FIN925 eTranzactMobile Payment System

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FIN925 - eTranzact--Mobile Payment System
Valentine ObiCEO, Sybase Nigeriavalentine.obi_at_sy
base.com 234-802-7781080August 04, 2003
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Agenda

• Introduction
• Overview of Payment Industry
• Customer Needs
• The Product eTranzact
• Overview of eTranzact
• Key Features
• Value Add
• eTranzact Concept
• eTranzact Business Architecture
• eTranzact Services
• Technology Implementation
• on eTranzact

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Introduction

• Overview of the Payment industry

• Money has been a means of exchange for payment of
  goods and services and has proven to be an
  inevitable part in human endeavor over the ages

• People are now looking for an alternative means
  of payment from cash and card to electronic
  payment which would be real time and online and
  probably the greatest revolution of all time in
  the payment industry

• The value of transactions being paid for is a key
  determinant of what mode of payment should be
  employed.

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Introduction
Overview of Payment Industry
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Introduction

• Customers Need

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Agenda

• Introduction
• Overview of Payment Industry
• Customer Needs
• The Product eTranzact
• Overview of eTranzact
• Key Features
• Value Add
• eTranzact Concept
• eTranzact Business Architecture
• eTranzact Services
• Technology
• Implementation on eTranzact

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The Product eTranzact

• Overview of eTranzact

• The first fully operational internet and
  mobile phone payment System.
• eTranzact transforms your mobile phone into a
  credit card, debit
• card or your bank account.

• eTranzact is compatible with any bank
  account, any mobile phone and
• on any mobile network
• eTranzact operates like a debit card in your
  mobile phone or an
• internet account enabling card holders to
  shop securely online and
• effect money transfers

eTranzact
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The Product eTranzact
Key Features
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The Product eTranzact
Key Features

• MODULARITY
• Bank module
• The merchant module
• The Telco module
• The e- Portal module
• The cardholder module and the
• cryptography module responsible for data
  encryption across the whole architecture.
• Messaging protocols supported includes ISO 8385
  SMS and voice XML. However, the system is
  positioned to support future development e.g.
  GPRS, UMTS e.t.c 

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The Product eTranzact
Key Features

• Scalability
• The solution is an open architecture that makes
  it highly scalable. Technically, there is no
  limit to the number of users the solution can
  support.

• Transaction Mode
• The solution supports both online and offline
  transaction modes. The normal configuration is
  the online transaction mode in which the
  merchant/cardholders eTranzact accounts are
  credited/debited in real-time.
• Multi-Channel Capabilities
• Supported channels for operating the scheme
  include the mobile phone and the PC. Others are
  internet-enabled PDAs. Compatibility with ATMs is
  proposed.
• Authentication
• A third party authentication is used to
  authenticate the users of the system.
  Authentication measures include A 16 digit card
  number, A 4 digit PIN and Expiration Date(mm/yy
  form)
• Cryptographic hashes are generated during
  authentication

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The Product eTranzact
Value Added

• Value Add to Subscribers
• Convenience and speed
• Immediacy/spontaneity
• Improved Security
• On-line debit facilities
• eCommerce enablement
• Utilities bill payments
• Ubiquity

• Value Add to Bank
• Increased float income
• Increase in cash flow as cash
• in the informal sector will
• be drawn into the banking
• system
• E/M-commerce capabilities,
• Internet, Telephone and
• Mobile Banking. Increased
• customer satisfaction

• Value Add to Merchant
• Reduction in cost of cash
• handling
• Reduction in storage risks
• Improvement in Business
• Opportunities and Efficiency
• Reduced cost of printing
• recharge cards

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Agenda

• Introduction
• Overview of Payment Industry
• Customer Needs
• The Product eTranzact
• Overview of eTranzact
• Key Features
• Value Add
• eTranzact Business Architecture
• eTranzact Services
• Technology
• Implementation on eTranzact

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eTranzact Business Architecture
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Agenda

