Making Money on Chip Not Losing Money. Now Unless you are solving a problem like fraud or international declines on your cards: Not Really. But the right.

Slides:

Advertisements

Similar presentations

Interchange fees and innovation in retail payment systems Marc Bourreau, Telecom ParisTech 1.

Advertisements

1 AQA ICT AS Level © Nelson Thornes Safety and security Chip and Pin.

Identity theft Protecting your credit identity. Identity Theft Three hundred forty three million was lost from consumers in 2002 The number of complaints.

Financial Stability & Integrity Track: Innovations in Technology for Financial Inclusion & Managing Risks.

Gareth Ellis Senior Solutions Consultant Session 5a Key and PIN Management.

TOWARD FAIRER AND COMPETITIVE PAYMENT SOLUTIONS IN THE EU.

Combating Fraud Risk in Payment Systems. 2 Defining Fraud..a deliberate act of omission or commission by any person, carried out in the course of a banking.

Credit Card Fraud The Scale of the Problem Michael Moore Regional Security & Fraud Investigation Manager 14 – 17 Nov 2005 Security & Safety – Middle East.

Property of the EMV Migration Forum © 2013 ATM COMMITTEE Canadian Lessons Learned Bruce Renard, Execuive Director The National ATM Council, Inc.

Vice President, e-Business Development Dubai United Nations Conference on Trade & Development Conference on Electronic Commerce.

Payment Cycle Introduction

Understanding Networked Applications: A First Course Chapter 14 by David G. Messerschmitt.

Credit Card 411. More about APR Say your APR on your credit card is 18%. Typically, credit cards calculate that rate on either a daily or monthly basis.

Reinventing the Electronic Medical Record (EMR) Position We are making a national investment of billions of dollars to scale up the use of EMRs to improve.

© 2012 Presented by: Preparation For EMV Chip Technology Keith Swiat.

EMV – What you need to know… Jay J. Davis Territory Alliance Manager

Making, receiving and recording payments made to or from a business Welsh translation of above.

Electronic Commerce Semester 1 Term 1 Lecture 22.

Debit Card Plastic card that looks like a credit card

International Card Systems Skopje, Macedonia

Sara Elsafty.  A combination of hardware, software, infrastructure and trained personnel organized to facilitate planning, control, coordination, and.

GPUG ® Summit 2011 November 8-11 Caesars Palace – Las Vegas, NV Payment Processing Online and Within Dynamics GP PCI Compliance and Secure Payment Processing.

ECommerce Project. The Team Project Sponsors: –Shelagh Holm, Director of Administrative Information Systems –Ron Ritter, Assoc Director and Treasurer,

ON LINE BANKING ON LINE BANKING b You have the option of doing virtually all of your banking without leaving home 24 hours a day. b OB transforms your.

Emerging Technologies

Mr. Stasa – Willoughby-Eastlake City Schools ©. Essential Question #8  In your opinion, how has technology improved and/or damaged the banking industry?

Mobbiexpress International Smart Solutions for Mobile Businesses Successful mobile businesses choose Mobbiexpress mobile payment solutions - simple - secure.

Philip is a subject matter expert in Accenture’s Payment practice with more than 30 years experience across payments, transaction processing, networks,

Impact of the new financial infrastructure to development of economy Moscow, Russia, 10 September 2012 ITU Workshop on “ICT Innovations in emerging economies”

AS Level ICT Selection and use of input devices and input media: Capturing transaction data.

XML AND THE LEGAL FOUNDATIONS FOR ELECTRONIC COMMERCE: Making XML Pay: Revising Existing Electronic Payments Law to Accommodate Innovation Copyright (c)

EPS (Electronic payment system) is an online business process used for fund transfer using electronic means, i.e  Personal computers  services  Mobile.

May 28, 2002Mårten Trolin1 Protocols for e-commerce Traditional credit cards SET SPA/UCAF 3D-Secure Temporary card numbers Direct Payments.

Authentication and Payments 27 June 2000 Ann Terwilliger Product Director eCommerce Authentication Visa International.

EFTPOS and credit card payments The Bizgate system integrates fully with Inge NICO's PC EFTPOS Software which allows a fully functioning EFTPOS Pinpad.

© 2014 CustomerXPs Software Pvt Ltd | | Confidential 1 Tentacles of Fraud #StarfishBanks CustomerXPs Software Private Limited.

