DD Central on ECNC (formerly BETT) Message Board

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To: Jorjenzak who wrote (213)	7/19/1999 12:36:00 PM
From: SCOOBEY-DO	of 266

Hi All, Here is a message from Tom: Here is an update for the thread on non gaming business development. 1. We are on schedule for an August pilot of P'E'R'F'E'C'T' which in this case is narrowly defined as moving an ATM card with PIN same-as-cash transaction across the Internet. Implementation: We will be using a hardware mag stripe reader that will DES encrypt the PIN, which will then be again wrapped in a larger message that is then also encrypted before being sent by modem to our bank host for card authorization. P'E'R'F'E'C'T' will have 3 distinct parts; a plug in that works with the consumer's browser; a plug in for the merchant; and our host. P'E'R'F'E'C'T' will enable home card read credit card transactions and will also enable home same-as-cash transactions by ATM card and PIN. Activation: The Internet consumer will simply click the P'E'R'F'E'C'T' button on the site such as ACME Electric Company (to begin the simple process of P'E'R'F'E'C'T' same-as-cash payment by ATM card and PIN. P'E'R'F'E'C'T' payees: By presenting their bills to consumers on their ACME Electric Company site, a savings of between $1.50 to $3.00 is accomplished by ACME Electric Company. Add in the fact of the consumer being able to converse face to face through ThunderGo software (see our press release) and the ability of the consumer to elect to pay by P'E'R'F'E'C'T' same-as-cash, and you can readily see where this is heading. P'E'R'F'E'C'T' Standards: eConnect has the window of opportunity to set the standards for P'E'R'F'E'C'T' same-as-cash payments. At present, Gaming is driving in revenues. EzyShop is now active and P'E'R'F'E'C'T' is attracting the attention of name companies who you will be reading about in the next 90 days. We are readying eConnect for a rapid departure from our present unknown company status with 99% of the Wall Street brokers. ***************************** 2. EzyShop: This is the widest definition of P'E'R'F'E'C'T' as it encompasses the usage of credit, ATM cards and EzyCards. Implementation: We are presently advertising a 30 second commercial which began July 13. For those who would like to see the commercial, we are preparing a web site for you to view it. Focus: The marketing for the balance of 1999 is focused on the South Bay which 2 million plus ADI. Description: The usage of the EzyShopper (see hpos.com and click PayMaster) along with recognized catalogs to effect P'E'R'F'E'C'T' purchases. We freely distribute the EzyShopper to the locations. We have learned from our placement at the American Airlines San Jose Admirals Club that consumers can better access the EzyShopper if they are standing up and we are creating podiums upon which to place the EzyShopper to meet this need. We are focused on 100 EzyShoppers in place by September in the South Bay. ************************************************************************* Consider this overview report as the first of what will be many reports, once per week, to the Thread... with the goal of reaching every thread. GO ECNC! Tom

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