PXT Money™ is a fast, secure and convenient way to pay for goods and services at merchant stores and to receive and redeem coupons (‘offers’) at the time of sale – all from the convenience of a Smart Phone. Coupons that a consumer is unable to use can be sent to other PXT Money users.

To use PXT Money consumers simply download the application, register with the system and select which PXT Money merchants they would like to receive offers from. PXT Money is a prepaid solution. Each consumer has a secure account which can be topped-up from another funds source as necessary. Consumers control how much is in their prepaid account. PXT Money payments only use funds from the prepaid account.

In addition ‘coupon’ value can also be used as part of the payment.

Consumers manage their accounts, manage the types of offers they would like to receive, and transfer offer value to other users all from the convenience of their smart phone application or via a browser from a PC or other Internet connected device. Consumers can choose to receive all coupons for a given area or select individual merchants they want to receive offers from.

Registered merchants who accept PXT Money payments define and distribute offers to targeted consumers.

Merchants can also elect to use one of a variety of methods to conduct a PXT Money transaction. They can use a merchant application on a smart phone, a PXT Money merchant application on a tablet or other Windows PC as well as through a browser on any Internet capable device they may own. No special equipment is required.

Merchants initiate a PXT Money payment transaction by entering the consumer's phone number. The merchant will then be sent any applicable coupons that the consumer has indicated they wish to use (consumers can pre-select coupons for redemption prior to visiting a merchant).