Business Plan Template for an Interoperable Mobile Payment Switching Platform

Description

Introducing the Interoperable Mobile Payment Switching Platform Business Plan Template, a comprehensive and meticulously crafted resource to guide your venture into the dynamic world of mobile payments. This business plan template is designed to help you outline your strategy, establish key partnerships, and lay the foundation for a successful mobile payment-switching platform.

Table of Contents:

1. Executive Summary:
– Role and objectives
– Benefits
– Neutral and co-operative approach
– Project implementation
– Acquiring services
– Procurement
– Revenue drivers
– Costs
– Total capitalization
– Principal assumptions and key financial indicators
– Implementation plan
– Pre-implementation dependencies
– Recommendation
– Vision
– Mission
– Goals
– Tactics
– The industry neutrality
– The compliance
– The interoperability

2. Customers:
– Customer value drivers for financial institutions
– Cost reduction in core business
– Extending the geographical footprint of the business
– Provision of more cost-effective services to customers
– Broadening banking services
– Further industry efficiency extension
– Customer value drivers for Merchants
– Offer convenience to customers
– Increased sales volumes
– Improved cash flow
– Risk management
– New product offering to customers

3. Operating Model:
– The proposed role of the Interoperable Payment Switch
– Product strategy
– Target Market and segmentation
– Banks – addressable and target market
– MNOs – addressable and target market
– MFIs – addressable and target market
– Merchants – Addressable and target market
– Wallets – addressable and target market
– Marketing strategy
– Branding
– Sales, Distribution, and Service
– Sales Channels
– Distribution
– Service
– Technologies
– Switch Technology
– POS technology
– Mobile Switch Technology
– Revenue drivers
– ATM Switching
– PoS Acquiring
– PoS terminal rentals
– International card acquiring
– Expenditure drivers
– VISA charges
– Marketing
– Customer support
– Staff
– