Pre Conference Workshop @ Mobile Commerce Summit Asia 2010

1. Understanding the Regulatory Evolution of Mobile Commerce and the Opportunities in Mobile Money Transfer Arief Hamdani Gunawan Pre Conference Workshop – 23th March 2010

3. Key Concepts

6. Business Models

12. AML/CFT rules @ MMT Services

26. Top recipients of migrant remittances among developing countries in 2008 (US$ billion, 2008e)

28. Remittance flows to developing countries

29. Outlook for remittance flows for 2009-11

31. Global remittances exceeded $338 billion in 2008, fell to $317 billion in 2009

33. Top 20 Remittance-Receiving Countries, 2008 (US$ Million)

34. Top 20 Remittances as a share of GDP Countries, 2008 (US$ Million)

35. Top 20 Remittance-Sending Countries, 2008 (US$ Million)

40. Cross-Border Payments by Type * The most recent year for which comprehensive data was available Source : Boston Consulting Group (BCG), Preparing for the Endgame. Figures for 2011 are projections. BCG defines payments as non-cash transactions, i.e., payments not involving a face-to-face exchange of cash. 2003 2009

41. Estimated Market Share of International Person-to-Person Transfer Providers, 2003 (by number of transactions processed) Sources: Ratha, “Workers’ Remittances,” First Data, SEC Form 10-K; MoneyGram, SEC Form 10; Bezard, Global Money Transfers ; Great Hill Partners, “Great Hill Partners Form GMT Group;” private estimates of Gera Voorrips and Hans Boon, ING Postbank; authors’ estimates.

44. Top factors that influence the choice of provider Source: DFID/BME Remittance Survey (UK), July 2006

48. Transfer Cost to Some Leading Recipient Countries (per cent of amount sent; countries ordered by total remittance inflows) Sources: Western Union, Women’s World Banking, and IMF staff calculations

50. Charges to send $200 to selected countries Sources: Worker Remittances – An International Comparison, Menuel Orozcp, Inter-American Dialogue, 2003

51. Remitting from Singapore to Indonesia 12.00 Total Average 10.00 Post office Average 10.88 MTO Average 17.50 Bank Average Apr 08, 2008 Next day. However, money can only be sent to branches of Mandiri Bank 25.00 Bank Bank Mandiri Apr 08, 2008 1-2 working days 15.00 MTO GPL Remittance Apr 08, 2008 15 minutes 12.00 MTO Western Union Apr 08, 2008 1-5 days 10.00 MTO Brunphil Express Apr 08, 2008 Same day to branches of BNI in Indonesia; 5 days to all other banks 10.00 Bank BNI (Bank Negara Indonesia) Apr 08, 2008 1-3 working days 10.00 MTO One Stop Remittance Apr 08, 2008 Next day 10.00 Post office Singapore Post (Cashome) Apr 08, 2008 Next day 10.00 MTO BTI Money Transfer Apr 08, 2008 10 minutes 10.00 MTO Ameer Tech (MG) - cash Apr 08, 2008 10 minutes 10.00 MTO Ameer Tech (MG) - account Apr 08, 2008 Next day 10.00 MTO MoneyWorld Date Transfer speed Fee (SGD) Firm type Firm name

55. The Philippines

56. Malaysia: Maxis launch of Fast Tap Service April 9, 2009

58. Interoperability and Market Momentum: Individual MNO Subscriber Penetration The remittance model must therefore be extended to enable international remittances over mobile in a scalable and sustainable manner and to allow cost effective low denomination remittances – an entirely new market not served today.

65. What Each Party Brings

67. Structure of the Mobile Financial Service Market

71. Combining m-wallet uses successfully to match consumer behavior

74. Steering Committee Members

75. Working Group Members

76. Software for Trusted Servicer Managers (TSM)

78. Malaysia: FastTap Service Provision Overview

79. NOKIA NFC Portfolio

80. Mobile Technology Options

81. Example: Customer View USSD Model

82. M-Money – Driven by Payments and Banking

83. Payments, Transfers and Transactions

84. A mobile wallet for loyalty cards

85. A mobile wallet for loyalty cards

86. A mobile wallet for loyalty cards

87. A mobile wallet for loyalty cards

88. A mobile wallet for loyalty cards

89. Closing: The Role of the MNO

90. Thank You [email_address] Pre Conference Workshop – 23th March 2010