As mobile commerce develops, it is essential that a reliable, safe, seamless and secure transaction payment system be in place. The CyberMoney® vision is to participate in the following emerging niche of mobile payment solutions:
Seamless Mobile Transaction Payment Authentication and Processing
CyberMoney® is building a seamless, mobile transaction payment system for Internet enabled mobile devices and the point-of-sale (POS) transaction sales channels. CyberMoney® believes that secure, user-authenticated, value-enhanced Internet transactions will increase through the development of the CyberMoney® front-end software application enabling end-to-end, mobile-to-POS mCommerce payments (the "CyberMoney® Mobile Payment Solution"). CyberMoney® believes individuals and businesses will be attracted to the CyberMoney® Mobile Payment Solution because of it's:
- Ease of use for customers and merchants
- Multiple device platforms
- Operation in 3G, 4G and 5G mobile IP environments
- Compliance with U.S. and international financial standards
The CyberMoney® Mobile Payment Solution also includes global currency conversion features, which allows payments converted or settled into selected currencies. While not acting as a foreign exchange bank per se, CyberMoney® will allow customers to exchange and convert international currencies through the CyberMoney® account connectivity. The CyberMoney® Mobile Payment Solution will increase international appeal because customers will be able to convert their domestic currencies into other currencies while engaged in international financial and POS transactions.