restaurants and other verticals. CARDFREE™'s award-winning platform provides full commerce capabilities including cross-channel CRM, loyalty, payments and now its next generation order-ahead solution.

"Order-ahead has become one of the 'must haves' for many merchants but the last generation platforms weren't built for mobile and had too many constraints to fulfill our customers' needs. We're excited to launch our next generation order-ahead product with a top-ten QSR in the next few months. We are also pleased to be able to include a license for Ameranth's patents for online/mobile ordering integrated into our cross-channel commerce solutions and to offer very advantageous licensing rates for our customers," said Jon Squire, chief executive officer and founder of CARDFREE™.

Ameranth's pioneering web/wireless data synchronization inventions have been patented, (U.S. Patent Nos. 6,384,850; 6,871,325; 6,982,733, 8,146,077 - with three additional patents pending), have been widely adopted and deployed, and are now essential to the modern wireless/web hospitality enterprise. The explosive growth of the use of smart phones, social/affinity group networking, wireless networks and related technologies now make the use and licensing of Ameranth's patents essential to achieve a totally synchronized system, i.e., the 21St Century Communications™ system invented in 1998 by Ameranth's visionary inventors.

"CARDFREE™ is a true innovator - as has been confirmed by its selection by many of the largest and most respected restaurant brands in the hospitality industry. We are very pleased that they have decided to respect our patents, while others willfully infringe them. This patent license affords CARDFREE™, their partners and their customers full patent coverage and protection in online/mobile ordering and Ameranth has provided and will support very favorable licenses for it and its customers" stated Vern Yates, Ameranth's Chairman and Chief Executive Officer.

About CARDFREE™

From the team that deployed the three largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through to the POS. Our award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless. Customers include Taco Bell, Sonic Drive-In and Checkers/Rally's.

For more information, visit www.cardfree.com or contact press@cardfree.com.

About Ameranth, Inc.

Ameranth,Inc. (http://www.ameranth.com) is a recognized leader in the hospitality technology market, having been featured in the Wall Street Journal, New York Times, Chicago Sun Times, USA Today, Business Week, US News & World Report, Nation's Restaurant News, Hospitality Technology, TIME, CNNfn, San Diego Union Tribune, and numerous other prestigious publications. Ameranth has also been awarded or participated in twelve technology/"best product" awards.

Tel: (888) AMERANTH Fax: (858) 362-0151- (www.ameranth.com)

CARDFREE® Partners with Taco Bell® For New Mobile Commerce Application
October 28, 2014

SAN FRANCISCO, October 28, 2014 – CARDFREE™, the leading mobile commerce provider to large merchants, announced that it is the mobile application platform provider enabling Taco Bell’s® new mobile offering launched nationwide today. The company was selected by Taco Bell to provide the new mobile ordering application solution, as well as to provide cross-channel CRM solutions.

"We are excited to bring our ground breaking mobile application to life," explained Greg Fancher, Taco Bell’s Chief Information Officer. "We needed the right mobile platform partner to help us create a mobile application that not only provides an extraordinary experience for our audience but is also best in class technologically."

CARDFREE™’s award-winning mobile commerce platform provides full customer lifecycle capabilities, including smart offers, gifting, order-ahead, stored value, payments, loyalty and rich data analytics. Built to accommodate large-scale deployments, the platform has been selected by numerous top 50 quick service restaurants ("QSR") and is currently expanding to other verticals including grocery and convenience stores.

"Taco Bell is not only one of the largest QSRs in the country, they are one of the savviest marketers out there," commented Jon Squire, founder and chief executive officer of CARDFREE™. "We are extremely proud to be working with them on what is bound to be a game changer for the industry. The Taco Bell mobile app is truly one of a kind and a great example of CARDFREE™’s goal to keep raising the bar in mobile commerce."

About CARDFREE™

From the team that deployed the two largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Sharing a track record of bringing innovative solutions to market, our team has a unique 360-degree perspective coming from large merchants, mobile, financial services and payments.

CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through to the POS. Our award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless.

For more information, visit www.cardfree.com or contact press@cardfree.com.

CARDFREE® and XPIENT Solutions Partner for Omni-Channel Services for Restaurants
July 16, 2014

SAN FRANCISCO, July 16, 2014 – CARDFREE™, the leading mobile commerce provider to large merchants, today announced its partnership with XPIENT Solutions, a leading point of sale and technology provider used by 17 of the top 50 QSR brands. Together, the companies will offer truly omni-channel, end-to-end services for restaurants from CRM and loyalty to order-ahead, payments, stored value, and back office solutions. The companies are partnering to expand their joint customer base and footprint into international markets.

