introduction to mobile wallets
DESCRIPTION
Using mobile phones to pay and to collect payments for a variety of things like buying ringtones, apps, parking, overdue fines etc. is one of the quickest growing tech trends today. This introductory workshop with show you how to pay and receive payments via SMS, Direct Mobile Billing, Web Payment Services, traditional credit card, and the developing Near Field Communication (NFC). The workshop will cover the pros, cons, and other options for each method above and give you simple steps to get started.TRANSCRIPT
P R E S E N T E R : D I A N A S I LV E I RA , N O VA R E L I B RA RY S E RV I C E S
INTRODUCTION TO MOBILE WALLETS
WHAT YOU NEED TO KNOW TODAY
• Mobile Commerce is HERE – NOW! • “Normal” People
are buying from their phones• The market is still
wide open• Privacy & security
will be the biggest issues
http://www.flickr.com/photos/moriza/126238642/
BEGINNERS GUIDE TO MOBILE WALLETS
• Amazon• I-Tunes• App-based
purchases
AGENDA
• SMS• Direct Mobile
Billing• Mobile Web
payments• NFC (Near Field
Communication)
http://www.flickr.com/photos/allard1/4733085752/sizes/m/in/photostream/
SMS
1. User sends SMS with Keyword and unique number to a Premium Short Code.
2. User receives a PIN (User billed via the short code on receipt of the PIN)
3. Finally user enters PIN to get access to content or services.
http://bit.ly/wY7EqX
Image from: http://www.flickr.com/photos/wonderlane/276890512/sizes/m/in/photostream/
SMS (I.E. TEXT MESSAGING)
• PayPal• Venmo
- Need account- P2P
PAYPAL
• Request & send money via SMS • Discounted Non-profit Rates• PayPal SMS or PayPal Mobile• Bump to exchange contacts & send money
DIRECT MOBILE BILLING
• Declining in use• Ideal for:• One-time purchases• Timed Access• On-going subscriptions from Apps
SQUARE
• Swipe Credit Cards via your mobile device• Free to Set-up• 2.75%
Transactional charge• Instant
Receipts
DWOLLA
• Up and coming• Charges the recipient 25
cents per transaction. And the money sender has the option to assume this cost.• Right now mainly P2P• Ties-into Facebook and
NFC (NEAR FIELD COMMUNICATION)
• Google Wallet: Beta/Limited Availability• Mastercard PayPass• Visa PayWave
Benefits: Stays with you, ease of use,
SECURITY AND PRIVACY ISSUES
• Hackers• Unsecured Transmissions• 3rd party access to your data• Pick Pockets!!!
BIOMETRICS
• Motorola and others actively working on implementation• Fingerprint/Voice security on mobile devices
Image from http://www.mobioproject.org/
QUESTIONS?
CONTACT INFORMATION
[email protected]/dee987
delicious.com/dee987/mobilepaymentsfacebook.com/NovareLibraryServices
Novare Library Services 877-816-9638
Diana Silveira