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Future Proofing your PaymentsUnleashing the power of smart payment through contactlesschannelsRBTE, London, 13th March 201...
Who we are    The Smart Payment Association addresses the challenges of today’s evolving    payment ecosystem. We offer le...
What we do          The SPA works in partnership with global standards bodies, its own vendor              community, and...
898 Mio. Smart Payment Card Shipped in                              2011 by SPA Members**includes all chip payment cards –...
Payments Technology Darwinian Look                                           Main Drivers:                               ...
TAM > 1 Billion in 2011*                                    EUROPE                                 TAM: 367M              ...
Are EMV Cards Protecting You?                                       Most of EMV Cards deployed in West Europe + other    ...
Alternate Payments to Cards       Checks                                QR-code         Less and less                  ...
Internet Payments Card-not-present Problem            Back in the 50’s     3D-Secure bringing some      improvement EM...
Contactless Technology                                   The Opportunity / Challenge                    2-3cm      Bundli...
130+ Mio Contactless Payment Cards                     delivered by SPA Members in 2011      Contactless technology = 15%...
NFC Revolution is Happening                                                                                               ...
The NFC Deployment                     NFC technology based on Secure Element                     NFC Contactless techno...
Latest Publications & Contribution      SPA contributing to:       EMV standard         Technical Associate and Board M...
www.smartpaymentassociation.com     Contact: info@smartpaymentassociation.com15   March 2013                              ...
Thank Youwww.smartpaymentassociation.com                                  future proofing your payments
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SPA Futureproofing your payments at RBTE 2013 in London this week

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SPA Futureproofing your payments at RBTE 2013 in London this week

  1. 1. Future Proofing your PaymentsUnleashing the power of smart payment through contactlesschannelsRBTE, London, 13th March 2013 future proofing your payments
  2. 2. Who we are The Smart Payment Association addresses the challenges of today’s evolving payment ecosystem. We offer leadership and expert guidance to help members and their financial institution customers realize the opportunities of smart, secure and personalized payment systems and services - both now and in the future. Since 2004 Members:2 shaping the future of payment technology
  3. 3. What we do  The SPA works in partnership with global standards bodies, its own vendor community, and an expanding ecosystem of established and emerging brands; offering an ever-growing portfolio of advisory and support services.NonTraditional Ecosystem Expert Advisor Services Help shape the future of paymentsCustomers Members Customers Services Bring Value to Financial Institutions Fig 1 Members Services Extending advisory and Trade Organization support across the evolving community, the SPA is addressing today’s challenges and shaping the future direction of payment technologies, standards andTraditional/ Smart Card Technologies Advanced/ New business models. 3 shaping the future of payment technology
  4. 4. 898 Mio. Smart Payment Card Shipped in 2011 by SPA Members**includes all chip payment cards – EMV represents more than 90% of SPA shipments 4 April 2012 shaping the future of payment technology
  5. 5. Payments Technology Darwinian Look  Main Drivers:  Convenience  Security5 shaping the future of payment technology
  6. 6. TAM > 1 Billion in 2011* EUROPE TAM: 367M NORTH ASIA TAM: 153M CISMEA**NORTH AMERICA TAM: 88M TAM: 129M SOUTH EAST ASIA SOUTH AMERICA TAM: 87M TAM: 213M EMV cards deployed or in advanced deployment EMV cards in deployment * 2011 Estimated Total Available Market (1037 M) Magnetic Stripe by Geographies in Millions – Includes all chip payment cards ** Includes Turkey 6 April 2012 shaping the future of payment technology
  7. 7. Are EMV Cards Protecting You?  Most of EMV Cards deployed in West Europe + other specific areas 5.2Bn Payment Cards shipped in 2011  EMV deployment is pushing Fake Magnetic Stripe Cards out of Europe, but Fraud bounces back-in 29%  Good implementation of EMV proven to significantly reduce fraud  25% are Private label cards: Retail, Airlines, Petrol, Transport,.. 0.69B71% Intl.Schemes Private Label Chip & PIN Others Mag Stripe 3.21B 1.33B7 Sources: EMVCo & Nilson Report shaping the future of payment technology
  8. 8. Alternate Payments to Cards  Checks  QR-code  Less and less  Appealing: (almost) no  Small checks replaced infrastructure needed by Debit Cards  Optical reading:  Large checks replaced  not-fast, light ambience by money transfer dependant  No standard, dependent on issuers  Apps dependent  Cash  Security: genuine codes are  Still most convenient for small checked inside phone apps. payment amounts  User recurring costs (SMS)  Legal Value Money  Slowing down NFC deployment  It is there to stay  Cash virtualization could happen  Pre-loaded mobile  Cloud based currencies8 March 2013 shaping the future of payment technology
  9. 9. Internet Payments Card-not-present Problem  Back in the 50’s  3D-Secure bringing some improvement EMV card enable:  Dynamic card generation  One-time-passwords (e-Banking) SPA supports & promotes EMV utilization of technology with stakeholders  Use of EMV card with a personal terminal device  Scalable, secure  Interoperable9 shaping the future of payment technology
  10. 10. Contactless Technology The Opportunity / Challenge 2-3cm  Bundling several services  Payments  Loyalty, Identification,  Other 3rd party application  Not just for fast transaction Freedom of form factors  ISO Cards or NFC Mobile10 shaping the future of payment technology
  11. 11. 130+ Mio Contactless Payment Cards delivered by SPA Members in 2011  Contactless technology = 15% share of smart payment card shipments.  Dual-interface = 80 % Y-to-Y growth (represents more than 80% share of contactless shipments)11 April 2012 shaping the future of payment technology
  12. 12. NFC Revolution is Happening 12 Consumer electronics Tags & Cards Transport Payment Smart Poster12 12 shaping the future of payment technology
  13. 13. The NFC Deployment  NFC technology based on Secure Element  NFC Contactless technology is not just for mobile payments  NFC deployment is happening behind Mobile Handlsets and NFC POS.  Many devices will be NFC capable  NFC transactions  Not just payments  Co-locating with other services  Get ready to exploit NFC pervasiveness Transport  Strong Standardization effort : ISO, EMVCo, NFC-Forum13 March 2013 shaping the future of payment technology
  14. 14. Latest Publications & Contribution  SPA contributing to:  EMV standard  Technical Associate and Board Member, Card Representative  EMVCo 2.0 Next Generation Taskforce PIN by SMS  SEPA standard  Innovative Payment WG at EPC (Chair) Private Label  SCCMB Preparatory Committee Member Payment  Security and Conformity WGs Member Systems  Upcoming Papers Security for Mobile  Software Fallback Chip Solution Payments  Biometric for Payments  Mobile Payment Platform Security Certification Business Continuity Management in the Payment Card Industry14 shaping the future of payment technology
  15. 15. www.smartpaymentassociation.com Contact: info@smartpaymentassociation.com15 March 2013 shaping the future of payment technology
  16. 16. Thank Youwww.smartpaymentassociation.com future proofing your payments

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