SOURCE: The OLB Group, Inc.

OLB Group Signs Agreement With Dejavoo Systems to Provide a Cloud Based POS Solution to Over 25,000 Existing Customers to Integrated With the Dejavoo Vega Terminals; Presented at ETA's TRANSACT 14 Conference Dejavoo Booth #644

dejavoopos.com Is a White Label Product of the OLB Group, a Cloud Based POS and Omni Solution to Integrate With Dejavoo Vega Terminals

NEW YORK, NY – April 8, 2014 -- OLB Group, Inc. (OTCQB: OLBG), The OLB Group is an OMNI Channel, eCommerce that delivers fully outsourced private label shopping solutions. We provide our clients with seamless, end-to-end e-commerce and m-commerce solutions, including site creation, hosting, transaction processing, order fulfillment, customer service, sales reporting, and a virtual inventory of name-brand products from top-selling categories on the Internet. Our private label shopping site is designed to maintain the unique look and feel of our customer's website, providing seamless e-commerce functionality that keeps users on the shopping site at all times. Order fulfillment and customer service are also provided under the brand names of our clients. We remain invisible to the consumer. Our e-commerce platform also enables our clients to create their own online marketing promotions and to customize product content to meet the needs of their online users.

 

Our unified solution and inventory management is available to retailers and managed in a single dashboard. A small retailer will be able to get a POS system on an iPad or ant tablet, and access the same POS from your regular computer from anywhere. We offer a multi-location system to manage your inventory and track it by barcode and QR codes. This will enable coupons and loyalty programs for your customers, as well as data feeds to all major search engines such as Google, Bing and Yahoo.

 

We are also extremely excited to launch the 'White Label' solution for Merchant Banks and ISOs as an integrated API to our system. Our solution provide the merchant banks and ISOs with the tools to compete with payment solutions in the market place such as PayPal, Amazon Payments, Square, Google Checkout and Intuit POS among other online POS system offerings similar to ours, but not combined as a unified solution.

 

With these services we will be able 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.

 

OLB's Chairman & Chief Executive Officer, Mr. Ronny Yakov, stated, "We are extremely excited about this venture especially that we can provide a an OMNI commerce solution with the utmost security, for new and existing customers, using existing Dejavoo terminals or compete with new installations combining a cost effective secured terminal with our Tablet based POS system."

 

Mony Zenou, President & Chief Executive Officer of Dejavoo Systems stated, "The ShopFast Solution is a great fit to a smart POS device that can aggregate the secure, advance, EMV and contactless terminal with a Cloud based inventory system. All our models can work with the ShopFast Tablet Solution: IP, Wi-Fi, Touch PIN pad or fully featured terminals, particularly our new ECR/Terminal model that has additional register features such as Customer display, Cash drawer interface and fiscal memory capabilities to capture 7 years of detailed transactions." Mr. Zenou added, "The separation of payment and POS System is key to the future and in this case, it saves money and enables our channels and over 25,000 existing users of Vega terminals to enjoy the best of both worlds." Thousands of new insulations are done monthly by various ISO groups.

 

If you would like to be added to the OLBG e-mail database for press releases and industry updates, please send your e-mail to ir@olb.com.

 

About The OLB Group, Inc.

The OLB Group is an OMNI Channel, eCommerce company Our product is ShopFast, which is an offering suite of software products for small retailers. As a cloud-based solution, the Company offers a new mobile commerce SaaS service within their existing framework. Utilizing the cloud provides a turnkey solution to small retailers, merchant acquiring banks, and white label solutions for ISOs; looking for a one-stop, unified solution to their eCommerce, mCommerce, marketing, Point-of-Sale, and inventory management needs. This cloud-based solution manages data located in physical stores, online stores and offices providing real-time dashboards with relevant information. We have developed the software product ShopFast-POS.

 

About Dejavoo Systems: Smart Solutions for Intelligent Companies:

Dejavoo Systems is a US value added reseller and a developer of next generation point-of-sale (POS) devices targeting desk top and handheld wireless POS terminals and secure applications, related programs, systems and services. Dejavoo considers transaction switching, processing and value added services as its core and necessary components in its goal to provide ISO's and Merchants with an improved cost effective, and revenue generating solutions.

 

Dejavoo Systems is a comprehensive, end-to-end electronic payment provider build on 20 years' experience of its management in the Western Hemisphere territory. Our unrivaled and on-going connectivity enables our customers to rethink transactions for today and be innovative with tomorrow's technology.

 

Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

 

For more information, please visit 
http://www.olb.com
http://www.shopfast.com
http://www.DejavooPOS.com

For more information about Dejavoo Systems, visit 
http://www.dejavoosystems.com

 

OLB Group
ir@olb.com

 

SOURCE: The OLB Group, Inc.