Benefits to Key Constituents
Vendors
Consumers
Consumers
- Faster payments (instant)
- Eliminates or reduces POS charges
- Eliminates or reduces credit card fees
- Touchless
Consumers
Consumers
Consumers
- Greater security
- Convenience
- Current rewards systems available
- Lower credit card fees (transaction and/or finance fees)
- Touchless
Partners
Consumers
Partners
- Increased sales of their primary business product (mobile devices, telecommunication, and/or advertising)
- The ability to customize their offerings and charges (i.e., full, reduced or no fees) across vendors and consumers as the licensee and/or buyer as outlined above sees fit
- The ability to capture significant data