2. AT THE BACKEND CHALLENGES FOR SERVICE PROVIDERS
Scale
Efficiencies
Cost
Efficiencies
Speed
Efficiencies
Security
CUSTOMER NEEDS WHILE MAKING A MONEY TRANSFERAny
Amount
Any
Place
Any Time
Affordable
Instant
Transfers
3. Priorities for Consumers While Making a Money Transfer Any
Amoun
t
Any
Place
Any
Time
Affordability
Instant
Transfers
… AT THE BACKEND THIS TRANSLATES INTO
Scale
Efficiencies
Cost
Efficiencies
Speed
Efficiencies
Security &
Reliability
5. Payment networks function as monetary islands
Fragmentation restricts digitisation at scale
AND FUNCTION AS MONETARY ISLANDS
Fragmentation prevents RSPs from achieving scale economies, escalating costs
6. INTEROPERABILITY IS EXPENSIVE
--- Rely on bilateral partnerships to expand reach
Commercial
• Time to market
• OPENX intensive – Set-up costs / Higher liquidity
requirements
Regulatory
• Licensing / Bank Accounts / AML & Compliance
Technical
• Proprietary deployments
• Lack of standards
• Varying levels of digital adoption and maturity
Net Result – Partnership restricted to select corridors & partners
8. MOBILE IS THE BIGGEST OPPORTUNITY INFRASTRUCTURE
MIDDLE EAST & NORTH AFRICA
35.8 million Registered Accounts
1.9 million Active Accounts
LATIN AMERICA & CARIBBEAN
17.3 million Registered Accounts
8.2 million Active Accounts
SOUTH ASIA
101.9 million Registered Accounts
27.2 million Active Accounts
EAST ASIA AND PACIFIC
26 million Registered Accounts
3.5 million Active Accounts
SUB-SAHARAN AFRICA
229 million Registered Accounts
84.1 million Active Accounts
EUROPE & CENTRAL ASIA
1.7 million Registered Accounts
0.2 million Active Accounts
271live mMoney
deployments
411million registered
mMoney accounts 52% increase in
IMT traffic 3.2 million access
points
68.3%
10.8%
6.7%
Share of International Transfer Market
94
6
Cash Digital
10. WHAT IS TERRAPAY?
OPEN CROSS-BORDER PAYMENT NETWORK GUARANTEEING
:
GLOBAL SCALE
INSTANT TRANSFERS USING MOBILE NUMBER AS VPA
LOWER COSTS
STRENGTHENED COMPLIANCE
11. RAPID GLOBAL SCALING
One single correspondent providing access to multiple countries
Current Model TerraPay Model
RSPs can achieve global scale through a single connection to TerraPay
12. TerraPAY OPEN PAYMENT NETWORK
Standardized messaging
formats SWIFT/
ISO20022/GSMA
Uniform payment interface --
mobile number as a proxy for
any payment instrument
Instant payment transfers – any service provider, any payment instrument, any customer
Financial
Institutions
Mobile Wallet
Providers
MTOs
13. CAPITAL LIGHT MODEL FOR SERVICE EXPANSION
Efficiency gains in terms of scale, lower costs and risks
Licensing
Forex
Conversion
Regulatory
Compliance
Risk &
Fraud
Screening
Clearing
&
Settlement
TerraPay performs the bulk of the heavy-lifting
Single API
for
Integration
Licensing
Regulatory
Compliance
Forex
Conversion
Risk &
Fraud
Screening
Clearing
&
Settlement
Fraud &
transaction
Reporting
14. TRUSTED TRANSACTION ENVIRONMENT
Single API
for
Integration
Licensing
Forex
Conversio
n
Regulatory
Compliance
Risk &
Fraud
Screening
Clearing
&
Settlement
Fraud &
Transaction
Reporting
• Compliant with AML/KYC regulations
• Sophisticated risk screening algorithms
• Payer and payee authentication
• PCIDSS compliant
• Regulated by FCA UK
15. The INNOVATIVE Edge
• Easy to access
• Simple to Use
• Instant payment
• 24x7
• Secure
For Customers
For Partners
• Payment interoperability
• Support for any carrier,
any device
• Scalable, resilient and
secure Platform
• Brand customer control
• Regulatory compliance
• Risk control
• Fast to market
• Integration flexibility
• Easy to deploy
16. One network for cross-border transactions
Customers can Send Money to Any Mobile
Secure and managed cross-border payment services model
Global reach via a single technical and commercial arrangement
KEY TAKEAWAYS
