| March 17 & 18, 2008 | Midwest Venture Summit | |
| On line registration is now closed. On site registration will be available on Monday, March 17 at The University of Chicago Gleacher Center and on Tuesday, March 18 at the Sheraton Chicago Hotel & Towers. The cost to register is $599.00 | ||
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Payment Pathways, Inc.
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Internet: |
www.paymentpathways.com |
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Address: |
200 S. Wacker Drive, 15th. floor
Chicago, IL |
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Contact: |
Richard J. O’Brien, President and CEO |
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Phone: |
312/346-9400 |
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Fax: |
312/276-8810 |
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e-Mail: |
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Greenlist®provides the ability to make secure Person-to-Person
payments without divulging your bank account information.
Greenlist®safeguards private financial information by resolving
one’s name, address and phone number into a safe payment
address that can only be used to receive funds.
Privacy is difficult and inconvenient to protect and many
consumers are too fearful to pay electronically. When they
have to, they pay exorbitant instant payment fees.
Greenlist®is a more convenient way to transact instant payments
while giving a greater sense of security and confidence than what
today’s payment options provide. Banks will offer instant payment
services to win new accounts. Person-to-Person, Bill-Pay and
Rebate Payments are just some of the instant asset transfer
applications banks can enable with Greenlist®.
The Greenlist® beta application will be deployed in the next few
months. The design has been vetted to regulators. The demand
is identified. The cost is justified. Bank participants are committed.
More importantly, as banks recognize that while Greenlist®works
for a single bank on its own, it also provides a necessary frame-
work to involve the entire banking community in delivering a host
of new services based on their trust relationships with their
customers.
Up to $200M of Paypal’s profits can be reclaimed and up to half
of Western Union’s bill-pay business can be captured. With 3
billion P2P transfers and 10.7 billion yearly ATM transactions,
instant electronic transfers are game changing replacements of
cash and check payments.
PPI earns $0.35 per Greenlist® transfer. Greenlist®registrar
licenses are sold via its master licensees: ATM Networks. Key
clients include: a top 20 bank, a top 150 bank, a top three
ATM network, and a top three core-processor.
PPI projects annual revenue of $10 million within the next
three years and cash flow positive within the first 2 years.
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