PERSON TO BUSINESS PAYMENTS ON THE WEB   PRESENTATION TO TREASURY MANAGEMENT ASSOCATION OF CANADA VANCOUVER, BRITISH COLUM...
<ul><li>MESSAGES </li></ul><ul><ul><li>This is the Canadian solution </li></ul></ul><ul><ul><li>INTERAC  Online is not deb...
<ul><li>PRESENTATION CONTENT </li></ul><ul><ul><li>Acxsys Corporation Background </li></ul></ul><ul><ul><li>Industry Backg...
ACXSYS COPORATION <ul><li>Formed in 1996 and owned by: </li></ul><ul><li>The architects of INTERAC Association  </li></ul>...
ACXSYS COPORATION ACXSYS INTERAC ASSOCIATION FUTURE PARTNERSHIPS ROYALTY-FREE FOR-PROFIT SERVICE PROVIDER BUSINESS DEVELOP...
NEW BUSINESSES <ul><li>Cross Border Debit </li></ul><ul><li>INTERAC  Email Money Transfer Service </li></ul><ul><li>INTERA...
GROWTH IN INTERNET SPENDING Source: Statistics Canada
WHERE ARE THEY BUYING <ul><li>Travel </li></ul><ul><li>Consumer Electronics </li></ul><ul><li>Home Products </li></ul><ul>...
CANADIANS USE DEBIT MOST Source: Bank of International Settlements
THE COMPETITION
DIFFERENCES <ul><li>Real time  </li></ul><ul><li>Automatic re-direct back to merchant </li></ul><ul><li>Ubiquitous INTERAC...
INTRODUCING  INTERAC  ONLINE <ul><li>A new online payment service that allows consumers to pay for goods and services on t...
SERVICE TOUR www.interaconline.com
RELATIONSHIP MODEL Consumer Financial Institution Acquirer
INTERAC  DIRECT PAYMENT VERSUS INTERAC  ONLINE FACTOR SERVICE PROVIDER COST vs. PRICE AUTHENTICATION HARDWARE LIABILITY FO...
CONSUMER VALUE <ul><li>Canadians spent $3B+ on Internet shopping in 2003 1 </li></ul><ul><li>75% of these shoppers indicat...
MERCHANT VALUE <ul><li>Enhance current eCommerce strategy </li></ul><ul><li>No authentication requirement </li></ul><ul><l...
COST OF NO GOOD FUNDS MODEL Source: Cybersource, September 2004
VALUE OF GOOD FUNDS MODEL Source: Cybersource, September 2004
<ul><li>PROJECT STATUS </li></ul>
ISSUER ROLL OUT SCHEDULE Mar Apr May Jun July Sep Oct Nov Dec 2005 RBC Royal Bank Scotiabank BMO TD Canada Trust Aug
ACQUIRER STATUS <ul><li>Two Acquirers signed </li></ul><ul><li>Three Acquirers receiving inquiries from merchants and thir...
COMMITTED MERCHANTS …  many more on the way!
CONSUMER MARKETING ACTIVITIES Phase 1: Back to School Campaign Phase 2: Holiday  Season July Sep Oct Nov Dec 2005 Aug
MESSAGES RECEIVED ? <ul><ul><li>Unique Canadian offering </li></ul></ul><ul><ul><li>Not debit as we know it </li></ul></ul...
<ul><li>Barry Campbell </li></ul><ul><li>Director, Business Development </li></ul><ul><li>Acxsys Corporation </li></ul><ul...
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Person To Business Payments On The Web

  1. 1. PERSON TO BUSINESS PAYMENTS ON THE WEB PRESENTATION TO TREASURY MANAGEMENT ASSOCATION OF CANADA VANCOUVER, BRITISH COLUMBIA 24 JUNE 2005 THE CANADIAN SOLUTION
  2. 2. <ul><li>MESSAGES </li></ul><ul><ul><li>This is the Canadian solution </li></ul></ul><ul><ul><li>INTERAC Online is not debit </li></ul></ul><ul><ul><li>eCommerce in Canada is real </li></ul></ul><ul><ul><li>Consumers see value </li></ul></ul><ul><ul><li>Merchants see value </li></ul></ul><ul><ul><li>Roll out just started </li></ul></ul>
  3. 3. <ul><li>PRESENTATION CONTENT </li></ul><ul><ul><li>Acxsys Corporation Background </li></ul></ul><ul><ul><li>Industry Background </li></ul></ul><ul><ul><li>The Solution </li></ul></ul><ul><ul><li>Value Proposition </li></ul></ul><ul><ul><li>Project Timelines </li></ul></ul>
  4. 4. ACXSYS COPORATION <ul><li>Formed in 1996 and owned by: </li></ul><ul><li>The architects of INTERAC Association </li></ul>CREDIT UNION CENTRAL OF CANADA
  5. 5. ACXSYS COPORATION ACXSYS INTERAC ASSOCIATION FUTURE PARTNERSHIPS ROYALTY-FREE FOR-PROFIT SERVICE PROVIDER BUSINESS DEVELOPER CORPORATION BRAND IMN LICENSOR OWNER
