Masspay int short
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MASSPAY is a mobile payment system that allows any phone to make contactless payments without modifications or extra hardware. It addresses the problems of cash dominance and the complexity of existing mobile payment solutions. The system works by scanning a merchant's sticker or dialing their number, confirming payment details, and receiving an SMS confirmation. MASSPAY turns any phone into a payment instrument and aims to be simpler than alternatives while avoiding niche approaches. It is developed by an experienced team and aims to benefit both merchants and consumers by increasing sales and convenience without heavy investments.
Masspay int short
- 1. mobile payments for everyfone Henryk Kulakowski, CEO, Founder
- 2. MASSPAY is a pure software mobile payment system that works today on any phone with unmodified headsets and none of the disadvantages of SMS or NFC
- 3. While recognized, validated needs for cash replacement exist, only complex, limited, and niche solutions have been proposed with no sustainable business models MASSPAY Without involving new parties, or infrastructure upgrades, MASSPAY turns ANY mobile phone into a universal and ready-to use transaction instrument, TODAY opportunity
- 4. the problem: cash is (still) king 8 out of 10 payments are cash transactions and 9 out of 10 people have mobile phone How to use mobile to compete with cash payments: (1) with minimum new investment, while (2) avoiding undue complexity, and (3) avoiding niche mentality?
- 5. the solution 1. Scan the merchant sticker or dial the number 2. Confirm transaction details & authorize the payment 3. Receive confirmation MASSPAY MASSPAY 123456789012 Payment $3,99 to Coffee Heaven, Market Str. SF (221003521) accepted. Free cake at next order over $5! Payment $3,99 to Coffee Heaven, Market Str. SF (221003521) from is HSBC account ($2294) Accept by PIN: 0-options processing. Please wait for SMS confirmation 221003521 3247 from any phone; dedicated app optional
- 6. the vision if you know how to dial you know how to pay
- 7. Smart/Hbb TV E-commerce Tablet Feature Smartphone phone ATM POS ECR M2M Broadcast TV/Radio Printed media payment possibilities
- 8. Merchant (Payee) Issuer (Bank) Acquirer Clearing & settlements % of fee % of fee MNO business model Consumer (Payer)
- 9. the team 21 industry professionals, 6 widely recognized leaders Previously with T-Mobile, Nokia, Microsoft, Huawei FirstData, mPay, GTECH, VISA founded in 2009 Warsaw, Poland
- 10. the market 6.8B mobile subscriptions 30% smartphones with active mobile Internet NFC iOS, Android 875B cash transactions (2009, EU+USA) 18% non-cash masspay
- 11. ¾ of the population doesn’t use smartphones Source: Google 2014 Source: Comscore 2014
- 12. Competition is extremely fragmented, requiring new handsets or SIMs, software downloads; and limited to certain networks Retail payments Lack of single scenario Undue complexity Lack of universality Immature infrastructure e-commerce P2P transfers
- 13. USERS MERCHANTS o Simplicity, intuitiveness and convenience o Single transaction scenario (e.g. online & offline use cases) o Affordability o Bridging the digital divide o Increased revenues – no lost sales, promotional & loyalty channel o Reduced operational costs - in cash handling o Low investment & operational cost, modest implementation effort o Security and reliability - guaranteed payments the benefits
- 14. IP protection • Four original inventions • Patents granted – US, Algeria, Morocco, Ukraine, South Africa, New Zealand, Indonesia, Madagascar, Turkey, Columbia • Patents pending – over 60 countries • Internet domains, trademarks
- 15. international market acquisition ISSUERS MASSPAY JV ACQUIRERS INVESTORS MASSPAY Int. MARKET ACCESS ENABLER PAYEES PAYERS MNO
- 16. THANK YOU Henryk Kulakowski, Founder hkulakowski@masspay.eu