Your SlideShare is downloading. ×
0
Transact Freely with One-Click Pay tm Presented to Heartland Payments Systems Mountain View, CA Apr 2010
Q: How to get from thousands to millions of users <ul><li>Have an existing back-end payment infrastructure </li></ul><ul><...
Answer: Leverage a high growth segment <ul><li>Social gaming/Virtual Currencies have millions of users </li></ul><ul><ul><...
Problem/Opportunity in Social Gaming/Virtual Currencies  Merchants Low rate of paying users (2-3%) High processing costs C...
Noca’s Payment Solution www.noca.com copyright© 2009 Noca Inc All Rights Reserved <ul><li>Frictionless enrollment and tran...
Increase Consumer Conversion  <ul><li>SStart with greater convenience </li></ul><ul><li>TTruly “OneClick Pay” increases co...
Noca’s Solution Reduces  Merchant Cost by 80%  www.noca.com copyright© 2009 Noca Inc All Rights Reserved Payment Processin...
Noca's  “Secure Credit/Secure Check” tm  Differentiators Noca’s superior payment system will offer: Superior Chargebacks: ...
Noca Rides the Debit Trend Wave www.noca.com copyright© 2009 Noca Inc All Rights Reserved Visa Debit Surpassing Credit in ...
Easy Implementation of  Mobile Payments www.noca.com copyright© 2009 Noca Inc All Rights Reserved
Social Media Payments  www.noca.com copyright© 2009 Noca Inc All Rights Reserved Actual facebook screen
Noca Value Proposition <ul><li>Good Consumer acceptance - Frictionless consumer experience </li></ul><ul><li>Good Merchant...
Adoption Metrics  (Feb 10) <ul><li>Total volume through network = $100’s K </li></ul><ul><li>Total number of Merchant sign...
www.noca.com copyright© 2009 Noca Inc All Rights Reserved Competitive Assessment Customer Friendly:  No Registration or Re...
Current status <ul><li>  1M+ users   signed </li></ul><ul><li>4M+ users  discussion/LOI </li></ul><ul><li>80M+ users  disc...
Current status <ul><li>–  Discussion/LOI </li></ul><ul><li>Homeaway  -  RFP/RFI </li></ul><ul><li>–  LOI </li></ul>
The Founding Team <ul><li>Pankaj Gupta [Founder, President] </li></ul><ul><li>Chief Network Architect at VISA </li></ul><u...
Team <ul><li>Glenn Poppe [Biz. Dev] </li></ul><ul><li>Harvard Business School, cum laude </li></ul><ul><li>Ex Boston Consu...
Financials  (How do we make profit) <ul><li>0-1 Million Users </li></ul>1+ Million Users Cross sell to Merchants Advertisi...
Financial Summary <ul><li>Current Capital Raised = 350K, Individual Angel investors </li></ul><ul><li>Terms = Convertibles...
Upcoming SlideShare
Loading in...5
×

Paybl.hps.march2010.ver3.0

190

Published on

Published in: Education
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
190
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • 11/04/09
  • 11/04/09
  • 11/04/09
  • 11/04/09
  • 11/04/09 11/04/09
  • 11/04/09
  • 11/04/09
  • 11/04/09 11/04/09
  • 11/04/09 11/04/09
  • 11/04/09
  • 11/04/09
  • 11/04/09
  • 11/04/09
  • 11/04/09
  • 11/04/09
  • 11/04/09
  • 11/04/09
  • Transcript of "Paybl.hps.march2010.ver3.0"

