Mobile Payment by banks

Confidential | © Digicash Payments S.A.
Mobile Payment by banks
M-Forum | 04/06/2014
M-payment market & key dates
Global mobile payment opportunity
Digicash key dates
March 2010
4 billion credit cards worldwide
compared to over 5 billion mobile
phones(1)
• Mobile payments expected to hit USD
670bn by 2015 (2)
• Sales of smartphones to exceed 420m
devices in 2011 (28% of the entire global
handset market) (3)
• In Europe particularly, the sales of
smartphones more than doubled in
2010
•Mobile Payment R&D Project co-financed by
Luxembourg Government
•
Mobile
Payment: A
Booming
Market
October 2010
April 2011
•Successful interconnection with BCEE bank
platform
June 2011
•Digicash official presentation during ICT
Spring show in Luxembourg
October 2011
November 2011
February 2012
July 2012
November 2012
August 2013
The
Digicash
Solution
(1)
•
MultiBank-based solution for mobile
payments
Source: Kurt Salmon’s 2011 Mobile Payment white paper
Juniper Networks publication January 2012
(3) Source: IMS Research
(2) Source:
•Paperjam ICT Grand-Prix Winner
•Apple official approval for integration in the
AppStore
•PCI-DSS official certification
•Belux Accenture Innovation Award for
Financial Services Jury Prize winner.
•Digicash granted an EU Payment Institution
Licence
•Digicash roll out in Luxembourg with first
bank BCEE
•Second bank POST official launch
December 2013
•Digicash reaches 30 000 downloads  almost
6% of entire Luxembourg population
January 2014
•Bluetooth Low Energy + NFC integration for
national field test
March 2014
•BIL third bank to join the ecosystem
Payment solution provider
Digicash Payments S.A. (Luxembourg)
EU
Payment
Institution
License
Mobile Payment Network
operational in
Luxembourg
Luxembourg since 2012
Mobile
Payment
Platform
Tailormade
services
&
compone
nts
Mobile Payment Solution Provider
outside of Luxembourg
National bank-centric SEPA
mobile payment scheme
State-of-the-art mobile
payment platform
Services to
banks - Issuing
Interoperable &
SEPA/PSD compliant
Merchant acquiring
– direct link
Europe
Multi-channel (QR
Code, Beacon, NFC)
A new ecosystem in Lux.
Proximity Payment
Multiple contexts
1
Point of sale/
at the counter
payments
2
In line payments
(supermarkets …)
Remote Payment
3
4
5
Multiple participants
Multiple accounts/banks
Web
purchase/
e-commerce
App2App & In-App
m-commerce
On paper:
Invoice/Flyers/Poste
rs
Payer’s
bank
account
Payee’s
Bank
account
Luxembourg setup
Banks’ customer base
Bank
4
Bank
5
Bank
6
Issuing Apps &
platform
Acquiring by
Digicash
Merchants – Professionals – Billers – Payees
Bank
7
How does Digicash work?
Insert PIN
Amount & ID
SEPA credit
transfer
Payment order
Digicash
Confirmation
Payer’s bank
Payment confirmation
Merchant’s bank
The future at the point of sale
http://youtu.be/s9vqlLbjxcs
Neutral payment solution
QR CODE
No sensitive data stored on the smartphone and/or
merchant interface
Deployment by the end of 2014
For mass retailers
For retail stores
Answer to POS payments with an user centric approach
Beyond mobile payments
Account
Lower costs (TUP &
Core banking products
full digital issuing) balance check &
Enabler (credit …)
access
Product innovation
No disintermediation
Peer to peer (current
Account) payment
New purpose & increase
ATM
Web & computer
of current account usage
withdrawal
access/App
Integration with other
products & channels
Digicash as 2 factor
authentication method
Loyalty
programmes &
Interoperability with
features
international mobile payment
schemes (via EBA/MyBank)
Enhanced e-commerce &
on-the-go payments
E-invoicing & bill
presentment
Lay the ground for countless digital product innovations
Digicash – Smart Phone • Smart Payment
Web: www.digicash.lu
Twitter: @digi_cash
Facebook: facebook.com/paydigicash
© 2014 Digicash Payments SA