Mobile TeleSystems OJSC

Biometric Payments

SWiP offers a facial recognition-based POS terminal and app for users to authenticate in-store and remote payments. Users must download the SWiP app, link their payment cards, and add their facial recognition data through a selfie (which the company terms the “SelfieToPay profile”). Once the account is created users can make payments through facial recognition via SWiP terminals at retail stores. SWiP offers a range of in-store payment methods using facial recognition, including cashier checkout terminals, self-checkout terminals, and vending machines. In addition, it also supports payments through QR codes as well as pre-order and remote payments.Notably, the terminals comprise liveness technology from VisionLabs, a facial and object recognition technology provider to offer anti-spoofing and determining if the person is real. In addition to authenticating payments, the platform offers value-added services to users such as discounts and cashback, loyalty points, and helping users manage their savings, among others. For merchants, SWiP offers automatic age verification, loyalty program-related solutions, and CRM offerings such as order management systems and marketing mechanics.The platform has been piloted in restaurants and healthcare facilities in Russia, through partnerships the company entered in 2020. It partnered with Raiffeisenbank Russia in May 2020, to let users pay at five locations of the #FARW burger chain using a Raiffeisenbank card. SWiP noted that the pilot had 4.2% adoption for SelfieToPay by Raiffeisenbank customers, higher than its target 3% adoption. Moreover, the company raised USD 1 million in seed funding in December 2020, led by Mobile TeleSystems OJSC (MTS).

SWiP is designed FOR small business owners and small business managers who are working to retain their current customer base Those who WANT/ NEED to improve product quality, invest in increasing revenue of the point of sale SWiP is an easy-to-use tool for winning back and retaining customers with automatic activity boost, which saves and increases revenue We help to retain and win back over 65% of customers for only a 10% discount on the check UNLIKE most of the industry, SWiP uses artificial intelligence to make decisions on launching campaigns for customer retention and win-back and combines payment and guest loyalty points calculation into a single transaction, creating the ultimate convenience in payment.

OZON is a leading e-commerce platform and one of the largest and fast-growing internet companies in Russia. Its online marketplace offers one of the largest product selections in Russian e-commerce, with more than 130 million products across 20+ categories. Thanks to Ozon’s extensive fulfillment and delivery network, more than 50% of the Russian population is covered by Ozon delivery or has a pick-up point within walking distance. The Ozon marketplace connects more than 150,000 sellers and more than 31 million customers in Russia. Marketplace sellers account for more than ¾ of turnover on Ozon by Gross Merchandise Value (GMV). The Ozon Global service supports international sellers in launching their sales in Russia (Ozon currently has more than 12,000 international sellers on its platform) and offers a variety of tools to help them grow their business. In addition to its core e-commerce business, Ozon is continuously expanding its services ecosystem, which includes fintech services through Ozon Bank, the Ozon Fresh express delivery service, and online travel and ticket booking through Ozon Travel. Ozon’s cutting-edge technology is developed by an in-house tech lab that employs nearly 4,000 IT specialists. Overall, the company employs approximately 35,000 people in its offices and logistics hubs across Russia. Ozon was ranked as the 3rd most valuable Russian internet company by Forbes Russia in 2021. In 2020, Ozon raised $1.27 billion in its IPO on the NASDAQ, which was described by Bloomberg News as the “best Russia IPO debut since 2011.”

Mobile TeleSystems OJSC (''MTS'') is the leading telecommunications group in Russia and the CIS, offering mobile and fixed voice, broadband, pay TV as well as content and entertainment services in one of the world's fastest growing regions. Including its subsidiaries, as of June 30, 2014, the Group serviced over 100 million mobile subscribers in Russia, Ukraine, Armenia, Turkmenistan and Belarus, a region that boasts a total population of more than 200 million. The Group’s fixed business, as of June 30, 2014, had a total of 12.390 million households passed and 7.294 million residential subscribers.

MTS Corporate VC

Companies that offer biometric POS terminals, including the complementing software that uses palm print, fingerprint, or finger veins for payment authentication.

Companies providing biometric POS terminals, including the complementing software that uses facial or iris recognition for payment authentication.

Companies that offer biometric authentication software which can be embedded into smart devices or existing POS terminals, for payment authentication.

Companies that provide software platforms to authenticate remote transactions using biometrics, typically leveraging the biometric authentication provided in mobile devices such as smartphones and tablets.

Companies that provide technology to enable fingerprint authentication on payment cards, such as fingerprint sensors, biometric algorithms, and card inlays.

Companies manufacturing biometric payment cards for issuers.

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