Premier,
As I read it (look under restrictions in the article) WINR would not be allowed to bid on the contract as they are a competitor in the "processing" industry. Also, I am not sure, from an outside in format, that this database would require, that WINRs system would be applicable. However, from the merchants point of view, and from an inside out perspective, the WINR system accomplishes the same benefit for the merchant that this central database does, without compromising the customers privacy in any way. Were I an independent casino operator WINR would make a lot more sense. Groups like SNMM and others that are touting their own "secure credit" processing systems, and thus make money on these processing fees will be very reluctant. In the end, if they are going to compete with entities using WINR they will have to cut processing fees, increase % payout or switch. It will indeed be interesting to see what shakes out. But, the main issue I wanted to bring to the fore-front here is PRIVACY! Every credit transaction your making on the internet now may be subject to a global clearing house with many merchants exchanging your data. With the WINR system you make one (1) credit transaction (you don't even have to do that if you send a bank wire) which is shared with no one! Then all of your internet transactions are centralized, privatized and assured! I believe, in the future, this will appeal especially to the very affluent internet shopper. You know the people that run up $30K a month on credit cards, but never pay a penny in interest because they pay their bill each month. Winr provides a means for these people to initiate a private, secure, assured, and totally accountable site from which to handle their internet purchases and gaming ventures without worry of their "credit and non-credit" data being "shared" all around the world.
Best Wishes,
Swedelo |
