Date post: | 28-Nov-2014 |
Category: |
Technology |
Upload: | farhad-mehrabi |
View: | 545 times |
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Farhad [email protected]
ISSI-Link Mobile Wallet
We actualized the transaction of any mobile-to-mobile, mobile to ATM, Mobile to POS through a 100% secure and continuous wireless transaction link.
Problems/Opportunity
• Too many physical cards, paper money, and merchant receipts carriage!
Unfair Advantages
• No more physical cards.• Secure and reliable mobile wallet.• 100% secure peer to peer connectivity.• Continuous data exchange process. • Mirror-interfacing ability.• Data imprint ability(Card and Receipt imprint).• Pin code data entry capability. • No possible attack scenario.
Mobile to POS Transaction Process1. 2. 3.
4. 5. 6.
Market Size
• By 2017, the total value of global offline transactions facilitated by mobile devices will reach about $1.5 trillion.
• The ISSI-Link technology can potentially be integrated into more than 8 billion devices including mobile phones, ATMs, POS terminals, laptops, tablets, smart TVs, vehicle infotainment and navigations, and many more
Marketing And Sales
• We are seeking either a licensing or a joint commercialization agreement with a big player in the industry. This player must have enough power to enforce the technology.
Competition
Competitors We Can Do, they Can’t do They do, We don’t
Google Wallet
MasterPress(MAsterCard)
PayPal
Loop
- Secure Process- Continuous data exchange- Transfer loyalty and gift cards and receive receipt- Mobile to Mobile Virtual Cash Transfer- ATM to Mobile Payment Card Imprint- POS to Mobile Loyalty Cards Imprint- Mirror Interfacing Ability - Real time Payment Card’s Pin Code Entry
- Insecure Pin Code Storage - Need a third party to
increase security- One way data exchange- Amount limit on
transactions due to insecurity
- Support transaction of only payment cards (no support for loyalty, gift cards, or storage of receipt)
Management Team
• Reza Yazdiha– CEO & Head of R&D
• Farhad Mehrabi– Head of Business Development
• Iman Askari Bayazi– Project Manager & IT Specialist
• Tia Madhi– Field Marketing Specialist
Status and Milestones
• 80% of development is completed.• Simulation tests have been successfully
implemented.• We complete the first phase of technology
development in 6 months, which allows us to reach to a licensing or joint venture agreement with a key player in payment industry.
Financial Information
• Estimated Revenue by licensing mobile payment solution by 2018 = $4,048,900,000
• ISSI-Tec is seeking $600,000 in investment, which includes Technology development, Business Development, and International IP Protection.