Oak Bay News, October 10, 2014

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NEWS: Thousands of feet hit Oak Bay pavement on Sunday /A3 ARTS: Painted pianos on the auction block /A5 SPORTS: Vikes on track for Canada West title /A18

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Sweet Delights owner Barb Marquardt and Yodo managing director Brian Doyle show the easy to use mobile app payment system. Laura Lavin/News staff

Cellphone app a sweet addition to payment options Cash-based system put to the test Laura Lavin News staff

An Oak Bay merchant is on the cutting edge of mobile payment. Sweet Delights owner Barb Marquardt is one of the first merchants in the world to accept payments made with a cell phone app. “That’s one thing about a candy store, there are lots of very inexpensive things,” said Marquardt. “Debit was costing me so much, it was like paying people to take

payment system. away my candy.” The company is working with the Then about 18 months ago, Brian Doyle National Research Council to “embellish walked into her shop with a solution. Yodo and improve security,” said was developed in London and Japan and is being used under “It makes huge Doyle. Since the small pilot project a pilot program brought to financial sense began, some banks have Oak Bay by Yodo’s managing interest in the payment director Doyle. and it’s simple for shown app. “I started working on it kids to use.” “Because it works on both several years ago but let it relapse, I’ll say. My wife and - Barb Marquardt (android and apple) platforms it gives the product more I moved to Tokyo and I saw appeal,” said Doyle. “We’re uniquely basing everybody there using the QR codes and ours on cash.” I thought, ‘there’s an opportunity there’” After you download the app to create said Doyle. He then connected with a an account, your account is automatically British company that was making mobile credited when merchants scan your apps and began development of the

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phone as you tender cash in excess of the purchase price. Receipts are stored electronically as well. “It makes huge financial sense and it’s simple for kids to use,” added Marquardt, who said most of her Yodo users are between the ages of 12 and 25. “Although, now that it’s come out on the iPhone, I’ve noticed a few more older people using it.” Right now there are only a few merchants, including Ambrosia on Oak Bay Avenue, Tru Value Foods in Cordova Bay, Victoria’s Black Olive restaurant and Bagels on Broad who accept Yodo as payment. PlEASE SEE: Yodo going global, Page A10

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