distra empowers mobile payments

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1 Distra: Empowering Mobile Payments February 2012

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Page 1: Distra empowers mobile payments

1

Distra:Empowering Mobile PaymentsFebruary 2012

Page 2: Distra empowers mobile payments

2© 2011 Distra Pty Ltd. All rights reserved.

In the payments world increasingly there is a divide….

Old Payments World

• Traditional players: banks, processors, schemes• ATM, POS, ACH• Batch Processing• Security & Reliability

New Payments World

• New players : Google, Paypal, Facebook• Mobile, Social• Real-time Processing• Flexibility & Innovation• Convergence & Collaboration

Page 3: Distra empowers mobile payments

3© 2011 Distra Pty Ltd. All rights reserved.3

•Customised Offerings

•Real-time•Rich Experience

•Relevant & Timely Offers

•Non-bank Players - Paypal, Google, Facebook

•New Markets – China, India, Latin America, Russia

•Smart Phones•NFC/Secure

Element•2D Barcodes,

Tokens•Social Media•Cloud, SOA

•Faster Payments•Dodd Frank/Durbin•SEPA•PSD•Phishing attacks on the rise

Regulation

& FraudTechnology

Customer ExpectationsNew Entrants

There are 4 drivers contributing to this divide

Page 4: Distra empowers mobile payments

4© 2011 Distra Pty Ltd. All rights reserved.

The mobile payments opportunity is huge

• 4+ billion mobile phones globally• Global mobile payment transactions to reach $1.13

trillion in 2014 from $37.4 billion in 2009• Number of mobile payment users will reach 1.06 billion

by 2014• NFC transactions to reach 35.6 billion in 2014 from

861 million in 2009• Mobile bill payments forecast to grow 377% 2010-

2013• Biggest growth in mobile payments coming from non-

bank providers

Sources: IEMR Global Mobile Payment Market Forecast 2011Aite Group

Page 5: Distra empowers mobile payments

5© 2011 Distra Pty Ltd. All rights reserved.

Mobile is changing the way payments services are delivered

Diagram Source: KPMG Mobile Payments in Asia Pacific 2007

Business (bank/merchant) to Consumer

• Mobile Banking• Mobile Wallets

• Receipts• Offers, Loyalty & Couponing

• Contactless Payments• Eg: Google Wallet, Kaching

Person to Person• Mobile Funds Transfer

• Eg: Pingit

Payments Anywhere Anytime to AnyoneSmart phones, mobile wallet & payment apps, NFC devices and 24/7 connections

are transforming the way we access, pay and save

Page 6: Distra empowers mobile payments

6© 2011 Distra Pty Ltd. All rights reserved.

Regulating Body?

Mobile payments require collaboration across the value chain…Between traditional and new players

Source: Mobile Payments in the United States Mapping Out the Road Ahead , Federal Reserve Bank of Boston , Federal Reserve Bank of Atlanta, March 2011

Page 7: Distra empowers mobile payments

7© 2011 Distra Pty Ltd. All rights reserved.

Google Wallet is an example

• Collaboration between new and traditional players - Google, Citi, MasterCard, Sprint and First Data

• Announced in May 2011

• A smart, virtual wallet that stores payment cards, offers, and more on consumers’ phones and online

“We’ve joined with leaders in the industry to build the next generation of mobile commerce. With Citi, MasterCard, First Data and Sprint we’re building an open commerce ecosystem that for the first time will make it possible for you to pay with an NFC wallet and redeem consumer promotions all in one tap, while shopping offline.”

Stephanie Tilenius, Vice President, Commerce and Payments, Google

Page 8: Distra empowers mobile payments

8© 2011 Distra Pty Ltd. All rights reserved.

V.Me is another example

• Collaboration between Visa and Intel

• Announced in late 2011, launches in 2012

• A standardized payment application that allows the end user to download Visa payment information straight onto a mobile device in a secure manner

• Instead of typing in a 16-digit account number to complete a transaction from a smartphone, users can simply sign into the V.me digital wallet with a user name and password to buy something

“Visa’s agreement with Intel paves the way for financial institutions around the globe to offer their account holders mobile payments and financial services using innovative mobile devices and technologies designed by Intel.”

John Partridge, President, Visa

Page 9: Distra empowers mobile payments

9© 2011 Distra Pty Ltd. All rights reserved.

A smart phone app is just the beginning

Mobile payments requires a high performance back-end processing system

• Real-time authentication, validation, routing & settlement• Process transactions in seconds

• 24/7 availability• In-built fault tolerance

• Scalable• Process high volumes of micro-payments simultaneously

• Flexible• Capture financial & non-financial data to enable customized offers

& coupons• Open, interfaces with multiple systems, applications and/or

devices for ease of collaboration• Enable rapidly deployment of new services

• Secure• Tokenized security

The Distra Universal Payments Platform (UPP) is an enablerfor P2P and B2C mobile payments applications and servicesCombines flexibility and innovation with performance and security

Page 10: Distra empowers mobile payments

10© 2011 Distra Pty Ltd. All rights reserved.

