P R E S E N T E R : D I A N A S I LV E I RA , N O VA R E L I B RA RY S E RV I C E S
INTRODUCTION TO MOBILE WALLETS
WHAT YOU NEED TO KNOW TODAY
• Mobile Commerce is HERE – NOW! • “Normal” People
are buying from their phones• The market is still
wide open• Privacy & security
will be the biggest issues
http://www.flickr.com/photos/moriza/126238642/
BEGINNERS GUIDE TO MOBILE WALLETS
• Amazon• I-Tunes• App-based
purchases
AGENDA
• SMS• Direct Mobile
Billing• Mobile Web
payments• NFC (Near Field
Communication)
http://www.flickr.com/photos/allard1/4733085752/sizes/m/in/photostream/
SMS
1. User sends SMS with Keyword and unique number to a Premium Short Code.
2. User receives a PIN (User billed via the short code on receipt of the PIN)
3. Finally user enters PIN to get access to content or services.
http://bit.ly/wY7EqX
Image from: http://www.flickr.com/photos/wonderlane/276890512/sizes/m/in/photostream/
SMS (I.E. TEXT MESSAGING)
• PayPal• Venmo
- Need account- P2P
PAYPAL
• Request & send money via SMS • 2.9% transaction fee + $0.30• Discounted Non-profit Rates (2.2%)• PayPal SMS or PayPal Mobile• Bump to exchange contacts & send money
DIRECT MOBILE BILLING
• Declining in use• Ideal for:• One-time purchases• Timed Access• On-going subscriptions from Apps
SQUARE
• Swipe Credit Cards via your mobile device• Can set up “employee
accounts”• Free to Set-up• 2.75% Transactional charge• Instant Receipts
SAIL BY VERIFONE
• Free, encrypting card reader to accept credit card payments on your iOS device.
• 24/7 phone support • Receipts with link to your Facebook,
Twitter, and Yelp• Use your iPhone's camera to scan
barcodes for a faster checkout process.• Integration with traditional VeriFone
countertop credit card terminals.• Pricing:
• No monthly fee and 2.7% per swiped transaction
• $9.95/month and 1.95% per swiped transaction
DWOLLA
• Up and coming• Charges the recipient $0.25
per transaction. And the money sender has the option to assume this cost.• Right now mainly P2P• Ties-into Facebook and
NFC (NEAR FIELD COMMUNICATION)
• Google Wallet: Beta/Limited Availability• Mastercard PayPass• Visa PayWave
Benefits: Stays with you, ease of use,
GOOGLE WALLET
• Libraries can set –up “nonprofit accouts” – 0% transaction fee on credit cards!!!
SECURITY AND PRIVACY ISSUES
Protect Yourself:• Safe/Change Pwds• Lock Phone• Use “Find my
Phone”
• Hackers• Unsecured Transmissions• 3rd party access to your
data• Pick Pockets!!!
BIOMETRICS
• Motorola and others actively working on implementation• Fingerprint/Voice security on mobile devices
Image from http://www.mobioproject.org/
QUESTIONS?
CONTACT INFORMATION
[email protected]/dee987
delicious.com/dee987/mobilepaymentsfacebook.com/NovareLibraryServices
Novare Library Services 877-816-9638
Diana Silveira
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