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priority onenetworkempowering merchants empowering members
PRIORITY ONE NETW
ORK GROUP LIMITED
POWER OF ONE
priority onenetworkempowering merchants empowering members
PRIORITY ONE NETW
ORK GROUP LIMITED
POWER OF ONE
08 September 2011Company Announcement OfficeAustralian Securities Exchange Limited
By: eLodgement
ASX Release 08 September 2011
GoConnect Limited (ASX: GCN) and Priority One Network Group Limited joint venture collaborate with Ezybonds (UK) PLC (EZB:PZ) and Ezybonds Inc payment platform to offer consumers a 0.50% fee exclusively for online transactions along with free currency conversion
Respective directors agree that the inclusion of Ezybonds highly competitive online transaction fee structure within the the GoConnect/Priority One Network Group Joint venture strengthens the commercial proposition of the joint venture to merchants and consumers and provides further confirmation of its holistic approach to the merchant/consumer dynamic.
Empowering Merchants to Empower Members
launches its platform in direct competition with competitors
To complement its corporate strategy directors of GoConnect, Priority One Network Group and Ezybonds (UK) PLC (EZB:PZ) and Ezybonds Inc. will utilize the Ezybonds Payment platform to offer a compelling, highly competitive online payment platform to consumers.
Under this arrangement, GoConnect Limited plans to implement the payment system within its IPTV and Smartphone platform(s) enabling Priority One Network members, merchants and customer relationships to benefit from this highly competitive fee structure.
Ezybonds have agreed to offer all parties to transactions facilitated on its platform a rate of 0.50% of the value of the online transaction. This fee offers a significant discount to the global average online transaction fee of between 2.00% and 3.00%
Increasing migration to online purchasing or ‘e-commerce’ in addition to a highly competitive fee structure position the collaboration well to capture global market share.
GoConnect LimitedACN 089 240 353
Suites 1-3, Ground Floor107-111 High Street
Prahran VIC 3181Australia
Tel 61 3 9993 7000 Fax 61 3 9993 7099
Priority One Network Group LimtedABN: 92 149 674 484Suite 11371 Queens Road Melbourne VIC 3004 AUSTRALIA Tel +61 3 9863 9557Fax +61 3 9863 9556
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priority onenetworkempowering merchants empowering members
PRIORITY ONE NETW
ORK GROUP LIMITED
POWER OF ONE
priority onenetworkempowering merchants empowering members
PRIORITY ONE NETW
ORK GROUP LIMITED
POWER OF ONE
in conjunction with Priority One Network Group Limited is a global multi-currency payment system designed to securely transfer funds via the internet, mobile phone or POS terminals. With a Priority One account, members are able to:
• Trade in multi-currency accounts.• Deposit cash.• View real time account balances and transactions.• Withdraw funds at any time.• Transfer funds by email, SMS text, cash pins or Cash cards.• Upgrade existing membership levels.• Earn significant referral commissions.• Pay customers, suppliers, merchants, friends, companies.• Participate in free Priority One Network cash dividend draws.
Significantly, the Priority Account has been successfully integrated with a Cash card processing solution that seamlessly transfers funds held in both virtual Cash cards and physical Cash cards.
MembersPriority Account
MembersCash Card
ATM
Cash Discount
Purchase Goods
Fund
ing
Opt
ions
BPay
CashCards
Priority Account
Bank Account
PriorityPins
MerchantPOS Terminal
Merchant Online
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sona
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priority onenetworkempowering merchants empowering members
PRIORITY ONE NETW
ORK GROUP LIMITED
POWER OF ONE
priority onenetworkempowering merchants empowering members
PRIORITY ONE NETW
ORK GROUP LIMITED
POWER OF ONE
Further, reports regarding the size of on-line transactions demonstrate the enormous potential of providing a highly competitive platform
Accoding to a recent annual report from Goldman Sachs that the transaction value of global network marketing will amount to USD $963.0 billion in 2013 with the average growth of 19.4% per year. The US Investment Bank expects that sales value of online retail will hit USD $235.3 billion in the coming three years with the average growth of 12.4% pa
In terms of electronic payment, now the electronic payment industry is entering into a period of high-speed development. Transaction value of global electronic payment amounted to USD 420 billion in 2010. It is expected that the transaction value of global electronic payment market will hit USD 500 billion in 2011.
About www.ezybonds.com
Ezybonds Inc. is the software developer and intellectual property owner of the Ezybonds Global Payment system together with all associated domain names and trade marks.
Ezybonds Inc. has successfully developed an online account management and payment system enabling members to withdraw, deposit and transfer funds [via internet, SMS or security coded cash pins] to or from any Ezyaccount, credit card, debit card or bank account in real time.
The system is quick to integrate and simple to use. It is an inexpensive solution for those members wanting to implement a loyalty reward program [via an Ezyaccount or branded debit card] or simply paying or receiving funds to or from their customers, suppliers and employees.
Members’ referral commissions, free Ezybonds cash dividends and loyalty reward programs are seamlessly integrated and electronically processed.
Ezyaccounts takes less than two minutes to set up. At any time, members may elect to upgrade their memberships [for an administration charge] to participate in regular Ezybond cash dividends, reduce credit card & debit card transaction fees and earn loyalty reward points.
Ezybonds (UK) plc.Ezybonds (UK) plc is the official marketing company of the Ezybonds Global Payment system. It is a company incorporated in the UK and is publicly traded on the London based Plus Markets Group exchange. The latest company reports, financial information, brokers’ reports and real time share prices are available at www.plusmarketsgroup.com
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