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Bullboard - Stock Discussion Forum FTI Foodtech International Inc V.FTI

FTI Foodtech International Inc. is a Canada-based company. The primary business of the Company is the resale of liquidation merchandise. The Company offers its solutions in industries, such as the surplus goods (liquidation goods) industry, the barter industry, the food industry, and personal protective equipment (PPE) Brand Store. The Company offers a variety of products, including disposable... see more

TSXV:FTI - Post Discussion

FTI Foodtech International Inc > Merchant Services
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Post by saratelle on Nov 12, 2018 6:56pm

Merchant Services

Merchant Services

FLASH is designed to be SPENT. It’s ideal for merchants, providing very fast processing time to speed customer checkout and very low fees. Credit cards cost merchants billions a year in transaction fees, while FLASH is the true person to person community coin providing transaction processing for under a penny per transaction and no chargebacks or merchant holdback accounts. When you accept a FLASH transaction, it goes right into your wallet and it’s 100% yours to immediately spend.

If a merchant pays 2% transaction fees with credit cards and they have a 10% pretax income on their business, credit card fees are like a 20% tax on their business. FLASH savings add up quickly and go right to the bottom line.

FLASH merchant services will include:

  • Powerful and easy to use FLASH web wallet can turn any consumer into a merchant
  • Using the FLASH web wallet, any employee can accept FLASH payments, only the manager can access the FLASH in the wallet.
  • Merchant signage can be printed on any inkjet printer in all supported FLASH languages (future feature)
  • Reporting to track sales (future feature)
  • Cashback in local currency calculator (based on FLASH exchange prices) (future feature)
  • Point of Sale terminal integration (future feature)
  • NFC capability like Apple Pay (future feature)
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