issi-link mobile payment (mobile wallet) deck
DESCRIPTION
ISSI-Tec is proudly announcing the invention of ISSI-Link™ Technology (Patent Pending) as a revolutionary solution in peer-to-peer, interactive, and continuous wireless data transaction. The technology can securely support any automated, and point-to-point wireless data exchanging application with no possible attack scenario. The company has actualized the unbelievable concept of point-to-point wireless data imprint through a %100 secure and fully reliable peer-to-peer communication system, while secretive or valuable data sets can be considered to be exchanged or modified interactively between two IT apparatus in any configurable application. By the employment of ISSI-Link™ technology we have invented unlimited subsystems and solutions, which prior to this were conceived unachievable. Additionally this extraordinary technology tool is capable to globally re-invent many major industries toward comprehensive economical objectives associated with green, clean, safe and secure advantages. Mobile Payment solution or in other words mobile wallet industry is one of ISSI-Link many applications with a huge market size. The ISSI-Link technology is a superior substitute for the current NFC mobile payment technology as it supports a 100% secure, reliable and continuous peer-to-peer transaction. With implementing this superior technology, users are able to complete any mobile-to-mobile, mobile to POS terminals, and mobile to ATM machines transactions without a need for carriage of any physical cards. In addition, this technology allows users to store their point/rewards cards as well as gift and payment cards into their phones to present and use them in only one transaction between their mobile phones and the POS terminals, finalizing the transaction with receiving merchant receipts on their phones. The technology also allows any merchant to accept payments from its clients without using a dongle such as the Square. ISSI-Link has the ability to introduce virtual cash or virtual bankcards as the ATM machines will be enabled to imprint virtual cash or cards to your mobile phones to use in any POS enabled terminals. The technology allows users to store and retrieve any physical cards including driving licenses, Health Care, payment, loyalty, gift, membership cards as well as any key or access fobs, each isolated of the other into their mobile phones. This invention can eliminate the issuance of any physical cards, paper money, and coins in a near future. We have traversed 80% of the technology development road and prototyped a multi-layer and multifunctional automation platform, which is exclusively capable to be deployed for all ISSI-Link subordinated systems and applications.TRANSCRIPT
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.