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» Member Information:

Name: Mr Frank Georgoulas

Login: Aerapay

Registered on July 16, 2010

Membership Level: Corporate

Position Title: Managing Director

Member Profile: Startup mobile payments innovator has launched with a 10 year deal for an EU energy products reseller. The business has engaged channel partners for the AUSPAC region and is currently undertaking marketing efforts.

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» Business Details:

Business Name: Aerapay by Sueldo

Web Site: www.aerapay.com

Brief Business Profile: We have launched a Patent Pending method of enabling payments from customer to merchant. The application solves many merchant problems, particularly for SME businesses and especially when customers are “off-premises”. The technology solves the business risk issue of “Card Not Present” fraud by offering a clear trail of receipts & authorisation, significantly decreasing chargeback and fraud risks that are inherent in the Card Payments industry and extending the reach to CNP purchases to all mobile devices.

These are significant issues for business that many of our competitors are attempting to solve. X has developed a robust, simple to implement technology that is ready to address the present and future needs of a new media market, they have literally been able to monetize any type of media – print to digital.

Marketing activities have commenced with extensive campaigns that are being carried over the 6 months are set to have various national retailers, media and household brand service providers using the technology servicing their existing customer base. Activities are close knit alongside strategic partners who already service the target market. These partnerships provide us with speed to market and allow us to bypass trade barriers that are understood in the retail space.

The project is low capital cost, highly scalable and low geared commercialisation model, allowing us to be ready for expansion when a foothold in the market has been reached.

The target market was defined as part of an extensive long term market research operation which qualified national retailers through to SME corporations who have a need to sell goods and services to their customers, especially when their customers are off premises, and who would benefit from a decrease in their CNP fraud and chargeback risks. We have engaged relevant suppliers that constitute part of our entire offering, and have addressed any issues and shortfalls in preparedness for an Australian release.

Business Associates (user names): - -

Business Telephone: +61 (0)448 900 510

Regions Serviced: International

Australian HQ City: Melbourne

Regional or Int'l HQ: Brisbane

» Business Media:

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