Overview of the Different Mobile Payment systems
- NFC based Platforms such as Google Wallet and ISIS
- Systems like Square, VeriFone, Card.io Naratte Zoosh and other exciting and disruptive startups in this space.
Overview of the Different Mobile Payment systems
- NFC based Platforms such as Google Wallet and ISIS
- Systems like Square, VeriFone, Card.io Naratte Zoosh and other exciting and disruptive startups in this space.
A hardware and software platform, which turns a smartphone into a powerful payment, loyalty and identification tool:
- All-in-one,
- Simple authentication & authorization,
- P2P transfers,
- Pay by QR code,
- Pay by NFC,
- Pay by cards linked to an account,
- Mobile acquiring,
- Invoices,
- Loans,
- E-policies,
- Consolidation of loyalty programs,
- Discounts and promotions,
- Ticketing.
White Label - under Your Brand in 2-3 months!
Introduction of E-Wallets, its types, Advantages,Disadvantages, Examples of E-Wallet,Needs of E-Wallet, Top E-Wallets in World and in India, Description of Mobikwik, its Steps, Architecture of transfer between two wallets, About Paytm, How does Paytm Earn, Recharge on PayTm, Steps to use Paytm, Web Technologies of Paytm, Good at Paytm and Bad at it, Our own proposed system to overcome the disadvantage of existing system
Epayments system in India and globally iit project abhiROCKS1103
IIT project on epayments. Including all the method uses and innovations in e payments and the growth of epayments in the modern world and rapid growth in india after demonetization.
How does an online payment gateway work? What important features do reliable payment gateways have? What should merchants look for in payment gateways? Learn these and other answers from our guide - https://goo.gl/PtDiqj
Start accepting payments on your website →→→ https://bit.ly/2xIN1Oj
Studied technology involved in E-Wallets and how it helps in payment process,market place model, revenue generation of Paytm,its marketing strategy,demonitisation and its after effects.
What is Electronic payment system.
E-payment system.
Problem with Traditional payment methods.
Problem in implementation of electronic payment.
Some of the modes of electronic payments.
Advantage & Disadvantage Of Electronic Payment.
Mobile devices are becoming a central point for the future of hardware and technology that is enabling commerce in the online and offline world. Being the enabler between body monitoring identification systems, wearable pairing, and merchant-based hardware and software, mobile hardware is becoming the most important central piece of technology towards the future of commerce.
As we look into the technology that is enabling this next stage of mobile commerce growth, we’ll explore the identification systems, hardware prototypes, digital currencies, and open technology that is becoming an accessory to this new mobile payments world.
A hardware and software platform, which turns a smartphone into a powerful payment, loyalty and identification tool:
- All-in-one,
- Simple authentication & authorization,
- P2P transfers,
- Pay by QR code,
- Pay by NFC,
- Pay by cards linked to an account,
- Mobile acquiring,
- Invoices,
- Loans,
- E-policies,
- Consolidation of loyalty programs,
- Discounts and promotions,
- Ticketing.
White Label - under Your Brand in 2-3 months!
Introduction of E-Wallets, its types, Advantages,Disadvantages, Examples of E-Wallet,Needs of E-Wallet, Top E-Wallets in World and in India, Description of Mobikwik, its Steps, Architecture of transfer between two wallets, About Paytm, How does Paytm Earn, Recharge on PayTm, Steps to use Paytm, Web Technologies of Paytm, Good at Paytm and Bad at it, Our own proposed system to overcome the disadvantage of existing system
Epayments system in India and globally iit project abhiROCKS1103
IIT project on epayments. Including all the method uses and innovations in e payments and the growth of epayments in the modern world and rapid growth in india after demonetization.
How does an online payment gateway work? What important features do reliable payment gateways have? What should merchants look for in payment gateways? Learn these and other answers from our guide - https://goo.gl/PtDiqj
Start accepting payments on your website →→→ https://bit.ly/2xIN1Oj
Studied technology involved in E-Wallets and how it helps in payment process,market place model, revenue generation of Paytm,its marketing strategy,demonitisation and its after effects.
What is Electronic payment system.
E-payment system.
Problem with Traditional payment methods.
