Genie Gateway CEO Thomas Skala went straight to the point in a recent presentation.
“While trying to make our product as simple as possible, I’ve been asking people four questions. Almost everyone answered the same way, and I bet you will too:
‘Do you have a credit card?’ ‘Yes.’
‘Do you know the number?’ ‘Sorry no…’
‘Do you have a cell phone?’ ‘Sure.’
‘Do you know the number?’ ‘Of course.’
“I rest my case.”
The “case” Skala was talking about is for the Genie reloadable GiftCard, a new system designed for people who want a friendly and secure way to pay for their purchases. This service is very simple: customers use their cell number to pay for their shopping. Customers can get the service with NO activation or monthly fees through participating merchants, and can use any of five different ways to load funds to their Genie GiftCard.
Following is a sample button to a GiftCard application:
“Cardholders use their cell phone number as a single identifying number to pay the merchant, in real-time, with complete security“, Skala continued.
Mark Newgreen, Genie Gateway CFO, said “The Genie GiftCard is a closed loop system, which for the cardholder’s convenience, can be loaded with any of the five following ways; from the cardholder’s credit card, with Check22, from any bank’s bill pay program, email us a check, or the old fashioned way, just simply drop a check in the U.S. Mail.”
Stuart Scamman, Genie Gateway’s CTO elaborated. “As long as you can remember your cell number, you can make payments face-to-face, online or by phone, anytime. And because you do not provide any of your personal financial information at the time of purchase, you are much safer.”
“The Genie GiftCard itself is essentially a cell phone number unified on our platform with applications, merchants and their customers,” said Genie Gateway COO, Randall Skala, “I think it is very exciting to be able to walk into a merchant’s store or use their web site, select something I want to purchase, and just give the merchant my cell number which they enter into their virtual point of sale terminal. I immediately get a text asking me to approve the purchase. When I approve, the merchant is paid instantly. And unlike a traditional or prepaid credit card, I have to approve every transaction separately on my cell phone, in real-time, so no one can pretend they’re me.”
Robert A. Peisner, President of Worldwide Merchant Services, Inc. offered… “Amazon, Walmart and Target invested a great deal of money to create their own store-exclusive gift card. But how can customers find the same sort of service with smaller niche merchants, who can’t spend that sort of money? Now they can, with the Genie GiftCard! The Genie GiftCard technology can open the pathway between customers and hundreds of qualified Merchants at no additional cost.”
Jonathan Imm, Executive Director of Globility Link Inc., added, “I remember the good old days when my favorite merchants had their own store gift cards. Well, those ‘good old days’ are back, stronger than ever. Now any of your favorite merchants can upgrade FREE of charge with a gift card program for their own customers, and they can implement in a few days. It only took me one call to upgrade my merchant account with the GiftCard features. I was ready to make a sale the same day using this exciting new service.”
About Genie Gateway – www.GGWY.Info
Genie Gateway (U.S. OTC: GGWY) – holds the Key to Unlocking a Wide-Open Opportunity by using its patented technology to create a unique environment where customers can communicate and send or receive payments globally in real-time, by integrating Telecommunications, eCommerce, Cable TV and High Speed Internet into a Unified Solution on asingle platform.
Genie Gateway focuses on the “low hanging fruit” of un-banked and underserved businesses and consumers that want a fully rounded presence on the internet and by phone, without the cost and complexity of the build-it-yourself approach. By consolidating merchant services, Telecommunications, Cable TV and High Speed Internet providers, Genie Gateway’s forward-looking platform blends the products and services needed to operate a business – traditionally purchased from several vendors – into one seamless service.
Genie Gateway is a U.S. registered company trading over the counter under the symbol GGWY.
Genie Gateway has two operating subsidiaries, Summit Digital Inc., and Genie Gateway:
Summit Digital Inc. is a Multi-System Operator providing Cable TV, High Speed Internet and related services, targeting rural communities as specific high-growth markets within the Cable Television and high speed internet industry.
Genie Gateway is a forward-looking unified communications and payment processing platform that blends the products and services needed to operate a business, traditionally purchased from several vendors, into one seamless service.
Company Name: Genie Gateway Press
Contact Person: Tom Scott
Phone: (888) 207-0432
Address:4570 South Eastern Avenue – Suite 26-221
City: Las Vegas
State: Nevada 89119
Country: United States