By Admin for Internet Retailer
Digital Global Payments Industry Leader Helps Facilitate Growth and Efficiency For Startup.
Ft. Lauderdale, Fla. (August 2015) — Beauty industry startup GelMoment partners with i‐payout, a leading digital global payments provider for direct‐selling companies. Quebec‐based GelMoment provides patented, high‐quality one‐step gel nail polish, which is the first of its kind in the market. The direct‐selling company partnered with i‐payout, enabling GelMoment to expand its global footprint within the first year. “We are honored to partner with GelMoment and to support the company’s global expansion plans,” said Eddie Gonzalez, president of i‐payout. “i-payout is proud to facilitate growth for new companies that bring innovation to their markets.”
GelMoment launched in January 2015, and by the end of Q2, it had grown to 1,353 distributors across the United States and Canada. Currently, 70% of its independent distributors are located in Canada and 30% in the U.S. With a steady 200 distributors signing up per month, GelMoment continues to grow. Additionally, with its planned global expansion, the company says it will increase by 500% in the next 12 months. GelMoment has reason for its optimistic outlook: It’s the only company to offer a patented one‐step, quick‐dry formula for gel nail polish.
GelMoment is slated to launch in Australia on Sept. 1 and currently there are 155 independent distributors pre‐signed up prior to the launch. To support the rapid expansion, GelMoment selected i-payout for its easy, cost-effective and secure digital payments solution that will facilitate commission payments to its distributors. “Our potential market is enormous, and we will continue to expand in other countries after the Australia launch,” said Dov Grossnass, CEO of GelMoment. “i‐payout had extremely fast implementation and worked exclusively around our needs. The transition has been smooth for our independent distributors. We are looking for ways to expand our presence in the U.S. and other countries, and with i-payout’s solid customer support team, we trust this will happen at the pace we envision.”
With its global banking partnerships and knowledge of national regulations in over 140 countries, i‐payout has the capabilities needed to make global business happen for GelMoment. i‐payout will further provide a customized platform for GelMoment to create a seamless experience for its independent distributors. GelMoment will also save time and money during tax season, as i‐payout will deliver the appropriate tax forms to each distributor. The result is that GelMoment and its distributors can better focus on growing the business.
For more information on GelMoment, visit www.gelmoment.com, and for more information on i‐payout, visit www.i‐payout.com.
About GelMoment: GelMoment is a one-step gel nail polish brand for women on the go who want beautiful, lasting nails. The 100% unique and high‐quality gel polish requires no base coat, no top coat, dries in sixty seconds, lasts up to 14 days, and is cruelty‐free, solvent‐free, and five‐free. The GelMoment home‐based business model gives distributors the ability to create their own GelMoment businesses that works with their lifestyles. To find out more about the GelMoment gel polish or business opportunity, visit our website at GelMoment.com.
About i‐payout: Established in 2007, i‐payout is a leading digital global payment provider. The company’s platform and services make it possible for organizations and its members to make and receive payments anywhere in the world at any time via multiple options with ease and convenience. i‐ payout has focused expertise and capabilities to address the specific needs of business verticals, including direct‐selling companies and unions.
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