We are working on the ability of converting a smart phone into a PIN based debit device which can then send same as cash payments to sports book and Internet casinos.

This means the player can bet on sports up the last minute before the bet closes.

The player does not have to enter any personal information and can even use an anonymous name as all the important banking data is on the back of any debit card's mag strip.

The player can receive the winnings instantly directly into the bank account at the bank which issued them their debit card and PIN.

The casino or sports book does not have to use a clearing house and can in fact receive an online same as cash bet instantly and by impulse.

This will be a paradigm shift for Internet gambling.