mobile money market
DESCRIPTION
TRANSCRIPT
Mobile Money Market US Case Study & Obopay’s
Strategic Partnerships
2
Market Market opportunity
Person to Person transactions including domestic and cross border
Micro-merchants Web merchants
Market Needs
Send money anytime/anywhere instantly Load/unload funds instantly from existing
accounts, cards Ability to request payments from peers,
clients Provide small merchants a convenient way
to get paid
Obopay solution
Solution Integration with online Banking, Instant money transfer to anyone “Get Paid“ tools Prepaid accounts and cards Transitional/spending accounts for banked
Deployment Managed service for channel partners: MasterCard, FIS
Bank distribution of the service
Opportunity
PlatformAdditions
Debit network integration Service access within On-line banking “Get Paid” toolkit
Future Growth
Fully exploit P2P Expand to un-acquired merchants
acceptance Person to Merchant transaction through
the convergence of mobile & Internet
Case study: US
Corporate Website
Strategic Partnership : MasterCard
When : 2008 Strategic Partnership
Why MasterCard: Top 5 Financial Service brands 1 B cards in circulation in the world MoneySend service introduced in 2007 Foreign Exchange platform
What : Mobile MoneySend Mobile MoneySend platform development &
integration with MasterCard network Platform partner for mobile MoneySend
How : Go-to-market Distribution through Banks signed by MasterCard MasterCard branded service MasterCard Marketing and Advertisement
PaymentNetwork
MasterCard and Obopay are rolling out mobile payments to capitalize on Issuer interest for mobile applications
Like us on www.facebook.com/ObopayMobilePayments Corporate Website
MoneySend International
Follow us on http://twitter.com/ObopayCorporate Website
Strategic Partnership : FIS Global
FIS and Obopay are bringing a rapid deployment solution for Mobile Money to U.S. banks
When : 2008 Strategic Partnership
Why FIS Global: Largest technology provider to a Financial Industry Payment processing, online banking, bank back-office Services 14,000 Banks
What : People Pay by Obopay Obopay is providing its platform to FIS banks with
customized branding, terms Obopay operates the platform
How : Go-to-market Non exclusive agreement Distribution to community and regional banks FIS sales force
PaymentProcessors
Read our http://blog.obopay.com/Corporate Website
Debit network support Star & NYCE
• Obopay added support for PIN-less debit and credit with STAR and NYCE.• Utility: Pay a person, the recipient gets immediate credit to their NYCE, STAR prepaid card or
NYCE/STAR connected DDA.– Use case 1: Transfer money to your child’s or another person’s bank account immediately– Use case 2: Collect card payments with immediate, spendable money on your prepaid card or
bank account– Use case 3: Immediate funds transfer between your bank accounts– Use case 4: Cheap and immediate p2p payment funding
or
Debitsonly
Debitnetworks
DebitsAnd
credits
Immediate, spendable money
Debit card funded payments provide for cheaper…
Next day settlement
Debit Network as a reseller
Join us on www.linkedin.com/company/obopayCorporate Website
Thank You
www.linkedin.com/company/obopay
http://blog.obopay.com/
http://twitter.com/Obopay
www.facebook.com/ObopayMobilePayments