Technology
The M-Dot Network open platform enables the real time redemption of digital “coupon” incentives via retail store point of sale (POS) systems in accordance with the security and compliance standards required by the financial transaction processing industry. Our platform is PCI and SOX compliant and will comply with country-specific regulation in the United States, Canada, European Union, United Kingdom and Japan.
The M-Dot Network platform aggregates digital incentives from product manufacturers and coupon issuers directly from the Internet or mobile phone of consumers. Consumers redeem their offers by swiping their frequent shopper card or by entering their mobile phone number and unique 4-digit PIN in the POS terminal when they check out. All offers related to the consumer are redeemed, cleared and reimbursed instantly. The M-Dot solution is vital for the mobile coupon industry to gain scale and mass consumer adoption.
The M-Dot Network platform saves retailers, product manufacturers and consumers time and money by expediting the redemption of promotional offers at check-out, reducing marketing costs, and providing new consumer targeting opportunities.
The M-Dot Network technology is unique as it provides real-time transaction processing without the use of an additional in-store server or any further infrastructure. The addition of in-store infrastructure is a major barrier to entry for companies wishing to integrate with retailers. There is no need for additional systems or additional equipment that requires ongoing maintenance and replenishment, such as servers, VPNs or dedicated communication lines.
