EMV/NFC/MOBILE PAYMENTS THE TIME IS NOW THE OPPORTUNITY IS HUGE

Transcription

1 EMV/NFC/MOBILE PAYMENTS THE TIME IS NOW THE OPPORTUNITY IS HUGE

2 REMEMBER WHEN. What year did VeriFone release the Tranz 330 2

3 REMEMBER WHEN

4 WHAT IS CHANGING? EVERYTHING Legislation PCI EMV NFC Mobile New payment players 4

5 HOW CAN VERIFONE HELP Experience, Technology, People 1981 First Terminal 1991 First Wireless Device 2003 First EMV Device 2004 Contactless 2005 Vx Series Largest Terminal Provider Largest Mobile Gateway Provider Largest Player in Petro Largest Provider of Payment Security Solutions Largest Provider of EMV/NFC solutions In 2012 alone, spending $100 million in R&D 5

6 WHAT ARE THE KEY COMPONENTS ETA 2012

7 WHAT IS NFC? Near Field Communication Allows two-way communication between two components Typically a secure chip and a reader device

8 WHAT IS EMV? A joint effort between Europay, MasterCard and Visa It is a security framework that defines the payment interaction at the physical, electrical, data and application levels between the chip cards and the payment device. Also known as Chip and PIN in the other parts of the world, it s the name for the technology that lets us pay using a smart card with a chip inside of it.

9 EMV IMPACT New Transaction flow Consumer must validate transaction amount Dial times are MUCH slower Must be able to accept card Insert and Tap Devices will need to be updated Older units MUST be replaced

10 VX 520 FEATURES Brilliant 128x64 white backlit screen Integrated Contactless/NFC 160 MB memory Integrated dial and USB comms Backlit keypad Highly reliable smartcard reader designed for 500k insertions Familiar ATM style design PCI PTS 2.0 and 3.0 approved Variants: No EMV/NFC: Dial, Dual Comm EMV/NFC: Dual Comm, GPRS, GPRS with Battery, Color 10

11 VX 680 FEATURES Large 3.5 QVGA color touch screen Reinforce branding More advanced GUI driven apps Integrated Contactless/NFC 192 MB memory for dynamic applications Backlit, spill resistant keypad Highly reliable smartcard reader designed for 500k insertions Integrated stylus PCI PTS 2.0 and 3.0 approved Variants: GPRS and WiFi/Bluetooth 11

12 VX 805 FEATURES Brilliant 128x64 white backlit screen Integrated Contactless / NFC 160 MB memory Highly reliable smartcard reader designed for 500k insertions Familiar ATM style design PCI PTS 3.0 approved 12

13 VX 820 FEATURES Large color touch screen for branding Integrated CTLS /NFC Optional stylus can be added for signature capture Integrated Ethernet, USB (2.0) and Serial communications Standard Smartcard Reader 13

14 THE DISRUPTION HAS BEGUN ETA 2012

15 PAYware Mobile and Others Simple payment apps for Smart Devices were just the beginning Encrypted Data transmitted to Host

16 16 GOOGLE

17 17

18 AS WELL AS PAYPAL 18

19 MOBILE IS CHANGING THE CONSUMER EXPERIENCE (ISSUANCE)

20 M WALLETS ADD FUNCTIONALITY AND EXPAND LIMITS OF COMMERCE AT PHYSICAL STORES Mobile Payments is just the start the real value is in value-added apps Promotions, Offers, Coupons, Gift, Loyalty, ereceipt, and more. $ $ Gift & Prepaid $ $ Tickets Credit and Debit $ Coupons $ Loyalty & Rewards Offers and Promotions 20

21 GROWING PLAYERS Consumers with multiple wallets, apps and programs will come to merchants expecting to Pay Their Way Mobile Players Financial Institutions Web/Social Media Coupons/In-store Marketing Alternative Payment Loyalty & Marketing 21

22 SO THE MERCHANTS MUST BE ABLE TO SUPPORT ALL (ACCEPTANCE)

23 Smart Phone Meet the Smart POS Every app that lives in the mobile phone MUST live in the POS as well Essential for the Consumer Essential for the Merchant The App Revolution Arrives 23

24 VERIFONE DOES ALL THE HEAVY LIFTING Consumer apps - mobile offers, coupons and promotions have no established standards and integration is needed to enable seamless communication between phone and NFC reader, NFC reader and POS and POS and host. Gift & Prepaid? Coupons? Loyalty & Rewards Offers and Promotions?? 24

25 HELP MERCHANTS MANAGE COMPLEXITY

26 EMV / CTLS / NFC FEATURE ENABLEMENT Remote Feature Enablement Vx680 Wireless Vx520 Dial/Ethernet Terminals EMV / CTLS now / NFC activated capable for devices the Functionality latest shipped EMV enabled / to CTLS the / field. NFC via functionality. Allows remote partners software Pay to per seed license update the (major market release) with mechanism. hardware or stay covered that supports with annual next gen maintenance technology program. 26

27 SEAMLESS - MOBILE TRANSACTION FLOW Mobile Commerce Platforms $5.00 coupon (routed back to PWC) Others $20.00 total sale - $ 5.00 coupon _ $15.00 total charge $15.00 payment for authorization Processor Credit / Debit Payment 27

28 THANK YOU QUESTIONS?????