Problem in implementation of electronic payment.
Some of the modes of electronic payments.
Advantage & Disadvantage Of Electronic Payment.
Mobile devices are becoming a central point for the future of hardware and technology that is enabling commerce in the online and offline world. Being the enabler between body monitoring identification systems, wearable pairing, and merchant-based hardware and software, mobile hardware is becoming the most important central piece of technology towards the future of commerce.
As we look into the technology that is enabling this next stage of mobile commerce growth, we’ll explore the identification systems, hardware prototypes, digital currencies, and open technology that is becoming an accessory to this new mobile payments world.
Different Types of Mobile payments
Payment Models
- SMS/USSD-based transactional payments
- Direct mobile billing
- Mobile web payments (WAP)
- QR Code Payments
- Contactless Near Field Communication
- Cloud-based mobile payments (Please elaborate applepay, google, paypal and others)
- Audio signal-based payments
- Direct carrier/bank co-operation
Using mobile devices to complete payment transactions in stores is on the brink of mass adoption in North America. What's not clear yet is what technology will be the most popular and how these methods of payment will be secured. So far, security seems to be an afterthought in some early attempts at a mass-market approach to mobile payments - including one particular app that happens to have 12 million users and a glaring loophole.
The Future of Mobile Payments – Role of mobile wallets in consumer purchase j...Data N Charts
This report will look into why US consumers aren’t warming up to mobile payment services and how mobile wallets can integrate shopping and peer-to-peer transfers to make payments relevant with smartphone owners for wider adoption.
DigiPay began its journey in the year of 2019
under the umbrella of Peerbits, a leading mobile
application development company. DigiPay has
come up with several digital financial solutions
such as Mobile Money, Agency Banking,
Automated Fuel Solution, Parking Solution, etc.
This deck was part of a presentations at GMIC, On Android Conf & AnDevCon 2013. Recent tech & acquisitions noted, as well as a review of the PayPal Android SDK integration basics. High level overview for developers new to PayPal Android SDK.
The BFS industry track touched upon analyze and digitize as themes. Included "Achieving Data Leadership & Deeper Timely Insights" and "mPayments" as two areas for customer talks, points of view and panel discussions. Chaired by M.V. Ramana Murthy, VP & Head, BFS, TCS
Analysis of Mobile Payments in Singapore - v0.3 Jan 2018Jerry CHI 迟欣
1.Mobile Payment Players:
Banks & FIs: PayLah, Dash, UOB Mighty, OCBC Pay Anyone
Digital Giants: Apple Pay, Android Pay, Samsung Pay, AliPay, Wechat Pay, etc.
Others: GrabPay, Uber, Starbucks, AirPay, etc.
2. Formula of Successful Mobile Payments:
Learned from PayPal, AliPay, Wechat Pay etc., successful payment products need to bring relevance (strong user scenarios) and convenience (smooth user journey).
Strong user scenarios:
Offline, online, in-app;
Restaurants, taxi, fast-food, stores, café, markets, e-commerce market places, app stores / google play, games, etc.
Smooth user journey:
DO NOT complicate payment flows w/ Counter Code, physical token
3. Some open discussions:
Card schemes vs. direct bank connections;
NFC vs. QR Code;
Merchant QR Code vs. Customer QR Code;
An overview of digital wallets and its usage. Check how Digital wallets works and its benefits of using digital wallet. Here's listed popular digital wallets in India like as Paytm, Aritel Money, UPI, Phonepe etc.
A short summary of trends and technology in mobile payments. A brief look into the past, present and future of mobile payments. We will have detailed sessions on each in the coming versions.
This session discusses about the payment systems available in an commerce environment. Which include:
credit card e-commerce transactions, e-commerce digital payment in the b2c arena, and electronic billing and presentment systems.
Identity and Access Management Solutions for Financial InstitutionsAlireza Ghahrood
Key trusted identities solutions that provide a truly
secure and frictionless omni-channel experience
F I N D O U T M O R E >
Innovation that helps meet
compliance and enables
your digital business
Don’t let regulations and compliance
standards such as PSD2, PCI DSS, or
FFIEC hold you back. We reduce risk
and help you enable a secure digital
banking experience while addressing
Transaction verification and signing security compliance.