    1. 1. Transact Freely with One-Click Pay tm Presented to Heartland Payments Systems Mountain View, CA Apr 2010
    2. 2. Q: How to get from thousands to millions of users <ul><li>Have an existing back-end payment infrastructure </li></ul><ul><ul><li>Built an end-to-end payment system for Debit and Credit </li></ul></ul><ul><ul><li>Platform independent, plug and play integration, mobile enabled </li></ul></ul><ul><ul><li>Lowers processing costs radically </li></ul></ul><ul><li>Have a novel Architecture - Frictionless consumer enrollment, no sign-up required </li></ul><ul><ul><li>Allows users to transact without enrollment or redirection (high conversion rates) </li></ul></ul><ul><ul><li>Easy conversion from existing networks to lowest cost settlement system </li></ul></ul>
    3. 3. Answer: Leverage a high growth segment <ul><li>Social gaming/Virtual Currencies have millions of users </li></ul><ul><ul><li>Exponentially high growth, marginal COGS zero </li></ul></ul><ul><ul><li>Payments not their core competence </li></ul></ul><ul><li>Rate of conversion is key in Social networks gaming/Virtual Currencies </li></ul><ul><ul><li>Current rates saturated at 2-3% </li></ul></ul><ul><ul><li>Barter offers extremely lucrative but will taper off </li></ul></ul>
    4. 4. Problem/Opportunity in Social Gaming/Virtual Currencies Merchants Low rate of paying users (2-3%) High processing costs Consumers Poor experience with online transactions No “one-click pay” No small (under $5) transactions
    5. 5. Noca’s Payment Solution www.noca.com copyright© 2009 Noca Inc All Rights Reserved <ul><li>Frictionless enrollment and transaction experience </li></ul><ul><li>No fixed fee per transaction enables small payments </li></ul><ul><li>Lowest cost – no interchange or network fees </li></ul><ul><li>Eliminates most mouths from existing payment food chain </li></ul><ul><li>Easiest and most flexible integration - Most scalable </li></ul><ul><li>Ability to incent loyalty and consumer behavior. Low fraud since goods are virtual </li></ul>Consumer Friendly Solid Fraud Solutions Best Economics Excellent Technology Noca is a game changer for Gaming/Virtual Currencies
    6. 6. Increase Consumer Conversion <ul><li>SStart with greater convenience </li></ul><ul><li>TTruly “OneClick Pay” increases conversion exponentially </li></ul><ul><li>SSubsequent transactions using checks </li></ul>www.noca.com copyright© 2009 Noca Inc All Rights Reserved <ul><li>NNo change in Consumer behavior needed </li></ul><ul><li>PPay once inline, no redirection, auto enrollment with payment information pre-filled </li></ul>
    7. 7. Noca’s Solution Reduces Merchant Cost by 80% www.noca.com copyright© 2009 Noca Inc All Rights Reserved Payment Processing Costs Chargeback Others Fixed Costs Fixed Costs Others Chargeback Payment Processing Costs Current Transaction Cost 3-5% Cost Reduction of 80%
    8. 8. Noca's “Secure Credit/Secure Check” tm Differentiators Noca’s superior payment system will offer: Superior Chargebacks: merchant first right of refusal reduces chargebacks substantially Analytics: an API enabling rich analytics for merchants Real Time: provide real-time information regarding end-to-end payment experience SKU detail: deliver full SKU information and checkout “snap shots”
    9. 9. Noca Rides the Debit Trend Wave www.noca.com copyright© 2009 Noca Inc All Rights Reserved Visa Debit Surpassing Credit in 2008 <ul><li>Tightening lending standards </li></ul><ul><li>Reduction in revolving outstanding balances </li></ul><ul><li>Numerous issuers reducing credit lines </li></ul><ul><li>Legislation and regulation making credit extension challenging </li></ul><ul><li>Consumer desire for “control” </li></ul><ul><li>Noca's system leverages increasing debit adoption </li></ul>Credit Volume Debit Volume US Trends Favoring Debit for 20 years Current Economic Environment Accelerating Shift to Debit
