MobiMax® Charge Card

Product Demo

Confidential and Proprietary to MalCOM

About MalCOMA Malawian Company Registered under

Companies Act in 2012Seeks opportunities to provide ICT Based

Value Added Services in Malawi and Beyond

Promoted by Malawian Entrepreneurs Based in USA, India and Malawi

Authorized Users of of Trademark MobiMax

Background and ObjectiveObtained Endorsement of Concept and Approval to

Develop Charge Card Product from RBM June 2014Authorized by RBM February 2015Since Invested in Software and InfrastructureEngaged Key Stakeholders

Bankers Association (National Switch)Mobile Telco Companies (Agreements Concluded)EmployersRetailers and Service ProvidersPotential Investors

Presentation Objective To Enlighten and Sign on Potential Users (Retailers, Service

Providers and Employers)

The Reality November 2014 

Reserve Bank advert on spending hugely on replacement of abused currency (fishmongers, bridal showers, weddings, ironmongers, etc) 

January 2015  Loan Houses adverts on school fees, etc loans for civil servants…..huge

repayment interest guaranteed by employer. Loans restricted to one product  Man stabbed to near death at Victoria Avenue after visiting ATM Bank advertise apology to clients for failing to transact on Visa, ATM and

electronic transactions Executive fails to pay for shopping bill in a major retail outlet due to visa,

ATM downtime and banks closed. Employee fails to get medical attention at major private hospital due to

failure to pay for shortfalls on medical aid scheme (no cash in pocket, bank account and ATM not present)

Banks increase service charges to access own money

February 2015  Synod asks for bailout from President! KATAPILA still remains a fact of life in Malawi! www.treasuryinsider.com “If we’re looking for the future of financial

innovation, countries like Malawi may be an unexpected source of inspiration”.

The MobiMax Charge Card A card that provides a payment method enabling the cardholder to

make purchases which are paid for by the card issuer (MalCOM), to whom the cardholder becomes indebted. The cardholder is obligated to repay the debt to the card issuer in full by

the due date (month end) No Interest Charges are levied on Cardholder Only transparent Transaction Fees Applied

CARD IS NOT Debit Card Credit Card E-Wallet

Does not Interface with Cardholder Bank Account Provides a Platform for Cashless Financial Transactions A convergence of ICT’s (DB, Card, Security, Cloud Computing,

SDK’s) Unique solution globally

Charge Card Types Corporate Card

Manage Corporate Expenses Monthly Credit Limit Pay for what you spend Limit reset to original value after statement Requires Agreement with Employer

Individual Card Manage Individual Expenses Monthly Credit Limit Pay Fixed amount or What you Spend Limit reset to original value after statement or Credit Rollover Requires Application Endorsed by Employer Value Added Services

Funeral Insurance Policy Subscription (MK 500,000) GOTV Subscription Short Term Advances Management (Up to Expiry Date of Card)

Medical Card Manage Corporate Medical Schemes Annual Credit Limit Pay for what you spend Requires Agreement with Employer

Service ChargesCard Issue (New or Replacement)

MK 2,000.00

Swipe FeeMK 250.00 per swipe

Transaction Charge3% of value of transaction

Funeral InsurancePremium MK 450Collection Charge MK 90.00

Free ServicesSMSBalance Enquiry

Potential Market Local Purchase Order(LPO) Administration Lay-Byes Stop Orders (Medical Aid, Insurance, Mortgages, etc) Katapila Victims Corporate Travel/Hospitality Expenses Advances Management TV Subscriptions Utility Payments Religious Tithes Government Subsidy Programmes Fuel Personal Expenses Medical Aid Claims Management ….etc

Key BenefitsCardholders

SecurityConvenienceDignity and ClassEscape from Katapila Cash Management

EmployersAdvances ManagementStop Order ManagementCaring Employer Perception

Key Benefits (Cont’d)Retailers and Service Providers

SecurityDecreased Cash PilferageIncreased SalesLoyalty ProgramsVisibility on MalCOM Website

The EconomyIncreased Consumer SpendingReduced Currency Management ExpensesCashless Transactions

Potential FootprintRetailers/Service Providers Employers/Representatives

Hotels Civil Service

Transport Credit Unions

Service Stations Malawi Defence Force

Retail Chain Stores Malawi Police Service

Private Hospitals Sugar Industry

Utility Services Medical Insurers

TV Service Providers  MCTU

Private and Public Sector Players

Technology and Tools Cloud Computing Web Access Data Centre and Mirroring Servers

Web Email SMS Database

Email and SMS Communications GPRS Communications Data Encryption Anti Hacking Firewall and Anti Virus EMV Compliant POS Devices (48 hr Standby Batteries)

Dual SIM Cards Card Activation Transactions Card Balances Daily Reports Non-Cloneable

Proximity Cards

Relational Diagram

Retailer/Service Provider Agreement Key Features

Hosting of POS DevicesTechnical Support and TrainingDevice MaintenanceStationery ProvisionUser AccessRetailer Deposits (Redeemed on Termination)Deposit Top UpPayment to Retailer DatePayment Format (EFT)Email/SMS Alerts on Deposits and PaymentsManagement Reports (POS and Web)

Employer/ee Agreement Key Features

Employee Applications Commits both employee and employer to pay for services on an

agreed dateEmployee Credit LimitsStatement DatesPayment DatePayment From PayrollPayment Format (EFT)Pre/Post PaymentCard Distribution Format (Courier)Management ReportsCard LifeSMS Messaging - Passwords, Transactions

Customer CareHotline, 24/7 Engineering SupportSLA’s (Retailers and Employers)Web SupportEnd User TrainingIEC MaterialsTransparent Charges (Appear on POS slip)Balance enquiry at POSPOS messages for Inadequate Credit, Inactive/Blocked

Cards or EmployerTransactions Confirmed by SMS to Cardholder

Customer Protection Data

Data Encryption Firewalls (State of the Art) Data Mirroring Bomb, Fireproof Data Centre Data Encryption Dual SIM GPRS POS Device

Card Holders Password Protected Transactions SMS Delivery of Passwords Card Blocking Facility Blocked Cards Cannot be Reactivated EMV Compliant POS Devices and Cards Proximity Charge Card Not Cloneable

Retailers and Service Providers Cash Surety/Deposits Reserve Fund Cashier Password Access Audit Trails

MobiMax DemoRetailer RecruitmentCardholder RecruitmentTransactions – POSAlerts and Key Reports

ContactsMajete Road, Namiwawa

P.O. Box 1889Blantyre

Email: info@malcomw.comTel: 0888439394/0997759275Website: www.malcomw.com

Q and A