The increasing sophistication and frequency of fraudulent
attacks requires you to secure transactions with strong
authentication, without hindering the customer experience.
Our solutions will empower your customers to quickly and
easily verify transactions through mobile solutions such as
out-of-band mobile push notifications and mobile smart
credentials.
Advanced adaptive athentication
Consumers want a secure yet frictionless banking experience.
Adaptive authentication provides an innovative approach by
adding a transparent layer of security for your customers.
Assess a range of contextual attributes in real-time, and
provide deep security and identity insights during login.
This leads to fewer step-up challenges and help desk calls
and reduces the number of fraudulent transactions.
Device reputation
Ensure the integrity of your customer’s device before
they open an account, sign into their banking applications,
or conduct a transaction. Our device reputation solution
allows you to add a layer of security while reducing any
unnecessary customer involvement, providing a seamless
and transparent experience. By relying on multi-factor
authentication only when necessary, device reputation
allows your organization to balance usability and security.
Mobile innovations
Customers can now manage all of their banking needs
with the device they love most – their mobile device.
Mobile enables push notifications as well as transparent
authentication methods such as touch ID and facial
recognition
when Demonitizaton happens in our country in 2019. From that most of people are using digital wallets for every transaction. This PPT will helpful to know about digital wallet.
Do you know that according to Pyramid Research, Vietnam is among the hottest markets for mobile development in Southeast Asia? Let's take a look! http://bit.ly/23cBZp9
Facing trouble in distinguishing Big Data, Hadoop & NoSQL as well as finding connection among them? This slide of Savvycom team can definitely help you.
Enjoy reading!
Do you know what is the main factor that determines a successful project? At Savvycom, we believe that good project management is the key. Therefore, we conducted a training workshop on this topic for our team to have a good understanding of the project management. During the workshop, we went through the basic definitions to very advanced techniques and tips. We do hope that after the workshop, our member will be equipped with essential tools to manage project more effectively.
It’s undeniable the importance of etiquette in the business nowsaday. It contributes to determine the success or failure of an enterprise. Therefore, in order to offer Savvycomers the essential tools to professionallly in the workplace and communicate effectively with clients, an internal training workshop on business etiquette was held in the meeting room on November 26th 2015.
RIM has just released its latest Blackberry 10 with the Z10. The world is looking forward to the Q10. What is in BB10 to win market share over Apple and Google?
Do you believe that your game idea is going to be a big hit? Then let's see the list of what you should and shouldn't do to make sure your game is a grand success.
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For more information, please visit:
*W: http://savvycomsoftware.com
*L: http://linkedin.com/company/savvycom
*F: http://facebook.com/savvycom
Last year 2012, we were all amazed by various breakthroughs in Information Technology. Let's see how it will go in 2013.
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For more information, please visit:
*W: http://savvycomsoftware.com
*L: http://linkedin.com/company/savvycom
*F: http://facebook.com/savvycom
Cloud computing has been on the rise, and it is going to be increasingly explosive in the next few years. If you are considering adopting cloud computing as one of your business strategies, don't forget to analyze its pros and cons to make the right decision.
If you are considering adopting outsourcing as your business strategy, don't forget to do it in the right order, otherwise it would turn out to be counteractive.
Asia has become one of the most ideal places for outsourcing. Let's take a look at the reason why and what you should do when adopting outsourcing in Asia.
7. What is Mobile Payment
A transfer of funds in return for a
good or service, where the mobile
phone is involved in both the
initiation and confirmation of the
payment.
8. What is Mobile Payment
Location of payer
Mobile
On the move
Point of Sales
Support infrastructure to process payment
Credit card
Prepaid wallet
12. Different Forms Of Mobile Payment
• SMS Payment
• QR Code Payment
• NFC Payment
• PaymentsWithin Apps Or MobileWebsites
• Virtual PrepaidCards
• Mobile Credit Card Readers
13. SMS Payment
• Prominent in developing
markets
• Attractive for micro
payments
• Fast, easy and
anonymous
• Less popular now in
mature markets
19. Apple Pay
• NFC Integration
• Touch ID for Security
• "Tokenization"
• Accepted at 200,000 Locations in U.S.
