Mobile payment
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Mobile payments are growing rapidly, expected to reach $90 billion by 2017. There are several methods of mobile payment including payment at point-of-sale using NFC technology or magnetic secure transmission, mobile devices being used as point-of-sale, mobile payment platforms for online payments, independent payment systems for specific companies, and direct carrier billing which charges purchases to users' mobile phone bills. Security is crucial for mobile payments and involves authentication, access control, confidentiality, integrity, non-repudiation and availability using mechanisms like fingerprints, passwords, multi-factor authentication, and SSL/TLS with secure elements. Major challenges to address include malware detection, multi-factor authentication, data breach prevention and fraud detection and protection.
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Technology Trends in Finance 2016
The document discusses technology trends in finance that will emerge by 2020, including the growth of mobile payments and frictionless transactions through expanded acceptance of mobile wallets. It also predicts growth in the use of chip cards and digital currencies like Bitcoin. Financial institutions will need to offer omnichannel services and leverage big data through analytics to gain customer insights. Cybersecurity will also need to be tightened as hackers become more sophisticated. The trends highlighted may lead to growth in e-commerce, increased regulatory scrutiny, and more venture capital investment in financial technology. Financial professionals are advised to help drive technological changes, learn new skills, and act responsibly to take advantage of emerging opportunities.
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Oμιλία από την Έφη Πρεσβεία, Επικεφαλής Επιχειρηματικής Μονάδας Ηλεκτρονικού Επιχειρείν, Eurobank στο πλαίσιο του Digital Finance Forum 2016
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Analysis of Mobile Payments in Singapore - v0.3 Jan 2018
1.Mobile Payment Players:
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Digital Giants: Apple Pay, Android Pay, Samsung Pay, AliPay, Wechat Pay, etc.
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Learned from PayPal, AliPay, Wechat Pay etc., successful payment products need to bring relevance (strong user scenarios) and convenience (smooth user journey).
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Restaurants, taxi, fast-food, stores, café, markets, e-commerce market places, app stores / google play, games, etc.
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Google Wallet Plus is a premium version of Google Wallet that allows users to send and receive money with no fees. The marketing plan aims to expand the app's market share worldwide and establish trust among users. Key strategies include targeting the 5 billion mobile payment users, collaborating with Google apps, and offering unique features like requesting and tracking money from others. The plan will implement these strategies through the app's distribution on Google Play, incentives for frequent users, and communication channels for feedback.
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This report takes an in-depth look at how the industry landscape is evolving and some of the key trends driving innovation.
Έφη Πρεσβεία, Επικεφαλής Επιχειρηματικής Μονάδας Ηλεκτρονικού Επιχειρείν, Eur...
Oμιλία από την Έφη Πρεσβεία, Επικεφαλής Επιχειρηματικής Μονάδας Ηλεκτρονικού Επιχειρείν, Eurobank στο πλαίσιο του Digital Finance Forum 2016
Περισσότερες πληροφορίες: http://digitalfinance.ethosevents.eu/
Novatti Digital Wallet brochure
Novatti's White-Label Digital Wallet
The Novatti Digital Wallet is a proven, robust and scalable electronic wallet solution for developed and developing markets. Ready to deploy with minimum development effort, this technology can be provided as a turnkey, OEM, or hosted solution.
The Digital Wallet application uses other Novatti modules to integrate with telecommunications infrastructure, financial institutions, and other third-parties using standards-based and proprietary protocols. Settlement of user accounts with external and internal agencies is achieved by regular production of multi-party electronic banking files containing all settlement details.
Cost and Features to Develop e-wallet Mobile App
Today the businesses are widely using the e wallet mobile app and replacing the need of carrying the cash. If you own a retail business, It is advised to contact mobile app development company, but always keep the trio of effort, risk and cost at perfect balance.
Know More: https://devtechnosys.com/ewallet-app-development.php
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Google Wallet Presentation
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Google wallet
This document provides an overview of Google Wallet, an Android app that allows users to store virtual versions of credit and loyalty cards on their phone and pay for purchases by tapping their phone. It describes how near field communication (NFC) technology enables contactless payments and data exchange. Key features of Google Wallet include storing multiple payment cards and offers, redeeming loyalty points with a single tap, and security measures to protect stored payment credentials.
