Payment Transaction is a monetary transaction where the transaction involves withdrawl of money, at least, from one financial account like Gift Card, Credit/Debit Card, Checking Account, ATM Account etc.

MySingLink, based on their propreitory technology, has developed 2 broadly categorized Paperless Transaction Processing methods namely Wallet based and Card based. Wallet based method uses 'MSL Wallet' which is a free App available for iPhone, iPad, iPod, Anroid Phones and Tablets. Wallet based method is card less and uses SUDS (Single use Digital Signature) for Secured Transacntions whereas Card based method uses a card with a magnetic stripe (MySingleLink Card or Consumer Custom Card or Merchant Custom Card). To know more about these methods, please click on How It Works from the Main Page.

Since Wallet Method provides highest security and monetary Transactions require higest security, only Wallet based method can be used for monetary Transactions except for montary Transactions using Gift Cards. Wallet Method is PCI Complient because Merchants would never receive Credit/Debit Card information and yet Merchants can accept them to receive payments directly thru their own credit card processor.

Wallet Method consists of the following 3 steps and usually takes less than a couple of seconds to complete the processing:

• Merchant displays a number known as 'MSL Code'. Consumer scans or enters 'MSL Code' using 'MSL Wallet' or sends 'MSL Code' using SMS Message
• Consumer receives a number with '*' as blanks and replaces them with their own PIN to create SUDS
• Merchant scans or receives SUDS from Consumer and receives the payment from Consumer's financial account directly thru their own credit card processor

Wallet Method can also be used for Applications that require Secured Access and following are some examples:

• Web Site Login
• Secured Documents such as Financial Information, Medical Records etc
• Secured Locations such as office, home, airports etc
• Personal Identification Verification

Credit Card Payment On Advertisement
Method	Description
	The MSL Code with the Event Number will be printed on the Advertisement. In addition to the code being printed in the text format, it can also be displayed in a QR Code format. Here are examples:              MSL Code: 4-4506055-30-10 Entertainment - Breeze Band Here are some other examples on how Advertisements could be used to sell items directly from the Advertisement:              MSL Code: 3-4506055-11 Paid Coupon $9.00 for $5.00 MSL Code is for the Coupon Number (11), the Coupon Number could also be for a specific item sold by the Merchant and following are some examples: A special package like a dinner for 2 from a Restaurant A special package like an AC Summer Check-up from an Air Condition Service Company A special package like an Oil-Change from an Auto Service Company Consumers can manually enter the MSL Code into their cell phone or can scan the code.
Wallet Based:	MSL Wallet: Following are the steps in executing the transaction: Step 1 of 3 Consumer scans/enters MSL Code using 'MSL Wallet' and submits the transaction. Example: MSL Code: 4-4506055-30-10 Merchant can charge the Amount for the selected event and for the selected number of admissions. Step 2 of 3 Consumer receives a random number with '*' and converts into SUDS by replacing '*' with their own PIN. The App will create an SUDS in text format. Example: Random Number: 2*69*9 PIN: 19 SUDS: 216999 Step 3 of 3 Consumer Submits the Transaction from their App. Consumer receives an Authorization Code or a denial message Consumer and Merchant would receive electronic receipts. Please see the details at the bottom regarding electronic receipts.
SMS/Text Message:	SMS/Text Message: Following are the steps in executing the transaction: Step 1 of 3 Consumer sends MSL Code along with additional information to MySingleLink thru a SMS/text message to tm@mysinglelink.com. Examples: MSL Code: 4-4506055-30-10 Merchant can charge the Amount for the selected event and for the selected number of admissions. Step 2 of 3 Consumer receives a random number with * from MySingleLink thru a SMS/Text Message and converts into SUDS by filling in the * with their own PIN. Example:     Random Number: 2*69*9     PIN: 19     SUDS: 216999 Step 3 of 3 Consumer sends SUDS to MySingleLink thru a SMS/text message to tm@mysinglelink.com. Consumer would receive a response with an authorization code or a denied message Consumer and Merchant owner would receive electronic receipts. Please see the details at the bottom regarding electronic receipts.
Receipt:	Receipt: Consumer would receive an electronic receipt thru Text Message and/or to an Email address depending on the setup. The electronic receipt would be available for view for 18 months. The electronic receipt would include the amount taken from Gift Card, from Prepaid Card and amount taken from Credit/Debit Card and Bank Account. It will also include the Discounted Amount, Redeemed Coupons, Awarded Rewards Points etc.