Dame Damevski How inpay keep banks relevant in the e-commerce

How Inpay keep banks

relevant in the E-commerce

XIX International Conference of Clearing Institutions in CEE, Sofia, Bulgaria

224 October 2014

+15%

€1.2 trillion


24 October 2014

http://www.emarketer.com/

€19.3 billion+47.3%

Source: E-commerce Europe, Position Paper e-Payments (2014)

How do you pay today?


524 October 2014

The security of local bank transfers

The speed of payment cards

The integration of online banking


624 October 2014

PayIn – smart, safe, seamless

1


724 October 2014

PayOut – managing multiples

1

£

¥

$

€


824 October 2014

What’s in it for the Bank

1. Recapture lost revenues from ‘alternative’ payments

2. Improve customer loyalty

3. Open new revenue sources

4. Increase merchant payment offerings

5. Drive customers to your online banking services

6. Inpay provides an extra layer of fraud prevention

7. Satisfy consumers’ needs for an easy and secure e-payment

method and the protection of their identity and personal data

8. Use a product leveraging the trusted ACH network


924 October 2014

oOur compliance and security measures meet or exceed all national

and international requirements.

o Regulated by the Danish Financial Supervisory Authority

and passported to all EU member states

oRegulated by the Swiss Financial Market Supervisory Authority

(FINMA).

oAll customers and transactions vetted through multiple,

internationally recognised procedures, including Know Your

Customer (KYC), Anti-Money Laundering (AML), Counter Terrorist

Funding (CTF), Politically Exposed Persons Lists (PEPs).

oMeets all EU legislation and safety precautions regarding Anti-

Money Laundering and Terrorist Financing.


24 October 2014 10

Zero costs …

… for improved customer proposition

Inpay sell in to the merchants

Inpay brings another layer of AML/CTF compliance check

Inpay develops and manages its own technology

Inpay handles all customer and technical support


1124 October 2014

2014: 48 countries

Algeria

Argentina

Australia

Austria

Bahrain

Belgium

Bulgaria

Brazil

Chile

China

Colombia

Czech Republic

Denmark

Egypt

Estonia

Panama

Peru

Poland

Portugal

Qatar

Romania

Saudi Arabia

Slovakia

Slovenia

Sweden

Syria

Thailand

Tunisia

Turkey

UAE

Vietnam

Libya

Lithuania

Mexico

Morocco

Netherlands

Norway

Finland

Germany

Hungary

Iceland

Iraq

Ireland

Italy

Jordan

Kuwait

Latvia

Lebanon

1224 October 2014

• Building a global payment network since 2007.

• Accounts with financial institutions in 48 countries.

• Enables two-way flow of funds in real time.

• We can pay in or out in over 60 currencies.

• Boost online banking reach with 100% security.

13XIX International Conference of Clearing

Institutions in CEE, Sofia, Bulgaria 24 October 2014

Ms Britt Sondergaard

Chief Operating Officer

Telephone: +45 71 999 851

Email: [email protected]

Mr Soren Rose

Manager, Strategic Banking Alliances

Telephone: +45 25 947 610


Skype: sorenrose2

Mr Dame Damevski

Manager, Strategic Banking Alliances

Telephone: +45 25 947 611


Mr Henrik Rasmussen

Manager, Strategic Banking

Alliances

Telephone: +45 25 948 674


Skype: her.inpay

Online Banking ePayment - OBeP

The consumer is authenticated in real-time by the consumer bank’s online

banking infrastructure.

The availability of funds is validated in real-time by the consumer’s bank.

The consumer’s bank provides guarantee of payment to the merchant.

Payment is made as a credit transfer (push payment) from the

consumer’s financial institution to the merchant, as opposed to a debit

transfer (pull payment).

Payment is made directly from the consumer’s account rather than

through a third-party account.

How Inpay works


1624 October 2014

Business

Dame Damevski How inpay keep banks relevant in the e-commerce