NEWS

iVPN charges consumers 50 cents for a merchant branded digital mobile gift.

To use the service, a consumer goes to the merchant’s website, or the app powered by iVPN.  When inside the store, the consumer shares the phone’s screen, which displays a bar code for the merchant to scan to complete the payment.   The gift balance is displayed to inform the consumer of what the consumer has available to spend.

iVPN seamlessly integrates into Merchants’ POS systems on existing debit card rails.

iVPN is utilizing payment technology that has been deployed in over 25,000 c-stores over the last 18 years.

iVPN provides the retailer its own branded app for the gift program. AT NO COST.

Utilizing its technology, iVPN allows for little to no operating costs, no gift card stock cost, no delivery cost and ZERO transaction fees.

After 18 years of exhibiting at NACS conferences, we know that retailers care about their customer experience.  So, we designed our digital product to eliminate what consumers dislike about gift programs – losing money on unused cards.

• The gift token is good for 90 days.
• Every 7 days during the gift period, we send a reminder email prompting the gift recipient that the recipient has money to spend.
• In addition, the perfect gift program gives a retailer the opportunity to include couponing to drive activity to the retailer’s store.

Lottery, as a sector in c-stores, is faced with an enormous loss of in-store traffic by states and private companies operating iLottery in direct competition to their retail sales agents.

Our platform is designed for consumer engagement to retain and increase in-store traffic.  Consumers are carrying less cash and cash is suppressive to lottery sales.

Cash or other payment acceptance methods cannot be used for loyalty. Our platform knows who your lottery players are, where they purchase, how much they spend and how often.

We charge the gift giver a flat convenience fee of $0.50 per transaction, regardless of the transaction amount at the time of purchase.

All approved transactions are guaranteed with next day business settlement.

There are NO REVERSALS, NO CHARGEBACKS. Merchants receive the full tendered amount with a daily settlement report summarizing transactions by store.

BuyLottoNow operates independent of a state lottery or its vendors.  We seamlessly integrate into a merchants POS terminal.

iVPN is defined under federal regulations as a payment network.  Neither federal laws nor state regulations place any restrictions on debit processing charges or control which party pays them.  Charging a processing fee to the purchaser rather than the retailer for the sale of lottery products is permissible in states that allow debit cards for lottery purchases.

iVPN provides the retailer its own branded app for the gift program in the Apple and Google stores AT NO COST.

BuyLottoNow is the first national lottery gift program available at the 197,000 convenience stores and supermarkets that accept debit payment for lottery purchases. (Not available in South Carolina and Tennessee.)

Gifts can be purchased in gift packs with various denominations. Gifts are valid for 90 days from issuance. Remaining balances are returned to the gift giver.

BuyLottoNow is a convenient way to gift Lottery draw & scratch-off tickets from the BuyLottoNow app on a mobile phone or from the BuyLottoNow website.

A new product offering that provides merchants:

• Increased Commission – Lottery Sales Agents typically get paid a 5% commission on gross sales from state lotteries. BuyLottoNow pays the merchant an additional 2 1⁄2% commission. So, with the activation of a BuyLottoNow $30 gift-pack, the merchant receives $0.75 on top of the $1.50 they receive from the state for the lottery products purchased.
• No Processing Fees – BuyLottoNow charges the gift giver an activation fee of $2.95 regardless of the gift amount. NO FEES AFTER PURCHASE.
• No POS integration — Works as a standard debit card or mobile debit payment through the PDI interface to the Pulse debit network.
• Consumer Engagement – Players can opt-in to receive emails with the past results, winning payouts and the hot & cold numbers for the last 10, 20, 50 or 100 games.
• Lottery as a loyalty program — BuyLottoNow makes a merchant a VIP location for lottery players. Unlike cash or Visa and Mastercard, BuyLottoNow knows who the player is, when the player is buying, how much and how often. BuyLottoNow can target merchant-branded email campaigns to acknowledge recent purchases, past results or large jackpots with couponing to drive in-store sales.

BuyLottoNow is not affiliated with a state lottery or its vendors. BuyLottoNow is defined under federal regulations as a payment network.

For Gift Giver and Gift Receiver experience:

Buy Lotto Now Gift Card

Buy Lotto Now Digital Gift

Visit www.buylottonow.com for more information or Call Joe Randazza (561) 756-0225