CNWB, Inc.’s unique credit card | is the first card truly developed with both the online consumer and merchant in mind, taking advantage of proprietary tools and technology to create a purchase vehicle which ensures the privacy of our cardholders and eliminates fraud for our merchants. Our competitors have attempted to adapt their product, designed for brick and mortar sales, to the demanding and rapidly evolving e-commerce environment without success. This has limited their cardholder’s ability to complete sales via the Internet due to concerns about potential fraud and identity theft. It has also threatened the ability of merchants to conduct business online due to unnecessary regulations imposed in an effort to prevent chargebacks and a lack of understanding of industries whose main venue for business is the Internet. Perhaps CNWB, Inc.’s greatest advantage is what we are not required to do. The old “brick and mortar” credit cards had to employ intermediaries or “gateways” to recreate internet transactions in a format they recognize. These “gateways” naturally added another layer of cost to each transaction processed by a merchant. Additionally, the big credit card associations, in an effort to control fraud and “protect their brand”, imposed more and more prohibitive fines on merchants for chargebacks but refused to provide any valuable way for a merchant to identify their client or prove that a sale was valid. CNWB, Inc., because we were designed for e-commerce does not impose these additional costs on our merchants, allowing them to bring their product to their customer base at the best price possible. CNWB, Inc. provides this unparalleled safety and security for our merchants through proprietary PIN based card security and Merchant Identification systems. Further, realizing that our merchant customer’s have several other needs in order to be successful in today’s market, CNWB, Inc. offers additional products including a proprietary gateway for processing other credit card types, ClearCard.Com and the IDVsystem, a unique product allowing merchants to convert declined transactions into sales by offering their clients an alternative payment method.