GoZwipe Mobile Point of Sale

GoZwipe Mobile Point of Sale

Project Cost: RM700,000

Amount Invested : RM300,000

Amount Required : RM200,000

Knowledge / Experience Required:
strategy
finance
sale & marketing

Proposed Investor’s Role: full time

Industry:
informatics / multimedia
internet
telecommunications

Project Stage: seed

EXECUTIVE SUMMARY:

Company History:
My company GoZwipe.com is developing a Mobile Point of Sales system compatible with all Android , Blackberry and iOS devices by enabling anyone to accept credit card payments with a smartphone. GoZwipe will be integrating a Collective Buying Model for users and merchants to increase sales and simplify the payment process. We are currently looking for angel investors and mentors for our startup. For your info., GoZwipe has signed an NDA with Maxis and Bank Rakyat to implement this revolutionary technology.

Product / Service Description:
My company GoZwipe.com is developing a Mobile Point of Sales system compatible with all Android , Blackberry and iOS devices by enabling anyone to accept credit card payments with a smartphone. GoZwipe will be integrating a Collective Buying Model for users and merchants to increase sales and simplify the payment process. Overview of our Mobile Point of Sale technology:
https://www.dropbox.com/s/ykj3dx2cu285oio/MIDAGoZwipe.pdf

Business Opportunity:
1.) Sales, Inventory and Data Analysis integration for offline and online payments
2.) To enable smaller merchants accept credit/ debit cards with ease.
3.) Cost efficient compared to traditional P.O.S system
4.) Mobility
5.) Cloud based Sales Data Tracking

Target Market- Hawkers, Cab drivers, restaurant owners, insurance agents, cash on delivery (courier companies).

Revenue Model:
GoZwipe absorbs a fee for every credit/debit card transactions.
The more merchants or bigger the transaction amount will add to the revenue amount for GoZwipe

Management Team: n/a

Current Status:
Malaysia. Invested RM300,000. We have applied for Cradle and the first round has been approved.

Funding Milestone:
first milestone: MOQ of 10,000 units of mPOS
second milestone: obtain Bank Negara approval for all mPOS device.
third milestone: Mass Marketing and merchant acquiring

Business Valuation:
10% for RM 200,000.

Expected Return On Investment:
40% per annum

Investment Risk and Mitigation: n/a

Exit Strategies: n/a

CONTACT INFORMATION

hooi lit chen ( terrence@optionxt.com)
Company Name: GoZwipe
No 6-2, Jalan PJS 8/12a, Dataran Mentari,
Bandar Sunway,
46150 , PJ, Selangor.
Malaysia
Telephone : 0133883040
Mobile: 0133883040

 

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