• Introduction
• Overview of Payment Industry
• Customer Needs
• The Product eTranzact
• Overview of eTranzact
• Key Features
• Value Add
• eTranzact Business Architecture
• eTranzact Services
• Technology
• Implementation on eTranzact

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eTranzact Services
One of the major capabilities of eTranzact is
seamless integration with third party databases,
applications and various operating environment.
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eTranzact Services
eTranzact Merchant Services The eTranzact
Merchant Services enables merchants to receive
payment from their customers via eTranzact.
eTranzact B2B Service The B2B service of
eTranzact provides a comprehensive e-Business
platform for B2B (Business-to-Business)
operators. It includes distributors payment,
suppliers payment, shipping and delivery, credit
facilities to distributors, accounting,
etc. eTranzact Telco Service The eTranzact Telco
Service is equipped with a set of payment
(post-payment and pre-payment) and integration
interfaces for the telecommunication industry.
With the Telcos Services integration interface,
subscribers are able to make payment for
telephone via any channel (SMS for GSM
operators, Voice XML  eTranzact
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eTranzact Services
eTranzact Money Transfer Services The eTranzact
Money Transfer Services allows eTranzact
subscribers to transfer money amongst themselves.
The initiating and recipient subscribers
accounts may be domiciled in the same bank or in
different banks. Money transfer with eTranzact is
online real-time. The recipient is able to
transact with the money as soon as the transfer
is made. Money transfer can be done on the
internet or through the mobile phone.
  eTranzact Utility Service The eTranzact
Utility Service is built for utility service
organizations and departments, for example
electricity boards, water corporations and other
public services. In developing countries, payment
for utilities has been a major problem, thus this
service has become inevitable in the utility
industry.
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eTranzact Services
eTranzact e-Commerce Service Electronic
Commerce is one of the most important aspects of
the internet. It allows people to exchange goods
and services immediately and with no barriers of
time or distance..
eTranzact Mobile Banking The eTranzact Mobile
Banking enables eTranzact subscribers/account
holders check their account balances, list most
recent transactions and transfer money from one
eTranzact account to another using their mobile
phone eTranzact Internet Banking With eTranzact
Internet Banking, eTranzact subscribers/account
holders are able to check account balances, list
past transactions using a date range, transfer
money from one eTranzact account to another,
confirm payments, change PIN and/or password
through the internet
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Agenda

• Introduction
• Overview of Payment Industry
• Customer Needs
• The Product eTranzact
• Overview of eTranzact
• Key Features
• Value Add
• eTranzact Business Architecture
• eTranzact Services
• Technology
• Implementation on eTranzact
• Other Developments
• NSE-Nigerian Stock Exchange.

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eTranzact Technology Platform
Mobile Terminal
Internet Connection
The Subscribers
Sybase Enterprise Portal
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eTranzact Doing Business without boundaries
eTranzact enables business without boundaries
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Agenda

• Introduction
• Overview of Payment Industry
• Customer Needs
• The Product eTranzact
• Overview of eTranzact
• Key Features
• Value Add
• eTranzact Business Architecture
• eTranzact Services
• Technology
• Implementation on eTranzact
• Other Developments
• NSE-Nigerian Stock Exchange.
• Our Site
• Q A

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eTranzact Website
The Computer Worlds Honors Laureate
April 6th, 2003 in San Francisco City Hall
eTranzact was formally presented with the Medal
of Achievement.
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The Nigerian Stock Exchange
The Nig.Stock Exchange has been honored by the
Computer world Honours Programme, which was
established in 1988 to identify leaders in the
global information technology revolution and to
record the impact of their achievements on
society.
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Next Phase

• eTranzact International LLC, USA incorporated in
  May 2003
• eTranzact International Limited, United Kingdom,
  November 2002

• eTranzact International Limited, Ghana
• eTranzact International Limited, Zimbabwe before
  September 2003

• eTranzact Global vision for Africa
• Using NEPAD as a launch pad creates the first
  African Payment
• Network
• - Leave any eTranzact enabled country
• to another without carrying cash