Before launching, the company had released limited information about its product, despite significant press coverage. The product was intended to include a mobile app that served as an online wallet. Wallets would be linked to existing credit cards and bank accounts. A June 2013 report by TechCrunch stated that the app was going to use high-frequency sound to send payments between devices; however, the section was shortly retracted. Clinkle confirmed that the product would not require near field communication, a wireless technology used by Google Wallet and Apple Pay. Clinkle stated that the product would also provide merchants with information about their customers for the purpose of targeted sales promotions.
