Innovation Opportunities I n t h e P a y me n t s S p a c e

Noam Inbar, VP Business Development. Zooz

Agenda

1. Introduction to Payments

2. Innovation in Payments

3. Opportunities and Trends

Introduction to Payments

1

Payments: meet the players

5. Merchant gets authorization, acquirer pays

merchant

Payment Transaction Flow

1. Cardholder makes purchase

2. Merchant sends transaction to processor

3. Acquirer submits transaction to issuing bank for payment

6. Issuing bank authorizes payment, acquirer is paid

7. Cardholder pays bank

4. Issuing bank bills cardholder

Cardholder

Issuer

Merchant

Acquirer

Traditional boundaries are blurring

Offline world

Mobile Online world

Mobile Commerce POS Mobile Wallet

In app

Mobile web

NFC

Cloud (web based)

Carrier billing

The Mobile Revolution

The world’s unbanked population

Individual bank accounts 2BN

Mobile users globally

3.8BN Unbanked adults globally 2.5BN

Main driver for mobile payments growth:

Source: Sapient Nitro: Future of money 2012

Lets talk in dollars…

Series 1

0

200

400

600

800

2009 2012

2015

Mobile Payment Volume ($BN) Mobile Payment Volume ($BN)

670B $ in 2015!

The Battle for Trust and Identity

Social Identity Commerce Identity

Mobile Identity

New World, New Needs

Cross Border

Multi Currency

Trust

Monitoring

Expense management

Added value

Group buying Price comparison

“wallet free”

Innovation in Payments

2

Square: Bringing payments to the “mom and pop stores”

Stripe: Payments for Developers

Paymill: Stripe for Europe

Dwolla: Cutting the Interchange fees

Coin: Aggregation of payment methods

Zooz: Unified Payments Engine

Opportunities and Trends

3

What’s next?

• Trust & reputation

• Cardless transactions- ATMs, Mobile Wallets

• Self checkout

• BRIC

• Omni Channel

• Global Commerce

noam@zooz.com linkedin.com/in/noaminbar @InbarNoam

Questions?