CARDFREE™'s award-winning mobile commerce platform provides full customer lifecycle capabilities, including smart offers, gifting, order-ahead, stored value, payments, and loyalty. XPIENT provides the most advanced restaurant commerce technology, including the groundbreaking cloud-based XPIENT Commerce platform, the IRIS Enterprise Point of Sale and Production system, complemented by a series of local transaction management solutions in the industry while being hardware and software agnostic. The companies currently share common customers and see even more potential ahead with this partnership.

"Traditionally, integration to restaurant commerce technology, especially, point of sale systems are quite a hurdle in mobile commerce deployments," commented Jon Squire, founder and chief executive officer of CARDFREE™," with XPIENT and their cloud-based Commerce Engine which provides immediate and seamless access to the POS, this is as easy as it can get, allowing us to quickly deploy our full suite of services. We are continually being asked for guidance on POS providers that can help lessen friction and aid expansion for global companies; XPIENT provides this without the need to replace costly hardware or complex and expensive software deployments. Adding this to our arsenal will remove hurdles for our partners and meet mPOS needs in the future. The point of sale should facilitate an ongoing dialogue with the consumer and this integration will allow for that real time communication."

"The restaurant industry is clearly responding to customers' expectations for technology enabling omni-channel interaction with restaurants, leveraging everything available to them. To be competitive, restaurants need to have a seamless solution that uses the same business logic in mobile, online, or in store, and that's exactly what this partnership is about," said Christopher Sebes, chief executive officer of XPIENT. "Our Company powers some of the most recognized quick service and fast casual restaurants in the industry and we've never seen such a rapid shift and demand for new consumer-oriented services. We're excited to partner with CARDFREE™ to provide leading omni-channel solutions."

About XPIENT Solutions, LLC

XPIENT Solutions is an organization of highly qualified restaurant and software development specialists devoted to business process improvement and professional support services for the foodservice industry. XPIENT offers a full complement of integrated technologies including Point-of-Sale, Back Office and Enterprise Management. From applications that help efficiently take orders and improve kitchen throughput, to labor management, production prep, inventory control, customer loyalty, speed of service, surveillance enhancement and data management tools, XPIENT's solution suite allows the restaurant operator to better and more easily manage every aspect of their restaurant operations.

About CARDFREE™

From the team that deployed the two largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Sharing a track record of bringing innovative solutions to market, our team has a unique 360-degree perspective coming from large merchants, mobile, financial services and payments.

CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through POS. Our award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless. Customers include Taco Bell, Sonic Drive-In and Checkers/Rally's.

For more information, visit www.cardfree.com or contact press@cardfree.com.

CARDFREE® Teams Up with Mercury to Deliver End-to-End Mobile Commerce Solution to Merchants of All Sizes
March 05, 2014

SAN FRANCISCO, March 5, 2014 – CARDFREE™, the leading mobile commerce provider to large merchants, today announced its collaboration with Mercury Payment Systems, an award-winning payments technology provider. CARDFREE™ focuses on providing integrated mobile commerce and loyalty solutions for restaurants and retail stores that help large merchants engage consumers based on individual behaviors and preferences. The company's award-winning platform provides end-to-end commerce capabilities, including smart offers, gifting, payments and loyalty. With this integration with Mercury, CARDFREE™ will be able to bundle core payment processing and merchant acquiring with their current suite of services.

"Mercury's products and services provide a perfect complement to our business," commented Jon Squire, founder and chief executive officer of CARDFREE™. "CARDFREE™ customers will also be able to consolidate disparate franchisee systems onto common rails and receive reliable, secure and affordable payment processing."

"Competition for consumer dollars is high, making it even more important to provide your customers with an engaging commerce experiences that makes them want to return," said Randy Clark, senior vice president of marketing at Mercury. "By teaming up with CARDFREE™, we're able to offer merchants mobile and loyalty solutions that can help them grow their businesses."

About CARDFREE™

From the team that deployed the two largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Sharing a track record of bringing innovative solutions to market, our team has a unique 360-degree perspective coming from large merchants, mobile, financial services and payments

CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through POS. Our award-winning platform provides end-to-end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless. Customers include Taco Bell, Sonic Drive-In and Checkers/Rally's.

CARDFREE™ is headquartered in San Francisco. For more information, visit www.cardfree.com or contact press@cardfree.com.

