Post on 12-Apr-2017
Financial and Marketing Solutions: Mobile Wallet
November, 2016
https://walletfactory.pro/
e-Tickets
Personal Finance
Management
Shopping and
payments
Loyalty and interaction with brands
Money transfers and bills sharing
Financial services (loans and deposits,
insurance and more)
Modern Mobile Wallets
2…are not just about online access to cards and balances, there’s much more to it
Wallet Factory Payment and Transactional Platform
All-in-oneA wide variety of payment and marketing solutions united under one goal (creating unique offering for each customer basing on analysis of her transactional activity) and mobile interface
Integrating the marketSynergy through integrating merchants, service providers and customers within one ecosystem
UniqueDeveloping set of mobile payment and transaction solutions. Uniqueness in 4 dimensions: technological, geographical, temporal and marketing.
Monetization of transactional data
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Central Channel Control
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Customers’ advantages:• Familiar interface, unified
experience, seamless customer journey
• Limitless freedom, the right payment or loyalty tool for every life situation
MONEY IN THE CLOUD
Payment Gateway
ModulesC
lien
t o
pti
on
s
Sys
tem
Ap
plic
atio
n
PrePaid Credit CardBank
account
LoyaltyE-
walletPayment/
Top upOTP …
Web browser
NFC
iOS, Android
PoS
SMS/USSD
Advantages for providers:• More points of contact with the
customer, more monetization opportunities
• Building brand strength and customer loyalty in multiple channels
Strengthening your uniqueness
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Uniqueness
Technological uniqueness
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Technological uniqueness
Maximum security of personal, payment and transactional data
Technological commonality and interrelation of all solutions and platform components
Tags+smart data storage+CRM=automated process to build customer loyalty
Real-time communication with customers at the right time in the right place
Exchanging digitalized values between merchants and customers in real time
Our Platforms –mWallet and eWallet
Products Overview
Mobile Wallet mWallet
eWallet
mPOSQR POS
New Provider’s Channel of service and distribution
Contactless payments
Additional payment tool for Provider
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Provider’s acquiring business!
Online store for mobile commerce
What is mWallet?
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mWallet is a platform that allows Smartphone users
to manage digitized values (offers, coupons, rewards within loyalty programs, ticketing,
boarding passes, gift certificates, ID-cards or information about products and services) of
different brands and makes it possible to make payments
(with bank accounts, bank cards, and electronic money)
mWallet Features
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MicropaymentsMobile commerce
ShoppingPayments to service
providersHotels reservation and
paymentsEntertainment
E-ticketsUrban transportBoarding tickets for
trains, buses and planesTickets for events
Geolocation-based offers and services
Coupons, certificates, deals and promotions
Loyalty programsMobile storeMoney transfersPersonal informationRewards managementElectronic prescriptions, etc.
mWallet Services (1/4)
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Paying for goods and services with Visa and Mastercard cards, linked to a wallet, by reading the QR-code, generated in the online store, or any external QR-code (on a check, on a product, etc.)
Quick authorization on the website, check-in a retail store using QR-code scanning with simultaneous transfer of information to identify the client
Paying for goods and services with Visa and Mastercard cards, linked to a wallet, by reading the QR-code with mobile phone built-in scanner
Paying for goods and services with Visa and Mastercard cards, linked to a wallet, through reading the QR-code from a mobile phone by scanner of another mobile phone
mWallet Services (2/4)
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Making remote pre-order in mobile wallet with card payment, followed by a visit to a store, fast servicing procedure and receiving the order
Placing an order in mobile wallet with card payment, followed by order delivery to the address stored in the customer’s web-passport
Ability to self-service in a store, when a customer himself scans bar codes of the goods using his mobile phone and pays with a bank card linked to his mobile wallet
Submitting an e-ticket at events, exhibitions, fairs, trade shows and concerts with option to withdraw admission fee (ticket cost) from the card connected to mobile wallet
mWallet Services (3/4)
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Submitting digital loyalty card from the cell phone screen; ability to accrue and write off bonuses or their analogues (dedicated bonus account (bonus wallet) linked to a customer’s mobile wallet)
Card-to-card money transfers with mobile wallet without entering card details (using recipient’s phone number from a contact list if linked cards are available)
Buying train tickets (with a complete choice of features) with payment by a card linked to a mobile wallet
Paying to service providers (refilling mobile account, utility payments, payments for TV, internet, etc.)
mWallet Services (4/4)
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Applying for a loan. In case the application is approved, the loan funds can be deposited directly on the card, which is linked to mobile wallet.
