TokenID presents its ultimate solution for Payment Service Providers (PSP) market. Like for many other markets the key factor of success at PSP market is wide market offering, i.e. each PSP wants as much as possible merchants being accepted its payment method. Expanding PSP offering is called “merchant acquisition” and it’s both expensive and takes time. At the same time all, or almost all, merchants in the world are connected to payment networks – credit cards infrastructure. TokenID leverage credit cards infrastructure to enable “merchants acquisition” overnight, with null acquisition cost by converting PSP payment transactions into credit card transaction with one-time-use credit card credentials.
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TokenID introduction
1. 1
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
A FinTech Company
3. 3OPPORTUNITY SUMMARY
What Is TokenID?
A patent-pending tokenization technology that issues a one-time-use
credit card number for alternative payment methods, allowing
Payment Service Providers to be accepted by any existing credit
card system
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
4. 4SOLUTION
The TokenID solution:
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
• A universal solution for payment service providers
• Converts any payment into a 16-digit credit card token
• Tokens useless if stolen after a transaction
• Works with online websites and physical point-of-sale
5. 5
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
SecurityPayment
Authentication MechanismUniversal Convertibility
TWO MAIN ADVANTAGES
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Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
What if Apple Pay used TokenID technology?
7. 7STEP 1 – USER SELECTS APPLE PAY
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
• Apple Pay is pre-
installed as a default in
the Safari Browser
• During the payment
process, the user clicks
on the Apple Pay
browser icon
Apple Pay Logo: http://www.wikipedia.com
8. 8STEP 2 – USER ENTERS PHONE DETAILS
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
• The user is prompted
to enter in their iPhone
number and click
continue
• Once the user clicks on
“Remember my
iPhone”, this step is
omitted for all future
transactions
Apple Pay Logo: http://www.wikipedia.com
9. 9STEP 3 – CONFIRMATION VIA iPHONE
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
• A notification is sent to the
iPhone via TokenID technology,
and the user confirms payment
via Apple Pay biometric
fingerprint verification
Photo: http://s3.amazonaws.com
10. 10STEP 4 – VIRTUAL CARD DELIVERY
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
• After Apple Pay verification, a
one-time virtual credit card
number is issued by TokenID for
use on the specified merchant
website
• The one-time use credit card
details are auto-populated in the
merchant credit card payment
fields, and checkout can be
completed
11. 11APPLE PAY PROBLEMS SOLVED
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
• Merchant API integration is no longer necessary, enabling
Apple Pay to work with any online merchant
• Apple Pay user payment details can never be compromised
for online purchases, even during merchant breaches
• Safari browser has a major selling point for increasing
user browser installs and generating revenue
• TokenID is free and costs nothing for Apple Photo credit: www.gotcredit.com
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Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
What if Facebook used TokenID technology?
13. 13STEP 1 - FACEBOOK MESSENGER PAYMENTS
• The Facebook peer-to-peer payments
model allows for transference of funds
from one end-user to another
• A transaction occurs in three-steps,
where money is sent, but it cannot be
spent outside of Facebook
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
Photo: http://www.fortune.com
14. 14STEP 2 - MESSENGER POINT-OF-SALE PAYMENTS
• Using TokenID technology, messenger
transactions can be converted into
one-time use virtual credit cards and
redeemed at NFC POS terminals
• No internet connection is needed for
messenger to function as a reliable
transaction system
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
Photo: http://www.dailytech.com/ & http;//www.blogcdn.com
15. 15FACEBOOK PROBLEMS SOLVED
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
• Messenger can be used for real-world POS transactions
• User payment details are protected from all external
parties
• Enables potential payment applications on websites
outside of Facebook
• TokenID is free and adds value at no cost to Facebook
Photo credit: www.facebook.com
16. 16
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
What if PayPal used TokenID technology?
17. 17PAYPAL GOES OFFLINE
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It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
• The user approaches mobile device to contacless
POS and activate mobile application
• After PayPal authorization, a one-time virtual credit
card number is issued by TokenID and sent to POS
PayPal Logo: http://www.wikipedia.com
18. 18PAYPAL BENEFITS
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
• PayPal expands its merchants base overnight with
no need in integration and business arrangements
• PayPal preserves high level of payment security
• Supports both online and POS (via NFC/SMT)
payments
• TokenID service is free and costs nothing for PayPal Photo credit: www.gotcredit.com
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Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
Use case: PayPal. The Purchase volume (in $ billion)
* WorldPay Report 2013
** Market Statistics & Industry Facts 2013
*** The 2013 Federal Reserve payments Study
20. 20
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
Use case: PayPal. Estimated revenue growth.
Revenue sharing rate = 50%
Fee margin = 1.5%
CPN – card not present transactions
CP – card present transactions
100%
115%
134%
175%
Assumptions:
21. 21OTHER OPPORTUNITIES
Foreign Exchange Industry: $5.3 trillion daily
Stock Market Exchanges: $64 trillion per year
Worldwide Online E-Commerce: $1.5 trillion per year
Global Remittance: $600 billion per year
Non-Cash Payment & Bank Systems: $333 billion per year
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
22. RECYCLING
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
AUTHENTICATIONTOKENIZATION:
Authentication-Based
Tokenization
Recycling Tokenization
Connection independence
Unlimited scalability
Interception invulnerability
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THANK YOU
Notice: The content of this presentation is proprietary and confidential information of TokenID Security Ltd.
It is not intended to be distributed to any third party without the expressed written consent of TokenID Security Ltd.
TokenID Security Ltd
Tel. +972 (54) 4229251
E-mail: info@tokenid.com
Web: www.tokenid.com