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2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com1
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com2
“All the crypto fortunes amassed
are good for nothing
if they can’t be spent
or cashed out for values
that can actually be spent in the real economy.”
WHAT IS THE LAST MILE ISSUE
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com3
WHAT IS THE LAST MILE ISSUE
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com4
WHAT WE NEED
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com5
WHAT IS THE LAST MILE ISSUE
WHAT WE HAVE
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com6
WHAT IS THE LAST MILE ISSUE
VISA official Statement:
LAST MILE ISSUE ROLEMODEL:
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com7
OUR NEW APPROACH – IS A NETWORK OF NFC TAGS
For the Crypto economy to work
we need to close this GAP
between
CRYPTO ONLINE ONLY TRANSACTIONS
WALLETS , TRADING, EXCHANGES…
CONSUMERS
ISSUE: POS TERMINAL HARDWARE
ISSUE: BRANDED VISA/MC CARDS / SHIT
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com8
OUR NEW APPROACH – IS A NETWORK OF NFC TAGS
WE BUILD AN INDEPENDENT
ACCEPTANCE NETWORK
We shifted the payment processing
onto the client´s device
Tap & Go but without a POS terminal
INEXPENSIVE
SCALES MASSIVLY
RUNS ANYWHERE: RURAL / EMERGING
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com9
We map those IDs in our system
to merchant´s places, shops,
restaurants, casinos, cabs…
Customers pay in-app. Done.
EACH PAYTAG CONTAINS A UNIQUE ID
PLACE OUR PAYTAGS
((NFC)) INTO ANY STORE
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com10
1 S c a n Pa y Ta g b e l o n g s t o : Z a n z i b a r B e a c h & Re s t a u ra n t
2 C u s t o m e r p a y s I N A P P
3 We s e t t l e t o t h e o w n e r o f t h e Ta g : Z a n z i b a r
m e t a d a t a : U s e r 1 7 , p a y e d a t T a b l e 1 2 , 1 8 : 3 0 , E T H u s e d ,
W i l l e m s t a d , C u r a c a o , v i s i t e d 3 t i m e s , …
R E S T A U R A N T
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com11
TRANSITION OFFER
CRYPTO
Get FIAT
PAY IN
INSTANT AT CURRENT RATE
SETTLE THE MERCHANT IN FIAT
Revenue Model
SIMPLIFIED
Merchant´s are only billed for processed
transaction on their tags
No hardware costs
No monthly fees
Pay by wallets / crypto – receive EUR/USD
or pure Crypto to Crypto options
Fallback: Pay by cards Visa / MC / DC
REDUCES COMPLEXITY AND RISK
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com12
We have the power to grow exponentially.
Paymagnet scales automatically, depending
on load.
The backend, keeps track of transactions,
• stores meta-data about devices,
• provides reporting capabilities,
• configures settlement / reconciliation,
• offers real time notifications,
• maps PayTags to locations, online.
We run on a fully PCI DSS certified cloud
environment.
WE SCALE IN SOFTWARE
SCALE , SCALE, SCALE
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com13
Square
ApplePay
PayPal
iZettle
MasterPass
Paymagnet
W o r k s
w i t h o u t
t e r m i n a l s
/ a d a p t e r s
W o r k s
i n s t o r e s ,
c a b s ,
c a s i n o s
S u p p o r t s
C r y p t o
c u r r e n c i e s
E T H / B T C
R o l l o u t
c o s t s
b e l o w
0 . 5 0
U S D / m e r c h a n t
What Competition ?!
