Mobile Payment Forum of India (MPFI) Dr.V.N.Sastry, Executive Secretary, MPFI & A ssociate Professor, IDRBT Institute for Development and Research in Banking Technology, Road. No.1, Castle Hills, Masab Tank, Hyderabad – Tel: / Dt. April 17, 2010 Activities & Developments

April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 2 Main Points  Major Events held  Membership status  Financial Status  Research & Developments  Some Issues

April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 3 Major Events  Held on February 27,2009 at Hotel Imperial, New Delhi Sixth GB Meeting of MPFI: Workshop on Interoperability Standards  Held on December 2, 2009 at IIT Madras, Chennai Fifth EC Meeting of MPFI  Held on September 11, Fourth EC Meeting of MPFI:  Held on July 31, 2009 MPFI Society Registration Certificate Issued: March 31, 2009 MPFI PAN Card Issued : 2009 MPFI Bank Account Opened in SBI : 2009

April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 4 Technical Committee (TC) Meetings  Held on February 17, 2010 at NPCI Third TC Meeting of MPFI: Fourth TC Meeting of MPFI:  Held on March 18, 2010 at IDRBT, Hyderabad  Held on March 11, 2010 at ICICI Bank, Mumbai Second TC Meeting of MPFI: First TC Meeting of MPFI:  Held on February 3, 2010 at ICICI office in Mumbai

April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 5 List of new Institutional members for the year (as on March 31 st 2010) Technology Providers –CanvasM Technologies Ltd. –Samsung India Software Operations Pvt ltd. –Nihilent Technologies –Estel Technologies Private Ltd Bank –Federal Bank Ltd.

April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 6 STATUS OF INSTITUTIONAL MEMBERS OF MPFI Institutional Members Aug to 31 st, March st April 2008 – 31 st March st April 2009 – 31 st March st April 2010 onwards PaidNew24*36195 (Continued from Jan.2010) Renewal-- *Continued 48 [Out of 60] ExemptedExisting6666 New--- TOTAL3042[+24]= =73

April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 7 Research Work on Mobile Payments at IDRBT Protocol and Security Framework for Mobile Payment Systems, –Funded by Ministry of Communications of Information Technology (MCIT), Government of India –From January 2005 to December 2007 Completed. Mobile Adhoc Networks (MANET) for Financial Inclusion –Designed routing algorithms –Designed Access Control Models Structured Financial Messaging System (SFMS) and Message Structures for Mobile Payments –Completed

April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 8 Research Work on Mobile Payments at IDRBT “A New Mobile Payment System with Formal Verification”, Shakeel Ahamad Shaik, S.K.Udgata & V.N.Sastry, International Journal of Internet Technology and Secured Transactions (IJITST), To appear in “Importance and Issues of Implementing Public Key Infrastructure for Mobile Payments”, Shaik Shakeel Ahamad and V.N.Sastry,2009. “Use of short code services for MPFI”, K.Avanthi and V.N.Sastry Authentication Mechanisms, A.Kavitha and V.N.Sastry,2009.

April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 9 Related Programmes Held Programme on Mobile Banking, IDRBT –August 10-11, 2009 –November 5-6, 2009 Programme on Technologies for Financial Inclusion, IDRBT –January 11-12, 2010 Programme on Wireless Technologies and Mobile Payments,IDRBT –December 7-9, 2009 IBA-IDRBT Open Standards for Smart Card Based Financial Inclusion, Jan IMG (GOI) Report on the use of Mobile Phones for Financial Inclusion, Integration with UID based Financial Inclusion,2009 &2010. MMT Asia, Africa & World Summits, 2009, 2010

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April 17, 2010Seventh MPFI Meeting at IDRBT, Hyderabad 11 Issues  Setting up of MPFI Office Premises - Rental basis / Purchase  One Secretary and One Technical Person to be appointed  Instituting Awards / Certificates of Recognition  Customer Awareness, Education and Complaint registry  Single Short Code Number to MPFI by the Telcos  Vacant positions in various committees & Nomination / election

Release of CD on MPFI Developments and Trends  Preface Chapter 1: About the Mobile Payment Forum of India (MPFI) Chapter 2: MPFI General Body (GB) Meetings Chapter 3: MPFI Executive Committee (EC) Meetings Chapter 4: Standards, Regulations and Guidelines Chapter 5: Reports and Research Articles

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CD Contents MPFI DEVELOPMENTS AND TRENDS  Preface Chapter 1: About the Mobile Payment Forum of India (MPFI) a)Genesis of MPFI b)Press Release, Nov 18, 2008 c)MPFI Society By laws i.Certificate of Registration ii.Letter of approval from Govt. of A.P iii.Society Bylaws Document I iv.Society Bylaws Document II d)MPFI Membership Details and Guidelines e)MPFI Application Form f)MPFI Renewal Form g)Contact Address h)MPFI Election FORM i)Executive Committee j)Technology Committee k)Regulatory Committee l)Business Committee m)Communications and Events Committee

