1. Mobile Payment Forum of India (MPFI) Dr.V.N.Sastry, Executive Secretary, MPFI & A ssociate Professor, IDRBT Institute for Development and Research in Banking Technology, Road. No.1, Castle Hills, Masab Tank, Hyderabad – 500 057 vnsastry@idrbt.ac.invnsastry@idrbt.ac.in 91-4023534981 / 09440803813 http://www.mpf.org.in Dt. February 27, 2009 at the Imperial Hotel, Delhi Developments and Activities

2. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 2 Contents  Major Events  Membership  Financial Status  Issues  Activities

3. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 3 Major Events : 2007 First Meeting of MPFI:  Held on September 15, 2007 at IDRBT, Hyderabad  About 50 participants attended the meeting  MPFI was formally launched.  Various Committees constituted. :  Executive Committee  Regulatory Committee  Technology Committee  Business Committee First Executive Meeting: Held on December 19, 2007 through Teleconference

4. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 4 2008 Second Meeting of MPFI: February 16, 2008 at IIT Madras, Chennai Second Executive Committee Meeting : April 16, 2008 through Teleconference Third Meeting of MPFI: June 07, 2008 at Vodafone Essar Limited, Mumbai Fourth Meeting of MPFI: August 22, 2008 at Royal Orchid Resort, Bangalore Third Executive Committee Meeting: October 17, 2008 through Teleconference Fifth Meeting of MPFI: November 18, 2008 at Hotel Hyatt Regency, Mumbai.

5. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 5 Review of the fifth meeting of MPFI  It was held on November 18, 2008 at Hotel Hyatt Regency, Mumbai.  Open session with Shri. G. Padmanabhan, Chief General Manager, DPSS, RBI  Discussion on Inter-operability standards in Mobile Payments by Shri. G.P.Shekar  Discussions on Certification Process and setting up of Certification Lab at IIT Madras.  Discussions on use of Mobile Banking for Financial Inclusion  Discussion on pre-paid card guidelines  Open session with CEO / Top Management of Telecom Companies on Mobile Payments.

6. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 6 Review of the fifth meeting contd.. During the fifth meeting of MPFI, the first press conference of MPFI was held during the lunch break from 12:45 – 1:30 p.m. Journalists from various newspapers including PTI, UNI, CNBC, UTUI, DNA, Financial Chronicle, Freelancer etc. have covered the press conference proceedings. It was attended by Dr.Ashok Jhunjhunwala, Dr.R.B.Barman, Dr.V.N.Sastry and Mr.Sachin Khandelwal. Dr.Ashok Jhunjhunwala briefed about the various activities, developments, challenges and future road map of MPFI. It was organized by Mr.Pallav Mitra and his team. Press Meet:

7. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 7 Review of the fifth meeting contd.. Elections to EC and the four Committees (TC, RC, BC and CEC). Dr.V.N.Sastry, Executive Secretary and Mr.Sachin Khandelwal, Joint Secretary conducted the Elections for the various Committees of MPFI (EC, TC, RC, BC & CEC) for the year 2009 and Dr. Ashok Jhunjhunwala, Chairman finalized the results through voting breaking the tie, wherever arisen.

8. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 8

9. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 9 Membership Types of Membership:  Associate Member  Institutional Member  Observer Categories of Institutional Membership:  Banks  Telecom Operators  Software and Hardware Technology Providers related to mobile payments  Regulators, Government and Govt. Agencies  Academic and Research Institutions etc. involved in the development of mobile payments in India.

10. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 10 Membership Associate Members : 6 Institutional Members : –Banks : 12 –Telcos : 5 –Technology Providers : 41 –Others : 1 Observer : 1 New members : 4 Total : 69

11. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 11 Associate Members : 6

12. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 12 Institutional Members of MPFI Banks: 12

13. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 13 Institutional Members of MPFI Banks:

14. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 14 Institutional Members of MPFI Telcos: 5

15. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 15 Institutional Members of MPFI Technology Providers: 41

16. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 16 Institutional Members of MPFI Technology Providers contd.

17. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 17 Institutional Members of MPFI Technology Providers contd..

18. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 18 Institutional Members of MPFI Technology Providers contd.

19. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 19 Institutional Members of MPFI Govt. Organization

20. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 20 Observers

21. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 21 New Registered Members of MPFI - 2009

22. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 22 Financial Status of MPFI

23. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 23 Renewed Members of MPFI - 2009

24. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 24 Issues for Discussion  Nomination/Selection of a Treasurer  Office Setup and Registration of MPFI.  Period of financial year to be April 1 st to March 31 st. as per the by laws in stead of calendar year of membership.  Voluntary participation from members and response to reminders. Roles and responsibilities of committee members. Knowledge sharing and achievements of members.  Group email id for communication to all members and committee members.  Website updating and feedback from members.( mpf.org.in )

25. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 25 Issues for Discussion  It is proposed that a new Account is opened after the Registration process of the Society is completed, which will be operated by the Treasurer and 10% of the Fund collected in 2008 should be put under Corpus Fund Account.  As per the Bylaws, MPFI Society should have two Accounts.  Corpus Fund Account.  General Account

26. February 27, 2009MPFI Meeting at The Imperial Hotel, New Delhi 26 Other developments MMT ( Mobile Money Transfer) by Clarion Events –Last one was at Dubai –Next one is in Johannesburg, South Africa in May 2009 –MMT Asia jointly with MPFI proposed in Dec. 2009. National Committee of 15 members for “Standards for Financial Inclusion” constituted during the IBA-IDRBT Workshop on Open Standards for Financial Inclusion held at Mumbai during Feb.5-6,2009.