News Search Filter :
From Date :
To Date :
Results Per Page:

Company Search:
Company Name:
Symbol Lookup:
Results Per Page:

You are not registered on World Stock Wire.
[ Sign up for a Free Account ] [ Log in ]

Genie Gateway (GGWY), USA
2016-10-23 10:22:15 EST

Genie Gateway Implements the Next Step in Pay P2P

Las Vegas, , NV - (WORLD STOCK WIRE) - October 23, 2016 -- Genie Gateway (OTC: GGWY) announced that the company implemented its next step for Pay P2P, (Peer-to-Peer Payments). Pay P2P makes cash, checks, and credit card payments obsolete. It’s easier, and in many ways more secure, than carrying money in your wallet or purse. With P2P Payments buyers NO longer need to provide their credit card, or bank account information, to make a payment. Repeat customers ONLY need to enter their cell or Genie number, and “Click to OK” their purchase, when they receive a text message asking for their approval.

Thomas E. Skala, Genie Gateway’s CEO said “P2P payments have been around since the early 2000s but did not establish a strong foothold until recently. Part of this had to do with the ease of use, especially with the explosion of smartphone and all other internet enabled devices. Genie Gateway provides P2P solutions anytime with a simple click on the Pay–P2P icon on all internet enabled devices.”

“Pay P2P enables any Genie subscriber to P2P their payments, from any internet enabled device, anytime. To P2P subscribers can click on the P2P icon on any Genie Gateway, they can also download an APP, merchants can cut and paste the P2P icon to their own website, shopping cart, or monthly statements. P2P Payments are processed in real-time, and the merchant’s CashBox will be credited immediately with each payment.” explained Mark Newgreen, Genie Gateway’s CFO.

“Genie CashBox subscribers can send and receive P2P payments to and from all other Genie Subscribers using their cell phone. Simply visit the Google Play Store to download the Genie Gateway APP” stated Stuart Scamman, Genie Gateway CTO.

Tom Nix, President of Summit Digital, Genie Gateway’s cable TV subsidiary, explained that “the P2P on TV is a model where consumers can utilize a one click method, with their TV Remote Control, to send a payment to any other subscriber”.

Randall Skala, Genie Gateway, COO said “To P2P on the cell you need to be a current Genie CashBox, subscriber, your CashBox must have a sufficient balance to cover any payment you send via P2P and you will need the cell phone or Genie Number of the recipient of your payment. To watch the P2P User Guide video; click on the following link - http://www.GGWY.Info/PayP2P ”.

About the Genie Gateway – www.GGWY.Info

Genie Gateway (OTC: GGWY) - holds the Key to Unlocking a Wide-Open Opportunity by using its patented technology to create a unique environment where customers can communicate and send and receive payments, globally, in real-time through Telecommunications, eCommerce, Cable TV, and High Speed Internet, integrated on one platform into One Unified Solution.

Genie Gateway focuses on the "low hanging fruit" of un-banked and underserved businesses and consumers who want a fully rounded presence on the internet and by phone, without the cost and complexity of the build-it-yourself approach by consolidating merchant services, Telecommunications, Cable TV and High Speed Internet providers, Genie Gateway's forward-looking platform blends the products and services needed to operate a business - traditionally purchased from several vendors - into one seamless service.

Genie Gateway is U.S. registered company, trading on the U.S. OTC stock market under the symbol GGWY and filing regular reports with the U.S. Securities and Exchange Commission (SEC).

Genie Gateway has two operating subsidiaries, Summit Digital Inc., and Genie Gateway:

· Summit Digital Inc., is a Multi-System Operator providing Cable TV, High Speed Internet, and related services, targeting rural communities as a specific high-growth market within the Cable Television and high speed internet industry.

· Genie Gateway is a forward-looking unified communications and payment processing platform, blending the products and services needed to operate a business,

Thomas Skala
Genie Gateway
4570 South Eastern Ave.
Las Vegas, , NV 89119

Phone: 702-803-9000

Note: The following news is from Genie Gateway, and World Stock Wire, Inc. is not liable for the contents of this news.