cnp expo payvision on mobile payments business models
DESCRIPTION
More and more mobile users today prefer to purchase advanced smartphones and tablets, which offer them several conveniences on the go. With mobile data charges being affordable as well, a considerable number of users now rely on their smart gadgets to complete tasks such as mobile banking and mobile payment, while on the move. Taking this latest trend into consideration, several established retailers are offering users the convenience of mobile shopping and payment. The era of the digital payment is expected to see far more growth this year; big players such as Apple, Google, Amazon, PayPal and Facebook are now making a successful transition from online to mobile. In his presentation, Gijs op de Weegh, COO Payvision, discussed facts & figures in mobile payments, the existent Business Models, the particularities of different regions with different regulatory environments; he looked at consumers’ behavior trends and their influence on the mobile payments industry, and the conversion of mobile payments models.TRANSCRIPT
Mobile Payments |Business Models Around the
World Gijs op de Weegh, COO Payvision
A presentation for CNP EXPO 2014 – GRAD SCHOOL
May 2014, Orlando | Florida
Content
1. Introduction Facts & Figures
2. Mobile Payments Transaction Data
3. Existent Business Models
4. Different Regions, Different Regulatory Environments
5. Consumers’ Behaviour Trends
6. Conversion of Mobile Payments Models
7. What does the future look like?
1. Introduction facts & figures
• A new report from Juniper Research has found that the value of global payments via mobile devices will reach around $507 billion this year, a rise of nearly 40% year-on-year.
Source: Gartner July 2013
1. Introduction facts & figures
2. Mobile Payments Transaction Data
3. Existent Business Models
1. African SMS model
2. Square model
3. Apple model
4. Card Scanning & Card on File Models
5. Other big mobile players
6. NFC Model
3. Existent Business Models
1. African SMS model
3. Existent Business Models
2. Square Model
3. Existent Business Models
3. Apple model - about 800 million people now have accounts on Apple’s iTunes service. And most of those accounts are tied to credit cards.
3. Existent Business Models
4. Card Scanning & Card on File Models
3. Existent Business Models
5. Other big mobile players
3. Existent Business Models
6. NFC (near-field communications) Model
4. Different Regions, Different Regulatory Environments
Europe Existent Business Models 1. African SMS model2. Square model 3. Apple model4. Card Scanning & Card
on File Models 5. Other big mobile players6. NFC model
4. Different Regions, Different Regulatory Environments
U.S. Existent Business Models 1. African SMS model2. Square model 3. Apple model4. Card Scanning & Card
on File models 5. Other big mobile
players6. NFC model
4. Different Regions, Different Regulatory Environments
ASIA Existent Business Models 1. African SMS model2. Square model 3. Apple model4. Card Scanning & Card
on File models 5. Other big mobile players6. NFC model
4. Different Regions, Different Regulatory Environments
AFRICAExistent Business Models
1. African SMS model2. Square model 3. Apple model4. Card Scanning & Card
on File models 5. Other big mobile
players6. NFC model
5. Consumers’ Behaviour Trends
• Consumers will only use a mobile payment system they think is secure and is as easy as shopping today with their current card (or cash).
• The app has to get on their mobile device seamlessly, has to be accessible at the time of sale with minimal effort, and has to provide the cross-channel loyalty benefits users have come to expect.
6. Conversion of Mobile Payments Models
1. African SMS model2. Square model 3. Apple model4. Card Scanning &
Card on File Models
5. POS Innovation Model
6. NFC model
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Conversion of Mobile Payments Models
The price of the solution
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7. What does the future look like?
• Main players• Who’s going to dominate the mobile payments market?
Banks, Card Schemes, Telcom Operators or Technology giants?
Thank you!E-mail: [email protected]