online pin pitch

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Page 1: Online PIN pitch

ICT: The Next Evolution of Internet Commerce

Page 2: Online PIN pitch

Debit card is being swiped at card reader and PIN entered.This is the same as cash for the merchant. Or a credit card is used.

The consumers are PRESENT for the transaction.

Currently Card Present Transactions Are Only At The Merchant Site

Daily example of using a credit cardpresent at a store terminal.

Daily example of PIN Debit Card Present at gas station terminal.

Card Present Transactions Status

This is known as a “Card Present transaction”

Page 3: Online PIN pitch

• Brick and Mortar retailers keep payment acceptance costs down through PIN debit and Card Present rates.

• In-Store terminals allow consumers to use their preferred payment method, while being Present at the transaction.

• Internet merchants currently cannot receive Internet consumer Present payments and purchases.

• The same walk-in retail store pays substantially higher processing rates for the exact same product purchase at their web store as compared to their walk-in store rates as the card is not present.

Brick & Mortar = Card Present Present Day Internet Payments = Non Card Present

ICT Industry = Card Present Over The Internet

Fishingrods.com - $100 non credit card Present at 2.50% charge rate.No PIN debit

Fishing Rods walk in.$100 credit card presentat 1.85%. Or can receivePIN debit at 50 cents charge.

EXAMPLE:

EXAMPLE:

Page 4: Online PIN pitch

The Present Internet Reality…

There are 1,970,000,000 Internet users in The world

Introducing: ICT: A new industry

And not one consumer can pay over the Internet by credit card present or PIN debit

because you do not have consumer terminals.If you did have a terminal, this would:

• Maximize your safety from Identity theft• Deliver you Savings from merchant incentives• Enable you to Send guaranteed funds by PIN debit

Page 5: Online PIN pitch

GSFS is an Internet Payment processing company generating recurring revenue for every card present transaction processed over the Internet using consumer terminals.

$ $$$

Our Business

Mobile Phone Terminal Adaptor

(MPTA)sending Internet

PIN debit

We will generate recurring instant revenues 24 hrs per day 7 days per week from Internet card present merchant processing fees.

Page 6: Online PIN pitch

The Blackberry is the primary smart mobile phone usedIn Europe. The Mobile Phone Terminal Adaptor (MPTA) will

enable a BlackBerry to be converted to a consumer Internet PIN debit and Credit card present terminal.

Clip to the phone

Page 7: Online PIN pitch

Mobile Phone Terminal Adaptor and the SuperMouse will be given to target markets to distribute to their customers. This will provide an immediate customer base for GSFS. Customers & merchants will be given incentives to use their consumer terminals to send PIN debit to the gaming site.

RECURRING INSTANT REVENUES 24 hours per day 7 days per week from Internet Card present payments and purchases by PIN debit card and credit card.

We focus on PIN debit & weprovide the Processing Network

GSFS Processing

GSFS Merchant Services

Acquires and settles the PIN debit and credit card

present payments and purchases

Our Plan

Mobile Phone Terminal Adaptor

(MPTA)sending Internet

PIN debit

Page 8: Online PIN pitch

Products & Services

• Embedded encryptionand security modules

• Numeric pads• USB compatible• User Authentication

Patented technologies and processes for home and mobile originated Internet card present transactions

SuperMouse(Concept Art)

Mobile Phone Terminal Adaptorsending Internet PIN debit

MPTA(Concept Art)

Recurring Instant Revenues 24/7

for GSFS Network processing!

Page 9: Online PIN pitch

Plus testing MPTA originated online PIN debit Lottery ticket purchases with the World Lottery Association.

Target Market$30 billion Global online gambling of which Europe accounts for $12 billion.

We distribute free MPTA* to:

*Mobile Phone Terminal Adaptor

Page 10: Online PIN pitch

In the United States, we deploy free MPTA devices Internet off track services, which will enable the players to use PIN debit to open or replenishlegal online advanced deposit wagering accounts for wagering on Thoroughbred, Harness, and Quarter Horses.

GSFS Network charges the services 6% to enable their players to useSame-moment PIN debit opening or replenishing their track accounts.

Recurring Instant Revenues 24/7

for GSFS Network processing!

Mobile Phone Terminal Adaptor(MPTA) sending Internet PIN debit

Page 11: Online PIN pitch

With Mobile Phone Terminal Adaptor (MPTA) and debit card and PIN

• Players using an MPTA and their debit card with PIN will have no delay in usage of deposit wagering account.

• If the gaming operator has opened a deposit account with GSFS Merchant Services, then the player could instantly receive winnings.

• Our MPTA device will allow impulse wagering & the ability to access funds to play or receive winnings with no fee in real time same as cash.

Average time delays / costs to players to open or replenish

advanced deposit wagering accounts.

Credit card charge: 4% or higher to open or replenish

Bank to bank: 2 - 4 days for clearance of transfer

Wire to account: $30 fee + 2 day delay for clearance

Western Union: Minimum fee of $10 + 2 day delay

Page 12: Online PIN pitch

Year MPTA Revenues 40% costs Net Profit

Based on one $50 wager per month at a 6% processing fee and 40% costs.

