IMB & WiST enabling mobile transactions

IMB has partnered with WiST to enable an even faster and more secure method for mobile financial transactions.

Transcript

1. imb.co JAMIE GODWIN @jamiegodwin
2. internet mobile banking
3. WIST as a Transaction enabler
4. hype NFC buzzword
5. squareup.com Keith Rabois
6. “I’ve never met a single merchant in the U.S. who says I want this NFC thing”
7. “while NFC makes good PR and cocktail party chatter, it doesn’t offer a value proposition”
8. value proposition
9. value proposition
10. Dwolla founded by Ben Milne; it's an innovative online payment system that sidesteps credit cards completely.
11. Dwolla’s value proposition is simple fees should be as low as possible.
12. They move between $30 and $50 million per month.
13. Unlike PayPal, Dwolla doesn't take a percentage of the transaction. It only asks for $0.25 whether it's moving $1 or $1,000.
14. QUESTIONING value proposition merchants and consumers square, dwolla & others for
15. identification nfc =
16. has evolved identification
18. PIN }
19. NFC accelerating identification
20. NFC }identification Jamie Godwin balance R100.00
21. value proposition
22. merchants are going to ask...
23. cost of reader? NFC
24. Are transaction fees going to change?
25. Do customers have nfc enabled phones?
26. web stats
27. looking for the value proposition IMB.co merchant and consumer FOR
29. WIST also identification accelerated identification
30. Value Proposition Reader cheap NOT device dependent
31. take advantage of mobile technology NOW
32. WIST more secure than NFC
33. Tap & Go Authorize Transaction fee LOW Transaction fee HIGH
34. web stats
35. Mobile Switch WIST Mobile switch imb.co merchant reader wist bin wist bin wist bin
36. Mobile Switch WIST Mobile switch imb.co merchant reader wist bin wist bin wist bin
37. Mobile Switch WIST Mobile switch imb.co merchant reader wist bin wist bin wist bin
38. Mobile Switch WIST Mobile switch imb.co merchant reader wist bin wist bin wist bin
39. Mobile Switch WIST Mobile switch imb.co merchant reader wist bin wist bin wist bin
40. Mobile Switch WIST Mobile switch imb.co merchant reader wist bin wist bin wist bin
41. Mobile Switch WIST Mobile switch imb.co merchant reader wist bin wist bin wist bin
42. Mobile Switch WIST Mobile switch imb.co merchant reader wist bin wist bin wist bin
43. enable other providers via wist BIN imb.co other bank wist 100 wist 200 wist 300 wist 500 wist 600 wist 700
44. Mobile Switch WIST Mobile switch merchant reader imb.co wist bin wist bin wist bin other bank
45. Mobile Switch WIST Mobile switch merchant reader imb.co wist bin wist bin wist bin other bank
46. Mobile Switch WIST Mobile switch merchant reader imb.co wist bin wist bin wist bin other bank
47. Mobile Switch WIST Mobile switch merchant reader imb.co wist bin wist bin wist bin other bank
48. Mobile Switch WIST Mobile switch merchant reader imb.co wist bin wist bin wist bin other bank
49. Mobile Switch WIST Mobile switch merchant reader imb.co wist bin wist bin wist bin other bank
50. Mobile Switch WIST Mobile switch merchant reader imb.co wist bin wist bin wist bin other bank
51. Mobile Switch WIST Mobile switch merchant reader imb.co wist bin wist bin wist bin other bank
52. notification methods SMS USSD push USSD dial push notifications web login
53. authentication methods tap & go pin based authentication
54. DEMO
55. imb.co JAMIE GODWIN @jamiegodwin bit.ly/imb_wist SLIDES