SheerID Celebrates 750% Growth in H12013, Verifies Over 235 Million Consumer Records
FOR IMMEDIATE RELEASE
Retail market demand sparks expansion of point-of-sale eligibility verification capabilities among first responder, military, K-12 teachers and college student communities
Eugene, OR – July 24, 2013 – SheerID, point-of-sale eligibility verification provider enabling merchants to provide exclusive offers to special interest consumer groups, closed H1, 2013 by celebrating the most successful six months in the company’s history. As of Q2, 2013, SheerID processed over seven times more verifications than the same time in 2012, encompassing military, student, teacher, nonprofit and now first responder identifications.
“SheerID has been at the forefront of eligibility verification technology for retailers, and we’re thrilled with the growth we’ve seen over the past six months,” said Jake Weatherly, CEO of SheerID. “Our technology provides an omnichannel experience that benefits groups such as the military, and it is our customers and the subsequent market demand that has created this exponential growth in the eligibility verification industry. With more retailers recognizing the importance of omnichannel loyalty programs and SheerID every week, the market potential is only in its infancy, and we’re excited to continue to extend our platform’s capabilities and incorporate even more groups in the second half of 2013.”
In the past six months, SheerID announced a free active duty military option, as well as added first responder verification to the company’s platform, expanding the company’s reach and enabling opportunities for businesses of all sizes. SheerID now boasts over 235 million records that can be verified through its data partnerships.
Military verification has been the company’s fastest growing segment with a 390 percent increase since the end of 2012, thanks in large part to the long list of customers that have recently partnered with SheerID. Most notably, PGA TOUR, Tableau Software, Karen Kane and Armed Forces Eyewear joined the list of national brands, such as Costco, Symantec and Fathead to provide valuable, secure offers to consumers.
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SheerID is the creator of the technology used to transform existing, protected private data into an omnichannel service that benefits commercial enterprises and the public, while still keeping the information safe and secure. By acting as a bridge between secure databases, SheerID allows commercial enterprises to accurately, instantly verify whether or not their customer qualifies for a special offer like student, active duty military, veteran, or teacher offers – protecting the exclusivity of the offer and eliminating fraud. SheerID’s verification services can be configured for any e-commerce website, internal customer sales/support system, mobile application, or POS.
For more information on SheerID’s college student enrollment verification solutions, call 855-SheerID to speak directly to a representative, email info(at)sheerid(dot)com, or visit http://www.sheerid.com
LEWIS PR for SheerID
619 677 2700