One-stop shop for mobile and digital payments

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1 One-stop shop for mobile and digital payments HCE & Tokenization, Masterpass, MDES/VTS, Converged Wallet, Wearables February 2017

2 MeaWallet The company Leading technology provider of cloud-based payments (HCE) and Masterpass Head office in Oslo, founded in 2013 A part of Seamless Distribution AB Group (publ. SEAM) Strong management with combined experience of 75+ years in payments business 200 dedicated experts in payments Live references since early 2016 Certified by Mastercard and VISA thanks to MeaWallet technology we are glad to offer a great new product to our customers.. Svetoslav Moldovansky, Executive Director at Fibank

3 Global trends why now? PSD2 OEM Pay The digital customer Opens up for new players Increased competition Who will front and own the customer? Apple, Google, Samsung and Microsoft Who will own the user and their data? Competitiveness through data gathering and developing new VAS The digital generation and their demands More than 100 million people made a mobile NFC payment in mobile NFC expenditure expected to reach US$45 billions 1 It is time for action and to rethink your customer engagement model 1) Strategy Analytics via NFCWorld.com

4 MeaWallet Value propositions Fast time to market Ready-to-deploy product Project delivery in 3-6 months Global acceptance Certified and accepted by Mastercard and VISA One-stop shop Tokenization & HCE, MDES/VTS, Masterpass, Converged Wallet, Wearables Know-how Years of experience & indepth knowledge about mobile, card payments and security Low risk Our focus is on mobile payments, we are flexible on implementation alternatives (hosted or In-house delivery) at reasonable costs Live and proven Four live implementations (Mastercard & VISA) in Europe

5 MeaWallet Products Enables banks apps and 3 rd party wallets with tokenization/hce according to Mastercard and VISA. Can be integrated with MDES/VTS Offers securely hosted storage of card and user credentials for shopping with Masterpass online (ewallet) and in-app (mwallet) Solution that enables in-store (NFC), online and in-app payments in one single mobile experience Mea Token Platform transforms smart wearable devices into payment cards. Embedding MeaSDK in your app, the users can add their payment cards and sync them to the wearable device. Mea Cloud-Based Payments platform enables HCE cloud-based payments and tokenization for local payment schemes

6 MeaWallet Product customer fit Product Mea Token Platform Mea Masterpass Mea Converged Wallet MeaTP for Wearables MeaCBP Typical customer Mastercard Issuer Visa Issuer AmEx Issuer Multi-scheme Issuer Mastercard Issuer Multi-scheme Issuer Mastercard Issuer Multi-scheme Issuer Wearable OEM National schemes Mastercard Issuer AmEx Issuer

7 MeaWallet Selected references Fibank (Bulgaria) Live since April-2016 Top bank in Bulgaria MeaWallet HCE technology embedded under bank s mobile app Mastercard project Findomestic Bank (Serbia) Pilot-Live since October-2016 A BNP Paribas group bank Together with Serbian cards processor ChipCard, MeaWallet delivered the HCE technology + a white label wallet app (branded in banks colors/logo) Mastercard project Kombank (Serbia) SEQR (European Wallet) Live since July-2016 Enabled in 16 European countries MeaWallet HCE technology enabled under SEQR s mobile wallet Mastercard project Live since February-2017 Top bank in Serbia Together with Serbian cards processor ChipCard, MeaWallet delivered the HCE technology embedded under bank s mobile app VISA project

8 MeaWallet Typical project timeline Step 0 Identify business opportunity Step 1 Commercials & Signed agreements Step 2 Analysis, design, development and integration Step 3 User acceptance test Step 4 Production pilot (1-2 weeks) (4-6 weeks) (3 weeks) (4 weeks) Project delivery and testing in weeks

9 Mea Token Platform Built to support any Token Service Provider through a single API-based connection Enable OEM Pays and your own wallet through one solution Pre-certified solution that simplifies go-live process Bypass integration challenges with one single interface towards multiple schemes/tokenization services Configurable and modular product ensures faster time to market and reduced costs

10 Mea Token Platform Architecture Optional connection for pre- and post-digitization messages MeaWallet Payment App Server (PAS) MeaWallet Wallet Server MeaWallet CMS-D Mastercard Digital Enablement Service and/or Visa Token Service $ Issuer processor Issuer Wallet MeaSDK Payment Networks

11 Mea Masterpass Simple and secure digital payments online and in-app Low complexity no integration required in its simplest form Reduce hassle while shopping, without compromising security Simplified checkout experience with one-click-purchases One wallet to securely store all your card credentials and shipping addresses Can be delivered hosted or as a licensed software

12 Mea Masterpass Architecture MeaWallet PCI-DSS secured hosting Mea Masterpass Mastercard Masterpass Switch $ App Mea SDK Issuer Processor Payment Networks

13 Mea Converged Wallet A full-fledged wallet supporting contactless payments, in-app payments and ecommerce payments One SDK for both HCE and Masterpass functionality User can add card once and use it for all types of payments Can be delivered connected to Issuer s CMS system for easier user-onboarding and pre-loading of cards to User s wallet Can be delivered hosted or as a licensed to be hosted at Issuer s premises

14 Mea Converged Wallet Architecture MeaWallet Payment App Server (PAS) Mea Wallet Server and CMS-D Mea Masterpass Mastercard Digital Enablement Service and Masterpass $ App Issuer Processor Mea SDK Payment Networks

15 MeaTP for wearables MeaWallet can provide connectivity between wearable device and MDES/VTS in order to issue payment cards to wearable device OEM vendor may use existing app extended with MeaWallet SDK to manage payment card (request new card, request card update, select favorite card, etc.) OEM vendor may also choose to use a white-labeled version of MeaWallet s app for managing payment card The connectivity to MDES/VTS can be provided either as a hosted, managed service, or as a software hosted by the OEM vendor

16 MeaTP for wearables Architecture MeaWallet Payment App Server (PAS) MeaWallet Wallet Server MeaWallet CMS-D Mastercard Digital Enablement Service and/or Visa Token Service $ $ $ Issuers Wearable admin app MeaSDK Payment Networks

17 MeaCBP Enables HCE payments for local payment schemes Uses Cloud-Based Payments and Tokenization Platform that enables issuance and life cycle management of digital cards (device tokens) Provided as licensed solution to be hosted in the Issuer s (processor) hosting environment The platform acts as a central hub, connecting all parts of the payment scheme

18 MeaCBP Architecture MeaCBP MeaWallet Wallet Server TMS and Token Engine $ MeaWallet AES MeaWallet CMS Issuer processor Issuer Wallet MeaSDK Local or National Payment Scheme

19 Lars Sandtorv CEO Mob

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