agree is a straight forward, easy to understand presentation....

agree is a straight forward, easy to understand presentation. Quite well done.

Highlights a positive to me. We have all been looking at FX trading platforms etc as the source of major income. This shows that 'card acquiring/issuing banks can use this. An area where that could be large is banks and retailers that want to issue credit cards/charge/debit cards to potential customers. As an example. DJ or NAB want to issue new cards. CBA clients can identify themselves with this technology allowing NAB or DJ's to issue a card without the client needing to enter the store or bank. That to me is possibly bigger than the 'coinify' type clients... Cost of acquisition for banks to get new cards to customers is high - this saves them a fortune in processing and lost opportunity.