Analysis of Mobile Payments in Singapore - v0.3 Jan 2018
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;
Google Wallet: The Fanatics Experience
Our friends at Google Wallet and Fanatics joined us on May 9th to talk about the role of the digital wallet in mCommerce today and how retailers can capitalize on current and future opportunities in this space.
We invite you to watch the session replay here: https://gopivotal.webex.com/gopivotal/lsr.php?RCID=06524ddf01b21822526565de8f2b6ee7
Zong
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Mobile payment technology 8.11.2014 final
Mobile Payment Technology Analysis - Technology Leaders, Other Stakeholders....the current state of the market as of 8.2014. See www.audreymlehr.com or www.linkedin.com/in/audreymlehr for associated excel spreadsheet grid
Βάσος Αριστοδήμου, 6th Digital Banking Forum
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Τίτλος παρουσίασης: «The Future of Retail Payment»
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U.S. mobile payments are projected to grow substantially over the next few years, reaching $214 billion by 2015. Major mobile carriers have announced a mobile payments venture called Isis to allow contactless payments from mobile phones using near field communications (NFC) technology. While NFC technology and mobile payments show promise, merchants and consumers have been slow to adopt new systems due to technical and coordination challenges.
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Έφη Πρεσβεία, Επικεφαλής Επιχειρηματικής Μονάδας Ηλεκτρονικού Επιχειρείν, Eur...
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Analysis of Mobile Payments in Singapore - v0.3 Jan 2018
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This document discusses the changing payments landscape and the need for strong authentication as payment technology advances. It notes that consumers now demand new payment methods through mobile devices and apps, but this increased flexibility has also enabled new forms of payment fraud. Regulators are responding by implementing guidelines requiring two-factor authentication for payments. Phone number verification is presented as an effective method that provides security, privacy and a quality user experience for customers.
Samsung Pay - Safe and secure mobile payments virtually anywhere you can swip...
Samsung Pay is available virtually anywhere. It is secure, simple and easy to use.
Read this presentation to learn the benefits of using Samsung Pay as a consumer, retailer and Bank/Card issuer. There's also detailed instructions on how to set up Samsung Pay on your device.
Fingerprint based transaction system
This document outlines the software requirements specification for a fingerprint-based transaction system. It includes sections on introduction, overall description of the system, system features, and software interface requirements. The system will use fingerprint authentication to allow users to conduct transactions without cash or ATM cards. It aims to provide a secure and convenient transaction method. The document defines requirements for the fingerprint database, transaction processing, performance, and interfacing with bank computer systems.
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This document discusses trends in the mobile market in Korea and issues facing Korean smartphone companies. It provides statistics showing that Korea has very high mobile phone and smartphone penetration rates. However, it notes that Samsung Electronics has seen declining market share internationally in recent years, especially in emerging markets, due to strong competition from local brands offering low-priced smartphones. The document also discusses other mobile trends in Korea such as growing mobile internet and video usage, and increasing adoption of mobile payment services.
Mobile Payments - Marketing Plan - Tushar Vatsa - BITS Pilani, Dubai
The document outlines a marketing plan for a proposed mobile payment app called Yaeni for the United Arab Emirates market. It includes sections analyzing the market situation, competitors, technologies, key parameters, a go-to-market strategy, pricing, promotions, and risks. The plan recommends a code-based QR technology for Yaeni to offer P2P and C2B mobile payments without requiring smartphones or internet by vendors. It also suggests tying up with carriers, organized retailers, and following competitors' models to enter the market.
Top 8 digital payment trends for 2020
Economics, money, and the way we make payments have undergone several changes since the time of the Stone Age. In a sense all these are key indicators of our progress as a species. The primitive methods indicated our primitive way of living. Similarly, the current payment methods powered by cutting-edge technology boast our technological achievements of today.