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com14
Where
are
we
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com15
The Core
PAYMAGNET
C E O
M a r t i n G l e t t l e r M . S c
E x p e r i e n c e d I T - C E O
B a n k i n g / S e c u r i t y
L a r g e S c a l e I K T
S a n t a n d e r , A 1
T e l e k o m , T - S y s t e m s ,
M i n i s t r y o f I n t e r i o r ,
G o v C E R T , F e d e r a l
c h a n c e l l e r y A u s t r i a
C O O
T h o r s t e n
G u g g e n b e r g e r M . S c
E x p e r i e n c e d I T - C O O
N e g o t i a t o r / C o n t r a c t s
D i n e r s c l u b
A i r p l u s
A l c a t e l
H E A D O F I T
C h r i s t i a n Z ö c h m a n n
I T P r o f e s s i o n a l
S E - Q u a l i t y A s s u r a n c e
P o r s c h e I n f o r m a t i k
T - M o b i l e , …
2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com16
RUNS ANYWHERE
No Pos terminal
infrastructure requirement
99%
PAYMAGNET
Why Paymagnet is unstoppable
0.20 cents per PayTag
ULTRA LOW COST
Pay in CRYPTO
Settle in FIAT
“TAP & GO “
CUSTOMER
EXPERIENCE
SUPPORTS
INEXPENSIVE
PHONES
WE BUILD
OUR OWN
ACCEPTANCE
NETWORK

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Paymagnet - mPOS accepting crypto - Malta Blockchain Summit

  • 1. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com1
  • 2. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com2 “All the crypto fortunes amassed are good for nothing if they can’t be spent or cashed out for values that can actually be spent in the real economy.” WHAT IS THE LAST MILE ISSUE
  • 3. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com3 WHAT IS THE LAST MILE ISSUE
  • 4. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com4 WHAT WE NEED
  • 5. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com5 WHAT IS THE LAST MILE ISSUE WHAT WE HAVE
  • 6. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com6 WHAT IS THE LAST MILE ISSUE VISA official Statement: LAST MILE ISSUE ROLEMODEL:
  • 7. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com7 OUR NEW APPROACH – IS A NETWORK OF NFC TAGS For the Crypto economy to work we need to close this GAP between CRYPTO ONLINE ONLY TRANSACTIONS WALLETS , TRADING, EXCHANGES… CONSUMERS ISSUE: POS TERMINAL HARDWARE ISSUE: BRANDED VISA/MC CARDS / SHIT
  • 8. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com8 OUR NEW APPROACH – IS A NETWORK OF NFC TAGS WE BUILD AN INDEPENDENT ACCEPTANCE NETWORK We shifted the payment processing onto the client´s device Tap & Go but without a POS terminal INEXPENSIVE SCALES MASSIVLY RUNS ANYWHERE: RURAL / EMERGING
  • 9. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com9 We map those IDs in our system to merchant´s places, shops, restaurants, casinos, cabs… Customers pay in-app. Done. EACH PAYTAG CONTAINS A UNIQUE ID PLACE OUR PAYTAGS ((NFC)) INTO ANY STORE
  • 10. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com10 1 S c a n Pa y Ta g b e l o n g s t o : Z a n z i b a r B e a c h & Re s t a u ra n t 2 C u s t o m e r p a y s I N A P P 3 We s e t t l e t o t h e o w n e r o f t h e Ta g : Z a n z i b a r m e t a d a t a : U s e r 1 7 , p a y e d a t T a b l e 1 2 , 1 8 : 3 0 , E T H u s e d , W i l l e m s t a d , C u r a c a o , v i s i t e d 3 t i m e s , … R E S T A U R A N T
  • 11. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com11 TRANSITION OFFER CRYPTO Get FIAT PAY IN INSTANT AT CURRENT RATE SETTLE THE MERCHANT IN FIAT Revenue Model SIMPLIFIED Merchant´s are only billed for processed transaction on their tags No hardware costs No monthly fees Pay by wallets / crypto – receive EUR/USD or pure Crypto to Crypto options Fallback: Pay by cards Visa / MC / DC REDUCES COMPLEXITY AND RISK
  • 12. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com12 We have the power to grow exponentially. Paymagnet scales automatically, depending on load. The backend, keeps track of transactions, • stores meta-data about devices, • provides reporting capabilities, • configures settlement / reconciliation, • offers real time notifications, • maps PayTags to locations, online. We run on a fully PCI DSS certified cloud environment. WE SCALE IN SOFTWARE SCALE , SCALE, SCALE
  • 13. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com13 Square ApplePay PayPal iZettle MasterPass Paymagnet W o r k s w i t h o u t t e r m i n a l s / a d a p t e r s W o r k s i n s t o r e s , c a b s , c a s i n o s S u p p o r t s C r y p t o c u r r e n c i e s E T H / B T C R o l l o u t c o s t s b e l o w 0 . 5 0 U S D / m e r c h a n t What Competition ?!
  • 14. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com14 Where are we
  • 15. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com15 The Core PAYMAGNET C E O M a r t i n G l e t t l e r M . S c E x p e r i e n c e d I T - C E O B a n k i n g / S e c u r i t y L a r g e S c a l e I K T S a n t a n d e r , A 1 T e l e k o m , T - S y s t e m s , M i n i s t r y o f I n t e r i o r , G o v C E R T , F e d e r a l c h a n c e l l e r y A u s t r i a C O O T h o r s t e n G u g g e n b e r g e r M . S c E x p e r i e n c e d I T - C O O N e g o t i a t o r / C o n t r a c t s D i n e r s c l u b A i r p l u s A l c a t e l H E A D O F I T C h r i s t i a n Z ö c h m a n n I T P r o f e s s i o n a l S E - Q u a l i t y A s s u r a n c e P o r s c h e I n f o r m a t i k T - M o b i l e , …
  • 16. 2 0 1 8 P a y m a g n e t . c o m A l l r i g h t s r e s e r v e d www.paymagnet.com firstcontact@paymagnet.com16 RUNS ANYWHERE No Pos terminal infrastructure requirement 99% PAYMAGNET Why Paymagnet is unstoppable 0.20 cents per PayTag ULTRA LOW COST Pay in CRYPTO Settle in FIAT “TAP & GO “ CUSTOMER EXPERIENCE SUPPORTS INEXPENSIVE PHONES WE BUILD OUR OWN ACCEPTANCE NETWORK