CARDFREE® Assigned Patent for Reservation and Payment System for Restaurants and Other Merchants
February 12, 2014

SAN FRANCISCO, February 12, 2014 – CARDFREE™, the leading mobile commerce provider to large merchants, announced today that it has been assigned a patent (U.S. Patent No, 8,622,292) granted to investor Jeffrey Katz. The patent includes an integrated reservation, payment pre-authorization and management system that can be tied to a merchant's point of sale (POS).

"I'm pleased to add this patent to CARDFREE™'s patent portfolio," commented Jeffrey Katz, founder of Mercury Payments and sole investor in CARDFREE™'s $10 million Series A financing. "CARDFREE™'s platform integrates mobile and online commerce capabilities through to the POS so this patent is a natural complement to their offerings. Reservation management coupled with pre-authorization for payment can expedite overall transaction time at the merchant location and allow for secure, cardless transactions. Many merchant types can benefit from the convenience and additional services included in this system."

CARDFREE™ provides integrated commerce solutions that enable merchants to engage consumers based on individual behaviors and preferences. The company's award-winning platform provides robust CRM tools including informed offers, payments and loyalty. Current customers include three top 50 quick serve restaurants (QSRs) that collectively reach over 59 million consumers each week.

"Our first year was focused on partnering with large QSRs who embraced the opportunities that our integrated mobile solutions offered, which we achieved. With this patent, we are now primed to take on fast casual and other restaurant segments as well as any merchants that use reservations," said Jon Squire, founder and chief executive officer of CARDFREE™. "Reservations paired with our Stored Value Solution provide our partners with a unique combination of speed, accuracy, data and tender preference that fill a vacuum in the space."

CARDFREE™ has also filed a patent for its Next Generation Stored Value Solution, which is built specifically for mobile and digital consumption and integrates offers, loyalty and various currencies seamlessly for merchant transaction processing.

About CARDFREE™

From the team that deployed the two largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Sharing a track record of bringing innovative solutions to market, our team has a unique 360-degree perspective coming from large merchants, mobile, financial services and payments.

CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through POS. Our award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless. Customers include Taco Bell, Sonic Drive-In and Checkers/Rally's.

CARDFREE™ is headquartered in San Francisco, with portfolio companies in Boston, Denver and Atlanta. For more information, visit www.cardfree.com or contact press@cardfree.com.

Checkers®/Rally's® Selects CARDFREE's Merchant Commerce Platform to Launch 1st End-to-End Digital Solution
October 15, 2013

SAN FRANCISCO, October 15, 2013 – CARDFREE™ the leading mobile commerce provider to large merchants, announced today that Checkers/Rally’s will leverage its full commerce platform to provide consumers with a complete mobile experience. With almost 800 locations across the United States, Checkers/Rally’s is the largest double drive thru restaurant chain in the country. Checkers/Rally’s will be the first QSR to use mobile to lead key consumer initiatives such as CRM, loyalty and stored value. The CARDFREE™ merchant commerce platform will enable Checkers/Rally’s to tie all programs together with mobile acting as a common thread. The platform gives merchants a comprehensive view of their customers that traditional programs have been unable to do.

By leveraging the data tied to a user's master account, CARDFREE™ gives merchants the ability to engage customers based on individual behaviors and preferences. In addition to powering smart offers, gifting, and true surprise and delight rewards, CARDFREE™ also provides a digital stored value solution that's optimized for mobile. Checkers/Rally's will be the first customer to launch CARDFREE™'s stored value product.

"Checkers/Rally's is known for its bold spirit, which carries through to their approach to mobile," said Jon Squire, founder and chief executive officer of CARDFREE™. "They are the first merchant we know of who is using mobile to lead customer engagement initiatives. Because they are unencumbered by legacy systems, Checkers/Rally's will have what all smart marketers want – an accurate view of who their customers are, drivers of their behavior and powerful tools to influence future behavior such as tender preference."

"The CARDFREE™ team brings unparalleled experience in launching successful mobile commerce programs, and they offered a fully integrated platform that will make deploying easier for our franchisees," said Terri Snyder, chief marketing officer of Checkers/Rally's. "We were looking for a one-stop solution and CARDFREE ™stood out for its depth of platform and thought leadership. This technology allows us to leapfrog our competitors and provide real-time value to our customers."

The Checkers/Rally's mobile application will launch in early 2014.