Mobile Payments Review - June 2013
This document provides an overview and analysis of the mobile payments industry in June 2013. It discusses the size and growth forecasts of the global and US mobile payments markets. While mCommerce growth is expected to be realistic, proximity payments growth is more speculative. Consumer concerns about security and lack of perceived benefits are barriers. Digital wallets need to demonstrate strong security and additional value beyond tap-to-pay. International proximity payment adoption has also been underwhelming despite large NFC device install bases. Google is seen as the front runner in the US wallet war but faces challenges, while card networks and banks may look to defend incumbent arrangements through partnerships and own wallet offerings.
[Mobidays]KM-Report MAR, 2015
1. The Korean government is restructuring financial regulations to encourage fintech startups and the fusion of IT and finance. This is igniting interest in fintech from telecommunications companies, banks, and other firms.
2. Major players are forming partnerships and collaborations in fintech. LINE acquired a Japanese payment company, and Samsung acquired a US mobile payment technology company. NHN Entertainment is expanding into payments and e-commerce.
3. The keywords for players in fintech are "cooperation" and "partnerships" as firms work together to develop new mobile payment, online-to-offline commerce, and other fintech business models and technologies.
Gcit 1015 (section 2)
The document provides an overview of mobile payments including the history, advantages, and disadvantages. It discusses how mobile payment systems have evolved since the 1980s and become widespread in the 2010s. The main advantages mentioned are increased convenience, speed, and security compared to cash or credit cards. However, the document also notes potential disadvantages like outdated technology, difficulty reading terms and conditions on phones, and risks of phone theft.
Juno pay ipos_pickup_v1
Product Presentation for Juno's integrated POS
Empowering business to accept payments anytime anywhere, with or without internet
Mobile Contactless Payment “touch’n'pay”
Alexander will give a presentation of “touch’n'pay”, a field test for self service shopping implemented by e24 and its partners. The “touch’n'pay” self shopping process supports access out of hours, automatic product recording and mobile payment.
Alexander Schümperli is the CEO of e24 AG. e24 has a strong focus on mobile services (mobile payment, mobile access, mobile ticketing). e24 enabled mobile parking with many partners and implemented a solution for mobile ticketing with the Pizolbahnen.
APC2013 Reimagining transaction innovation Design
Vikrant Sabharwal presented on reimagining transaction innovation at TSYS. He discussed how transactions have evolved from bartering to various digital payment methods. Upcoming trends include peer-to-peer payments, mobile point of sale, digital currencies, and authentication beyond near-field communication. Sabharwal also reviewed TSYS' transaction processing capabilities and highlighted strategies like flexible architectures and right-sourcing to stay ahead of changes in the payments industry.
CNIT 128: 9: Mobile payments
1) Mobile payments can be conducted through mobile banking apps, contactless payments using NFC, and premium SMS.
2) Early mobile payment systems included Google Wallet, ISIS/Softcard, and Apple Pay. Current popular systems are Android Pay, Samsung Pay, and Apple Pay.
3) Security concerns for mobile payments include PIN storage vulnerabilities, relay attacks, and skimming of payment data from card readers. Mobile payment providers have implemented various technical countermeasures to address these risks.
Paul Mcnea - paythru
Mobile commerce is growing rapidly, with over half of consumer spending expected to be immediate or opportunistic by 2015. Mobile payments are also increasing, with 190 million mobile payment users expected in 2012. By 2014, it is predicted that 90% of the population will have mobile access and 6.5 billion mobile connections worldwide. Paythru is a mobile payment solution that allows users to make purchases on any phone through a simple checkout process using their credit card and mobile number without needing to store payment details on their device. Paythru provides merchants with higher conversion rates and the ability to target location-based marketing to mobile users.
Future of android app development in 2021
Future trends in Android app development in 2021 will include the increased adoption and expansion of 5G, AR, VR, and blockchain technologies. Mobile app developers will focus on enhancing IoT applications and integrating AI features to improve user experience. There will also be a rising demand for custom Android apps and M-commerce solutions to automate tasks and enable convenient mobile payments.
