4. Food & Grains
Ancient Indian and Roman Coins
500 Cash 1269-
1365
Emperor Kublai KhanFirst Diners Club credit cards were given out in 1950
5. Founded in 1998, PayPal allows payments and
money transfers through the Internet
6. Logos!
PayPal processed $14 billion in mobile payment volume in 2012 –
more than 3 times the mobile payment volume of $4 billion it
processed in 2011.
In 2012, eBay generated $13 billion through mobile devices, an
overall increase of 120% from 2011. eBay expects to transact $20
billion in 2013.
8. On Black Friday and Cyber Monday mobile commerce volume via eBay mobile in the
U.S. more than doubled compared to 2011. http://www.digitaltrends.com/
11. What are Mobile Payments?
• Consumer uses a mobile device
• Merchant uses a mobile device
• Both consumer & merchant use a mobile device
How do you define mobile payments?
12. Remote Mobile Payments
• Send and request money
• SMS based payments
• Mobile banking
• Application/ Browser based payments
• Carrier Billing
Fahad.com
13. Proximity Mobile Payments
• Barcode Scanning
• Point of Sale
• NFC
• Bluetooth
• RFID
• Accelerometer
Wikepedia.org
14. Your Definition of Mobile Payments
What does a Merchant want?
• Quick, easy, hassle free
• Security compliance
• Fraud prevention systems
• Current and up to date system
• Reliable
• Pricing
What does a Consumer want?
• Fast
• Secure
• Easy
• Choice of payment providers
16. • Fundraising for schools, non-profits
• Check out for lower fees
• Accept payments anywhere
• Not restricted to one payment type
• Easy to implements
Donations
17. Content & Digital goods
• Games, media, content
• In-context, less clicks payments
• Low fees for both small and large
transactions
• One-time micropayments, pay-as-
you-go, and subscription models
• International markets
18. Payment Gateway
• Process major credit cards
• Hosted or customizable
• Any merchant account, processor or
cart
• Sandbox environment, dev tools
• Bill Me Later option
• Small and large transactions
• Advanced fraud protection
• 24x7 customer support
• Scalable
• International markets
19. Shopping Cart
• Multiple selections
• View shipping, taxes, other costs
• Quick setup
• Integrated payments
• Integrated social media
• Advanced fraud protection
• 24x7 customer support
• Scalable
• International markets
www.cartkeeper.com
20. Online Invoicing
• Create and email invoices
• Click a payment
• Professional looking templates
• Customizable
• Send invoices from phone
• Manage invoices
• Quick transfers
21. Mobile Point of Sale
• Accept cards, checks, invoices,
cash
• Clear pricing
• Quick access to funds
• Customer support
• Connect multiple readers
• Global solution
30. Mobile Payments are Here to Stay
"We expect global mobile transaction volume and value to
average 42 percent annual growth between 2011 and 2016, and
we are forecasting a market worth $617 billion with 448 million
users by 2016,"
Sandy Shen, research director at Gartner, May 2012
31. M-payments is a Global Phenomenon
In Q4 2012, 60% of eBay’s mobile purchases came from outside the U.S
www.centives.net
PayPal’s international business accounted for more than half of total revenue in 2012
32. M-payments is a Global Phenomenon
http://pritamkabe.wordpress.com
M-pesa Chipknip GeldKarte Royal Canadian Mint
33. Mobile brings New Use Cases
Promotions
&
coupons
Location-based services
In-store
research
Self-scanning &
self-checkout
Global Social Commerce
Loyalty
Online Commerce
Mobile Wallet
Shopping Lists
34. Changing Form of Payments
• Money becomes more abstract
• Digital goods
• Anonymous payments: Bitcoin
Less cash society Cashless society
37. Summary
• Mobile payments are here to stay
• Define what mobile means to your business
• Think beyond the hype
• Security, trust, and safety is of paramount importance
Barcodes are used for two purposes: generating communication for payment and loading prepaid gift cards into wallet.
Build and maintain a secure networkMaintain vulnerability management programImplement strong access control measuresProtect cardholder dataRegularly test and monitor networksMaintain an InfoSec policy
The way consumers are shopping is changing. The adoption of smart phones are allowing consumers to control how, when, and where they shop. Consumers have more leverage.