Belgacom vision mobile payment applications
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Mobile Payments Application June 2012
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During mobilemonday.be session 8/6/2012
Transcript of Belgacom vision mobile payment applications
Mobile Payments Application
June 2012
Mobile Payments – Mobile Wallet
10/04/2023Type here level of Sensitivity : "Unrestricted", "Internal Use Only" or "Confidential" Slide 2
Mobile Payments: Technology track ...
Slide 3
(NFC) Phones:
• NFC capable phones are slowly entering the market but:• So far only available on the high-end models.• Non NFC alternatives available at lower price.• Conclusion: mass market penetration is not a short term given.
• Smart phone penetration however is gaining considerable proportions:• Low installed base• 35% of new sales• Handset life cycle of 1.5-2 years
NFC SIM:
• No clear specifications available yet.• Complex selection and certification process.
• Need OTA platform.• TSM selection.• Setup of processes and procedures
Applications:
• Exponential growth of mobile applications and downloads:• iTunes: March 2012: 550k applications, 25mio downloads.• Market: Feb 2012: 450k applications, 10mio downloads.
• Adoption of new services is driven by availability of applications.
Mobile Payments: Our long term vision.
Slide 4
• Launch a mobile hybrid wallet.• Combination SIM- and cloud based elements to build the wallet.• Option for SIM renting to partners.
• Secure element on SIM:• Build a strong position in the domain of mobile wallet.• Business potential on SIM hosting.• SIM is a unique identifier.
• No need for additional identification process at role-out.• Easier handset swap.
• Co-existence of multiple applications is possible through the different secured domains.
• International benchmark shows NFC will be the future technology for contactless payments.• Align with (de facto) NFC payment standards (Paypass – MasterCard, Paywave – VISA)?• EMV compliance.• Intermediate solution with NFC tags is possible (market education).
• High value payments could be part of the mobile wallet payment experience .• Support of multiple payment schemes could be included (MC, VISA, BC/MC...).• Micro payment from wallet (PingPing scheme) – macro payment using other schemes.
• Standardization effort to be realized on:• NFC implementation (e.g. Protocol, handset integration, ...)• SIM “hostelling” and key management
Elements on the SIM card.
10/04/2023Type here level of Sensitivity : "Unrestricted", "Internal Use Only" or "Confidential" Slide 5
10/04/2023Type here level of Sensitivity : "Unrestricted", "Internal Use Only" or "Confidential" Slide 6
Any further questions?
