Singapore Patent No. 164153

Singapore Patent No. 164153 “ Buy anything online for less.”

Pay Flow Overview ,[object Object],Credit Cardholder Online Merchant Credit Card Purchase Cash < Credit Purchase Item/Service Selected by the Consumer Patent Licensee

Singapore Patent No. 164153 ,[object Object],[object Object],[object Object]

Pay Flow Sequence ,[object Object],Information Value Licensee 1. 2. Consumer Consumer Online Merchant Online Merchant Credit Cardholder Credit Cardholder Item Info, Terms, and $ transfer Agreement on Terms

Pay Flow Sequence Continued ,[object Object],5. 4. Consumer Consumer Consumer Online Merchant Online Merchant Online Merchant Credit Cardholder Credit Cardholder Credit Cardholder Cardholder pays for item using credit card Item Ships The Licensee, after confirming payment, transfers $ < than credit card purchase to Credit Cardholder

Pay Flow Sequence Continued ,[object Object],Consumer Credit Cardholder Online Merchant The Licensee remits a portion of the money deposited back to the consumer, and keeps a portion for itself.

Market ,[object Object],Pay Day Loan Customers Credit Cardholders *57% have a major credit card. Est. Over 40 Billion in payday loans annually. Source “Community Financial Services Association of America” (CFSA), www.cfsa.net

Market ,[object Object],[object Object],Loan Seekers Credit Cardholders Online

Online Competition ,[object Object],[object Object],[object Object],[object Object],Customer need: Cash Credit Card Offering Licensee Licensee’s Strategic Advantage

Offline Competition ,[object Object],[object Object],[object Object],[object Object],Customer need: Cash Payday Loan Offering Licensee Licensee’s Strategic Advantage

Marketing/Distribution ,[object Object],[object Object],[object Object],[object Object]

Singapore Patent No. 164153

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Singapore Patent No. 164153