IQPC Mobile Payments Presentation
Mobile payments are evolving rapidly with new technologies like near field communications (NFC) and the growth of mobile apps. The mobile payments ecosystem involves many stakeholders including banks, telecom operators, device makers, merchants, and consumers. For mobile payments to succeed, these groups must see benefits and standards must be established. Mobile marketing is also growing, with SMS/MMS campaigns seeing higher engagement and returns than web campaigns. The future of mobile payments is still uncertain but may involve different models like centralized apps or distributed interoperability between payment providers.
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Mobile Payments - Marketing Plan - Tushar Vatsa - BITS Pilani, Dubai
Mobile Payments - Marketing Plan - Tushar Vatsa - BITS Pilani, Dubai
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A consortium is an association of multiple entities that pool resources to achieve common goals. It can include individuals, companies, organizations, or governments. Consortia allow members to share assets, link resources, and spread risks and costs. Examples include educational institutions pooling academic resources, media companies collaborating on a streaming service, and car makers standardizing infotainment systems. Consortia also form between industry, government, and academia for research and development projects requiring diverse expertise and facilities across organizations.
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khobreh.mahdi@gmail.com
mahdi khobreh
توسعه محصول
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A review of contemporary innovation a schumpeterian perspective
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A review of contemporary innovation a schumpeterian perspective
The document summarizes three schools of thought on innovation from an economic, social, and cultural perspective:
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A review of contemporary innovation a schumpeterian perspective
The document summarizes three schools of thought on innovation from an economic, social, and cultural perspective:
1. The capability school views innovation from an economic perspective, seeing it as an institutionalized capability within firms characterized by routines like operating, investment, and search routines. Innovation is evaluated based on whether the expected costs are exceeded by the expected revenues.
2. The corporate entrepreneurial school takes a social perspective, seeing grassroots initiatives and an engaging process among many actors as driving innovation within firms. Identity-based relationships and authentic voices from various levels are important.
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Mobile payment
Mobile payments are growing rapidly, expected to reach $90 billion by 2017. There are several methods of mobile payment including payment at point-of-sale using NFC technology or magnetic secure transmission, mobile devices being used as point-of-sale, mobile payment platforms for online payments, independent payment systems for specific companies, and direct carrier billing which charges purchases to users' mobile phone bills. Security is crucial for mobile payments and involves authentication, access control, confidentiality, integrity, non-repudiation and availability using mechanisms like fingerprints, passwords, multi-factor authentication, and SSL/TLS with secure elements. Major challenges to address include malware detection, multi-factor authentication, data breach prevention and fraud detection and protection.
Mobile payment
Mobile payments are growing rapidly, expected to reach $90 billion by 2017. There are several methods of mobile payment including payment at point-of-sale using NFC technology or magnetic secure transmission, mobile devices being used as point-of-sale, mobile payment platforms for online payments, independent payment systems for specific companies, and direct carrier billing which charges purchases to users' mobile phone bills. Security is crucial for mobile payments and involves authentication, access control, confidentiality, integrity, non-repudiation and availability using mechanisms like fingerprints, passwords, multi-factor authentication, and SSL/TLS with secure elements. Major challenges to address include malware detection, multifactor authentication, data breach prevention and fraud detection and protection.
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A review of contemporary innovation a schumpeterian perspective
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A review of contemporary innovation a schumpeterian perspective
A review of contemporary innovation a schumpeterian perspective
Mobile payment
- 1. RighTel Mobile Payment RighTel Co. Presented at IT Department Prepared by: Mahdi Khobreh Summer 2016 1
- 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. 2
- 3. RighTel Prepared by: Mahdi Khobreh Mobile system Payment Card holder merchant acquirerCard Network Issuer 3
- 4. RighTel Prepared by: Mahdi Khobreh Mobile Payment process • Two New Player is added: • MNOs • MPSP 4
- 5. RighTel Prepared by: Mahdi Khobreh Mobile Payment Systems 5
- 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) 6
- 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 7
- 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. 8
- 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. 9
- 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 10
- 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 11
- 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 12
- 13. RighTel Prepared by: Mahdi Khobreh Mobile payment security challenges - Malware Detection - Multifactor authentication - Data breach prevention - Fraud detection and protection 13
- 14. RighTel Prepared by: Mahdi Khobreh • Thanks & Regards 14