Pay Now, Pay How? National Selection and the Alternative Debit Payment

Table of Contents

Introduction

• The Lexicon of a New Market

Key Traits

Payment System Stakeholders

• Consumers
  • The Online Effect
• Merchant
  • The Cost Factor
  • Interchange Rethought
  • Selection Criteria: Physical vs. Virtual
• Issuers
  • Financial Institutions
  • The Mobile Connection
    • Secure Vault Payment
    • Mazooma
    • Moneta
  • Decoupled Debit: Something for Everyone?
• The ACH Network

The Sleeper

• Noca
• And Then There' s Risk...
• The Wildcard

The Evolution Unfolding

• The Time' s They are a' Changin'

TABLE OF FIGURES

• Figure 1 Alternative Debit Payment Scheme Definitions
• Figure 2 Critical Success Factors in Payment System Adoption
• Figure 3 Payment System Stakeholders Success Attributes
• Figure 4 Comparisons of Personal Savings Rates to Consumer Payments
• Figure 5 Consumer Payment Preferences at POS
• Figure 6 Ratings of Consumer Payment Form Characteristics, 2006
• Figure 7 Internet Payments by Transaction Type, 2005-2010
• Figure 8 Alternative Debit Payment Product Merchant Cost Comparison
• Figure 9 U.S. Retail Sales Comparison, 2008
• Figure 10 Online Retail Sales as % Total Retail Sales, 2000-2008
• Figure 11 Alternative Payment Adoption Criteria, Physical vs. Virtual Merchant
• Figure 12 Consumer ACH Payments by Type, 2008
• Figure 13 Percentages of Adult Americans Who Have Bought a Product Online
• Figure 14 Online Bill Pay/Mobile Banking User Retention, Profitability, and Usage Indicators
• Figure 15 Evolutionary Timeline of NACHA, 1974-2005
• Figure 16 E-Check Transaction Volumes, 2002-2008
• Figure 17 Account Enrollment, Authorization, and Settlement Process
• Figure 18 Alternative Debit Payments, Delivery Channel Development
• Figure 19 Alternative Debit Payment Schemes, Attribute Selection Criteria