• Supported by iPhone 6, 6 Plus, AppleWatch
There are only 1.3 billion active credit and debit accounts globally, but considering that there are more than 5 billion active mobile phone accounts, there is potential for widespread application of global mobile payments.
By the end of 2013, there were about 245 million mobile payment users, and Juniper Research predicts this will almost double within the next three years up to 450 million mobile payment consumers by 2017
Areas:
Africa currently holds the top place for mobile payment usage worldwide
Mobile payments first became popular in Asia and Europe before becoming more common in the United States and Canada. They can be sent (most popularly) by text message, by passing a smartphone screen displaying a special barcode under a store's barcode scanner or by using a phone to take a photo of a check and sending it. The cost of the purchase may be added to the consumer's phone bill or paid by credit or debit card.
Mobile payments first became popular in Asia and Europe before becoming more common in the United States and Canada. They can be sent (most popularly) by text message, by passing a smartphone screen displaying a special barcode under a store's barcode scanner or by using a phone to take a photo of a check and sending it. The cost of the purchase may be added to the consumer's phone bill or paid by credit or debit card.
Payments via SMS have been around for a long time already and are still very prominent in developing markets. SMS are attractive for micro payments and are fast, easy and anonymous. Nowadays, in mature markets, SMS payment is an unusual way to pay with your smartphone.
Reference: http://www.mobiletransaction.org/what-are-sms-payments/
Almost everyone has scanned a QR code until now and most of the time the reason was just to try it out. Besides that, QR codes haven’t been successful as a marketing tool yet. As a mobile payment tool, however, they are more performing better. QR codes can be scanned with phones in order to be directed to a mobile website or location within an app with the option to buy a product. This way can be time-saving. You can avoid cues of waiting customers or even order something before you enter a fast food restaurant and pick up your order directly when you arrive.
Split Bread, a gourmet sandwich restaurant, implemented QR codes quite well. On every table customers can scan a code, order and pay directly on their phone without ever talking to a waiter.
NFC – which has become quite a buzz word now – stands for Near Field Communication. NFC chips are now a standard feature for new smartphones. Interestingly, Apple decided to wait using NFC chips in their iPhone. With such a chip a customer simply has to put his smartphone close to a NFC reader to make a purchase. You will have the possibility to pay your new sweater or your groceries with a swipe over a NFC terminal. Some cities already use NFC payment systems in public transport. With this form of mobile ticketing, passengers can pay their ride with their smartphone instantly.
Some critics say that there is no added value to NFC payments in stores. It’s as much work as pulling out a credit card and swiping it through a card reader. In both cases an additional action is required (PIN or signature). This might be true but, eventually, I think that people will tend to use the phone instead. They will use it in other payment situations as well and rather stick to only one payment tool.
Google has developed the currently most known NFC payment application called Google Wallet. You can link your credit and reward cards securely to the app and pay for goods in stores with a NFC terminal.
NFC technology is also used more often as a marketing tool. We have already covered some NFC marketing best practices. Check it out if you are interested in the marketing side of NFC.
Such payments are usually m-commerce payments and purchases of digital goods (explained in “Remote Payments” above). One great example is the e-commerce shop Fab.com. They have successfully designed intuitive apps, which have been generating one third of their sales on this year’s Thanksgiving.
Also, more and more online shops are offering their customers to pay their order online with their mobile device using Google Wallet. It’s a win-win situation: customers can easily skip filling out annoying forms and purchase an item with only one click. This will most likely increase conversion rates and revenue.
A virtual prepaid or gift card is basically a digital version of the plastic gift card inside of an app. Starbucks did a good job there. It uses this approach to offer their customers an easier way to pay for a hot coffee. Starbucks Cards exist in both versions, a plastic card with an amount of money on it and the same card, but only digital in the Starbucks app.
If you pay for your order with your virtual card the app will spit out a barcode, which will be scanned to complete your purchase. Starbucks also offers its customers to pay with their Square Wallet app, which works similar to Google Wallet. This is possible in over 7000 locations. It works similar, a barcode gets scanned and you pay with your credit card instantly.