Centerl Coin

To capture and capitalize on the ever-expanding group of on-line consumers, internet based companies have been extensively searching for alternative payment methods to complete the valuable sales cycle. Various regulations and technical obstacles have made the search complex, and at times frustrating. Internet based companies require payment options that offer reliable, quick and secure solutions coupled with a substantial and growing customer base.

Fears of identity theft and fraud have today's internet users wary of using their credit cards and providing their personal information to online merchants. This results in lower participation levels by a large group of prospective consumers. CentralCoin offers these individuals a secure, private and flexible way to purchase online, thus eliminating any fears associated with online purchasing, and effectively restoring consumer confidence in online payments.

CentralCoin is an exciting, innovative online payment solution for internet based businesses. CentralCoin connects Internet users and Merchants by providing a quick, secure and reliable system to transfer cash over the web. CentralCoin's existing database of registered, screened and qualified users will provide merchants with an invaluable launching pad to expand their internet business.

Features and Benefits

Multiple Deposit Options - Consumers can now choose to fund their CentralCoin account via bank transfer, Visa or directly from their US-based bank accounts. For Canadian consumers, a Canadian ACH service is coming Fall 2003.
Instant ACH!!! *NEW* - Banking transactions can be processed instantly using Instant ACH- no more waiting 3 days for transactions to clear.
CentralCoin Cash Card *NEW* - CentralCoin Cash Card is a debit card designed to provide flexibility when making purchases at POS locations and for making ATM withdrawals. Funds can be loaded to the card using a CentralCoin account. Consumers will have instant access to their money, 24 hours a day, 7 days a week.
CentralCoin VIP International Visa Electron Card - CentralCoin is offering it's customers a Visa Electron card that can be used at electronic merchants, and for cash withdrawals at ATM machines worldwide. As an added bonus, Visa Electron cardholders benefit from valuable Travelbux dollars can be redeemed towards a dream vacation.
Credit Payouts - Merchants will now be able to send credits to a consumer's CentralCoin account
Lower Chargebacks - CentralCoin uses its proprietary fraud tools and databases to screen out fraudulent users and save you valuable dollars and anguish by averting chargebacks.
Merchant Reporting Tools - CentralCoin gives you the ability to view, download and ultimately manage all your financial transaction data.
Quick Integration and Setup: Merchants who are integrated with Gateway are already setup to accept CentralCoin
Enhanced Fraud Control & Data Scrubbing: New checks have been introduced to minimize instances of fraud and maintain data integrity.
Payment Connexions Integration: CentralCoin takes of the new functionality and flexibility offered through Gateway Financial Services' Payment Connexions product (www.paymentconnexions.com)
Extended Customer Service Hours:
o Monday – Thursday: 8.30 am to 5:00 pm (EST)
o Friday: 8:30 am to Midnight (EST)
o Saturday & Sunday: Noon to Midnight (EST)

New Pricing: New competitive pricing structure for both merchants and consumers