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MasterCard Mobile MoneySend Platform - PowerPoint PPT Presentation


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MasterCard Mobile MoneySend Platform. By Reem Aziz. What is MoneySend?. Fully-integrated P2P mobile payment platform Send + Receive funds via: SMS-text Mobile Browser Mobile applet. Why it Works. It’s fast It’s inexpensive It’s safe It’s social. How it Works. How it Works.

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Presentation Transcript
what is moneysend
What is MoneySend?
  • Fully-integrated P2P mobile payment platform
  • Send + Receive funds via:
    • SMS-text
    • Mobile Browser
    • Mobile applet
why it works
Why it Works
  • It’s fast
  • It’s inexpensive
  • It’s safe
  • It’s social
how it works1
How it Works
  • Senders initiate transfers via:
    • SMS, mobile web browser, downloadable MoneySend application
  • Sender approves request through PIN
how it works2
How it Works
  • Registered recipients:
    • Receive text message confirmation of transfer
  • Non-registered recipients:
    • Receive transfer pending notification
limitations
Limitations
  • Small fee by bank for sending
  • Both sender and receiver have to be registered with MoneySend
  • Only available in selected countries:
    • Asia/Pacific, Middle East, Africa
    • US
question
Question:
  • Would any of you feel comfortable sending money via an SMS-text message?
thank you
THANK YOU!
  • Name: Reem Aziz
  • Program: DEM
  • Year: 4th