Craypay - A New Kind of Buying Power
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 6 July 2018
⏱️ 19 minutes
🧾️ Download transcript
Summary
Marshall Greenwald - CEO at Craypay joins Future Tech Podcast. CrayPay is a mobile payment app that will soon allow you to earn and use cryptocurrency tokens, called CrayCoins, at more than 50,000 retail locations across the United States.
CrayPay already pays a portion of each of your purchases, but you'll also be able to earn an additional 10% of the retail price back in CrayCoins.
CrayCoins will be earned by spending within the CrayPay app, and it will be possible to use them for purchases in-store and online across 120+ national brand partners including AMC Theatres, American Eagle, Best Buy, Chili's, Domino's, GAP, Lowe's, Outback Steakhouse, and Sears.
Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.0 | Future Technologies |
| 0:08.0 | Boys to transform our lives for better or worse or the focus of this podcast. Almost here means these |
| 0:14.8 | technologies are now here and starting to be used or just around the corner. |
| 0:18.9 | From Bitcoin to artificial intelligence, 3D printing, blockchain, virtual reality, and more. |
| 0:25.0 | Hello everyone and welcome to Feature Tech Podcast. I'm your host Juliet Lamar and |
| 0:31.0 | joining us today is Marshall Greenwald. He is the CEO of |
| 0:35.8 | Kray Pay which is very exciting news technology that we're jumping into. So |
| 0:40.6 | welcome Marshall. Thank you, Juliet. |
| 0:43.0 | So for our listeners who might not know about Cray Pay, |
| 0:46.0 | can you give them a little overview |
| 0:48.0 | about what you guys are doing over there? |
| 0:50.0 | Yeah, so the last couple years, we've been building a mobile payment platform and really what we're trying to do is drive value in switching from paying with your plastic card that you've done for, you know, 20, 30 years without any problems to paying with your phone. |
| 1:07.0 | So we're, what we've done is we've built incentives to actually use it as your payment method. |
| 1:12.0 | So you save up to 10% on anything you buy using |
| 1:15.8 | Cray Pay. And we've been kicking that off here for a couple months and we've got about 10,000 |
| 1:21.0 | users and growing every month and we're integrated at 50,000 |
| 1:26.5 | retailer locations in the US and we're getting ready to launch into the UK as well. |
| 1:31.1 | Fantastic. So do we know these institutions, are these big name institutions we can start using |
| 1:37.6 | Cray Pay at? |
| 1:38.6 | Yeah, so we started with the national retailers household names you know AMC |
| 1:43.6 | theaters American Eagle Best Buy Chili's Domino's Dab lows you know |
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