The OLB Group, Inc. announced the launch of a new Mobile Commerce SaaS service within its existing framework. The service will provide a turnkey solution to small businesses and retailers, merchant banks and ISOs that are looking for a one-stop unified solution to their eCommerce, mCommerce, marketing, Point-of-Sale and inventory management. OLB Group will be presenting the new Point-of-Sales (POS) cloud solution at the ETA show in New Orleans (April 30(th) -- May 2(nd)). The company is implementing unified solution and inventory management, available to retailers and managed in a single dashboard. A small retailer will be able to get a POS system on an iPod or any tablet, and access the same POS from any regular computer. Companies with several locations will be able to manage inventory and track it with QR and barcodes. Coupons, loyalty programs, as well as data feeds are enabled to all major search engines such as Google, Bing and Yahoo. Available the second quarter of 2013, OLB Group will unveil a new billing system that can be used with cloud invoicing, and also to collect payments with credit cards and electronic checks (ACH). Payment methods may be stored to avoid entering them every time. The company launched the 'White Label' solution for Merchant Banks and ISOs as an integrated API to system. This solution provides the tools to compete with payment solutions in the marketplace but not combined as a unified solution. These services provide a very affordable solution for small retailers as the need to compete with online retailers and daily offers grows in the months and years ahead.

The OLB Group, Inc. filed its 10-K on Apr 01, 2013 for the period ending Dec 31, 2012. In this report its auditor, H J & Associates, LLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

The OLB Group, Inc. announced that the company will launching a new mobile commerce SaaS service within its existing framework to provide a turnkey solution to small retailers, merchant banks and ISOs that are looking for a one-stop, unified solution to their eCommerce, mCommerce, marketing, Point-of-Sale and inventory management as a SaaS. Available fourth quarter 2012, the SHOPFAST unified solution and inventory management will be available to retailers and managed in a single dashboard. A small retailer will be able to get a POS system on an iPad or a tablet, and access the same POS from the retailer's regular computer from anywhere. There will be a multi-location system to manage inventory and track it by barcode and QR code. This will enable coupons and loyalty programs for customers, as well as data feeds to all major search engines such as Google, Bing and Yahoo. With these services, the company plan to provide a very affordable solution for small retailers as the need to compete with online retailers such as Amazon, eBay, and daily offers online grows in the months and years ahead. During 2012, SaaS will be providing 5GB of cloud-based storage as a free trial to all current registered members of ShopFast.com and new members who join now. ShopFast.com will not require any long term subscriptions or commitment and can be cancelled at any time -- this allows users of Shopfast.com to test their applications as needed without incurring unreasonable start up or recurring monthly costs.