The document proposes a unified payment system that allows merchants to accept various payment options through a single app or device. It would provide simple and secure card and contactless payments via NFC, with instant electronic billing and reporting. The process involves launching the app, swiping a card or tapping an NFC device, entering an OTP or PIN, and confirming the transaction. The system aims to address limitations with existing POS systems like high costs, lack of settlement speed and wallet support.

2. We envision a unified payment
system for the merchant to accept a
variety of payment options.
Our
Vision

3. The
Problem
Merchants Customers
◊ Getting hold of
and maintaining
a POS device
◊ Delay in
settlement
◊ Per transaction
costs
◊ Lack of
widespread
acceptance of
wallet systems

4. Simple tracking.
Secure Card,NFC
payments.
Instant e-bill generation
and reporting.
Our Solution

5. Our process is easy
Launch the app.
Swipe Card
or
Tap NFC.
Enter OTP /
PIN and
Confirm!

6. The process in detail

7. Market
Size
22.88 Million Credit Cards 615.53 Million Debit Cards*
But ONLY 1.23 Million POS terminals*
*RBI statistics, October 2015
₹ 9,600 CR in mobile payments#
#India mPayments report (Lets Talk Payments)
₹
Online
Card
^The Economic Times, May 25, 2015
^

8. Business
Model
₹1500
For the device.
2 – 3%
For every transaction.

9. EZETAP Bank Issued POS
◊ High initial and
maintenance
cost.◊ No wallet
support.
◊ Lacks built-in
billing system.
Competition
◊ Difficult to
acquire.

10. Varghese George
Product
Renjith V Warrier
Engineer
Rakhul S Prakash
Design
Sidharth Mahesh
Engineer
Team

11. Thanks!
Any questions?
You can find me at:
◇ www.mindfox.co
◇ zpay@mindfox.co
◇ +91 9496 102 745