Possibility to look up the nearest store with geolocation service. A customer sees the distance to the nearest store and its operation hours
Personalized communication with customers on-line in the wallet messenger, as well as ability to send push notifications (both servicing and promotional)
Digitization of existing loyalty cards, developing and launching a new loyalty program
How mWallet works: Registration
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A client downloads the app from Google Play or AppStore, registers his wallet and sets the PIN-code for quick and easy login
Your brand
Your brand
Your brand
How mWallet works: Main Menu
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The main menu (looks similarly to menu of popular OS) consists of widgets that are configured to the needs of the client by himself
Your brand Your brand
How mWallet works: WebPassport
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Each wallet has a unique customer ID and contains a WEB-passport with the required personal data
How mWallet works: Cards
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The customers enters the "My Cards" section and adds his own payment cards by entering card details
How mWallet works: Payments
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A customer may make payments and repay the bills To repay a bill of a merchant or service provider, the customer should select the bill, select the payment tool and confirm the payment. To
make a payment within the system, a customer may enter a recipient's mobile phone number, and then confirm the payment
How mWallet works: Transfers
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P2P transfers can be done by selecting a recipient from the contact list, or by entering the recipient's card number
How mWallet works: Loans
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Directly in the wallet customer may fill the application for the loan and receive money on the card in case of positive decision
How mWallet works: QR Payments
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QR-code of a customer wallet isunique and can be read by a QRscanner.
The client may also read anyexternal QR-code to connect tothe merchant system. Thecustomer receives the orderinformation to their cell phonescreen with the amount ofpurchase and confirms thepayment with a card linked to thewallet
QR and NFC technologies
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2 up-to-date technologies within one solution
QR NFC
We cover various merchant segments with our QR+NFC+merchantsolutions
Micro business
Small business
Medium business
Large business
QR scan is mWallet, printed QR code
Integration with cash register software
sellerQR scanner in the
seller’s mobile business application
QR-codes on seller’s checks
NFC in smartphone
What is eWallet?
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An Electronic Money Processing platform giving you the opportunity to build your own
payment business without starting from scratch.
Full-fledged payment system for all kinds of payments and transfers.
Whether you operate financial services company, a retail network or a telecom operator – our E-Wallet solution will bring your business to the next level, allowing you to harness up-to-
date tech trends.
eWallet Features for end-users
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E-Wallet balance & transaction historyRefill & funds withdrawal Mobile refillPayments for TV/InternetUtility paymentsOnline payments for goods & services Taxi faresInsurance paymentsOther services (transportation, loans, charity etc.)Tuition fee paymentsEntertainment - tickets, games, paid contentSocial media paymentsIntegration with prepaid cards, card paymentsQR code paymentsNFC paymentsInstant P2P transfers (e-wallet to e-wallet, card-to-card)
Electronic Wallets are very similar to bank accounts, wherein customers can hold the
money in any currency, that can be used later for various purposes, such as
payments, local or overseas money transfers, paying utility bills, prepaid cards
and so on. Customers can easily convert the money from one currency into another,
and vice-versa, almost immediately. Customers can make the payments in any currency to their intended beneficiaries,
both locally and world-wide.
eWallet Features for businesses
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Full automation of payment acceptanceInstant money transfer to merchant’s e-walletPayments historyInvoicingGenerating vouchersFees managementSMS notifications
Managing NFC-stickers orderingsOrdering cardsB2C paymentsHolding fundsAPI integration
eWallet Services: Basics
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eWallet
1. Buying e-money from
issuing bank or agent
4. E-money
withdrawal
3. E-wallet usage
2. E-wallet cash-in
Customer
3.1. Online, offline & NFC payments for
goods and services3.2. Р2Р transfers
eWallet Services: cash-in
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2. Tools for adding money to eWallet
Cash Cashless
Kiosks ATMs POS-terminals
Bank’s cash units
Visa, Mastercard E-money
Bank transfers Prepaid cards
eWallet Services: Payments
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3.1. Payments for goods, services, gift certificates
Utilities Retail stores
Cinemas Fuel stations
Mobile operators
Online stores
TV Internet-providers
Loans repayment
Gifts Gift certificates
eWallet Services: Transfers
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3.2. P2P Money Transfers
Customer 1 Customer 2
PAYMENT SYSTEMOperator
Data exchange
Data exchange
E-money
eWallet Services: Cash-Out
4. E-money withdrawal (exchange for real money)
Customer Issuer
PAYMENT SYSTEM
Operator
Data exchange
Data exchange
Tools for funds withdrawal
Real money
E-money
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How eWallet Works: Customer Profile
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How eWallet Works: Money Transfer
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What is mPOS?
mPOS is a business application for merchant account allowing him to generate bills, transmit them in the form of QR codes
to a customer’s mobile wallet and accept payments made via mobile wallet.
It’s a toolset for payment acceptance and loyalty program management
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What is required for mPOS to operate?
