How to take advantage of the mobile banking app

HCE & Tokenization, Masterpass, MDES/VTS, Converged Wallet, Wearables

June 2017

Agenda

• Company introduction

• Overcoming Mobile Banking Barriers

• Payment as a facilitator of the customer experience

• SEQR: how can an open loop wallet be positive.

Company introduction

• Leading technology provider of cloud-based payments (HCE) and Masterpass

• Head office in Oslo, founded in 2013

• A part of Seamless Distribution AB Group (publ. SEAM)

• Strong management with combined experience of 75+ years in payments business

• 200 dedicated experts in payments

• Live references since early 2016

• Certified by Mastercard and VISA

”…thanks to MeaWallet technology we are glad to offer a

great new product to our customers..”

Svetoslav Moldovansky, Executive Director at Fibank

The retail business is changing, so is the banking industry and

the key to change is…

… to reinvent the complete business model…

SOURCE: McKinsey Payments Practice

Physical goods and store

Changed economicsDigital goods and store

Physical good, digital store

Technology driven digital disruption in industries follows common patterns!

▪ Point of sale ▪ Friends andcommunity

▪ Device providers (iOS, Android)▪ Consumer reviews▪ Distribution

Music

Films

Travel

Software

Payments

Owners of consumer ecosystem

…in a already crowded environment…

…were FinTech, Pay’s and regulation also plays a role.

OEM Pay

It is time for action and to rethink the customer engagement model

The digital customer

PSD2

• Apple, Google, Samsung and Microsoft• Who will own the user and their data?• Competitiveness through data gathering and developing new VAS

• Opens up for new players• Increased competition• Who will front and own the customer?

• The digital generation and their demands• More than 100 million people made a mobile NFC payment in 20161

• 2017 mobile NFC expenditure expected to reach US$45 billions1

1) Strategy Analytics via NFCWorld.com

Overcoming the Mobile Banking Barriers

• Leverage the mobile banking app with the capability to perform payments

in-store and e/m-commerce

• Create frictionless user experience

• Enable digital banking and digital marketing

• Provide value added services and connectivity to other banks (TTP)

NFC in

store

Converge

d Wallet

Manage

wallet

Perform

purchase

Online

bank

In-app

purchase

Web

purchase

Digital

banking

Digital

marketing

Fast time to marketReady-to-deploy product –

Project delivery in 3-6 months

Global acceptanceCertified and accepted by

Mastercard and VISA One-stop shopTokenization & HCE,

MDES/VTS, Masterpass, Converged Wallet,

Wearables

Know-howYears of experience & in-depth knowledge about mobile, card payments

and security

Low riskOur focus is on mobile payments, we are flexible on implementation

alternatives (hosted or In-house delivery) at reasonable costs

Live and provenFour live implementations

(Mastercard & VISA) in Europe

We focus on digital payments…

… enabling banks to focus on the customer experience

Successful payment

innovations rely on six “markers” for

success

Beyond cost

Niche markets

Established infrastructure

Market context

Adjacent revenues

Build value propositions that go beyond cost reduction

Penetrate niche segments first

Leverage established infrastructure

Adapt offerings to market

Tap adjacent

profit pools to

differentiate

offerings

and add value

Value step changeDeliver significantly more customer value than the market alternatives

SOURCE: McKinsey Payments Practice

Enables banks’ apps and 3rd party wallets with tokenization/HCE

according to Mastercard and VISA. Can be integrated with MDES/VTS

Offers securely hosted storage of card and user credentials for

shopping with Masterpass online (eWallet) and in-app (mWallet)

Solution that enables in-store (NFC), online and in-app payments in one

single mobile experience

Mea Cloud-Based Payments platform enables HCE cloud-based payments and tokenization for local payment

schemes

Mea Token Platform transforms smart wearable devices into

payment cards. Embedding MeaSDK in your app, the users can add their payment cards and sync them to the

wearable device.

What do we offer

White Label Wallet or Wallet as a Service enables banks to quickly

deploy a wallet into the market while they focus on customer acquisition

Mea White Label Wallet

Fibank (Bulgaria)

• Live since April-2016

• Top bank in Bulgaria

• MeaWallet HCE technology embedded under bank’s mobile app

• Mastercard project

SEQR (European Wallet)

• Live since July-2016

• Enabled in 16 European countries

• MeaWallet HCE technology enabled under SEQR’s mobile wallet

• Mastercard project

Some live references. Findomestic Bank (Serbia)

• Pilot-Live since October-2016

• A BNP Paribas group bank

• Together with Serbian cards processor ChipCard, MeaWallet delivered the HCE technology + a white label wallet app (branded in banks colors/logo)

• Mastercard project

Kombank (Serbia)

• Live since February-2017

• Top bank in Serbia

• Together with Serbian cards processor ChipCard, MeaWallet delivered the HCE technology embedded under bank’s mobile app

• VISA project

Case study: SEQR

CASE STUDY: SEQR

SEQR: the results

Transactions

More than

200 % increase bimonthly

SEQR: how an open loop wallet is positive!

Rui Patraquim

Regional Sales Director

Mob. +351 964870589

rui.patraquim@meawallet.com