Working with the best in the industry to present the latest thinking by firms and suppliers about how mobile payments and mobile wallet services now make sense for retailer mobile commerce
efforts in a broad sense.

Spring 2013 Mobile Payments Conference

Sponsored by Mobile Marketing & Technology, a leading online news outlet covering the dynamic developments in mobile payments and mobile marketing today, the Spring Mobile Payments Conference will bring together more than 150 executives, most of them vice presidents and above including many from the C-Suite to learn about the latest developments in the mobile marketing, mobile wallet and mobile payments ecosystem.

This is the fifth conference we have held on the subject over the last two years.

SPEAKER PRESENTATION

Tom Meredith, P2P Cash
Goodbye Western Union: How Global Mobile Standards Reduce the Cost to Send Money to ZERO
Wednesday, April 10
9:00am - 9:20am

As mobile wallets proliferate globally, become easier to send money to a mobile wallet. Major global banks and processors are endorsing emerging Mobile Payment Standards that will drive the cost of sending cash to close to zero. It becomes a loss leader for the banks to encourage customers to send money to their mobile wallets versus the competition. This does not bode well for the existing players currently dominating the cash transfer market, unless they match this new pricing paradigm of ZERO cost.

P2P Cash is a global mobile payment exchange allowing ANY mobile wallet to affordably exchange money. P2P Cash significantly lowers the cost of money transfer (50% of Western Union) through the use of these new global standards. These standards notably benefit the immigrant who sends money home, a $400 Billion industry worldwide.

P2P Cash is setting this global mobile standard by enhancing SWIFT, the global standard for wire transfers, to implement mobile clearing standards with the world’s largest banks and mobile wallet companies.

Standardization both lowers the cost of remittance and increases the convenience of sending/receiving cash with direct withdraw/disbursement into mobile wallets. The OASIS Group is facilitating the development of this global mobile Standard. OASIS has a long term successful track record in establishing industry wide standards. Their efforts led to the XML standard the software industry uses today.

Tom Meredith has decades of computer, financial services and telecommunications experience. He started his computer career with Digital Equipment Corporation, then became part of the first Apple clone manufacturer, Franklin Computers, managing 11 Western states and over 1,000 retailers. He was the Federal Systems Director for Lisp Machine, a leading artificial intelligence company.