Update: Brankib Holdings Pty Ltd is in charge of
Post# of 5115
Brankib Holdings Pty Ltd is in charge of Power2process:
http://power2process.com/index.htm
Power2process has alliances with Connect2family and Alterna card services:
http://power2process.com/alliances.htm
Vista Bank (Empasys) is the Bank that issues the Connect2family prepaid debit cards:
http://connect2familyusa.com/terms-conditions-2/
The CYBK Mid Year Report:
http://finance.yahoo.com/news/cyber-kiosk-sol...00496.html
Sales and Distribution
Cyber Kiosk’s sales and distribution strategy is focused on direct placement and on pursuing strategic partnerships with companies that have access to a large pool of merchants whom are eager to upgrade their current Point-Of-Sale (POS) system and grow their customer products and service offerings. Cyber-Thingy[TM] products allow merchants to offer their customers a larger suite of services and products than old POS systems including bill payment and international remittances, domestic and international wireless pre-paid services, pre-paid re-loadable Connect2Family MasterCards , gift cards, as well as various bill payment vendors. In addition, by upgrading their POS systems, merchants free up shelf space within their stores and earn residual income on any customer purchases.
Partnership Agreement with Empasys and PreWay:
In January 2013, Cyber Kiosk along with Empasys, a leading full service software provider, and PreWay, a pre-paid provider of top-up wireless services and complimentary products, joined together to bring an upgrade to their old Point-Of-Sale (POS) systems within their combined 20,000 merchant locations nationwide. The Companies have developed a web-based portal that was launched in approximately 4,000 merchant locations as of July 2013. The web-based portal allows for greater ease of transactions and provides merchants with a greater compilation of products and services. Owners and employees of recently launched locations are either finished or currently training on this new system.
The partnership expects to earn residual revenues and transaction fees from the utilization of the web-based portal in Q3 2013 , of which Cyber Kiosk will retain a portion of these revenues. Plans to evaluate locations’ profitability will be done quarterly. The results will then determine if merchants are due the next upgrade, being a tablet or a free-standing Cyber-Thingy[TM] kiosk.
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