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Banking on your Mobile

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Mobile Money for Banks, is a quick and easy to deploy bank-branded service that makes your account the anchor for mobile transactions.

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Banking on your Mobile

  1. 1. Banking<br /> on your Mobile<br />
  2. 2. 2<br /> Good News for the Banks<br /><ul><li>The majority of consumers express interest in mobile money offerings
  3. 3. Source: InStat, January 2010
  4. 4. More consumers interact with their mobile devices than with online banking
  5. 5. Source: Compete Inc.
  6. 6. Consumers strongly prefer financial services to be offered through their bank vs. another third party
  7. 7. Sources: Compete Inc. and Obopay primary research</li></ul>Corporate Website<br /> Like us on www.facebook.com/ObopayMobilePayments<br />
  8. 8. Good News for the Banks<br />Mobile Money Replaces Check and Cash Transactions and Turns Cost Into Revenue. <br />Cash still represents the most common consumer payment option with less than 30% of all small businesses accepting any form of electronic payment.<br /><ul><li>Nielson Report, 2009 and Payment News, March 2010</li></ul>Corporate Website<br />Follow us on http://twitter.com/Obopay<br />
  9. 9. Banks Need To Avoid Being<br /> Disinter mediated<br />The First Wave Of Mobile Payments Bypassed Banks <br /> “Any bank that isn’t looking at how to enter the mobile money market as quickly as possible is risking the loss of business to competitors, carriers, or PayPal. Given the considerable level of consumer interest, what banks need is a solution that is easy to implement, inexpensive and fast to deploy.  We should anticipate a wave of bank deployments over the next six months.”<br /> - Bob Hedges, Managing Partner, Mercatus<br />Corporate Website<br />
  10. 10. Mobile Money for Banks<br />Mobile Money for Banks, is a quick and easy to deploy bank-branded service that makes your account the anchor for mobile transactions. <br />Corporate Website<br /> Read our http://blog.obopay.com/<br />
  11. 11. Thank You<br />www.facebook.com/ObopayMobilePayments<br />http://twitter.com/Obopay<br />http://blog.obopay.com/<br />www.linkedin.com/company/obopay<br />

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