Chatbot is your assistant to automate payments in venues via any messenger app. It works in 3 simple steps:
Activate Chatbot on our Facebook page, connect your credit card and get your unique CoinyID directly in Messenger app.
Simply tell your CoinyID to the waiter at the venue or use it as a payment option at the supported online shop. Then proceed with ordering as usual.
Your bill will arrive directly in the Messenger app. Chatbot will pay for your order automatically within 30 minutes by charging your connected card.
Our current stage is:
We have developed the private beta version of the chatbot for Facebook Messenger and now finishing a plugin for the restaurant system.
We have a first restaurant owner (Anna) who has 2 very popular restaurants in the heart of Kiev. She is willing to go through with the test launch and help us validate the idea.
We already launched in Dogs and Tails Restaurant in the heart of Kiev.
US market size:
1 million restaurants X 10% penetration goal X 20,000 USD revenue from restaurant per year = 2 billion USD initial market size
Problem or Opportunity
Waiting for bill is pain for modern big city life.
Waiters can't receive electronical tips.
Restaurant owners loose guests and revenue because of waiter waste time on checking out served guests instead of taking new orders.
Solution (product or service)
A simple chatbot to pay your bills in every restaurant automatically via Facebook Messenger and your linked banking card.
Visa and mastercard. Apple and Android Pay. But they all do not help to speed up payments.
Advantages or differentiators
No automatic payments on the market.
Our goal is to get at least 100 local restaurants to be able to generate 10,000 USD per month. We assume that 1 average restaurant will generate 100 USD monthly.
1) 2.5% commission per transaction from restaurant
2) Web-console for restaurants with guest analytics subscription
3) Other chat-bot services like mobile account refill
Money will be spent on
Local growth, technical update, ICO preparation
Offer for investor
50,000 USD for 10% in Convertible Loan
Not able to connect enough restaurants to create a network effect when people can use CoinyPay in most of their preferred venues.