July 30, 2014 5:36 PM ET

Internet Software and Services

Company Overview of ROAM Data, Inc.

Company Overview

ROAM Data, Inc. provides development platforms to create and update commerce applications that run on mobile devices. The company offers mCommerce platform-as-a-service for point of sales and eCommerce solutions to the mobile environments. Its platform includes software, hardware, and services that include payment applications, peripherals, end-to-end security, payment gateway, and boarding and support services. The company’s products include ROAMpay that allows merchants and mobile workforces to process payments through their mobile phones; ROAMwallet API, a mobile checkout solution that enables merchants and application developers to embed secure payment inside their consumer facing mobile...

280 Summer Street

Lobby Level

Boston, MA 02210

United States

Founded in 2005





Key Executives for ROAM Data, Inc.

Chief Executive Officer
Age: 54
Co-Founder and Chief Technology Officer
Age: 45
Chief Financial Officer
Chief Operating Officer
Age: 55
Compensation as of Fiscal Year 2014.

ROAM Data, Inc. Key Developments

ROAM Partners with Thatcher Technology Group to offer Direct Selling Companies Advanced mPOS Capabilities

ROAM announced that Thatcher Technology Group has selected ROAM's platform as the basis for its new mobile point of sale (mPOS) offering for direct selling organizations, on top of its powerful sales performance management software system. The mPOS solution leverages ROAM's full capabilities: Application Programming Interfaces (API) enabling software interaction, fully PCI compliant payment gateway and mobile payment engine. This will enable Thatcher's customers to conveniently and securely accept debit and credit card payments, while enhancing customer buying experience and improving business efficiencies. ROAM's mobile commerce platform also helps reduce costs by enabling direct selling companies to avoid card-non-present transaction rates and reducing post-sale credit card declines and chargebacks.

ROAM Launches its New Mobile Commerce Platform Enabling mPOS Management for Businesses

ROAM announced that its new mobile payments engine, ROAMmcm 5, is now available in the U.S. ROAMmcm 5 is the first enterprise-ready mobile point of sale (mPOS) solution and the first EMV-ready solution that enables businesses to quickly deploy and centrally manage global mPOS environments. By supporting EMV-based transactions, such as chip & PIN and chip & signature, ROAM enables businesses to extend their mobile strategies into new geographic markets. Majority owned by Ingenico, ROAM can also fully leverage Ingenico's expanded geographical presence and large customer base to successfully deploy ROAMmcm 5 outside the US. By addressing the security and management concerns associated with large-scale mPOS, ROAMmcm 5 enables even the most risk-averse enterprises to start capitalizing on the immense mobile commerce market opportunity. ROAMmcm 5 enables organizations to: Board large fleets of users and easily configure user profiles, policies and roles; Manage multiple mobile devices running multiple operating systems and applications; Reduce fraud risk by setting up custom risk profiles and pre-processing controls; Integrate with back-end enterprise systems such as inventory, accounting, and ERP; View real-time reports of all transactions, refunds and account activity; Integrate with value-added services such as digital wallets and loyalty programs; and Empower end users to manage the things that are important to their business -- such as product catalogs, reporting, refunds and receipts. The need for an enterprise-ready mPOS solution is further supported by Yankee Group's latest US IT decision-maker survey, showing that close to one-third of merchants with 500 or more employees plan to do deploy mPOS within the next 12 months. ROAMmcm 5 is currently in limited release in the U.S., and will be generally available by the end of First Quarter 2014. ROAM will publicly demonstrate ROAMmcm 5 for the first time in the U.S. at Retail's Big Show in New York City on January 12-15.

ROAM Releases the G5X, Next-Generation Hardware

ROAM announced the launch of the G5X, the company's next-generation hardware offering for the United States. The G5X secure mobile card reader is the first and only magnetic stripe mobile card reader in the world to obtain Visa Ready certification, ensuring that the reader meets all of Visa's latest requirements for secure payment acceptance. This new device can be used as part of ROAM's end-to-end mobile point of sale (mPOS) solution or integrated with an existing mobile payment application. With its custom-branding options and compatibility with hundreds of iOS and Android mobile devices, the G5X provides businesses of all sizes with the most flexible, reliable and secure mPOS experience. Key features include: advanced encryption technology that provides robust data protection; dual-track magnetic stripe reader (MSR) that can retrieve multiple data types from one swipe and that can read additional card types; and extended audio jack allowing the device to plug into virtually any mobile device or case.

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