1. By Hinal Pithia Monday, November 14, 2011

2. Overview The traditional wallet The digital wallet –How it works –Technology –Payment Models –The players –Considerations

3. Traditional Wallet

4. What’s in your wallet?

5. What is a digital wallet?

6. Why is there a need?

7. How does it work? 2 components –Software Typically stored on client side and self maintained Server side wallet– organization creates this one for you and maintains it on their servers! –Information Address, CC info and other

8. Technology Secure communication medium –NFC Fast secure authentication and secure tamper proof storage –Chip ensures thieves are unable to access info embedded in the phone

9. What is the value of NFC?

10. Wise spending Keeps track of your transactions Start and continue the conversation and build brand loyalty.

11. Payment Models – Point of Sale NFC compatible reader Place phone on/near pad Pad transmits request Necessary signatures Receipt sent to phone

12. Payment Models – Peer to Peer Enter amount Locate payee’s phone

13. Starbucks iPhone Upcoming months: Android and Blackberry

14. Who’s in? Before After

15. Financial Institutions Without financial institutions, there is no digital wallet. Credit card companies = threat

16. Carriers Provide networks and actual devices to consumers

17. Retailers Need to differentiate themselves amongst other retailers to drive sales Embrace “everywhere shopping”

18. According to mobile phone users worldwide…

19. Considerations Adaptability Reduce software/feature bloat –Emailing –Chatting –Social networking –Apps

20. You Your life is on your Your personal and private info is in your

21. Time’s Up! About your speaker: –Name: Hinal Pithia –Email: h.pithia@gmail.comh.pithia@gmail.com