KOMTEC: ICT INNOVATIONS FOR FINANCIAL SERVICES
INTRODUCTION• Komtec was launched in 2009.• Azerbaijan intends to turn ICT into prime economic
sector by 2020 with Azeri companies investing into IT projects not just locally, but also globally.
• Komtec is inspired by this vision.• The Company is operating with MilliÖn trademark
since February 2013. • Our vision is to render all types of e-payment and e-
finance services to merchants and customers with the cutting-edge technologies and integrated ICT platform.
• As a clear market leader, we provide universal payments services to all:– Cash or cashless– Any place any time– Any type of payment means or method– Online or offline
• Our services are– For customers: convenient, reliable, economic and quality– For merchants: economic, cheap, timely payments– For agents: additional income and employment– For economy: innovative payment methods– For government: support all smart card initiatives (utilities, transport)
What we do
Our payment platform - universality
Our partners
Key facts
The Company is growing at great speed:
YearsVolume increase
Payment network
Transactions, mln
Customers, ths
Market share
2011 700% 800 7.6 300 13%2012 280% 3,300 22.4 600 23%2013 220% 5,300 50.3 1,000 30%
2014F 200% 10,000 90 2,000 40%
Growth potential
Current volume
Potential turnover
Current share
Mobile 12 67 18% Utility 13-27 50-65 26-41% Banking 13 400 3% Government 0 50 0% Total monthly 38-52 567-582 7-9%
Yet opportunity to grow is ample:
What is happening in the world• The key trend on the world payment market is the ongoing
and accelerating merge of mobile handsets, banking and e-commerce
• There is a general consensus that by 2020, m-payments might overtake cash and credit– M for Mobile predicts m-payments to go to 0.5 trln by 2017
from 6 bln in 2012– M-payments accounted for 23% of e-commerce in the UK in
2012 (2011: 12%)• We would like to bring this trend to Azerbaijan with very
little time gap– E-commerce, m-payments, m and e-banking, apps, contactless
payments, mobile POS
• The technology trends will allow Komtec to become– Non-bank financial service organization that will offer
• Mobile and e-payments• M-lending, money transfer, card issuing• Processing and switching
– E-commerce platform (retail, travel, transport)– Payment services for government– ICT hub
• International gateway• Universal platform that combines all financial services in one
– Wallets• Manage all cash, cards, bank accounts and loyalty programs from
a mobile handset
Our aspirations
Universal Platform
• Payment systems law application• Privatization of competing government payment
systems• Tax exemption for cashless transactions• ICT fund support• E-government speed-up• Techno-park roll-out
Support we expect from government
• Payment market holds a promise of huge potential.
• Our company has the necessary know-how and infrastructure to take its share in this potential
• The Company has ambitions to roll-out international investments in countries with similar economies and promise
• Our Company is ready to present investment scenarios and plans to any potential investors interested in developing this business
Conclusion
THANK YOU!
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