online pin pitch
TRANSCRIPT
ICT: The Next Evolution of Internet Commerce
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”
• 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:
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
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.
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
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
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!
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
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
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
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
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
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
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
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.
• 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
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
• 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
• 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
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
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.