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Internet World, London 29 April 2008 Banking 2.0 and the rise of virtual wallets.

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Presentation on theme: "Internet World, London 29 April 2008 Banking 2.0 and the rise of virtual wallets."— Presentation transcript:

1 Internet World, London 29 April 2008 Banking 2.0 and the rise of virtual wallets

2 2 1 Introduction to Moneybookers 2 Banking 2.0 for Businesses 3 Banking 2.0 for Consumers 4 Banking 2.0: Trends & Key Drivers Agenda 5 Contact

3 3 Key Facts About Moneybookers 3 First regulated e-money issuer, regulated by the UK financial authorities (FSA) Founded in July 2001 and based in London, United Kingdom Owned by Investcorp, Chairman of Moneybookers’ Board: Dr. Thomas Middelhoff 200 employees, supporting 12 languages Most comprehensive Payment network for borderless money transfers worldwide and in real-time 5.0 Million account holders and 8,000 new account openings per day More than 20,000 merchants have used the Moneybookers solution Moneybookers is an independent payment provider

4 4 Our Partners 4

5 5 5 No. 1 in Local Payment Options – more than any competitor Amex Visa Mastercard Jcb Diners Club Local Instant Bank Transfer Bank transfer Amex Visa Mastercard Jcb Diners Club Poli Amex Visa Mastercard Jcb Diners Club Bank Wire (coming soon) Amex Visa Mastercard Jcb Solo Dinerd Club Amex Visa Mastercard Jcb Diners Club eNETS Bank transfer Amex Visa Mastercard Jcb Diners Club Amex Visa Mastercard Jcb Diners Club Bank Transfer (coming soon) Poli Bank transfer Amex Visa Mastercard Jcb Diners Club Euro6000 4B Visa Electron Bank transfer Amex Visa Mastercard Jcb Diners Club Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club EPS Bank transfer Amex Visa Mastercard Jcb Diners Club Laser Bank transfer Amex Visa Mastercard Jcb Diners Club Cheque Solo Bank transfer Amex Visa Mastercard Jcb Diners Club iDeal Bank transfer Amex Visa Mastercard Jcb ClubDiners P24 BPH Inteligo Mbank Multitransfer Nordea Bank transfer Amex Visa Mastercard Jcb Diners Club Giropay ELV Sofortüberweisung Bank transfer Amex Visa Mastercard Jcb Solo Bank transfer Amex Visa Mastercard Jcb Diners Club Poste Pay Carta C Visa Electron Bank transfer Amex Visa Mastercard Jcb Diners Club Cheque Carte Bleue Bank transfer Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Amex Visa Mastercard Jcb Diners Club Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Amex Visa Mastercard Jcb Diners Club Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Bank transfer Visa Amex Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb ClubDiners Bank transfer Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Bank transfer Amex Visa Mastercard Jcb Diners Club Amex Visa Mastercard Jcb Diners Club Bank Transfer (coming soon)

6  Moneybookers’ E-Wallet enables... Consumers to send money to each other Only and password are required for a secure, convenient and high conversion payment transaction Merchants to receive money from customers instantly Affiliates to receive and distribute funds Auction platforms to process money between the participants Moneybookers: E-wallet and Quick Checkout Payment Gateway Go shopping Send money 6  Moneybookers’ Quick Checkout enables... Direct processing of all local payment options Gateway integration per iframe Adaptable look and feel High conversion “One-click” payment Instant status reports

7 7 1 Introduction to Moneybookers 2 Banking 2.0 for Businesses 3 Banking 2.0 for Consumers 4 Banking 2.0: Trends and Key Drivers Agenda 5 Contact

8 Market Highlights and Trends in Europe: Market is growing with 25% per annum and to 300 billion in 2009 Biggest segments are Travel (38%), Clothing(11%) and Media(10%). E-Commerce Revenues in Europe: Total growth to $ 300 billion in 2009! 8

9 The payment market becomes more and more fragmented! 9  Credit Card payments dominate the global online payment sector by far (59%)  E-Wallets make up already 12% of the global online payment market Source: EuPD Research, E-Commerce 2007 Breakdown of preferred local payment methods (globally) E-Wallet COD – Cash on Delivery Bank Transfer Credit Card Debit Card Money Transfer Postal Transfer Cash Paid in Person by the Buyer Payment Through a Convenience Store Cash in the Mail Pre-Paid Card Other Method

10 In Germany Credit Cards make up only a small part of payment methods used for shopping 10  Bank transfer (69%) and Direct Debit (54%) are the most widely used payment options in Germany  Cash on delivery is still more widely used than payment via Credit Cards (only 40%, but growing)  Online bank transfer services (Giropay, Sofortueberweisung) and E-Wallets are on the rise Source: EuPD Research, E-Commerce 2007 Breakdown of preferred local payment methods (Germany only)

11 Instant payment/bank transfer Low transaction costs All currencies supported All local payment options No need for local bank accounts One integration Risk profiling and fraud control E-Wallet... Traditional Banks Very fragmented environment Focus on local activities Traditionally slow and complex Need to open local bank accounts Various interfaces, high cost Internet Payment Options Huge fragmentation Multiple integrations necessary Numerous contracts required Banking 2.0: Overcoming fragmentation and complexity of the banking and payment industry to enable growth! 11

12 12 1 Introduction to Moneybookers 2 Banking 2.0 for Businesses 3 Banking 2.0 for Consumers 4 Banking 2.0: Trends and Key Drivers Agenda 5 Contact

13 13 Micropayments on the Rise News / Articles Entertainment Online Publishing Music Video/DVD Games / MMOPRG’s Communication Traditional Paid Content Mobile Content Technical Literature Pictures The micropayments sector experienced a great shift in demand through new online consumption in recent years:

14 Traditional Payment New Payment Payment without revealing credit-card/banking details Quick check out – no need to retype any details Instant payment (send and receive) Bank account aggregation, support of multiple payment options/ various credit cards The E-Wallet - The safest and quickest way to pay Low Conversion Rate High Conversion Rate Higher Revenue Fear of security leaks Reservation to enter sensitive data esp. for smaller values Phishing attacks Limited Growth Potential The rising importance of Micropayments emphasizes security concerns in traditional online payment! 14

15 15 1 Introduction to Moneybookers 2 Banking 2.0 for Businesses 3 Banking 2.0 for Consumers 4 Banking 2.0: Trends and Key Drivers Agenda 5 Contact

16 16 Banking 2.0: Trends and Key Drivers Trend 1: Globalization of websites Local businesses start selling globally Domestic customers move money globally (International money transfer/remittance) Trend 2: Rise in identity theft and payment fraud Protect your margins! Manage payment risk locally! (Scoring models, Blacklists, local BIN databases, IP checks, Device tracking, Fraud algorithms) Trend 3: Emergence of new business models ‘Pay!’ (Social gifting/charities) ‘Micro Pay!’(Virtual goods, MMOGA) ‘Pay Out!’(User generated content) ‘Pay me back!’(P2P payments)

17 17 1 Introduction to Moneybookers 2 Banking 2.0 for Businesses 3 Banking 2.0 for Consumers 4 Banking 2.0: Trends and Key Drivers Agenda 5 Contact

18 18 Contact Martin Ott Co-CEO Phone: Fax: Mobile: Moneybookers Limited Welken House · Charterhouse Square London EC1M 6EH UK


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