PROFESSIONALISM – TEAM SPIRIT - INNOVATION 1 Cross-border eInvoicing in eRegion – Banks Perspective Martin Mihelčič Merkur.

MHealth & The Healthy Caribbean Coalition Shivonne Johnson mHealth Coordinator.

Secrets to Financing APPROVAL DELETE ( )

Cyber Security & Fraud – The impact on small businesses.

 A look at mobile payments past  Mobile payments today  Utility Mobile Apps  Payments Tomorrow.

Innovations in Modern Banking

Justice Stillwell 1.  Pre paid cards are non- reloadable  Similar to credit cards  No line of credit needed  Make sure you have enough balance before.

  If a checkbook, ATM, and/or debit card becomes lost or stolen  Immediately report it to the financial institution  File a report with the police.

Solving Inequalities.

ANS(Prepared by: Mazhar Javed )1 Computer crime The growth of use of computerised payment systems – particularly the use of credit cards and debit cards.

Global Product Marketing

Improve Your Experience ExpressRelease Debit Card.

Global Mobile Card Reader Market WEBSITE Single User License: US$ 2500 No of Pages: 55 Corporate User License: US$

What does Chip offer Banks today?. CARD TYPES CREDIT DEBIT CHARGE PRIVATE LABEL PRE-PAYMENT MULTI FUNCTION.

Standards in Use. EMV June 16Caribbean Electronic Payments LLC2.

ATM Fraud. Lost/stolen cards The Lost or Stolen physical card is becoming less of a target The data that can be skimmed is much more valuable and any.

Summary of Changes. General These are changes that have come up in many EMV migrations that I have assessed and been involved in. The changes are broken.

Business Partners. Strategies that drive the future Cross Selling New Partnerships Computing in the Wallet What the Consumer wants Convergence Governments.

Presented by David Cole Background to Chip. PAYMENT SYSTEMS HISTORY A POTTED HISTORY DINERS LAUNCH 1950 AMEX LAUNCH 1958 BANK AMERICARD 1959 MASTERCHARGE.

Merchant Services for Website Paycron. About Paycon Paycron is purposive in meeting immediate solutions in crafting merchant account services and credit.

Card Scheme Position?. Visa / MasterCard / Amex The three main leaders formed EMVCo to set the EMV standards All three committed to full EMV compatibility.

Mastercard® Automatic Billing Updater

ELECTRONIC PAYMENT SYSTEM

AGENDA Introduction Kind of information smart card contain

What are the different ways you could pay for a car?

Problems – Technical Requirements

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 mPOS Terminal Market unit shipment.

Sage payment solutions customer Service Sage Mobile Payments is the Cutting edge answer for portable charge card acknowledgment, now with a totally upgraded.

Cyber Security and Consumer Financial Transactions Data Security

Chip & Pin and Apple Pay: Vulnerabilities of the Changing Payment Systems Jay Isaacson.

5 of the Most Commonly Asked Credit Card Questions.

Mastercard® Automatic Billing Updater

UD PCI GUIDELINES A guide for compliance with PCI DSS and the University of Delaware Payment Card Program ALWAYS Process payments immediately using a solution.

Digital Payments NFC Payments, Digital Wallets, Virtua; Currencies and Cryptocurrencies, Bitcoins, Blockchains and Mobile and Cloud Based Payments.

Presentation transcript:

Making Money on Chip Not Losing Money

Now Unless you are solving a problem like fraud or international declines on your cards: Not Really. But the right level of planning across the whole project at the start can prevent future problems, rewrites, double upgrades etc. June 16Caribbean Electronic Payments LLC2

In the Future Correct forward planning at the start can provide ways of making money in the future, by: Allowing additional applications on your cards and terminals foe other peoples cards. Using the chip (a computer) with the terminal to provide additional functionality. Combination of more than one application onto a card and terminal. Lower card costs Opening up new channels, NFC, mobile POS, Wallets, ApplePay etc.

In what Areas For the Acquirer the terminal and ATM can have more uses than just payments. Allowing cardholders to use multiple applications. E.g. Moscow City Card, Social Security, Metro and payments. Processing and holding data for the additional applications. E.g. Health data authorising injections, clearing the treatments carried out daily. There are limitless opportunities. E.G. US card with 80 additional applications available

Not Losing Money Modern software solutions offering enhanced functions Careful planning to avoid future bottlenecks or blockages Partnerships so you don’t reinvent the wheel