mint wireless agm presentation november 2013 mobile payments
DESCRIPTION
Mint Wireless offers an mPOS mobile payments platform optimised for iOS and Android smartphones and tablets. This company presentation of the ASX listed company gives an overview about the corporate strategy and technological achievements of tackling all the regulatory hurdles in Australia to offer an end-to-end payments solution including EMV and PCI compliants geared towards the PinWise Chip&Pin mandate in 2014.TRANSCRIPT
© Mint Wireless Limited | AGM | November 2013
Mint Wireless Limited (ASX:MNW)
Annual General Meeting
November 2013
© Mint Wireless Limited | AGM | November 2013 Page 2
Highlights 2013
Compliance
People
Customers Funding
• Bank accreditation - Bendigo Bank - Bank of New Zealand • Payment Card Industry (PCI)
compliant • Chip & PIN compliant
• Mobile Payments Platform • Developer Program • Investment in People
• Bank of New Zealand • MYOB
• Funding secured to meet existing operating and investment activities
• Broadened share register with new Institutional investors
Key milestones achieved Well positioned for growth Aim to be the leader for mobile payments in our key markets
Accreditation & Technology &
© Mint Wireless Limited | AGM | November 2013 Page 3
Global Mobile Payments Landscape
Exponential growth in number of user adoption Exponential growth in transaction dollar values Trillion dollar global market by 2016
1. IE Market Research 2. BI Intelligence Mobile Payments Transaction Value Forecast, June 2013
Global mPOS Transaction Value Forecast 2
Australia
$35bn
$172bn
$20bn
$579bn
Australia EFTPOS & mPos
in billion $
$464bn
$7bn +185%
Total payments transaction value
Expected growth for mPOS
2014
2017
Total payments transaction value
mPOS1 mPOS
Australian mPOS Transaction Value Forecast
© Mint Wireless Limited | AGM | November 2013 Page 4
Growth
© Mint Wireless Limited | AGM | November 2013 Page 5
Direct Merchant Solutions
Self-Service Partner Solutions
Many Partners – No Touch Integration
Examples: POS Providers
Field Service Providers Sales Solution Providers
Growth Strategy
Enterprise Distribution Partners
ONE Partner – Huge Distribution Examples: Banks Telcos Software Solution Partners
Achieving Growth by Empowering Partners
Mint simplifies the integration of mobile card acceptance into new or existing solutions
© Mint Wireless Limited | AGM | November 2013 Page 6
Corporate Distribution Partners: Partners such as banks, telco’s and solution providers who plan to resell co-branded or
white labeled solutions to their customers. Example partner: MYOB, Bank of New Zealand
Corporate Enterprise Solutions: Enterprise partners who are looking for a mobile payment solution for their own workforce. Example customer – EasyJet, Cadbury Schweppes
Minterprise Corporate Solutions
White label Quick: Speed to market Easy: Low touch solution Future proof: Expandable anytime Native apps: iOS & Android
Custom Solutions Branded: Perfectly integrated into
your customer experience Seamless: Deep integration into
your existing or new applications
© Mint Wireless Limited | AGM | November 2013 Page 7
APIs SDKs for iOS, Android and Windows Brandable portal Compatible hardware Reporting tools Revenue share
Mintegrate Developers Program
Mint Platform
Mobile Eco System - Partners Mobile POS Providers Mobile Field Service Providers Mobile Sales Providers
Empowering mobile software solution providers with Australia’s most flexible, open and competitive developers program for card acceptance on mobile devices
© Mint Wireless Limited | AGM | November 2013 Page 8
Major Distribution Partners
• Largest small business bank in New Zealand • Signed in September - Live in October (less
than 2 months since contract signing) • 3 year contract • White label mPOS solution – “PayClip” • First iOS/Android chip & sign solution in NZ • Aggressive GMS including TV adverts • Mint has received a subsequent order since
product launch
• Largest accounting software provider in Australia
• Over 1.2 million customers on their books
• Signed in August • 5 year contract • Deeply integrated solution • Project on-time and launch imminent
© Mint Wireless Limited | AGM | November 2013 Page 9
BNZ PayClip – First mPOS To Launch In NZ
Source: You Tube. PayClip – Only at BNZ. TV advertisement
© Mint Wireless Limited | AGM | November 2013 Page 10
Strengthened Management Team
Dr. Fred Yip Chief Technology Officer
PhD in Software
Engineering
Software development, Infrastructure Investec Bank, ViviPOS
Justus Hammer Chief Marketing Officer
Master in Information
Technologies and Economics
Online marketing, e-Commerce Spreets, Yahoo!7
Bjorn Behrendt General Manager
Master in Business and
Computer Sciences
Web and Mobile solutions eBay, Styletread, KPMG
© Mint Wireless Limited | AGM | November 2013 Page 11
High Level Product Roadmap
Mobile Wallets
Tokenisation
Batch & Recurring Transactions
ANZ UK Europe Other Countries
Mobile
Online
Markets
Chip & PIN Devices
Contactless & NFC Devices
Online Virtual Terminal
mPOS Developer Program
© Mint Wireless Limited | AGM | November 2013 Page 12
Well positioned for growth
Strategy Execution Trillion dollar market
Global mPOS market growing exponentially
Trillion dollar market by 2016
Focus on customer acquisition & revenue growth
Grow channel partner & developer
program to achieve scale
Introduce innovative and complementary payment products
Increase transaction value per
customer
© Mint Wireless Limited | AGM | November 2013 Page 13
Questions
© Mint Wireless Limited | AGM | November 2013 Page 14
Contact
Alex Teoh Chief Executive Officer Mint Wireless Limited
T: +61 2 8752 7888 F: +61 2 8752 7899