MeaWallet Company V3.11

MeaWallet

Experts in cloud based mobile solutions

Lars SandtorvFounder & CEO

+47 909 55 111

[email protected]

Mobile Payments Mobile Access Mobile Wallet

Be a part of the future of

payments – enable contactless

and remote payments in your

existing app

Reduce your cost and improve

your efficiency – all your office

cards in one app with cloud

based access cards

An all-in-one white label

wallet solution, including

app and backend

End-to-end

mobile wallet

services and

mobile solutions

Center of excellence

Expertise and in-depth

knowledge about mobile

solutions, wallet and cloud

based security

Adopt contactless

payment with your app

The future of payments in your app:

HCE, tokenization and cloud-based

payments

MeaWallet business ideaBe the preferred technology provider in cloud based mobile solutions

• MeaWallet is a leading technology provider of end-to-end

mobile wallet services and mobile solutions, enabling secure

contactless and remote mobile services to banks, access

control providers, mobile network operators and retailers.

• Using the MeaWallet’s Mobile Services Platform and Mobile

Business Components for payments, any application or

mobile wallet can be enabled to perform contactless payments

in-store as well as remote payments for m- and e-commerce.

• The cloud-based payments service includes support for

tokenization and HCE based on the global standards from

EMVCo and obtained licences from MasterCard and Visa.

MeaWallet - The companyExperts in cloud based mobile solutions

• Established in 2012

• Strong management team

• 24 employees + external team in India

• Experienced team with a track-record from the

financial and the wireless industry, both from large

corporations like IBM and Ericsson as well several

VC-backed start-ups

• Professional investors

• External team in Bangalore

• 50.000 hours of development represent a large

investment in new technology”…the fundamental investment in a service-oriented

architecture coupled with a cloud-based service

delivery model has enabled the company to capitalize

on emerging market opportunities...”

The MeaWallet management team

Ove Teigen, (VP Sales) has been working in sales, both

locally and internationally, in the IT industry for more than 20

years. He has experience from companies like Bull (Steria),

BEA Systems (Oracle), IBM and CA Technologies.

Steinar Svalesen, (COO) has more than 20 years experience from

mobile-/digital business with a focus on business development and

investments in start-ups and growth companies. He has built,

managed and sold companies in Norway and USA. He is also a

board member of several technology companies.

Lars Sandtorv, (CEO & member of board) has been in the IT-

industry for more than 20 years and done several start-up’s. He

has been working direct or indirect with Wifi, RFID and NFC

technology for more than 10 years. He has also 5 years

experience from international business development in IBM.

Annely Aljas, (Member of the Board) has spent 6 years working for

the British Embassy in Tallinn, with a focus on start-up investments

in the UK and Baltic States, with specific focus on born-global

technology startups and their financiers. She previously worked for

the Estonian Police Board, including FBI support.

John Longhurst, (Executive Chairman) has been an investment

analyst and fund manager with global leaders such as Capital

Group of Los Angeles and PIMCO. For 28 years he invested in

global interactive media, industrial, and defence/aerospace

industries, as well as broader geopolitical areas. He has invested

in and led start ups for over a decade.

The management team has extensive experience from the bank-, IT- and security ecosystem, as well as the mobile wallet

ecosystem after working for leading companies such as IBM, Elavon, Europay, Luup Solutions, Telenor and Ericsson

Geir Norlund, (CIO & member of board) has a long career within

IT, financial services and mobile solutions. He has had leading roles

in companies like Europay, Elavon, Luup Solutions and IBM,

working with local and international customers worldwide.

Morten Mansrud, (VP Business Development) has more than

twenty years’ experience from the IT-industry and financial

services from the Nordics and globally. He has held senior

positions in companies such as Tieto, Evry and IBM in sales

and business development and has a strong track record from

card payment, mobility and banking solutions.

Māris Čakste, (Country Manager Latvia) has worked for Tieto in

the payment cards area as a sales manager in Europe. Prior to that

Māris has gained knowledge of the IT industry in German IT

solutions company servicing the E-commerce industry. Māris holds

a Master of Science degree in International Management at

Flensburg University, Germany.

In October 2013, Google launched

Android 4.4 (KitKat), introducing

Host Card Emulation, which enables

secure and virtual payment

authentication, using the OS and

NFC.

This has made the SIM-based

Secure Element obsolete for

Android mobile phones, opening up

the mobile payment ecosystem for

new players.

First generation mobile wallet-/payment solutions are designed with the Secure Element in a physical SIM-card. The Secure Element provides

necessary transaction security for mobile payments and is an essential component of the mobile payment ecosystem. SIM-cards are controlled

by mobile telecom operators in each local-/regional market, putting these companies at a privileged strategic position in the mobile wallet-

/payment ecosystem.

Retail banks world wide need to

strengthen their strategic position

relative to new entrants. New

solutions for mobile payment- and

wallet are key elements in retail

banks’ digital transformation.

MeaWallet is positioned as a neutral

and global provider of payment- and

wallet services to retail banks, using

a virtual Secure Element in the cloud.

