Copyright 2015 Kona Software Lab Ltd. All Rights Reserved.Knowledge Sharing on MasterCard Cloud-Based PaymentsProduct DescriptionKONA SOFTWARE LAB LTD. 12thAugust, 2015Copyright 1999-2013 Kona I Co., LtdAll Rights Reserved.C!"#!"STopic-2IIIIIITopic-3Topic-1- $ene%ts & Li'itations- $asi( )esign of the Syste'- *+ll "ransa(tion - Co'ponents and ,od+le- Key ,anage'ent- A-./s between di0erent Co'ponents- L)#- R!S- -rod+(t1 Clo+d $ased -ay'entsWhat is Product ? MasterCardCloud-BasedPaymentssupportsbothin-storeande-commerce payment transactions using a Mobile Device. MasterCard Cloud-Based Payments enables a Digitized Card to be used on a Mobile Device to per!orm "M#-based transactions $ith a Merchant.MasterCard Cloud-Based Payments supports %Contactless TransactionDigital Secure Remote Payment Transaction. ) # A.!!2A".!. , - A C "Digitized Card DC&CP DC&'()Copyright 2015 Kona Software Lab Ltd. All Rights Reserved.Contactless Transaction 5Copyright 2015 Kona Software Lab Ltd. All Rights Reserved.Digital Secure Remote Payment Transaction6I. Topic-1Copyright 2015 Kona Software Lab Ltd. All Rights Reserved.Benefits of MasterCard Cloud-Based Payments7Simplify the deployment of NFC based mobile paymentMasterCard Cloud-Based Payments deliver a new Mobile payment approach which does not rely upon having a chip-based Secure Element provided by a Mobile Networ !perator "MN!#$ or Mobile %evice !riginal E&uipment Manufacturers "!EM#$ or re&uire a 'rusted Services Manager "'SM#MasterCard Cloud-Based Payments rely on a (software-based) solution which is designed to be directly accessed by the Consumers from a standard Mobile !perating System *pplication Store$ such as +oogle PlayMerchants are looing to deliver great e,periences to their customers across all of their channels-.n-store contactless payments are faster than using cash or waiting for change$ and create a positive shopping e,perience for customers-Consumers are now shopping and paying in whatever way best fits their needs and lifestyles / and from every device they ownPayment products based on 0CE will enable Consumers to easily use their MasterCard-branded cards on their NFC-enabled phones to mae Contactless paymentsConsumers may use the MasterCard Cloud-Based Payments %igiti1ed Cards to perform secure remote payments from their Mobile %eviceCopyright 2015 Kona Software Lab Ltd. All Rights Reserved.Drawbacs of MasterCard Cloud-Based Payments8* Mobile P.N must be entered for every transaction-MasterCard Cloud-Based Payments product does not support !ffline transactions- MasterCard Cloud-Based Payments product supports (*lways !nline) transactions in order to maintain necessary feedbac mechanisms for the fraud management system-'he use of a software-based solution re&uires added fraud monitoring to detect cloning or relay attacs-MasterCard Cloud-Based Payments does not support 'orn 'ransaction processing even when supported by the Contactless 2eaderCopyright 2015 Kona Software Lab Ltd. All Rights Reserved.Basic Design of the Product9Copyright 2015 Kona Software Lab Ltd. All Rights Reserved.! Transaction in "ser Perspecti#e10 Stage 3 / 2egistration Stage 4 / %ownload and .nstallation Stage 5 / .nitiali1ation Stage 6 / 2emote Management Stage 7 / 8se Mobile Payment *pplication Stage $ % Registration . ) # A.!!2A".!. , - A C "Copyright 2015 Kona Software Lab Ltd. All Rights Reserved.Stage & % 'nitiali(ation12Copyright 2015 Kona Software Lab Ltd. All Rights Reserved. Stage ) % Remote Management 132emote ManagementStage 6a / Card ProfileStage 6b / Set of 9eysStage 6c / Management2emote Management FunctionsProvisioning "%C:CP#Provisioning "%C:S89#Provisioning "Parameters#Management "Mobile Chec#Management ".nformation %elivery#Management "2emote ;ipe