About CHECKERS/RALLY'S

Checkers Drive-In Restaurants, Inc. is the largest double drive-thru restaurant chain in the United States. The company develops, owns, operates and franchises both Checkers® and Rally's® restaurants. Based in Tampa, Fla., it has almost 800 restaurants open across the U.S. In recent years, the brand has been awarded several of the industry's most prestigious awards including: "Best Drive-Thru in America" by QSR Magazine and the "Hot! Again Award" from Nation's Restaurant News. For more information about Checkers, please visit www.checkers.com.

About CARDFREE™

From the team that deployed the two largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Sharing a track record of bringing innovative solutions to market, our team has a unique 360-degree perspective coming from large merchants, mobile, financial services and payments.

CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through POS. Our award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless.

CARDFREE™ is headquartered in San Francisco, with portfolio companies in Boston, Denver and Atlanta. For more information, visit www.cardfree.com or contact press@cardfree.com.

CARDFREE® Selected by SONIC® Drive-In to Power Mobile Commerce Solution
October 02, 2013

SAN FRANCISCO, October 2, 2013 – Today CARDFREE™ announced that it has been selected by SONIC® Drive-In (NASDAQ: SONIC) as its mobile commerce platform. SONIC is the nation's largest chain of drive-in restaurants with more than 3,500 drive-ins serving approximately 3 million customers every day. CARDFREE™ is partnering with SONIC to create a unique mobile experience for SONIC customers, which will provide key standalone features as well as an integrated experience at SONIC locations. The SONIC mobile solution will be piloted later this year with expected system-wide deployment in 2014.

CARDFREE™'s award-winning commerce platform was designed to help merchants drive incremental visits, larger ticket size, tender preference and more meaningful consumer engagements. The company's founding team members identified a gap in the market for a merchant-centric, omni-channel commerce platform and launched the company nine months ago to serve the large merchant market. Since its launch, CARDFREE™ has been selected by a handful of top-tier merchants, awarded the 2013 New Product Innovation Award by Frost & Sullivan and recently selected as a "Fierce 15" company by Fierce Wireless.

"We selected CARDFREE™ because their team is unmatched for their experience in deploying national mobile solutions and their platform was the most robust in the marketplace," said Craig Miller, chief information officer for Sonic Corp. "We're looking forward to launching an industry-changing, and uniquely integrated, mobile solution that will enhance the way we engage with our customers."

"SONIC is the most differentiated brand in the QSR space and we are thrilled to be working with their team on a mobile experience that is unique to their brand," commented Jon Squire, ceo of CARDFREE™. "Our early success is a direct reflection of the incredible pool of talented, seasoned professionals we've assembled to raise the bar in mobile and we are certain that the SONIC app will do just that."

About SONIC, America's Drive-In

SONIC®, America's Drive-In®, is the nation's largest chain of drive-in restaurants with more than 3,500 drive-ins serving approximately 3 million customers every day. Over the past 60 years, SONIC has delighted guests with signature menu items, more than 1 million drink combinations, friendly service by iconic Carhops and ongoing support of education through its award-winning Limeades for Learning® program. SONIC received top honors as America’s “#1 burger quick service restaurant” in the 2013 Temkin Experience Ratings report. For more information about Sonic Corp. (NASDAQ/NM: SONC) and its subsidiaries, please visit www.sonicdrivein.com. Customers can also connect with SONIC at facebook.com/sonicdrivein or on Twitter @sonicdrive_in.

About CARDFREE™

From the team that deployed the two largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Sharing a track record of bringing innovative solutions to market, our team has a unique 360-degree perspective coming from large merchants, mobile, financial services and payments.

CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through POS. Our award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless.

CARDFREE™ is headquartered in San Francisco, with portfolio companies in Boston, Denver and Atlanta. For more information, visit www.cardfree.com or contact press@cardfree.com.

FierceWireless Names CARDFREE® as one of Its "Fierce 15" Wireless Companies of 2013
June 20, 2013

CARDFREE™ recognized for integrated omni-channel commerce solution for large merchants

SAN FRANCISCO, June 20, 2013 – CARDFREE™ announced today that it has been named to the annual FierceWireless “Fierce 15” list, designating it as one of the top privately-held wireless companies of the year. FierceWireless editors evaluated hundreds of organizations, and found CARDFREE™ to be one of the “fiercest,” proven by their creativity and innovations in the marketplace.

