"Mobile Money Tackles Global Issues"

Mobile Payments SeriesTM – Event #4mPay ConnectAround the World in 80 Minutes: Mobile Money Tackles Global Issues
MenekseGencer
Mail: mgencer@mpayconnect.com
Skype: meneks80
Company: www.mpayconnect.com
September 13, 2010

agenda
9/13/2010
2
background
why mobile money?
example innovation
panel
Mobile Payments Series ™ Event #4
“Around the World in 80 Minutes:
Mobile Money Tackles Global Issues”
©mPay Connect, Inc.
mgencer@mpayconnect.com
2

background
9/13/2010
3
3

mPay Connect Consulting
Join our Linked In Group: Mobile Payments Series – mPay Connect
9/13/2010
4
Project Work:
PayPal Mobile
Citigroup/SKTelecom
Bangladesh Joint Venture
US Mobile Operator
World Economic Forum, United Nations Foundation (mHealth Alliance)
Inter-American Development Bank: Jamaica
Publications:
World Economic Forum, mHealth Alliance on mHealth and mMoney (Fall 2010)
Innovations Magazine (MIT Press) (Fall 2010)
on “(The) Mobile Money Movement: Catalyst to Jumpstart Emerging Markets”
IDB: “Addressing Gender Concerns around Mobile Money Access in Jamaica”
Slideshare.net “mPay Connect” presentations
Education: Harvard Economics A.B., Wharton MBA
Tech@State
State Department Sessions on Mobile Money
Food Security Breakout Session
4

why mobile money?
9/13/2010
5
5

mobile money =
foundation for all industries in cash-dependent markets
mHealth, Off-Grid Energy, Food Security, Disaster Relief
Mobile Financial Services
salary, payments, savings, insurance, credit
6
6

mobile money defined
Using the mobile phone as a channel
to conduct payments, account management, and
other financial services
9/13/2010
7
7

mobile money = (mobile) financial services
Mobile Financial Services
Mobile Payments
Mobile Payments
Mobile Microfinance
Mobile Banking
Mobile Banking
Mobile Microfinance
B/G 2C
B2B
P2P
C2B
Credit, Savings,
Insurance
Informational
Transactional
Salary disbursements
Pensions
Rebates
Mobile Money Transfer
Domestic or International
Mobile remittances
At store
(proximity payments)
Mobile online
(e.g. eBay or ringtones)
Micropayments (to bill)
Replace cash in supply chain
Mobile bill payment
Brokerage
Alerts
Account balance &
history
Disburse, Repay
Accrue assets

increases financial access
World Economic Pyramid
Banks
Mature Markets
500 Mill
*>$20k/yr
2 Billion
*$3260 to $20k/yr
Emerging Markets
Unbanked, Mobile Opportunity:
1.7 Billion in 2012
Today
4 Billion
*<$3260/yr or <$9/day
Source: CGAP
2012
Survival Markets
Source: World Resources Institute
(*Individual Annual Income: 2005 USD Purchasing Power Parity)

reduces costs of financial services
$ 4.00
$ 3.75
$ 1.50
$ .08
Significant Cost Advantages
(cost per transaction)
Branch
Live Rep
IVR
Mobile

healthcare
9/13/2010
11
11

issues in healthcare (example)
Provider
Remote
No access to banks
Patient
Expert
Not where
patients are
<$2/day
villages
Payer
How to pay
provider?

food security
9/13/2010
13
13

issue: precarious cycle further exacerbated by lack of financial services
No credit/insurance
Can’t invest
Drought/Natural Resource
Crop
Output
Down
Less Money
Turn to Sex Work
Less Farming
No Financial
Safety Net
No Financial
Safety Net
Can’t buy
food
Role
of Women
Caretaker Burden
Up
Malnutrition/
Illness
HIV
HIV
14
Source: “New Variant Famine” Hypothesis by Alex De Waal, mPay Connect

innovations
9/13/2010
15
15

Syngenta’sKalimoSalamain Kenya
reducing risk and increasing investments through
mobile micro-insurance for small holder farmers
Kalimo Salama
Kenya
16

Panel
9/13/2010
17
17

Panelists & Demos
LinkedIn Group: Mobile Payments Series – mPay Connect
Matt Flannery
Founder and CEO, Kiva.org
Microfinance
Elizabeth Berthe
Dir. of Mobile Fin. Services, Grameen Foundation
Microfinance
Ben Lyon
Founder and CEO, Frontline SMS: Credit
Microfinance
Bill Barhydt
CEO, m-Via
Mobile remittances
Mike MacHarg
Co-Founder, Simpa Networks
MenekseGencer
CEO, mPay Connect (moderator)
Food Security & Healthcare
Bernard Kahiga
Co-Founder, 3KG
Demo: mPesa
JeppeDorff
SVP Mobile Transactions
Clickatell
Demo: USSD mobile payments
Paul Needham
President
Jacob Winiecki
VP Operations
Simpa Networks
Demo: Solar Prepay

"Mobile Money Tackles Global Issues"

by Menekse Gencer on Sep 14, 2010

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"Mobile Money Tackles Global Issues" — Presentation Transcript