The Safe Internet Payment System – is a secure e-payment system that allows online bank customers to make online purchases worldwide directly through their local bank. SaftPay specifically targets three core untapped e-commerce market segments:
1. Shoppers unwilling to use traditional payment methods for online transactions due to fear of identity theft or fraud.
2. Online banking customers – approximately 60% of the total universe – without a credit cards but that do have the financial means to shop online.
3. Millions of overseas banking customers without a US issued credit card who wish to shop online with US merchants.
More information on the company can be found at: http://www.saftpay.com/
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