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MasterCard Mobile MoneySend Platform

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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MasterCard Mobile MoneySend Platform

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  1. MasterCard Mobile MoneySend Platform By Reem Aziz

  2. What is MoneySend? • Fully-integrated P2P mobile payment platform • Send + Receive funds via: • SMS-text • Mobile Browser • Mobile applet

  3. Why it Works • It’s fast • It’s inexpensive • It’s safe • It’s social

  4. How it Works

  5. How it Works • Senders initiate transfers via: • SMS, mobile web browser, downloadable MoneySend application • Sender approves request through PIN

  6. How it Works • Registered recipients: • Receive text message confirmation of transfer • Non-registered recipients: • Receive transfer pending notification

  7. Requirements

  8. Benefits

  9. 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

  10. What if I lose my phone or its stolen?

  11. Uses

  12. Question: • Would any of you feel comfortable sending money via an SMS-text message?

  13. THANK YOU! • Name: Reem Aziz • Program: DEM • Year: 4th

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