    10. 10. Easy Implementation of Mobile Payments www.noca.com copyright© 2009 Noca Inc All Rights Reserved
    11. 11. Social Media Payments www.noca.com copyright© 2009 Noca Inc All Rights Reserved Actual facebook screen
    12. 12. Noca Value Proposition <ul><li>Good Consumer acceptance - Frictionless consumer experience </li></ul><ul><li>Good Merchant acceptance - Ability to steer consumer from credit or debit option </li></ul><ul><li>Lower cost transactions - Order of magnitude cost difference </li></ul><ul><li>Lower regulatory hurdles - No PCI compliance </li></ul><ul><li>Increased efficiency for recurring payments - Bank accounts do not expire </li></ul>
    13. 13. Adoption Metrics (Feb 10) <ul><li>Total volume through network = $100’s K </li></ul><ul><li>Total number of Merchant signups = 362 </li></ul><ul><li>Total Consumers = thousands </li></ul><ul><li>Average web transaction size = $102 </li></ul><ul><li>Total number of Fraud/Chargeback/Disputes = 1 </li></ul><ul><li>Percentage of fraud/chargeback < 0.1% </li></ul>www.noca.com copyright© 2009 Noca Inc All Rights Reserved
    14. 14. www.noca.com copyright© 2009 Noca Inc All Rights Reserved Competitive Assessment Customer Friendly: No Registration or Redirection Registration or Redirection Low Merchant Fees (0.75%) High Merchant Fees 1-3% +$0.10-0.30
    15. 15. Current status <ul><li> 1M+ users signed </li></ul><ul><li>4M+ users discussion/LOI </li></ul><ul><li>80M+ users discussion/LOI </li></ul><ul><li>15M+ users discussion </li></ul><ul><li>20M+ users contact </li></ul>
    16. 16. Current status <ul><li>– Discussion/LOI </li></ul><ul><li>Homeaway - RFP/RFI </li></ul><ul><li>– LOI </li></ul>
    17. 17. The Founding Team <ul><li>Pankaj Gupta [Founder, President] </li></ul><ul><li>Chief Network Architect at VISA </li></ul><ul><li>15+ years industry experience in financial services </li></ul><ul><li>MS and BS in Computer and Information Science from Ohio State University </li></ul><ul><li>S. Randy Nott [Chief Architect] </li></ul><ul><li>Lead developer at VISA </li></ul><ul><li>15+ years Industry experience. </li></ul><ul><li>BS in Computer Science from Western Michigan University </li></ul>www.noca.com copyright© 2009 Noca Inc All Rights Reserved
    18. 18. Team <ul><li>Glenn Poppe [Biz. Dev] </li></ul><ul><li>Harvard Business School, cum laude </li></ul><ul><li>Ex Boston Consulting Group </li></ul><ul><li>Entrepreneurial experience, International Experience </li></ul><ul><li>Tony DeGangi [Lead, Security and Risk Engineer ] </li></ul><ul><li>Ex MIT Engineer </li></ul><ul><li>Extensive risk operations experience </li></ul><ul><li>BS, MS in Computer Science, Entrepreneurial experience </li></ul>www.noca.com copyright© 2009 Noca Inc All Rights Reserved
    19. 19. Financials (How do we make profit) <ul><li>0-1 Million Users </li></ul>1+ Million Users Cross sell to Merchants Advertising Financial Institutions EBITDA 75+% Per transaction Transaction Cost $0.100 Verification Cost $0.100 SG&A Cost $0.080 COST (COGS + SG&A) $0.280 Avg Trans Size: $70 We charge 1.00% of which we keep 0.50(the other 0.5% in going for incentives) Revenue/Per trans $0.375 Profit /per trans $0.10 EBITDA 35+%
    20. 20. Financial Summary <ul><li>Current Capital Raised = 350K, Individual Angel investors </li></ul><ul><li>Terms = Convertibles with discount </li></ul><ul><li>Pre-money Valuation = under discussion </li></ul><ul><li>Looking to raise $3.5Million </li></ul><ul><li>Use of funds = growth through infrastructure and staff augmentation </li></ul><ul><li>In 4 years, 50M users and 200+M in revenues </li></ul>
    1. A particular slide catching your eye?

      Clipping is a handy way to collect important slides you want to go back to later.

    ×