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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
2CONCEPT APPROACH
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.
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
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
6
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?
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
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
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
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
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
12
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?
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
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
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
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?
17PAYPAL GOES OFFLINE
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 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
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
19
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
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:
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.
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
24
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

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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
  • 6. 6 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
  • 12. 12 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 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 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
  • 19. 19 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
  • 23. 24 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