• For a merchant – a tablet or smartphone with mPOSsoftware and a printer
• For a customer – mobile wallet
A handy tool for retail chain - compact (tablet or smartphone with the app + printer), a simple and easyto use
Supports both receiving payments and loyalty program (the transmission of information on reward forthe purchase)
Detailed check allows you to see the goods, the cost, and accrued bonuses and / or the amount savedthrough discounts
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How mPOS works• A merchant selects an item for the product catalog on a tablet; the items are added to the shopping
cart; then the merchant selects a payment method "pay with QR»
• QR-code is generated on the screen in the amount covering the value of goods in shopping cart.
• A customer (mobile wallet owner) scans the QR-code, and makes payment
• In the tablet appears a message that the product is paid
• The merchants prints the receipt for the paid items from the Shopping cart
A merchant selects an item for the product catalog
QR-code is generated on the screen
A customer scans the QR-code with mobile wallet
The item is paid, bonuses accrued
The receipt is printed
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What is QR-POS?
QR-POS is a business mobile application for the merchant
(owner or operator of the online or offline shop), enabling invoice
generation and payments acceptance via QR codes
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How QR-POS works: main menu
After simple registration andsubsequent signing of contracts, amerchant can immediately acceptpayments
In the main menu, the followingoptions are available: Invoicing,Payments acceptance, QR codesgeneration and scanning, Accountmanagement and Settings
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How QR-POS works: issuing a bill1. A merchant selects “Create an invoice” menu option, enters customer’s phone number,
amount and note
2. The customer gets a push notification to his mobile phone screen with information about thepurchase and confirms payment with her card linked to mobile wallet. The merchant alsogets the QR code to heir screen, which can be scanned with the customer’s mobile wallet
Another option – the merchant can scan QR code from thecustomer’s mobile phone, enter amount of payment
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How QR-POS works: accepting payment for goods or services
1. A merchant selects “Accept a payment” menu option, enters payment amount and note
2. QR code appears on the screen. The customer scans it with her mobile app go get informationabout the purchase and to confirm the payment with a card linked to mobile wallet
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How QR-POS works: QR code generation, account management
• To generate a QR code, themerchant selects “My QR”menu option, and gets a QRcode to be scanned with thecustomer’s mobile wallet forpayment.
• All created and paidinvoices are stored underthe “Invoices” menu sectionwith various grouping andfiltering options
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Underlying Magic
Architechture
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Security
At the heart of the security strategy we use the international standard ISO 27000, defining the requirements for information security management and risk management
All our partners are PSI DSS certified service providers
To provide fault tolerance and load balancing system, we are guided by global standards, High Availability (HA) and Load Balancing (LB)
Wallet Factory is fully integrated with international payment systems
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Open API
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Open APImultiplies choices,opens moreopportunities forthe creative talentfrom any field ofbusiness andenables quick andflexible integration
Server #5
Data center #2
PHP Application server #2
MySQL server #3
PHP Application server #1
Nginx (Web server 1)
site.comIP 002 (Reserve)
User (Web, Mobile )CRM APP
CRM PARTNER SITE
Percona (Master)IP 005
eWallet e-money server
User (Partners API) eWallet,
mWallet
Backup ServerIP 007
WAF
api.site.com IP 001 (Active)
Partners API
Nginx (Web server 2)
site.comIP 004 (Active)
CRM PARTNER SITE
api.site.ua IP 003 (Reserve)
Partners API
Partner API requests
MySQL server #4
Percona (Slave)IP 006
DB ConnectionDB Connection
DB Saving
User requests Processing
API
Partners API reserve
flowProcessing API
Info exchange streams
Secondary (backup)Primary
User reserveflow
GIT
Reserve DB Connections
Data center #1
User resourcessync
Replication
Web APP Saving
Web APP Saving
White Labeled solutions
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With Wallet Factory, you can get acustomized turnkey solution under yourown brand. Our White-Labeled solutionsdon’t need development from scratch andguarantee your products minimum time-to-market – 2-3 months
Our Team
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• 15 years of successful experience in the fields offinance, banking and payment technologies
• Strong management team including professionalsfrom Finance and Payments, Marketing, ITdomains
• 25 employees in 3 offices in Poland, Ukraine andChina
Thank you for attention!
Wallet FactoryMikhail Miroshnichenko, CEOEmail: hello@walletfactory.pro
Addresses:- Office 27, 2A Rydygiera St., Wroclaw, Poland,- 4 Andrey Sheptytsky St, 10th floor, Kyiv, Ukraine,- Office 11, 43 Bedford street, London, England, WC2E 9HA, United Kingdom,- Wuxing Road, No. 277, Suite 1513, Shanghai 200030, China
Phones:PL +48-73500-7500UA +38-067-621-57-13UK +44-2081-444-801US +1-415-830-3669CN +86-183-2120-3019