FierceWireless, an internationally recognized daily email newsletter reaching more than 80,000 senior wireless industry executives, provides executives in over 100 countries with a quick, authoritative briefing on the day's top wireless stories, including new trends and technologies. “CARDFREE™ focuses on white-label mobile payment and loyalty programs, so that the relationship with a merchant is not about CARDFREE™’s brand but instead about the merchant’s brand and its relationship with its consumers,” said Phil Goldstein, Editor of FierceWireless. “A core part of the company’s business is an in-house data analytics smart engine that can be tailored for each specific merchant so they can find out how to better serve their customers with offers.” CARDFREE™ provides merchants with complete, integrated commerce solutions from mobile and online through to POS. The company ‘s founding team identified a gap in the market for a merchant-centric commerce platform built for large-scale deployments and created a solution to drive incremental visits, larger ticket size, tender preference and more meaningful customer engagement. CARDFREE™ is currently working with several large merchants that will deploy later this year.

“We are thrilled to be recognized by FierceWireless, the industry’s must-read news leader,” said Jon Squire, CEO of CARDFREE™. “The wireless community depends on FierceWireless to provide the most up-to-date news along with analysis of major industry trends. It is an honor to be recognized by such a well-regarded news outlet.”

The FierceWireless “Fierce 15” celebrates the spirit of being “fierce” – championing innovation and creativity, even in the face of intense competition. The complete list of winning companies is available on the FierceWireless Web site at http://www.fiercewireless.com.

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About CARDFREE™

From the team that deployed the two largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Sharing a track record of bringing innovative solutions to market, our team has a unique 360-degree perspective coming from large merchants, mobile, financial services and payments.

CARDFREE™’s award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration. CARDFREE™ is headquartered in San Francisco. For more information, visit www.cardfree.com or contact press@cardfree.com.

CARDFREE™, Restaurant Sciences Data Reveals Fast Food Restaurants Outperform Other Categories in Gift Card Sales and Redemption
December 20, 2012

Key Facts:

  •   Fast food restaurants are selling more gift cards/gift certificates than other restaurant categories.
  •   Fast food restaurants lead other restaurant types in pre-paid as a larger portion of total payment tender type.
  •   All restaurant categories show much room for growth in pre-paid volume pointing to an opportunity for mobile to impact ROI.
SAN FRANCISCO, Dec. 20, 2012 – Today, CARDFREE™ released a study on Q4 2012 spending and gift card sales conducted by its portfolio-partner company Restaurant Sciences. Findings reveal that fast food restaurants are selling an average of three gift cards per store per day since Thanksgiving, which outpaces all other restaurant categories. Though fast food restaurants are also outperforming others in pre-paid transaction volume, all restaurant categories show pre-paid accounting for less than four percent of total payment volume.

CARDFREE™’s ROI analysis of customer value indicates that mobile pre-paid users have over twice the yearly value of average customers. Having deployed two of the largest mobile commerce programs to date, the company has seen first hand that mobilizing stored value can have a great impact on large volume merchants.

“We see a huge opportunity for restaurants to use mobile to help drive preferred tender types and realize large returns very quickly,” said Jon Squire, CEO of CARDFREE™. “From our previous mobile commerce deployments we know that virtualizing pre-paid programs can reap cost-savings as well as drive increased tickets and frequency. If merchants couple that with mobile loyalty and offers they can see even larger shifts in customer behavior. Our platform leverages the rich data analytics from Restaurant Sciences, which helps large restaurants deploy smarter offers and mobile solutions that increase revenue and decrease costs.”

The CARDFREE™ platform combines a full range of merchant solutions, including personalized offers and promotions, mobile payments, loyalty, order-ahead and social media engagement, all of which comes with robust reporting. With the ability to leverage existing integrations into most major POS systems and deep data analytics, CARDFREE™ gives merchants unparalleled visibility into their customer base.

CARDFREE™ is headquartered in San Francisco and is part of a portfolio of companies including Restaurant Sciences, a leading provider of restaurant industry information and analytics based on individual guest checks.

Download report →

About CARDFREE™

From the team that deployed the two largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Sharing a track record of bringing innovative solutions to market, our team has a unique 360-degree perspective coming from large merchants, mobile, financial services and payments.

CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through POS. With the ability to leverage existing integrations into most major POS systems and deep data analytics, our end-to end capabilities give merchants unparalleled visibility into their customer base. The company acts as a white-label partner working behind merchant brands, providing tools that drive incremental visits, larger ticket size, tender preference and more meaningful engagement with consumers.

CARDFREE™ is headquartered in San Francisco, with portfolio companies in Boston, Denver and Atlanta. For more information, visit www.cardfree.com or contact press@cardfree.com.