Reduced barriers to entry, new

entrants and changing industry

dynamics puts increasing pressure on

retail banks to become digital.

Significant new entrants include

retailers (Tesco and Komplett), media

companies (Schibsted), commercial

airlines (Norwegian), infrastructure

providers (PayPal) and digital

ecosystems (Google, Facebook and

Amazon.com)

Key technology driver Business opportunity Key market driver

The mobile payment market drivers

The mobile payments marketForecast - 1,5 billion active “Mobile Wallets” in 2017

Source: NFC Forum

”…as the number of wallets continue to grow, we believe our strategic position supplying these wallets

and apps with advanced modular payment functionality through our Mobile Business Components is

a robust strategy enabling us to implement the ever evolving new global payment standards…”

The payments industry is being transformed by new

standards and technologyFundamental changes world wideUSA introduce EMV (Chip & PIN) 2015

• All US bank cards will be replaced with chip & PIN

• New payment terminals will support NFC

• 8.000% increased sales of NFC terminals in Q3-14

Apple - iPhone 6 with NFC & Apple Pay

• The NFC ecosystem is now expected to grow much faster

• All smartphones manufacturers support NFC

Changes in EMV standards

• Tokenization (cloud) approved – The TSM is less important

• Mobile operators are disrupted – no need for SIM cards

• Interchange fees have been reduced from 1,5% to 0,3%

+500 million smart phones with NFC in the market today

• Mainly Android smartphones

• New low-end (EUR 50) smart phones with NFC

Payment

Market positionThe mobile wallet and mobile payment market

Leading edge

technology solutions

for mobile

wallet and

cloud based

payments

Mobile payments - what the analysts sayThe market starts now - reaching tipping point in 2015

MeaWallet is ready and certified to serve the market now!

Finextra, 13 January 2015

NRK, 2 January 2015

Forbes, 2 January 2015

Why Is The Starbucks Mobile

Payments App So Successful?

Starbucks is a clear leader in mobile

payments and we are encouraged by

how consumers have embraced

mobile apps as a way to pay.”-

Howard Schultz.

Mobile PaymentsUser experience in a Mobile Bank App

On-boarding of new virtual card ready for mobile payment

Mobile PaymentsUser experience in a Mobile Bank App

Mobile payment transaction

Balance and transaction

overview

Tap to pay… Payment successful

Complete Mobile Wallet framework – White labelTurnkey Mobile wallet with 6 verticals – hosted as a service

Turn key Mobile Wallet solution

Ready for 6 verticals, including payment

Support NFC, HCE, QR, more

Offer all your customers a Mobile Wallet

White Label Mobile Wallet

- Brand your own Mobile Wallet

- HCE-enabling, using tokenization security

- Support of open and closed loop payment card schemes

- Supports EMV Cloud based payment standard

- Flexible integration layer through ESB/SOA

- Payment, Loyalty, Coupons, ID, Tickets, more..

- PCI Certified

- Reduce total cost by 60-80%

Delivery models

• Managed services

• Customer/externally installed and operated datacenter

• Customer/externally installed solution with

MeaWallet remote operations

Be a part of the future of mobile paymentsEnable contactless and remote payments in your existing bank app

Cloud based mobile payment

- Adopt contactless NFC mobile payments in any app

- HCE-enabling your app, using tokenization security


- Supports EMVCo cloud based payment standard


- PCI Certified

Delivery models





Reduced time-to-market by 60%

Reduced cost with cloud based solution

No need for SIM or embedded secure elements

Go mobile with your credit or debit cards!

Cloud based payments for retail / card issuerEnable contactless payments in your existing retailer app

Cloud based mobile payment

- Adopt contactless NFC mobile payments in any retailer app

- HCE-enabling your app, using tokenization security

- No need for SIM or embedded secure elements


- Supports EMV Cloud based payment standard


- PCI Certified

Delivery models





Go mobile with your credit or debit cards!

Reduced time-to-market by 60%

Reduced cost with cloud based solution

No need for SIM or embedded secure elements

Cloud based Mobile AccessReduce cost and improve efficiency

Cloud based access

- Contactless NFC / BLE mobile access

- Cloud SE-enabling your app, using tokenization security

- FG standard++


- Your access card instantly available in the one device you

always bring

Delivery models





Your access card instantly available in the one device you always bring

Reduced time-to-market

Reduced cost with cloud based security

Embedded secure elements

MeaWallet Mobile Business Components and ServicesEnable secure contactless services in your existing app

Value proposition

- The MBC work as a layer of components between device

OS API’s and the mobile application.

- MBC is connected to MeaWallet Mobile Service Platform

for handling of mobile card services.

- Any card can be provisioned, distributed and activated

using the MeaWallet Mobile Service Platform.

- Complex features provided as easily integrated APIs and

SDKs

Delivery models


• Customer/externally installed and operated

datacenter



Mobile business components

Reduced time-to-market

Reduced integration cost

R&D Mobile expertise and know how

Contact us todayIf you want to be a part of the mobile wallet platform

or add cloud based payment

Don’t hesitate to ask us about our

products and services

Email [email protected]

Call +47 920 37 333

MeaWallet Company V3.11

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