Chapter 2: MPFI General Body (GB) Meetings 1.Seventh GB Meeting, IDRBT Hyderabad, April 17, 2010 (a) Agenda 2.Sixth GB Meeting, Hotel Imperial, New Delhi, Feb 27, 2009 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the Sixth Meeting of MPFI 3. Fifth GB Meeting, Hotel Hyatt Regency, Mumbai, Nov 18, 2008 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the Fifth Meeting of MPFI

4.Fourth GB Meeting, Royal Orchid Resort, Bangalore, August 22, 2008 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the Fourth Meeting of MPFI 5.Third GB Meeting Vodafone Essar Limited, Mumbai, June 07, 2008 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the Third Meeting of MPFI 6.Second GB Meeting, IC & SR Building, IIT Madras, Feb 16, 2008 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the Second Meeting of MPFI 7.First GB Meeting, IDRBT, Hyderabad Sept 15, 2007 (a) Agenda (b) Photos (i) PowerPoint Show (ii) PowerPoint Presentation (c) Minutes of the First Meeting of MPFI

Chapter 3: MPFI Executive Committee (EC) Meetings 1.Minutes of Fifth EC Meeting, Sep11, Minutes of Fourth EC Meeting, Jul 31, Minutes of Third EC Meeting, Oct 17, Minutes of Second EC Meeting, Apr 16, Minutes of First EC Meeting, Dec 19, 2007

Chapter 4: Standards, Regulations and Guidelines  Mobile Payments 1.Mobile Payments in India-Operative Guidelines for Banks, RBI, June 12, Mobile Banking Transactions in India, RBI, Sep 19, Mobile Banking transactions in India - Operative Guidelines for Banks, RBI, October 28, Mobile Banking Transactions in India, RBI, Dec 24, Interoperability Standards for Mobile Payments, MPFI, Sep 22, Guidelines for Prepaid Payment Instruments, RBI, Nov 7, Issuance and Operation of Pre-paid Payment Instruments in India, RBI, Apr 27, Prepaid Payment Instrument Amendments, RBI, Aug 14, Mobile Number Portability Amendments, TRAI, Nov 20, Mobile Number Portability Regulations, TRAI, Jan 28, 2010

Financial Inclusion 1.Bank Terminal Specifications - Technical Document ver FI Card Data Architecture Document Ver FI Overview Document Version FI Terminal Operator Card Architecture Version Key Management System Architecture Ver MicroATM_Standards_v1.0 7.Financial Inclusion- Extension of Banking Services – Use of BC, RBI, November 30, UIDAI – Micropayments, January 2010 CCA Rules and Regulations

Chapter 5: Reports and Research Articles 1.Basics of SFMS Standards, IDRBT, Best Practices and Guidelines for Mobile Financial Services, CTIA, January 28, India_An Overview_Case Study, Paymate, February 27, Payment System Technology, RBI, Settlement Models, Aditya Menon, Obopay, February Anti-Phishing by Smart Mobile Device, IFIP Workshop, Consolidated Account System, MPFI, MPFI_Devl_&_Activities, V. N. Sastry, Frequently Asked Questions About NFC, NFC Forum, Mobile Payment Systems and Services: An Introduction, Mahil Carr, IDRBT, Mobile commerce, mobile banking – the emerging – paradigm, K C Chakraborty, RBI, December 4, Mobile Payment Architectures for India, Deepthi Kumar, T A Gonsalves, Ashok Jhunjhunwala and Gaurav Raina, IIT Madras, Mobile Payments Market analysis and overview, Innopay, Mobey Forum Mobile Payments Channels, MPFI, Short Codes for MPFI, IDRBT, Mobile Phone Banking Best Practices Executive Summary, ATMIA, 2009

17.THE RIGHT TO INFORMATION ACT, GOI The State of Mobile Security in Banking & Financial Transactions, Syniverse, September The transformational potential of M-Transactions, July Payment and Settlement Systems Bill, GOI, Payment Systems in India - Vision , RBI 22.Modelling Operational Risk, December Risk Management Principles of Electronic Banking, BCBS, July Payment Systems in India, Vision Document, RBI January Guidelines on Cell phone Forensics, NIST, May Financial Stability Report, RBI, March Banking on the Mobile, Juniper, Contactless Mobile Payments Report, ITIF, November Dynamic management of multi-application secure elements, Stolpan, NFC Trends, Eurosmart, October Mobile Banking Overview, MMA, Mobile Device Security Element, Mobile Forum, Mobilising Socialising, Monetising, Juniper, Transaction Complete! NFC Solutions, Juniper, 2009

35.Fraud Mitigation and Prevention Measures, SCA, Authentication Mechanisms, IDRBT, WPKI for Mobile Payments, IDRBT, Trai guidelines for sms, e-Financial inclusion, MCIT, Series on Financial Inclusion - BC & Branchfree, Sanjay Bhargava, EKO, Financial inclusion – challenges and opportunities-Duvvuri Subbarao, RBI, December 9, The Eko Series on Financial Inclusion, Sanjay Bhargava, EKO, The Series on Financial Inclusion - AML&CFT, Sanjay Bhargava, EKO, The Series on Financial Inclusion - Reputation Bureaus, Sanjay Bhargava, EKO, The Series on UFA- The Global Payment Switch, Sanjay Bhargava, EKO, 2008

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