About Restaurant Sciences

Restaurant Sciences is the premier provider of syndicated data and insights on food and beverage consumption in restaurants, bars, nightclubs and other foodservice establishments. The company delivers market share, market basket, competitive analysis, pricing, promotional, trend, segmentation and custom analytics to food and beverage manufacturers and distributors, as well as the broader industry they serve. Restaurant Sciences transforms guest check-level information into detailed data and insights across all segments of the foodservice landscape. Insights are delivered online through their business intelligence tool or through custom analytics. Visit www.restaurantsciences.com.

CARDFREE™ Closes Series A Funding, Launches Integrated Mobile Merchant Platform
December 10, 2012

Members of Starbucks Card Mobile team reunite to create merchant-centric solution with full mobile commerce capabilities

Key Facts:

Company introduces integrated end-to-end platform with offers and promotions, payments, loyalty, order-ahead and robust data analytics; Founded by the executive team that introduced the largest mobile commerce deployments: Starbucks Card Mobile and Dunkin’ Donuts Mobile; and White-label platform works behind merchant brands to build brand value and drive consumer interaction whether mobile, online or POS. SAN FRANCISCO, Dec. 10, 2012 – Today, CARDFREE™, announced the launch of its company and introduced the first fully integrated mobile merchant platform, enabling companies to drive incremental visits, larger ticket size, tender preference and more meaningful consumer engagement under their branded experience. Last month the company closed $10 million in Series A Funding.

The CARDFREE™ platform combines a full range of merchant solutions, including personalized offers and promotions, mobile payments, loyalty, order-ahead and social media engagement, all of which comes with robust reporting. With the ability to leverage existing integrations into most major POS systems and deep data analytics, CARDFREE™ gives merchants unparalleled visibility into their customer base.

CARDFREE™, headquartered in San Francisco, is part of a portfolio of companies advised by investor and chairman of the board Jeffrey Katz, who founded Mercury Payments Systems, a leading payments processor. The company’s executive team is comprised of industry innovators from companies such as Starbucks, mFoundry, CorFire and InComm. Members include Jon Squire, CEO; Dustin Young, president; Chuck Davidson, head of Product; Diane Hong, head of Marketing; and Sen Wen, head of Architecture.

Squire, formerly CMO at CorFire, led Dunkin’ Donuts Mobile efforts, and was also SVP of Payments at mFoundry, spearheading Starbucks Card Mobile. Young, with more than seven years at InComm, the global leader in prepaid, introduced disruptive prepaid services across national retail brands. Davidson, category manager, Innovation at Starbucks, conceived, led and launched Starbucks Card Mobile. Hong previously worked at mFoundry as SVP of Marketing, as well as VISA and large advertising agencies working on retail accounts. Wen was Principal Architect and Engineer at Starbucks working on starbucks.com, Starbucks Rewards, Social Gifting and numerous mobile programs including Starbucks Mobile and Square.

Squire commented, “We have reunited the individuals that created the gold standard in mobile commerce deployments. Our goal is to lead merchants to new levels and ensure they remain at the center of their customer relationships, rather than being secondary in third party mobile apps or wallets. We have a fundamental belief that the merchant is the most important piece of the omni-channel ecosystem, and CARDFREE™ built its platform around that belief. Our team comes from large merchants, vendors who service them and payments enablers; together, we will look to further disrupt the status quo of mobile.”

Katz explained, “The CARDFREE™ team’s vision for the company, creating a merchant-centric mobile solution, aligns with my view of where the market is headed. There is a gap in the market for seamless merchant solutions that integrate mobile, online and POS, and merchants are going to be a big driver of mobile commerce in the near future. This talented team is uniquely positioned with the knowledge, experience and connections to continue to lead innovation in the space.”

About CARDFREE™

From the team that deployed the two largest mobile commerce initiatives in the U.S., CARDFREE™ offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Sharing a track record of bringing innovative solutions to market, our team has a unique 360-degree perspective coming from large merchants, mobile, financial services and payments.

CARDFREE™ offers complete, integrated solutions for merchants from mobile and online through POS. With the ability to leverage existing integrations into most major POS systems and deep data analytics, our end-to end capabilities give merchants unparalleled visibility into their customer base. The company acts as a white-label partner working behind merchant brands, providing tools that drive incremental visits, larger ticket size, tender preference and more meaningful engagement with consumers.

CARDFREE™ is headquartered in San Francisco, with portfolio companies in Boston, Denver and Atlanta. For more information, visit www.cardfree.com or contact press@cardfree.com.