Mobile Payment Systems

1. RighTel
Mobile Payment
RighTel Co.
Presented at IT Department
Prepared by: Mahdi Khobreh
Summer 2016
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2. RighTel
Prepared by: Mahdi Khobreh
Intro
• -Mobile payments will reach 90B USD in
2017
• At 2012 mobile payment was 12.8 B USD
• - Apple,Sumsung,PayPal,Google are pioneer
at mobile payment system.
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3. RighTel
Prepared by: Mahdi Khobreh
Mobile system Payment
Card holder
merchant
acquirerCard Network
Issuer
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4. RighTel
Prepared by: Mahdi Khobreh
Mobile Payment process
• Two New Player is added:
• MNOs
• MPSP
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5. RighTel
Prepared by: Mahdi Khobreh
Mobile Payment
Systems
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6. RighTel
Prepared by: Mahdi Khobreh
Mobile System Payment
1) Mobile payment at the POS:
- NFC technology: Google Wallet, Apple Pay
Security is based on Secure Element chip and
Unlocking phone
- Samsung Pay: in addition of NFC, it utilized
by magnetic secure transmission (MST)
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7. RighTel
Prepared by: Mahdi Khobreh
Mobile payment systems
2) mobile payment as the POS:
Merchant use mobile as the POS,
Requires: device to swipe the card and an
application
Square Register:
1- Magnetic cards,
2- EMV chip cards,
3- NFC payments
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8. RighTel
Prepared by: Mahdi Khobreh
Mobile Payment Systems
3) Mobile payment platform:
• It provides online services on the device, it
can use as “mobile payment at the POS” as
well.
• It mostly use in online payment such as:
Alipay and Paypal.
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9. RighTel
Prepared by: Mahdi Khobreh
Mobile system payments
• Independent Mobile Payment System:
• It is simlar to “ mobile payment platform” but
it use for a specific company only.like:
Amazon or Starbucks
• Wechat red envelop in 2014 become
popular and has transformed to a mobile
payment platform.
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10. RighTel
Prepared by: Mahdi Khobreh
Mobile system Payment
• 5) Direct Carrier Billing:
- This method allows users to purchase products or services using
their mobile.
- It does not require credit card.it will charge on mobile billing
monthly.
- SMS works here
- User enter its mobile no. in website a code will sent to its no. By
entering that code in website purchase will done.
- Now a days its popular in Europe & US. Boku works with 250
carriers and works with Facebook, EA, Sony, Spotyfy, lookout
and Riot game
- The market of directcarrier billing predicted to be 6B USD by
2017
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11. RighTel
Prepared by: Mahdi Khobreh
Mobile Payment security
1) Mobile Payment Security services:
Mobile security in mobile payment desired to include:
- Authentication
- Access control
- Confidentially
- Integrity
- Nonrepudiation
- Availability
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12. RighTel
Prepared by: Mahdi Khobreh
Mobile payment Security services
2) Mobile payment security Mechanism:
- Fingerprint
- Username/Password
- Multi-factor authentication
- SSL/TSL
- Secure elements
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13. RighTel
Prepared by: Mahdi Khobreh
Mobile payment security
challenges
- Malware Detection
- Multifactor authentication
- Data breach prevention
- Fraud detection and protection
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14. RighTel
Prepared by: Mahdi Khobreh
• Thanks & Regards
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