1. Cesar Lomeli

2. What are e-Payments and Digital Wallets ?
Devices and programs used for making payments for purchases digitally, without presenting a physical credit card, debit card, or cash.
Internet-based digital wallets let customers add credit or debit card information to a personal account or profile. Allows users to pay for online purchases, prepaid, donate without providing their card details.
- PayPal
- Google Wallet (Google Pay Send)
Device-based digital wallets use near field communication (NFC) Customers can wave their phone or other NFC-capable device near a contactless reader.
Samsung Pay
Apple Pay
Google Pay

3. What are e-Payments and Digital Wallets ?
Device-based digital wallets use near field communication (NFC) Customers can wave their phone or other NFC-capable device near a contactless reader.
Samsung Pay
Apple Pay
Google Pay
NFC is a set of short-range wireless technologies < 10 cm. NFC operates at MHz on ISO/IEC air interface and at rates ranging from 106 kbit/s to 424 kbit/s.

4. We’ll mainly cover…
Samsung Pay
Apple
Pay
Google Pay
Google
Wallet

5. Security
Uses Secure Element to store secret information associated with tokenized cards
A Secure Element (SE) is a tamper-resistant platform (typically a one chip secure microcontroller) capable of securely hosting applications and their confidential and cryptographic data.

6. Security
Originally released on October 20, 2014
Post iPhone 6, and in Apple Watch, an SE is embedded into the device’s near-field communication (NFC) chip. This is used at payment terminals to perform transactions over NFC. SE emulates a payment card during an Apple Pay transaction.
Uses Secure Element to store secret information associated with tokenized cards which are a substitute of sensitive data element with a non-sensitive equivalent. A Token maps back to the sensitive data.

7. How does it work?
Adding a Card to Apple Pay: Either scanning the card or by submitting the card information. The card network acting as a TSP (Token Service Provider) creates a token 1

8. Apple Pay uses EMVCO’s contactless specification to communicate with the terminal. EMV contactless mode 2 OR
If the terminal does not support EMV contactless, Apple Pay falls back to use contactless MSD (magnetic stripe data) mode.

9. Data is discretionary to the card network
Data is discretionary to the card network. In case of Apple Pay, this is used as a dynamic card verification value (CVV).
This is the Device Account Number or the DAN (AMEX)
Magnetic Stripe Data, is how older cards store card details. Data is stored as tracks in magnetic stripe cards. Magnetic stripe cards can have up to 3 tracks, and each track (track1, track2, track3) has a different format.
Expiration year and month(yy/mm)
Service code

10. Completing the transaction
This transaction request is sent to the issuer (the bank or the financial institution who issued the credit card) along with the original PAN. The issuer authorizes the transaction and sends back the response which eventually reaches the POS terminal. 3

11. “You can use Apple Pay to pay and get paid right in Messages, or by asking Siri. There’s no app to download, and you can use the cards you already have in Wallet.”

12. How does it work? (NFC) technology to process payments
Originally released on August 20, 2015
(NFC) technology to process payments
Magnetic secure transmission (MST): The phone emits a magnetic signal that simulates the magnetic strip found on the back of a credit or debit card.
In 2015 Samsung acquired mobile payment company LoopPay, which developed the specific MST technology used for Samsung Pay.

13. VS
Samsung Pay works at almost all stores that accept credit or debit cards, not just those with tap-to-pay NFC terminals.
Samsung Pay also offers a cash back feature with a number of participating retailers and Chase Pay users can also link the digital wallets with Samsung Pay.

14. Samsung Pay Apple Pay Google Pay
Apple iPhone X, iPhone 8/8 Plus, iPhone 7/7Plus, 6/6 Plus, 6S/6S Plus, SE, Apple Watch, MacBook Pro with TouchID, iPad 5/6th generation, iPad Air 2, iPad Pro and iPad Mini 3 and 4
Samsung Galaxy S9, S9 Plus, Note 8, S8, S8 Plus, S7, S7 Edge, S6 Edge Plus, Galaxy Note 5, Galaxy S6 and S6 Edge, Gear S2 and S3
Android phones with NFC and HCE support running KitKat (4.4) or higher
27 countries worldwide
24 countries worldwide
18 countries worldwide
FaceID or fingerprint authentication
Fingerprint, PIN or iris authentication
Fingerprint, PIN, pattern or password authentication
Works with NFC terminals, in-app purchases and web purchases in Safari
Works with NFC, magnetic stripe or EMV terminals, in-app purchases
Works with NFC terminals and in-app purchases
Credit, debit, loyalty cards
Credit, debit, loyalty and gift cards
Wide variety of banks.
Wide variety of banks.  PayPal
Wide variety of banks. PayPal

15. Originally released on September 11, 2015
First called Android Pay. Google launched that mobile wallet in September 2015 in the US and May 2016 in the UK.
February 2018, it rolled out an update to Android Pay and became Google Pay.

16. Security
Device lock screens, remote device wiping, and tokenized card numbers: Customers enjoy protections from loss or theft of devices containing token information.
Easy integrations: Google Pay do the heavy lifting when it comes to tokenization, making the integration with Google Pay simple for merchants.
Reduced merchant risk: The tokenization process means less sensitive customer information for merchants to have to store, reducing your exposure and worries about data breaches.

17. Payments online
Web Developers can integrate with the Google Pay API, customers can make online purchases and not entering their payment and shipping information.
Developers can use the Google Pay API to offer one-touch checkout experiences and request any credit or debit card stored in the customer’s Google Account.

18. Google Pay is officially a one-stop shop for purchases, passes, and payment methods. Google is currently working on bringing Google Pay to all Google products.
Google Wallet will soon become Google Pay Send. This app is used to send, request, and receive money from other people. It'll come in handy for tasks like splitting bills.
How to set up and pay:

19. Originally released on December 2015
“Can’t use Apple Pay at Wal-Mart, and you can’t use Walmart Pay anywhere except Wal-Mart.”

20. How does it work? Download app.
Manually add credit or debit cards. You cannot take pictures of your credit card like Apple Pay.
Launch the app and choose Walmart Pay inside the app before paying. (Apple Pay automatically recognizes when you’re near a register that accepts mobile payments.)
To pay, aim the phone’s camera at a QR code displayed on the register.
Enter 4-digit passcode or touch the fingerprint ID sensor on your phone.

21. What does it offer?
Instant Transfer: Must have a credit or debit card registered with PayPal as a backup for your funds.
eCheck: 3 to 5 biz days for an eCheck to clear
PayPal Balance
Credit Card: “Pre-charged” card

22. VS
CHINA

23. Number of users of leading mobile payment platforms worldwide as of August 2017

24. Number of mobile payment users accessing selected leading payment apps in the United States as of July 2017

25. Question 1
What is the range of near field communication (NFC) devices?
Less than 10 cm
From 10 cm to 20 cm
NFC is a pure online technology

26. Question 1
What is the range of near field communication (NFC) devices?
Less than 10 cm
From 10 cm to 20 cm
NFC is a pure online technology

27. Question 2 What was Google Pay first called? Apple Pay Android Pay
Google Pay Send

28. Question 2 What was Google Pay first called? Apple Pay Android Pay
Google Pay Send

29. Thank you.