  6. 6. NEW BUSINESSES <ul><li>Cross Border Debit </li></ul><ul><li>INTERAC Email Money Transfer Service </li></ul><ul><li>INTERAC Online </li></ul>
  7. 7. GROWTH IN INTERNET SPENDING Source: Statistics Canada
  8. 8. WHERE ARE THEY BUYING <ul><li>Travel </li></ul><ul><li>Consumer Electronics </li></ul><ul><li>Home Products </li></ul><ul><li>Apparel </li></ul><ul><li>Computer Hardware / Software </li></ul>% of Total 1 14% 13% 13% 11% 9% 1. Source: Forrester Research, October 2003
  9. 9. CANADIANS USE DEBIT MOST Source: Bank of International Settlements
  10. 10. THE COMPETITION
  11. 11. DIFFERENCES <ul><li>Real time </li></ul><ul><li>Automatic re-direct back to merchant </li></ul><ul><li>Ubiquitous INTERAC-branded service </li></ul>
  12. 12. INTRODUCING INTERAC ONLINE <ul><li>A new online payment service that allows consumers to pay for goods and services on the Internet directly from their bank accounts </li></ul><ul><li>Alternative to existing payment options </li></ul>
  13. 13. SERVICE TOUR www.interaconline.com
  14. 14. RELATIONSHIP MODEL Consumer Financial Institution Acquirer
  15. 15. INTERAC DIRECT PAYMENT VERSUS INTERAC ONLINE FACTOR SERVICE PROVIDER COST vs. PRICE AUTHENTICATION HARDWARE LIABILITY FOR FRAUD <ul><li>INTERAC Direct Payment </li></ul><ul><li>INTERAC Association </li></ul><ul><li>Non-profit / 3B txn </li></ul><ul><li>Card & PIN </li></ul><ul><li>Terminals / PIN Pads </li></ul><ul><li>Voluntary DCCP </li></ul><ul><li>INTERAC Online </li></ul><ul><li>Acxsys </li></ul><ul><li>For profit / ? txn </li></ul><ul><li>Login ID & Password </li></ul><ul><li>None </li></ul><ul><li>Mandatory DCCP </li></ul>
  16. 16. CONSUMER VALUE <ul><li>Canadians spent $3B+ on Internet shopping in 2003 1 </li></ul><ul><li>75% of these shoppers indicate concern about Internet transactions 1 </li></ul><ul><li>73% of online shoppers or online bankers are interested in the service 2 </li></ul><ul><li>Provides options 2 </li></ul><ul><li>No need for parent’s credit card 2 </li></ul><ul><li>No need to worry about debt 2 </li></ul><ul><li>Source: Statistics Canada, September 2004 </li></ul><ul><li>Strategic Counsel, October 2004 </li></ul>KEY DRIVERS <ul><li>Security </li></ul><ul><li>Freedom </li></ul>
  17. 17. MERCHANT VALUE <ul><li>Enhance current eCommerce strategy </li></ul><ul><li>No authentication requirement </li></ul><ul><li>Leverages existing eCommerce investment </li></ul><ul><li>Help SME compete </li></ul><ul><li>New revenue stream </li></ul><ul><li>GOOD FUNDS MODEL </li></ul>
  18. 18. COST OF NO GOOD FUNDS MODEL Source: Cybersource, September 2004
  19. 19. VALUE OF GOOD FUNDS MODEL Source: Cybersource, September 2004
  20. 20. <ul><li>PROJECT STATUS </li></ul>
  21. 21. ISSUER ROLL OUT SCHEDULE Mar Apr May Jun July Sep Oct Nov Dec 2005 RBC Royal Bank Scotiabank BMO TD Canada Trust Aug
  22. 22. ACQUIRER STATUS <ul><li>Two Acquirers signed </li></ul><ul><li>Three Acquirers receiving inquiries from merchants and third party providers </li></ul>
  23. 23. COMMITTED MERCHANTS … many more on the way!
  24. 24. CONSUMER MARKETING ACTIVITIES Phase 1: Back to School Campaign Phase 2: Holiday Season July Sep Oct Nov Dec 2005 Aug
  25. 25. MESSAGES RECEIVED ? <ul><ul><li>Unique Canadian offering </li></ul></ul><ul><ul><li>Not debit as we know it </li></ul></ul><ul><ul><li>Canadians are buying online </li></ul></ul><ul><ul><li>Value exists </li></ul></ul><ul><ul><li>It’s not too late to participate </li></ul></ul>
  26. 26. <ul><li>Barry Campbell </li></ul><ul><li>Director, Business Development </li></ul><ul><li>Acxsys Corporation </li></ul><ul><li>(416) 869-5093 </li></ul><ul><li>[email_address] </li></ul><ul><li>www.interaconline.com </li></ul>QUESTIONS?
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