International Forum on Remittances Christopher Martin Vice President and Treasurer
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Obopay Confidential 1 International Forum on Remittances Christopher Martin Vice President and Treasurer [email protected]
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International Forum on Remittances Christopher Martin Vice President and Treasurer [email protected]. About Obopay. Leading mobile payment service in the US Consumer service – direct and channel marketing Service works on US Mobile Networks Person-to-person service, expanding quickly - PowerPoint PPT Presentation
Transcript of International Forum on Remittances Christopher Martin Vice President and Treasurer
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Obopay Confidential*
International Forum on RemittancesChristopher MartinVice President and [email protected]
Obopay Confidential
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Obopay Confidential*About ObopayLeading mobile payment service in the US Consumer service direct and channel marketing Service works on US Mobile NetworksPerson-to-person service, expanding quickly World-class leadership team mobile, banking, payments, technology Founded March 2005, Headquarters in Redwood City CA Soon to launch a service in India
Obopay Confidential
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Obopay Confidential*Obopay Youve Got MoneySend and Receive Money instantly - Mobile money transfers: Send money homeReceive money from friends, relatives, businesses, governmentDomestic today and international soon
Pay by Mobile replace less convenient cash and checks. Faster collections Pay local shopkeeper, taxi, bills Buy tickets, minutes, goods and servicesBusinesses and governments can collect quickly and efficiently
Obopay Confidential
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Obopay Confidential*Leveraging the ubiquity of mobile phones -Obopay is Carrier and Bank agnosticMobile ApplicationMobile BrowserSMS
Obopay Confidential
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Our Target SegmentsFamily Plans (Family & Friends)Merchants(Mobile, Web and Retail)Bill Pay (Professionals and Youth)Domestic & Intl Remittance (Professionals and Foreign-born)With Obopay I can send myKids allowance from my phone whilewaiting for my flight (Busy Dad)
I receive a notification and pay my bills while watching a football game with friends (Youth)
From my phone, I can send money hometo my family (Foreign-born)
While on the go, I can make purchases eitherfrom the phone or with my card (Professional)
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Our Partnership ApproachObopay DirectCiti Obopay
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Obopay Confidential*Sending Remittances with Obopay You sign up with Obopay and set your remittance targetsYou can now send remittances anytime, anywhere right from your phone or from the Obopay website.You select Remittance and the person from your list that you want to send money to You then enter the amount and your PIN and confirm your paymentThe that you sent the money to receives a notification of the payment with instructions on where to pick up the money.
Send MoneyRemittanceBalanceGet MoneyBalance
RemittanceMinalSunnyAdityaConfirm PaymentSend $120 to Mom
Send
OK
OK
ReceiptRemittance to Mom for $120 was sent on 6/12/2007Trans ID: 61234
OK
120.00****
Obopay Confidential
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Obopay Confidential*Leverage 65K Obopay Cashload locations in the US for collecting funds for Remittance Load networks supported include: Walmart, Wallgreens, RiteAid, CVS, RadioShack, Eckerd, Valero, Kangaroo Wells Fargo, Wachovia, US Bank, Bank One Ace Check CashingSend MoneyRemittanceBalanceGet MoneyBalance
Cash Load Location Leverage
Obopay Confidential
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Obopay Confidential*Open to Partnerships Sending AgentMoney transfer Operator Country AMoney transfer Operator Country BDispersing AgentReceiverSenderDebiting BanksCrediting Banks
Obopay Confidential
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Obopay Confidential*Obopay Confidential*Obopay US Leader of mobile person-to-personLeader in the US, India underway, significant opportunity globallyProven serviceTier I partnershipsWilling to Partner to provide mobile remittances globallyMobilizing existing players to provide reach to all mobile phone subscribers in the US.Key Differentiators Strong mobile reach, cross bank platform, remittances from US, track record of working with Tier I banks and carriers.
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