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March 2017
The Future of Payments Is Not
Better Payments
Dr. Soner CANKO
CEO - BKM
@SonerCanko
AGENDA
BKM
Featured Products & Services
The Future of Payments
Established
in
1990
BKM: COMMON PLATFORM OF TURKISH BANKS
10 shareholders
29members
Payment
services
provider to all
Turkish
Issuers &
Acquirers
1st non-bank (e-money)
member:
Turkpara
BKM’s FEATURED PRODUCTS AND SERVICES
THE FIRST
NATIONALDIGITAL WALLET
Developed with co-
operation of banks and
eCommerce companies
in Turkish market
TURKEY’S NATIONAL DIGITAL WALLET:BKM EXPRESS
Launched in
November
2012 e/m commerce
payments
P2P money
transferQR payments
1,3M+members
3,2M+ payments
50% penetration in the
market
21K+merchants
100+campaignssince launch
Source: BKM
99% penetration in
the market
17 banks
FAST GROWTH & MARKET ADOPTION
Airport fast
checkout
QR
Payment
Leading taxi ride
hailing app
In-App
1 Click Payment
24*7 delivery app
for urgent needs
In-App
1 Click Payment
Pay for gas
without leaving
your car
In-App
Pay with SMS OTP
Fast checkout at
supermarket ECR
In store-
SMS OTP
BKM Express is expanding its face to face payment network
FIELD TESTING NEW SOLUTIONS WITH PARTNERS
Integration with
social start-up
QR and
E-commerce
Donation and
customer services
Chat Bot
TÜRKİYE’NİN
ÖDEME YÖNTEMİ
Brand is launched, actions are outlined in the marketing plan
TROY
TURKEY’S
WAY OF PAYMENT
Current
Both magnetic stripe and
EMV/contact chip technology
are ready to issue as debit,
credit and prepaid cards
2017 Q2
Co-badge and
contactless cards will
be ready at 2017 Q2
2017 Q4
Mobile payments
studies are planned
to be executed in
2017
2017 Q2
With the R&D Lab, new
solutions will be
introduced to the Turkish
market fast
TROY HAS AMBITIOUS TARGETS AND WE ARE COMMITTED
A new ecosystem in Turkey is built after Troy
TROY
BKM INITIATED A PROOF-OF-CONCEPT PROJECT
USING BLOCKCHAIN IN 2017
Digital Identity
Distributed
LedgerCryptocurrency
Smart
Contracts
AGENDA
BKM
Featured Products & Services
The Future of Payments
14
CUSTOMER EXPERIENCE IS DRIVING
THE FUTURE OF PAYMENTS
By 2020 customer experience will ovetake price and product as the key brand
differentiator
The Future of Payments is Not Technically Better Payments But
BETTER CUSTOMER EXPERIENCES…
Deliver an excellentcustomer
experience
Reduce Payment Friction
CreateStrong
Ecosystems
Open toco-opetition
TRENDS THAT TAKES US CLOSER TO
FRICTIONLESS CUSTOMER EXPERIENCES
Instant Payments
Fintegration
Open APIs Internet of Things
17
THE FUTURE OF PAYMENTS
THROUGH CO-OPETITION &
STRONG ECOSYSTEMS with
THE HELP OF FINTECH
THANK YOU
Dr. Soner CANKO
CEO - BKM
@SonerCanko
19
Purpose: prepare an inventory of European digital wallets
•The data was collected in Q4 2016 and Q1 2017.
• 49 wallets have been captured
Next Steps
•European markets have been covered but it should be updated through Mobey
Forum webpage
•New Working Groups required for other markets
Mobey Forum Digital Wallet Working Group Is Completed
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