Mobey Forum quarterly meeting Sept 23, 2008. The opportunity for banks and the entire mobile payment ecosystem created by focusing on remote mobile payments.
CPNI Mobey Forum Mobile Payment Trusted Service Provider Sept 23 2008
1. CPNI Inc. Proprietary Information Jason Hurlbut VP Global Sales & Business Development CPNI Inc. [email_address] September 23, 2008 Mobile Commerce The Opportunity is Now…
16. Mobile Payments Person to Person AND Person to Merchant Person to Merchant ONLY P2P payments are an additional revenue stream providing a superior business case NFC relies on phone hardware advances and the uptake of merchant PoS devices NFC Remote Proximity
19. Customer Acquisition is the Name of the Game Youth : Cell phone penetration greater than credit card ownership Immigrant workers : Growing at 12+% per annum Everyone : Those without a cheque or credit card handy, or not near a card terminal – practically every customer at some time The Highly Mobile : Use PC banking from the hotel/airport
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21. Who else in the Ecosystem Benefits from Remote Payments? … and Merchants who have another channel through which to sell
27. Pent Up Demand for Banks to Provide Mobile Payments Source: P8 What kinds of organisation would you trust to offer this type of service to you? – GfK NOP March 2006 93% of all respondents felt that the most trusted provider of this service would be a bank – most secure! How long will this last with disintermediators fighting for this market?
28. Security Concern – Who will consumers trust? Consumers want you to provide the mobile application