The Distra UPP provides a flexible and reliable back-end for mobile payments processing

Distra Universal Payments Platform

VISA Mastercard AmEx ACH UK FP STAR

SessionManagerFraud

Prevention

LoyaltyProgram

TokenizedSecurity

RoutingRules

Offers

P2P Payments

VirtualCards

Authorization

Mobile Provisioning…

Reversal

Mobile Top-up

Completion …

Transaction Plans Endpoint Builder & Entity Builder GUI – New Interfaces & Business Models without Coding

Value-addServices

Analytics &ReportingLow-cost Infrastructure

Card Management,Merchant Accounting

…PayPal

EP

EFTPOS ATM Internet Social media Mobile Kiosk Legacy

Back-end Systems

Offload DB

Internal Vocabulary

EP

Paypal

Channels

MobileWallets Google Visa ISIS

Page 11: Distra empowers mobile payments

11© 2011 Distra Pty Ltd. All rights reserved.

• Barclay’s P2P mobile payments app for Android, Blackberry & iPhone

• Launched in UK in Feb 2012

• Enables Barclays 11.9M customers to make payments instantly via mobile without account details (up to £300 a day)

• Transfers to anyone with a UK-based mobile phone and a current account with any UK bank

• In 2007, VocaLink, a payments processors in Europe, entered into an agreement with Distra to utilize its unique real-time, high-reliability, high performance payment solution as a core component of its Faster Payments Gateway (FPG)

• Faster Payments is “same day” (real-time) clearing requirement, legislated by the U.K. Government for various ACH payments. VocaLink was responsible for providing the network for major clearing banks, other financial institutions and corporations

• Distra delivered its real-time platform both to VocaLink and major U.K. Banks including Barclays

• The FPG, powered by the Distra Universal Payments Platform (UPP), processes PingIt transactions in as little as 30 seconds so that money is moved instantly

Distra is enabling mobile payments: Barclays Pingit (P2P)

"Barclays' Pingit could revolutionize the way people send and receive money. …it is free, quick, convenient, secure, and easy to use. You can send and receive money in seconds without having to enter account details. I'm sure we'll soon be wondering what we did before it."

Antony Jenkins, Chief Executive Barclays Retail and Business Banking

Page 12: Distra empowers mobile payments

12© 2011 Distra Pty Ltd. All rights reserved.

Distra is enabling mobile payments: Barclays Pingit (P2P)

Faster Payments Central Platform

Voca Payment Switch(Distra)

Direct Corporate Access

(DCA)(Distra)

Barclays

ISO8583

ISO8583

Batches

ISO8583ISO2002

2Proprietary

ISO8583?

VocaLinkSettlement

CentralInfrastructure

VocaLink Domain

Bank

Bank

Bank

Bank

ISO8583

ISO8583

Paypal Pingit

Pingit

Corporate Portal

Page 13: Distra empowers mobile payments

13© 2011 Distra Pty Ltd. All rights reserved.

• Leading payment gateway in Singapore provides merchants with a service to facilitate their customers to make online payments via credit card and/or direct debit via internet banking

• It is enabling this service for mobile and tablet so that merchants’ customers are able to easily complete e-commerce transactions from their mobile devices

• In 2009 Distra entered into an agreement with a leading payment gateway in Singapore to provide a secure, flexible, scalable payment platform, capable of processing high volumes of payment transactions at high speed and with no downtime.

• The Distra UPP offers the e-payments provider flexible and configurable delivery channel interfaces that enable rapid on-boarding of payments types, regardless of the messaging type, device or source system.

• In 2012 Distra is working with the gateway to enable their credit and debit payment services on mobile devices, so that all e-commerce functionality is readily available in mobile in-built web browsers.

Distra is enabling mobile payments: Asian e-Payments Provider (B2C)

Page 14: Distra empowers mobile payments

14© 2011 Distra Pty Ltd. All rights reserved.

Distra is enabling mobile payments: Asian e-Payments Provider (B2C)

Distra UPP

HAR HAR

HAR

Distra Databas

e

Merchant

Bank

Mobile Internet

Page 15: Distra empowers mobile payments

15© 2011 Distra Pty Ltd. All rights reserved.

Immediate business benefits with Distra UPP

• Instant processing of high volumes of mobile payments with no downtime

• Increased flexibility and reduced time to market with new mobile payments services and business models

• Improved profitability through reduced costs and new revenue streams

• Increased customer satisfaction through leverage of real-time intelligence and customized coupons and offers

• High levels of security and compliance

• Augments rather than replaces existing systems and front-ends

Page 16: Distra empowers mobile payments

16© 2011 Distra Pty Ltd. All rights reserved.

Distra is helping bridge the payments divide• The security and performance of traditional payment

networks with the flexibility to enable rapid innovation

• Real-time payments processing for mobile and other payments channels (POS, ATM, web, social media, kiosk)

• Java-based architecture offers flexibility, agility and speed to market

• High levels of security, reliability, performance (> 3000 TPS)

• Message agnostic - financial and non-financial message capture enabling customized offers, coupons & loyalty programs

“We selected Distra’s technology as a key component of our [Faster Payments] solutions because its uniquely innovative architecture provides a combination of real-time performance, reliability and agility.”

Page 17: Distra empowers mobile payments

Empowering Mobile Payments