Purchase ProxyEverything online for less.

Thisis You,

the Purchase Proxy deal

broker.

The Parties.

An online merchant, utility, etc., who accepts credit card payments.

A credit cardholder in need of cash.50% of all payday loan customers have a major credit card.

A consumer who wants a discount on a purchase, or bill payment.

Online merchant

Credit cardholder in need of cash.

Consumer with online banking.

The Parties.

You could require that some, or all, of the parties have a "verified PayPal account" to insure that the parties are using their true identities.

Additionally, you could have consumers, and/or credit cardholders, register with you and verify (in the "terms of use") that they are using their true name, date of birth, address, etc., and that they agree to use the service only for lawful purposes, etc..

You may need a license to transmit funds. However, these services could be outsourced (e.g. be paid peer-to-peer with PayPal, Stripe, etc.).

1.Consumer wants to buy a ring from the merchant for $1,000.00.

2. Consumer has $1,000.00 available to purchase the ring with an electronic funds transfer (EFT), online checking, or PayPal account.

3. Consumer wants to get the ring at a discount.

4. Consumer sends you the purchase information on the ring (and may send you $1,000.00 too).

Example

YouYou

Customer gives you the purchase specifics of the item (e.g. Ring) to buy.

The customer may specify a minimum acceptable discount. For example "I do not want to spend more than $975.00 for the $1,000.00 ring."

YouYou

Who want's to bid on Who want's to bid on a $1,000.00 a $1,000.00 purchase.purchase.

You email pre-registered money seekers, purchased leads, or otherwise advertise the available cash on your website.

General details can be posted publicly (e.g. Purchase amount, type of item (i.e. Ring), time left, etc.). Persons who are interested can log on to the website for further information.

YouYouI will accept I will accept $950.00.$950.00.

I will accept I will accept $980.00.$980.00.

I will accept I will accept $949.00.$949.00.

Credit cardholders bid.

AlternativelyOne or more credit cardholders can leave credit card information with you with standing orders.

For example: The credit cardholder may submit "For the next 24 hours, I allow my credit card to be used for any purchase of up to $500.00. I will accept a 10% discount."

So, in this case, any incoming consumer order that matches that range can be filled immediately.

Likewise, a consumer with a reoccurring bill (car payment) can place a standing order and discount amount (e.g. I will pay $775.00 for an $800.00 payment).

YouYou

You select and notify the winner (e.g. Credit cardholder who will accept the least amount of money) and consumer.

$949.00 $949.00 Wins!Wins!Terms met !Terms met !

YouYou

Online merchant

You make the $1,000.00 purchase for the consumer using the credit cardholder's credit card or PayPal account information.

Credit cardholder provides credit card, or PayPal account, info to you.

Info given

YouYou

Online merchant.

Cardholder makes purchase for the consumer.

ALTERNATIVELY

Merchant provides verification of payment/shipment to you.

YouYouVerify

shipment

Notify consumer.

Online merchant ships ring to consumer.

YouYou

Consumer pays $949.00 to Credit cardholder (e.g. via PayPal).

Consumer saves $51.00.

Credit cardholder receives $949.00 at his credit card's purchase interest rate, at an overall cost that is less than a payday loan or cash advance.

Alternatively, instead of you giving $51.00 to the consumer, you could give $25.00, because the consumer only requested a discount of $25.00. In this case you would keep $26.00.

ALTERNATIVELY

YouYouPay Credit Cardholder with Consumer's moneypreviously received.

Conclusion You earn revenues (e.g. membership fee, listing fee, etc.) from providing an online exchange where parties match their desire for a discount on a purchase/payment with a credit cardholder who needs cash. Consumers (including businesses) can save money on payments and purchases. You incur No bad loan risk.

Credit cardholders can receive cash in exchange for use of their credit cards (i.e. a synthetic cash advance) that is cheaper than other short term loan vehicles.

Credit card issuers can capture a portion of the payday loan industry's clientele (a multi-billion dollar a year industry).