| Overview | |
| Xcellink International Inc. is the developer of a patented business process that provides a universal automated transaction, payment and delivery system that achieves all the functions of a business transaction by means of messages initialised from a mobile phone, PDA or similar fixed phone that serves as a customer or user terminal. The Company was established to develop and commercialize intellectual property it developed over the last decade relating to automated data interchange between customers (buyers) and merchants (sellers) over local, wired or wireless electronic links. Xcellink has the potential to become a major player in the next generation of customer payment systems. This market is expected to be worth billions to the organizations that control it. Xcellink's patented system has the potential to replace all credit, debit, charge and smart cards, providing all functions of order, warehousing, delivery and payment for all types of goods and services in a customer-centric manner that is more efficient, economical, and secure than systems operating today. Building from existing technologies such as mobile phones and wireless digital networks, and exploiting the techniques associated with secure messaging systems, Xcellink's unique process enables customers, rather than the merchant, to initiate, control and pay for all transactions, without the need for credit cards, in real-time anywhere, anytime, and at a fraction of the cost of current transactions. The concepts behind Xcellink evolved from the mobile EFTPOS world of the late 1990s in Australia, with the founder of Xcellink recognizing that a mobile phone could theoretically be used as a personal ATM. A project to document that realization forecast many trends that are now manifesting themselves. It also resulted in the award of patents all over the world for the critically important feature of the customer-centric E-Commerce system described briefly above. Xcellink International Inc. has the potential to gain exceptional revenue by implementing or administering a global customer-centric system with revenue coming from:
Xcellink can exploit all those areas and share the growth rates that are implied. And there is no indication that any of these statistically growing areas are even close to levelling out for years to come. By patenting key components of the customer-centric payment system, Xcellink has put itself in a very strong position to create significant shareholder value. | |
