An alternative mobile payment solution based on Open Hardware for vending machines

1. OpenVend
Powered
by

2. TARGET
GOAL:
Low
COST
0.75%
Physical PoS
BBVA Example:
• Monthly fee: 48 Euros
• Yearly Cap: 150.000 Euros
• Merchant optimized
commission: 0,38% (12,500 €/
month)
3.5% 0.5%
Close System
• Ticket Restaurant
• Sodexo
• PayRange
Virtual PoS
ING Direct Example:
• Monthly fee: 19 Euros (or
+ 600 €/month in
transactions)

3. Open Source
e-Commerce
What´s
OpenVend?
Physical
WEB
Mobile Internet
Open
Hardware
Internet of Things Cloud Computing
a UNIVERSAL telemetry and proximity mobile payment system for Vending
URL
Ubiquitous
Connectivity

4. Success
Factor
1:
Discovery
“onsite”,
no
APPs
just
URLs
URL
uriBeacon
Print-to-mobile
iBeacon
Digital
Watermarks
Augmented
Reality
QR Codes
Short range wireless
Bluetooth Low Energy Mobile shortcut iconsURL

5. Success
Factor
2:
Silent
logging
for
mulOple
domains

6. Success
Factor
3:
Just
ONE
online
shop
per
Operator
Myvending
Machines
∑∑OpenVendij
multiStores
Multistores
i: 1..n
OpenVend instances
j: 1.. m
Myvending
Machines
Myvending
Machines
Myvending
Machines

7. How
Money
Flows
in
eCommerce?
Buyers´ Bank
issues Credit/
Debit Card
Merchant´s Bank
provides a virtual
PoS for e-commerce
in Redsys
OpenVend
MultiStore

8. How
Money
Flows
with
RedSys
Web
Services?
SECURITY BY
DESIGN:
Buyer´s Credit
Card Credentials
are securely
stored on
SmartPhone
Buyer
Merchant
OpenVend
MultiStore

9. How
money
flows
in
Prepay?
Customer´s
balance is stored
online
Buyer
Merchant
Prepaid
$$$

10. How
money
flows
adding
credit
with
coins?
Customer´s
balance is stored
online
Merchant
Prepaid
$$$
Buyer

11. Customer
acquisiOon:
User
Friendly,
2
steps
to
buy
Buy
Online
Discovery
Onsite
Buy Online
• Credit is granted to Vending Machine
together with product selection for instant
product delivery
• Vending machine is retrofitted with Open
Hardware allowing access to cashless
systems, keyboard, display …
Discovery Onsite
• URL is tokenized for one time usage, so collocation
of vending machine and consumer is guaranteed
• Logging and payment are done in silent mode for
selected product on Smartphone

12. My
OpenVend
§ Merchants order online a
number of domains (URL) for
Vending Machines (ex: 20
venduinos)
§ Merchant´s Bank provide
access to RedSys
Text in
here
Text in
here
§ Consumer may access to
OpenVend from his/her
smartphone
§ OpenVend reports to Merchant
Orders´status
§ OpenVend instance is created
§ Private Cloud is self-configured to
resolve the domains for requested
Venduinos
§ Venduino´s URLs are
created elastically in
OpenVend Merchant´s
instance
§ Domains are activated and
multi-stores are created on the
fly
Merchant
acquisiOon:
Zero
ConfiguraOon,
PaYG
URL
Plug&Play
Ubiquitous
Connectivity
Cloud Computing
SaaS
Online Ordering
Start End
<
30´´
<
3´
48
h
Merchant

13. Thanks
www.openvend.es