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    Your Phone Is Your Phone Is

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    Ye Phone
    This document provides an overview of Myanmar Mobile Money (MMM), the first mobile money platform service provider in Myanmar. MMM aims to expand financial access through mobile technology by partnering with local banks, agents, merchants, and telecom operators. The summary includes: 1) MMM provides mobile banking services that allow users to deposit and withdraw cash, send peer-to-peer payments, receive salaries, and access other financial services directly from their mobile phones. 2) MMM partners with local organizations to build out agent networks across Myanmar and integrate its platform with existing banking infrastructure to expand reach. 3) MMM's technology platform is designed to be interoperable across networks and customizable

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    © All Rights Reserved
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    Your Phone Is Your Phone Is

    Uploaded by

    Ye Phone
    59 views30 pages
    This document provides an overview of Myanmar Mobile Money (MMM), the first mobile money platform service provider in Myanmar. MMM aims to expand financial access through mobile technology by partnering with local banks, agents, merchants, and telecom operators. The summary includes: 1) MMM provides mobile banking services that allow users to deposit and withdraw cash, send peer-to-peer payments, receive salaries, and access other financial services directly from their mobile phones. 2) MMM partners with local organizations to build out agent networks across Myanmar and integrate its platform with existing banking infrastructure to expand reach. 3) MMM's technology platform is designed to be interoperable across networks and customizable

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    This document provides an overview of Myanmar Mobile Money (MMM), the first mobile money platform service provider in Myanmar. MMM aims to expand financial access through mobile technology by partnering with local banks, agents, merchants, and telecom operators. The summary includes: 1) MMM provides mobile banking services that allow users to deposit and withdraw cash, send peer-to-peer payments, receive salaries, and access other financial services directly from their mobile phones. 2) MMM partners with local organizations to build out agent networks across Myanmar and integrate its platform with existing banking infrastructure to expand reach. 3) MMM's technology platform is designed to be interoperable across networks and customizable

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    59 views30 pages

    Your Phone Is Your Phone Is

    Uploaded by

    Ye Phone
    This document provides an overview of Myanmar Mobile Money (MMM), the first mobile money platform service provider in Myanmar. MMM aims to expand financial access through mobile technology by partnering with local banks, agents, merchants, and telecom operators. The summary includes: 1) MMM provides mobile banking services that allow users to deposit and withdraw cash, send peer-to-peer payments, receive salaries, and access other financial services directly from their mobile phones. 2) MMM partners with local organizations to build out agent networks across Myanmar and integrate its platform with existing banking infrastructure to expand reach. 3) MMM's technology platform is designed to be interoperable across networks and customizable

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 30

    Your Phone is Your Bank

    Your Phone is Your Mobile


    Money

    Statement of Confidentiality

    The contents of this document and any annexures are confidential


    and are intended solely for addressee.
    The information may also be legally privileged.
    This document is sent in trust, for the sole purpose of delivery to
    the intended recipient.
    If you have received this document in error, any use, reproduction
    or dissemination of this document is strictly prohibited.
    If you are not the intended recipient, please immediately notify
    Myanmar
    Mobile
    Money
    by
    e-mail
    (planning
    @myanmarmobilemoney.com) anddelete this document and any
    annexures.

    Introduction

    Myanmar Mobile Money (MMM) is the


    First Mobile Money Platform Service
    Provider in The Union of Republic of
    Myanmar. MMM focused on providing
    solutions that empower the financial
    sector through the use of Mobile
    Technology.
    MMM is made up of an integrated team
    of specialists in the financial,
    commercial, mobile technology and
    mobile payment solution fields.
    The goal of MMM is to assist institutions
    in their quest to reach out to the bottom
    of the economic ladder in the aim to
    provide affordable, convenient and
    flexible financial services that meets the
    social need and economic requirements.
    By bringing more than 10 years
    experiences in the Mobile and Mobile
    Payment technology deployment, and by
    teaming up with Mobile Payment
    Technology leader, Oberthur

    Branchless should not mean UnBanked

    Due to economic considerations, banks


    are mostly concentrating their efforts on
    targeting the middle- to high income
    classes located in urban areas.

    As a consequence, the majority of the


    population, in particular those in rural
    areas, is being bypassed when it comes
    to even basic financial services.

    Financial inclusion of this emergent


    market segment represents the biggest
    challenge but also the largest growth
    opportunity to the formal financial sector.

    Our Model

    We strongly believe that the responsibility and power must be given to the people
    and the local institutions of a country to bring change to their own environment.
    This is why our model is based around developing strong partnership with local
    players (Local Banks, Agents, Merchants and Telecom operators) where our role is to
    deliver the right technology as well as the expertise to design, and deploy a working
    model that shall increase access to financial services by the Un-served population.

    Myanmar Mobile Money Demographic Information

    Why Work with us?


