There’s no credit card or banking information exchanged, and there are no delays! The moment the customer approves, the merchant gets paid – in REAL-TIME – on Genie Gateway’s closed loop payment system. Customers immediately get a text message requesting their authorization. They enter that information into their Genie Tablet and one click completes the sale. Merchants ONLY need the customer’s cell phone number and the dollar amount of the purchase. Thomas Skala continued, “GenieCard holders can now pay for goods and services simply by giving merchants their cell phone number – as the new way to pay. Genie Gateway CEO, Thomas Skala explained that, “Providing Underserved and High Risk Merchants with the combination of their own GenieChecking account joined with the ability to receive real-time payments from their customer’s GenieCard or cell phone number is the most powerful tool for closing sales, face-to face, on the telephone, or online”. The service is based on their recently filed provisional patent of their invention for real time transfer of funds from a Customer’s GenieCard to their Merchant’s GenieChecking eWallet, using only their cell phone number as the new way to pay. Payment processing innovator Genie Gateway announced its plans today to extend a new payment technology serving traditionally underserved and unbanked merchants. Genie Gateway Introduces its Patent Pending, Closed Loop Real-Time Payment System, for High-Risk and Underbanked Merchants Thomas SkalaLAS VEGAS, NEVADA, USA, Septem/ / - For Immediate Release
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |