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Description of Service
 

The Payment Processing Services market is a dynamic one, where the constantly changing payments landscape of domestic and international merchants, service providers, evolving technologies, financial institutions and regulatory bodies drive changing market demands which in turn create new market opportunities.

WorldNet TPS have identified a new niche within the Payments market, where the convergence of emerging business demands and new technologies has created an opportunity for the deployment of enhanced international payments services, offering significant advantages over the current market offering.

This opportunity is for the provision of a Full Service Offering, incorporating both payment processing requirements of merchants, and enabling them to support revenue-generating Value Add Service.

While there are many suppliers of Payment Processing services to the merchant sector, WorldNet TPS have identified an emerging opportunity to provide both standard Payment Processing services and Value Add Processing Services to the merchant as a Full Service Offering, on an international scale, thus, converting an existing cost to the merchant into an attractive new revenue stream.

By enabling this Full Service offering to operate over the dormant capacity available to the majority of merchants in their broadband infrastructure, means that the WorldNet TPS Service operates faster, and more securely, than any existing services.

The key to the opportunity is that while the Payment Processing market operates off tight profit margins, the margins available from Value Add Services are an order of magnitude larger. By combining both Payment processing and Value Add Services, WorldNet TPS can offer merchants an overall package which traditional, largely domestic, Payment Providers will find difficult to match.

Maintaining a payment processing infrastructure for the acceptance of card payments has always been seen as a cost by the merchant community. Now, by utilizing the WorldNet TPS solution, merchants can utilize this infrastructure to gain access to untapped revenue streams, enabling them to convert the “Point of Sale” into a “Point of Profit” through the deployment of ‘value-added’ services.

 
 
 
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