    10 Years experience in Banking and Mobile
    Technology
    Mobile carrier and Telephone independent
    Mobile Payment and Distribution Market
    Experience
    Limited upfront Investment
    Proven cutting Edge Technology

    Technology

    Myanmar Mobile Money bring one of


    the first and leading Mobile Payment
    technology to provide a platform that
    delivers the complete Mobile Payment
    features on the Market.
    The most versatile Mobile Money
    platform
    100% Mobile centric
    Network and Telecom agnostic
    Open architecture
    So simple to use
    The most feature complete on the
    market
    Adaptable and customizable by
    design
    Designed to evolve with the market

    MMM Platform
    MMM uses a unique architecture and is designed to function as a stand-alone mobile
    wallet solution and/or to function as a front-end to end transaction technology to be
    integrated with existing prepaid system or core banking back offices.

    MMM is a way of using a


    More Magic Mobile
    Money platform with
    user accounts managed
    by Back-Office: typically
    a mobile wallet solution.
    Users can make any of
    the existing transactions
    supported by MMM (e.g.
    person to person
    transactions, payments
    on merchant's POS
    terminals, etc.) using the
    account managed by the
    external Back-Office
    and/or using the stored
    value account managed
    by the MMM platform.

    MMM Platform closer Look with Standard Redundancy


    Architecture

    The primary
    1) Application Servers
    2) DB Servers with a RAC Node Bank
    elements of
    this architecture
    are:

    As can be seen from the architecture diagram all the elements are redundant and all
    connectivity between systems will be ensured to be redundant.
    Database redundancy is achieved by the use of Oracle 11g RAC configuration. This
    will help achieve the required 99.99% reliability expected from the system.

    Flow of Funds into Account

    Flow of Funds out Account

    A Breath of Services
    What makes Myanmar Mobile Money unique is the ability to provide
    not only the basic Mobile Money services such as Cash IN, Cash Out,
    Remittance; but a huge range of value added services that enable
    the Mobile Money user to take advantage of the same services
    provided by traditional banks and more. This way, we create a
    cashless environment where cash is no longer required for financial
    transactions.

    Mobile Payment Users


    P2P & Cash transfers
    Pay in stores

    C
    Custom
    er

    Pay Bills

    Load and withdraw funds

    Purchase Airtime
    Receive/Repay loans

    store

    Merchant

    A
    Agent

    salaries/pensions

    Pay on the web

    Accept mobile payments in

    Receive/Send

    Loyalty
    Promotions

    Accept mobile payments on


    the web
    Propose prepaid accounts to
    clients
    Enroll new Clients

    Cash-out (withdrawal) from Clients accou

    Manage Clients accounts

    Bill payment processing

    Cash-in (deposit) to

    Airtime top-up services

    Clients accounts

    Mobile Payment Terminal


    Terminals designed for developing markets.
    What can be a terminal?

    Client Use
    Feature phones: SMS and USSD

    Smart phones: Client app.

    Merchant & Agent Transactions

    Administrator/ Supervisor Functions


    Manage client KYC & account
    status
    Reset client pin code, etc.
    Manages classes of service,
    currencies, countries, and
    fees
    Merchant, Agent, and Super
    Agent Account creation and
    class of service
    Create and administration
    attribute to supervisor
    (admin only)
    Credit extension
    authorization
    Merchant and Agent payment

    (Cash In)

    (Cash Out)


    (P to P)

    (Salary Disbursment)

    (Self Top-Up)

    (Top-Up)

    Rural Development Bank


    Project
    Mega Agent

    Rural Development

    Rural Development

    Bank (NPT)

    Bank (YGN)

    Major
    Cities

    Myitkyin
    ar

    MM
    M

    Eastern
    District

    Magwe
    Taunggyi

    Townships

    Western
    District

    Sittwe
    Southern
    District

    Pathein
    Villages
    Myeik

    Northern
    District

    Myanmar Economic Bank


    MMM Account
    Project

    Opening in MEB

    Cash

    MEB Branches
    as
    Cash Points

    Point
    Myanmar Mobile
    Money

    Customer

    MEB Branch (2)

    Account (MMM-MEB00011)

    Services

    Cash In

    Cash Out

    Trust Account
    1000 lakhs


    Top-Up

    Salary
    Disbursement

    Mobile Pension

    MEB Branch
    (2)

    MMM Head Office

    Today Top Star Project


    List of Employee
    and Salary
    MM
    M

    Amount

    Today Top
    Star

    POS
    Terminal
    Customer
    Slip

    Agent /
    Merchant /
    MEB Bank
    Staff

    Myanmar Mobile Money


    Agent

    Confirm
    Command for
    Salary
    Disbursement by
    POS Terminal

    Salary Disbursement / Pension


    Receipt
    Date
    Account No.
    Name
    ID
    Mobile Phone
    No.
    Amount
    Sign

    Thank You

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