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Omer Omarabi

Collaborative & Interoperable Module for Branchless Banking

www.ebs-sd.com

1

July 2016

Agenda 2

MobileMoneyBusinessModulesWhyCollaborativeModule?Stakeholders.CurrentChallenges&Wayforward.

Mobile Money

AssociatetheMobilewithSVA Availabletoanyonewhohasmobile. NobankaccountorKYC. SelfRegistrationorthroughAgents. CanbeusedformostfinancialservicesthroughallChannels

YouputmoneyinitthroughAgentsorP2P Protectedbyapin#

3

Mobile Money Global models4

Service Providers(CSP-FSP)

Gov Units

CBOS

Billers

Collaborative model for Mobile Money

Cash inCash-out

Money Transfer

Bill Payment

Mobile Top-up

SMS

USSD

ATM

PoS

API

Purchase

Agent

Transfer to Bank Account

Customers

MNO

Banks

5

CPS Payment Platform

o CentralizedplatformownedandRegulatedbyCBOSo OperatedbyEBSo ManagedbyallStakeholderso Customermobilewallets,balancesandtransactionsmanagedcentrallythrowSVA

o Integratedwithallexistingpaymentecosystems.o Hasagentmanagementsystem

6

Why We need a Collaborative System? ElectronicMoneyIssuance DailysettlementbetweendifferentFSP EnforcementofFinancialPoliciesandrules Interoperability Customerprotection(FinancialServices) AMLandAFT

7

SMS Command

USSD

SMS

POS

e-commerce

ATM

Customer Service Provider(Front End)

Web-service API response

Web-service API request

SMS NotificationSMPP

Mobile Application

Retailers

Billers

Governmental institutes

Payment Processor Service Providers(Back End)

Customer

SystemArchitecture

VPN

Mobile Payment Platform(CPS)

8

PaymentChannels

- USSD- SMS- Mobile Application - Webservices- SDK

9

Available Services Money Transfers

From Mobile to Mobile From Mobile to account From account to Mobile

International Remittance Purchase Cash-in Cash-out Vouchers Buying Electricity Balance Enquiry Procurement Cash deposit & withdrawal E-Government payments E-commerce Salaries & Payroll Distribution

10

Financial Services CPS

1. Send request 2. Validate Request3. Customer SVA is debited:Transaction amount + Fees

5. Confirm Payment and retrieve payment info

External System

6. Notify Customer

4.1. P2P: Credit recipient wallet4.2. Payment/Purchase: . Send Credit request to Biller/retailer

11

MoneyFlowCBOS

- Creates FSP Mobile Wallet- E-money Issuance

FSP- Buy E-money from CBOS

- Distributes E-money to CSP (MNO)

CSP (MNO)- Buys E-money from a single or Multiple FSPs

- Distributes E-money to Agents

Agent- Buys E-money from FSP

- Distributes E-money to Agents

E-MoneyPhysical Money

E-MoneyPhysical Money

E-MoneyPhysical Money

Cash-out Cash-in

12

Cash-in

Branchless Services Stakeholders

13

Government

Telecomm. Companies

Central Bank

(CBOS)Banks

NTC

Private Sectors

Agents

13

Stakeholders CBOS

EmoneyIssuance.Regulationsandpolicies.Customerprotection.FinancialSettlement. Licensingparticipants

14

CSP(MNO)

datacommunicationnetworkmanagement.Managingcustomers.Branding.Provideservicedeliverychannelse.g.USSDandSMSAgentnetworkprovisionandmanagement.Directcustomersupport.

15

FSP(Banks)

BuyelectronicmoneyfromCBOSonbehaveofMNOManageLiquidityEnsuresettlementandotherCBOSrequirementsaremaintained

16

PlatformOperator(EBS)

OperationandsupportoftheCPSplatform.Ensurereliabilityandhighavailabilityofthesystem.ProvidebackofficesupportforCSPs,FSPs,Retailers,andUtilityproviders

Resolutionofcustomerfinancialdisputes Issuanceofdailysettlement&reconciliationfiles.Ensuresecurityoftheplatformanddataprivacyofallparties.

17

Vision for e-Services and Public sector Development

e-Services

Technology &

Infrastructure

Laws &

Regulations

Information Security

Basic Requirement of e-Services

Aw

areness cam

paigns

Service Channels

Payment Platform

18

Billers

Internet

ATM

POS

Mobile Apps

Government Network

Banks Network

International Payment Networks

19eServices

Current Challenges Collaboration BuildingEffectiveAgentNetworks BankingSectorAwareness CustomerAwareness&Adoption PrivateSectorInvolvement Regulations GovernmentAdoption ServicesCost Infrastructure

20

21

Regulation

Education

FinancialIncentive

Adoption

22Discussion

omarabi@ebs-sd.com

Thank You!

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