CDCOIN, Inc. provides Mobile Carriers with a competitive edge by enabling them to offer next generation Internet payment services. In todays mobile arena, the number of Internet enabled mobile phones is growing rapidly. The majority of mobile operators deploy Internet phone programs and an increasing number of their subscribers use them. CDCOIN’s m-Direct solution is the world’s first mobile "Pay Anywhere" solution, enabling payment to be executed at any mobile Internet site and eliminating the need for prior settlement relationships between the mobile carrier and the individual merchant.

The m-Direct platform can help you provide an innovative and convenient service by enabling your mobile subscribers to conduct one-click payments without the use of a credit card or having to submit any other personal payment details, by directly charging their monthly bills or a third party payment service provider.

CDCOIN’s m-Direct platform provides a universal one-click payment solution for online purchases, regardless of whether users access the Internet with an Internet enabled mobile phone or desktop dial-up service, or whether purchases are executed at sites hosted inside or outside of the carrier's own network.

For the first time, with CDCOIN m-Direct patented technology, Carriers do not need to concern themselves with establishing settlement relationships or clearing agreements with individual merchants. Subsequently, merchants do not need to install any special software and are totally uninvolved in the process.

This accomplishment is achieved by utilizing existing e-payment methods, clearing mechanisms and settlement relationships, which are already in place, while integrating seamlessly to the Carriers’ existing IT infrastructure with minimal impact.

With m-Direct platform, Carriers can leverage the billing relationships they have established with their subscribers to enhance customer relationships, reduce churn rates ????***** and increase revenue per user.

The CDCOIN m-Direct platform allows mobile carriers to:
  -Offer their clients a payment solution that is accepted at any mobile website
  -Generate additional revenue
  -Create added value e-Services for underage customers
  -Sustain and improve market share and reduce churn ??? rates
  -Enhance the carriers brand and improve image
  -Eliminate fraudulent exploitation

The Transaction Model

CDCOIN m-Direct technology is based upon a unique patented triangular transaction model. This structure enables the consumer to shop at any merchant website and, at the point of purchase, instruct his/her carrier to complete the transaction on his/her behalf and, subsequently, debit his/her phone bill. The consumer does not use a credit card, nor are any of his personal payment details forwarded to the merchant through the web -thus, protecting the customer from unauthorized viewing or fraudulent exploitation.

In a typical m-Commerce transaction, the purchaser has to pre-register with every merchant and submit his/her personal and payment details. Some mobile carriers offer direct payment services at web stores that are a part of their portal or with those which have a direct clearing relationship and agreements with the carrier.

In a typical CDCOIN m-Direct transaction the purchaser selects the goods for purchase at a merchant site via an Internet enabled mobile phone. At the point-of-payment, the purchaser is redirected to the m-Direct server. The carrier approves the available balance, debits the purchaser’s account and completes the payment process on the client’s behalf, using an existing payment method ??? that does not necessitate pre-registration??????***. The carrier is able to use all existing or future types of payment methods, thus allowing payments to be conducted to any merchant without the need for any form of prior settlement agreement with the merchant.

This model provides the ability to "pay anywhere" at any website, without pre-registration and significantly enhances transaction security and privacy.

The e-merchant accepts the Carriers’ standard payment method, without being able to view or store the customers’ personal payment details. The Carrier debits the consumers’ e-commerce purchases directly to their personal phone bill.