About VRAY
We were inspired by the idea that Online shopping should have a Simple and Secure Checkout experience.
In fact, we believe it should be as simple and safe to Pay Online as it is in a physical store.
The team at VRAY is working to make it easy for Merchants to offer the convenience and security of a Mobile Wallet Checkout experience to their most important digital assests: customers.
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July 2017
VRAY Inc. founded
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July 2018
Accepted to Plug and Play (PNP) Fintech program
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October 2018
PNP ranked VRAY Inc. as top 25 Fintech startup companies in the U.S.
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October 2019
Completed the integration of VRAY Mobile Wallet Payment service on eCommerce platform
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October 2020
Completed the integration of VRAY Recurring Payment service on eCommerce platform
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February 2021
VRAY pivots sales, marketing & distribution model from a Consumer Enablement service to a Payment Acceptance service
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March 2021
1st patent granted by USPTO: This invention lets consumers authenticate online purchases on any device (laptop, tablet, phone, kiosk) and approve payment via their mobile device—without sharing card details.
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June 2021
Launched Mobile Wallet Payment service
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July 2021
Signed partnership agreement with Fiserv
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October 2021
2nd patent granted by USPTO: This invention lets consumers pay bills or make purchases over a phone call, authorizing payment on their mobile device—without sharing card details.
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November 2021
Pilot testing for Vray Merchant Portal started.
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December 2021
Completed production certification test with Fiserv
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March 2022
Launched Vray Merchant Portal
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June 2022
Launched pilot merchant with mobile wallets enabled for Bill Payment service
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February 2023
3rd patent granted by USPTO (and Taiwan IPO): This invention enables cross-device checkout: purchase online on any device (PC, tablet, phone, kiosk) and approve payment on a mobile device—no app install required.
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March 2023
Developed automated integration process on Vray Merchant Portal to provision mobile wallets for merchants connected to Authorize.Net, CardConnect, NMI, Fluidpay, Stripe and Elavon Converge gateways.
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September 2023
APIs for managing automated integration process were ready for merchants, ISOs and ISVs.
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December 2023
Enabled mobile wallet payment for Conversational Commerce.
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March 2024
Signed partnership agreement with Flex Payment Solutions
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April 2024
Completed PCI Level 1 Compliance Certification
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May 2024
4th patent granted by USPTO: This invention lets customers complete payments during IVR calls or chat (AI bot or live agent) by authorizing on a mobile device—no card numbers shared.
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June 2024
5th patent granted by USPTO: This invention enables cross-device checkout: purchase online on any device (PC, tablet, phone, kiosk) and authorize payment on a mobile device.
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September 2024
Signed partnership agreement with MyPOS Cash Box Corp.
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December 2024
Phone Pay service ready for IVR system.
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March 2025
Chat Pay service ready for AI Chatbot platform.
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September 2025
6th patent granted by USPTO: This is a divisional patent of the 4th granted patent.
JACK SHAUH
Co-Founder and CEO/CTO
Jack received his Ph.D. in Electrical and Computer Engineering from UC San Diego. Jack has over 20 years of experience in software engineering, mobile security system development and communication system design. Jack has worked for data networks startup Integrated Networks Corp., computer & ATM manufacturer NCR, and telecom leader Qualcomm. Jack has filed over 50 patents.
Kuochun Lee
Co-Founder
Kuochun received his Ph.D. in Electrical Engineering from USC. With over 25 years at Qualcomm and Ericsson, he is a mobile technology expert who helped shape secure communication systems. Kuochun is a true innovator with over 200 granted US patents. He now drives VRAY’s innovation and patent strategy alongside Jack.
BRAD WINSLOW
Board Advisor
PETE DONAT
ELIZABETH HOOPLE
