Product Summary
Internet Privacy

Investor Relations

Business Summary

P2P Cash guarantees transfer of cash to any cellphone worldwide using a Secure (Patriot Act Compliant) Open Standard (SOS).  The P2P Cash Open Standard guarantees the transfer of cash between any two cellphones worldwide regardless of the carrier or communication network. The Secure Open Standard combines international banking standards (SWIFT/ATM/ACH/OFX Networks) with inexpensive worldwide communication networks (including voice and SMS) creating a more cost effective and convenient alternative to money transfer systems such as Western Union.

P2P Solves Two Major Consumer Financial Challenges: 1-International cash transfers are expensive and inconvenient. 2-Over 4 Billion consumers worldwide (50M in US alone) cannot send money, pay bills or buy online because they lack a credit card or bank account. With the P2P Cash International Cell-phone Monetary Standard, consumers can use their prepaid cellphone, debit or stored value accounts to send cash, buy merchandise and pay bills online.

P2P Solution: P2P Cash guarantees the cash sent to any cellphone worldwide. We reduce fraud to insignificant levels by leveraging existing cellphone and bank clearing systems with a secure tracking system. Our approach effectively turns 3 Billion cellphones into secure checking accounts or “eWallets”. The P2P Open Standard allows stored value networks to make online payments. The P2P Open Standard unites fragmented markets and reduces fees.  This enables micro-transactions and micro-finance via cellphones to provide economic benefit to the Western and third world simultaneously. P2P’s Solution allows 3rd World integration into the Western economy via existing wireless infrastructure.

B2B Target Markets: Provide cash transfer services to any cellphone worldwide to money transfer agents (i.e. Nexxar Group, etc.) in top 5 markets: Mexico, China, Russia, Philippines and India. These markets represent over half of the $300 Billion money transfer market. Secondary market:  online bill payment and purchasing via cellphone to unbanked populations in US and abroad through retail distribution networks (i.e. OXXO, etc.).

“Free eWallet” Marketing Strategy: Provide free “eWallets” to the customers of money transfer agents and wireless carriers in target countries. The “eWallet” guarantees identity verified consumer transactions while providing cellphone convenience.  Online merchant benefits: immediate settlement (like cash) and consumer marketing information at half the cost of VISA/MC processing. Tracking every transaction provides invaluable market information to P2P Licensees enabling targeted market campaigns to cell.  The risk of money laundering is essentially zero.

Business Model: 1% transaction fees each way to guarantee transfers and 2% on all foreign exchange. We freely distribute the P2P Open Standard and “eWallet”, but charge for tracking and guaranteeing all transactions between all compatible “eWallets” and online merchants.

Competition: Western Union dominates the cash transfer industry, but represents ONLY 16% of the market. Over 5,000 offshore banks and money transfer networks account for 80% of the cash transfer business. The P2P Open Standard provides these cash transfer systems the ability to send money to any cellphone worldwide and lowers their costs simultaneously. These agents represent our target market.

Adoption Model:  Carriers experience zero fee integration in a no-support required model and Consumers can utilize P2P Cash globally without carrier fees (Zero Adoption Fee Model).

Competitive Advantage:  P2P Cash has six major advantages:

  • Pricing – Low operating costs permit 50% cost reduction to money transfer agents/merchants

  • Distribution- P2P Open Standard turns every cellphone worldwide into a secure online banking node- perfect for the needs of growing third world where banking infrastructure lacks consumer adoption. 

  • Economic Advantage – Unites fragmented markets and baseline’s global competition.

  • Affiliate Program-P2P tracking system provides merchants with NEW market information

  • First Mover Advantage- Being first sets the standard. The P2P Open Standard will become THE Standard for sending cash to any cellphone worldwide.

  • Compliancy:  P2P Cash is Patriot Act and Anti-Money Laundering Compliant

The P2P Cash Open Standard greatly enhances any closed and proprietary stored value network by being the only method that can guarantee delivery of cash between closed networks. The Open Standard is protected by pending patents and other licensed patented technology.

Receiver acknowledges that all information contained herein is confidential and proprietary.