Introduction To Pin Pay And Soft Card 12 10 07
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Provide your customers and clients with a more proficient and economical way of recieving and sending money through a revolutionized technology system know as TTT(Triad Tunnel Technology). To find out more logon at http://u-canbefree.com or www.pinpay.com.
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Editor's Notes
- What is a merchant account? What do Merchant’s need and Why? (See: Steve Mott’s Article) Online merchants need a new payment system that releases the power of the Internet to world market sales. A payment system that removes the shackles which have been placed on online merchants by the existing Visa, MasterCard and credit card payment systems. Once those shackles are removed eCommerce will explode. As will be discussed PinPay with SoftCard will remove the shackles. To explain the payment system shackles it is ness Cary to review to existing online payment system and its imposed restrictions and failures. How are payments made in on-line sales? What is a Credit and Signature-Debit Card online transaction? Why have PIN debit been excluded as a payment option at online stores? What is friendly fraud and how does it hurt a online merchant? Foreign sales (Vermont Teddy Bear) (One Billion customers) In country (USA) sales: example of Tiger Direct and Geek.com computer sales Who is Steve Mott and why is his article of interest? Where can one find a copy? - Contact Glenn.
- $50 billion annually transferred to Mexico by foreign workers $18 billion annually transferred to Philippines Billions more transferred to other countries by foreign workers and family members Competing with Wal-Mart pre-paid cards and money services… All merchants need a means of competing…effectively with Wal-Mart’s financial service… PinPay with SoftCard provides that ability to a merchant without capital expenditures or development costs EFT- electronic funds transfer (ACH and IBAN) ACH and IBAN story… PinPay solution Existing on-line bill payment The need for a bank account Geographical limits PinPay any merchant anywhere anytime
- The market for PinPay is all of the merchants in all 192 counties (less the 13 sanctioned and restricted countries)- total 179 countries. No other payment system offers the security of online payment with a PIN That brings security and will increase the number of Internet users who will make online purchases No Charge Backs- a major advantage to every merchant No Hold Backs – another major advantage to every merchant Low transaction fees No setup fee No monthly or annual fees Interlinked with Visa, MasterCard, Discover Simple to install and operate No new hardware or capital expense No interference with existing services Independent network not using Visa, MasterCard rails or ATM rails On-line, In-store and Mobile-store services Competing with Wal-Mart cards and money services… Low cost money transfers Worldwide bill pay and EFT
- The SoftCard’s market is 6.6 billion individuals; the world’s population Reports are that only 10% of the world population has a bank account or bank relationship Therefore, clearly 90% of the world’s population is in need of the SoftCard and the financial infrastructure provided by PinPay. Forbes reports: 80 Million people in the U.S. lack basic banking accounts Online- near instant issue – get card number, PIN, online account management user name and password Reports are that only 10% of the world population has a bank account or bank relationship Includes an online management account Forbes reports: 80 Million people in the U.S. lack basic banking accounts $50 billion annually transferred to Mexico by foreign workers Billions more transferred to other countries by foreign workers Competing with Wal-Mart cards and money services… What is the Payment Industry? How are payments made in on-line sales? What is a Credit and Signature-Debit Card online transaction? Why have PIN debit been excluded as a payment option at online stores? What is friendly fraud and how does it hurt a online merchant? Foreign sales (Vermont Teddy Bear) (One Billion customers) In country (USA) sales Tiger Direct and Geek.com computer sales USA sales ( Who is Steve Mott and why is his article of interest? Where can one find a copy? - In the POM.
- Forbes reports: 80 Million people in the U.S. lack basic banking accounts $50 billion annually transferred to Mexico by foreign workers Billions more transferred to other countries by foreign workers Competing with Wal-Mart cards and money services… What is the Payment Industry? How are payments made in on-line sales? What is a Credit and Signature-Debit Card online transaction? Why have PIN debit been excluded as a payment option at online stores? What is friendly fraud and how does it hurt a online merchant? Foreign sales (Vermont Teddy Bear) (One Billion customers) In country (USA) sales Tiger Direct and Geek.com computer sales USA sales ( Who is Steve Mott and why is his article of interest? Where can one find a copy? - In the POM.
- Forbes reports: 80 Million people in the U.S. lack basic banking accounts $50 billion annually transferred to Mexico by foreign workers Billions more transferred to other countries by foreign workers Competing with Wal-Mart cards and money services… What is the Payment Industry? How are payments made in on-line sales? What is a Credit and Signature-Debit Card online transaction? Why have PIN debit been excluded as a payment option at online stores? What is friendly fraud and how does it hurt a online merchant? Foreign sales (Vermont Teddy Bear) (One Billion customers) In country (USA) sales Tiger Direct and Geek.com computer sales USA sales ( Who is Steve Mott and why is his article of interest? Where can one find a copy? - In the POM.
- Forbes reports: 80 Million people in the U.S. lack basic banking accounts $50 billion annually transferred to Mexico by foreign workers Billions more transferred to other countries by foreign workers Competing with Wal-Mart cards and money services… What is the Payment Industry? How are payments made in on-line sales? What is a Credit and Signature-Debit Card online transaction? Why have PIN debit been excluded as a payment option at online stores? What is friendly fraud and how does it hurt a online merchant? Foreign sales (Vermont Teddy Bear) (One Billion customers) In country (USA) sales Tiger Direct and Geek.com computer sales USA sales ( Who is Steve Mott and why is his article of interest? Where can one find a copy? - In the POM.
- Forbes reports: 80 Million people in the U.S. lack basic banking accounts $50 billion annually transferred to Mexico by foreign workers Billions more transferred to other countries by foreign workers Development Status Prepared for 500 million cardholders 50 million merchants 500,000 agents Competing with Wal-Mart cards and money services… What is the Payment Industry? How are payments made in on-line sales? What is a Credit and Signature-Debit Card online transaction? Why have PIN debit been excluded as a payment option at online stores? What is friendly fraud and how does it hurt a online merchant? Foreign sales (Vermont Teddy Bear) (One Billion customers) In country (USA) sales Tiger Direct and Geek.com computer sales USA sales ( Who is Steve Mott and why is his article of interest? Where can one find a copy? - In the POM.
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