Alternative Payments Innovator Helps Companies Monetize Their “Missed Opportunities”Las Vegas, Nevada – November 30, 2015 – Nevada based Genie Gateway announced the creation of Genie TV, the next step in their suite of solutions linking tens of thousands of unbanked merchants and their customers to the world of eCommerce.Designed to both disrupt traditional methods of eCommerce and engage an entire new class of merchants, Genie TV is also a mechanism for media providers to recoup profits from lost advertising.
Thomas E. Skala, Genie Gateway CEO explained “Cable TV companies, Wireless Internet providers, Radio Stations, and Newspapers, all have inventories of a ‘Perishable Commodities’ – their unsold advertising.”
“That’s an asset that just disappears,” Skala continued. “If you don’t sell it before airtime or publication, you can’t bank it until now.” “Traditionally, media providers with unsold advertising space or airtime run ‘house ads’ to fill the void,” Thomas A. Nix, President of Genie TV, explained, “Genie TV gives them an alternative, with an opportunity to convert that unsold advertising into long term residual revenues, while helping Unbanked Merchants and Individuals learn about new solutions and new ways they can join today’s eCommerce / online society.”
Thomas Nixexpanded, “Genie TV will provide videos, commercials, and infomercials, which can replace unsold advertising and when new customers subscribe to the service, anytime they make a purchase, from any merchant, our advertising partners will generate residual income on all sales conducted by the merchants and for purchases made by consumers.”
Genie TV CTO RogerPacethen went into detail, “The commercials, videos and related network links are more than just another advertisement. First, the services advertised are expressly targeted at unbanked merchants and their customers – a huge, underserved market. But more important, when a merchant or customer adopts the Genie services, the media provider running the ad in their otherwise ‘dead’ space will directly receive fee-based residual revenue, for the life of that buyer’s service usage.”
“Genie TV will create an entirely new source of profit for the media provider, by tying them directly into the economic activity of an almost completely untapped market, for nothing more than the use of an existing ‘lost’ asset,” concluded Mark Newgreen, Genie Gateway CFO.
Genie TVwillradically change the way Media Providers realize revenues from their “lost opportunities”.
Please visit these links, for a sample of the Genie TV advertising:
GenieCard Video http://GenieCard.com/video
GenieCard in 60 Seconds https://www.youtube.com/watch?v=Gph6G2doOCc&feature=youtu.be
GenieCard in 90 Seconds https://www.youtube.com/watch?v=OuHD7P58E9k&feature=youtu.be
GenieChecking Video http://GenieChecking.com/video
About the Genie Gateway – www.GenieGateway.com
Genie Gateway is U.S. registered company, trading on the U.S. OTC stock market under the symbol GGWY and filing regular reports with the U.S. Securities and Exchange Commission (SEC).
Genie Gateway has two operating subsidiaries, Summit Digital Inc., and Genie Gateway:
• Summit Digital Inc is a Multi-System Operator providing Cable TV, High Speed Internet, and related services, targeting rural communities as a specific high-growth market within the Cable Television and high speed internet industry.
• Genie Gateway is a forward-looking unified communications and payment processing platform, blending the products and services needed to operate a business, traditionally purchased from several vendors, into one seamless service. Genie Gateway is aimed squarely at businesses and individuals who want a fully rounded presence on the internet and by phone, without the cost and complexity of the build-it-yourself approach.
• Genie Gateway is an interactive multimedia communications hub, featuring a digital buffet of unified solutions; combining the benefits of having a website fully accessible from any internet enabled device, with voice, text, video, document messaging, virtual fax, group communications, including an online store, a shopping cart with a virtual point of sale, and a CashBox with GenieChecking and a GenieCard, plus the most robust Virtual Office, as one unified solution.
CONTACT:
Genie TV
Thomas A. Nix, President
4570 South Eastern Avenue – Suite 26-221
Las Vegas, Nevada 89119 USA
Phone: (855) 612-8500
Email: ThomasA.Nix@GenieGateway.com
Genie Gateway Business Development
4570 South Eastern Avenue – Suite 26-221
Las Vegas, Nevada 89119 USA
Phone: (702) 803-9900
BizDev@GenieGateway.com
Media Contact
Company Name: Genie Gateway
Contact Person: Tom Scott
Email: Press@AllCom.com
Phone: (800) 783-0000
Address:4570 South Eastern Avenue – Suite 26-221
City: Las Vegas
State: Nevada
Country: United States
Website: www.GenieGateway.com
