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Glance Technologies Inc
Symbol GET
Shares Issued 136,579,783
Close 2018-11-28 C$ 0.17
Market Cap C$ 23,218,563
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Glance launches new real-time feature on Glance Pay app

2018-11-28 10:13 ET - News Release

Mr. Desmond Griffin reports

GLANCE TECHNOLOGIES INTRODUCES NEW REAL-TIME DIGITAL BILL FEATURE

Glance Technologies Inc. is conducting live on-site tests of its new real-time bill feature with select merchants.

This cutting-edge new feature, real-time bill, enables users to view and pay their bill in real time directly from the Glance Pay app without needing to wait for a paper bill. The app identifies the user's bill based on quick response (QR) codes or near-field communication (NFC) tags at the user's table. The app then and accesses and settles the appropriate bill in real time from the merchant's point-of-sale system.

Real-time digital bill was one of the reasons that Glance Technologies added the previously announced capability to integrate with more than an estimated 500,000 different POS installations in North America, thus opening this new feature to a broad market.

"Everyone has experienced frustration waiting for a bill at a restaurant or pub when they needed to get to a show, a meeting or an airport," commented Desmond Griffin, chief executive officer of Glance Technologies. "With our new real-time bill technology, a user can choose to access their bill, pay and go at any time."

This features allows merchants to offer a more convenient experience to their customers, while increasing productivity, turning tables over more quickly and reducing costs related to processing paper. Further, by eliminating paper, merchants can operate in a more environmentally friendly and sustainable way that aligns with Glance Technologies' values.

After completing tests with select merchants, Glance Technologies plans to make the real-time bill feature available to its merchant base by the end of its next fiscal quarter. Glance Technologies believes that innovative features, such as real-time bill and the upcoming "order from table," will make its platform more attractive to potential merchants and will improve its ability to generate software-as-a-service (SaaS) fees from merchants.

About Glance Technologies Inc.

Glance Technologies is the owner of Glance Pay and Glance PayMe, a pair of complementary smart phone payment applications that enable merchants to provide their customers with quick secure payments, digital rewards and a better customer experience.

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