GSFS Network Processing Revenues 24 hrs day 7 days per

week2011 250,000 1.500,000 600,000 $900,000

2012 500,000 18,000,000 7,200,000 $10,800,000

2013 2,000,000 72,000,000 28,800,000 $43,200,000

2014 10,000,000 360,000,000 144,000,000 $216,000,000

2015 50,000,000 1,800,000,000 720,000,000 $1,080,000,000

Page 13: Online PIN pitch

GSFS Network Trust Company AG

• A 30 year old Swiss Trust enables us to act as a bank to acquire and clear the incoming PIN debit Internet transactions.

• Listed on the Frankfurt & Vienna Stock Exchanges for fast track registration and trading

• Can acquire membership to VISA Electron, MasterCard Maestro Europe and VISA Interlink, MasterCard Maestro in the USA

• Any bank issued debit card can be processed for ICT PIN debit

• We will deploy free devices, process and acquire and settle

Mobile Phone Terminal Adaptor(MPTA) sending Internet PIN debit

Page 14: Online PIN pitch

Phase I: Pre IPO

Step 1: Mobile Phone Terminal Adaptor (MPTA) and SuperMouse prototypes

Step 2: Internal testing end to end

Step 3: 100 MPTA prototypes for Beta testing will be distributed to specific gaming sites such as www.playersnetwork.com. We will be using GSFS Network debit cards to send PIN debit payments into advanced deposit wagering accounts

Phase II: GSFS Network shares trading on the Frankfurt Stock Exchange

GSFS will register & begin trading on the FSE.250,000 free devices will be distributed to targeted gambling & gaming sites for distribution to their customer base

Phase III: Non gaming ICT usage

Deploy MPTA/ SuperMouse through partners such as Amazon.com and eBay

Roll Out Strategy

Page 15: Online PIN pitch

Exit Strategy

• Registration of GSFS Network Trust Company AG on the Frankfurt Stock Exchange.

• Reveal a new industry of Internet Consumer Terminals and online PIN debit transactions

• Begin trading GSFS stock

Page 16: Online PIN pitch

GSFS Network

to raise $350,000(Company will be staffed during Pre IPO phase)

$60,000 raised since this February 1st. Require $350,000 in seed capital to hand assemble MPTA prototypes for pre IPO demonstration of Internet PIN debit. 90th day of trading exit option for seed capital participant to recover seed capital plus an additional 10%.

The Deal.

Page 17: Online PIN pitch

• Receive Registered GSFS shares• Options• 2 years revenue sharing• 90th day of trading exit option

We have raised $60,000 since we began on February 1st this year

Seed Capital Participants

Page 18: Online PIN pitch

GSFS :Introducing A New Industry

• Internet Consumer Terminals - ICT• Online Consumer Card Present Technology• Consumer Payment device that converts a Blackberry,

iPhone, Droid, or PC into a consumer terminal• SuperMouse converts Mouse into consumer terminal• End To End Encryption & Processing• Maximized Safety From Identity Theft• Savings To Merchant Processing• Ability To Transfer Funds In Real Time

Page 19: Online PIN pitch

• The online marketplace currently does not offer consumers or gamers card present PIN debit real-time transactions –

no competition

• Possible partnering opportunities with payment processing services such as Neteller, PayPal and Google Checkout to enable their global customer base the option for real time exchange of cash PIN debit transactions.

Competition & Partners

Page 20: Online PIN pitch

• 12 million Warcraft members• 100,000 members use PIN debit to send $20 Tournament entry fee

Recurring Instant Revenues

for GSFS Network processing!

We will contact Blizzard Entertainment in Irvine, CA and propose that they deploy free MPTA devices to an initial group to use their MPTA to sending $20 within one week to enter a special tournament.

GSFS Network generates 6% of that fee deducted from Blizzard.

Game Tournament PIN debit entry

Page 21: Online PIN pitch

Summary

• GSFS will introduce a new industry called Internet Consumer Terminals

• This technology does not exist today on the Internet and will allow consumers to wager online in real time for gaming, gambling, and lottery, as well as non gaming

• The same Mobile Phone Terminal Adaptor or SuperMouse

can also pay a mortgage just in time by PIN debit

• Our company will enter the marketplace distributing Mobile Phone Terminal Adaptors and SuperMouses to the largest gaming & gambling communities giving us an immediate customer base & revenue producing model

• We will provide rock solid security with increased identity & transaction security for consumers and merchants

• We will lower online transaction costs for consumers & merchants

• We will open up global markets with real time money exchange direct from the consumer

Page 22: Online PIN pitch

Our Management Team:

Our Company

Vicki Sturiale: Extensive corporate experience turning vision President, Founder and strategy into actionable plans.

David Feldsher: Extensive demonstrated experience in planningExecutive VP, Founder and implementing business opportunities.

Oded Ashe: Extensive demonstrated background Executive VP in company organizational matters.Administration, Founder

GSFS Network will officially exist when we have completed our purchase of the Swiss Trust. The initial management team of GSFS Network will be Oded Ashe, Vicki Sturiale and David Feldsher, whom are partners in GSFS LLC., which is the holding company currently purchasing the Swiss Trust. We are searching for a credible CEO to lead the company.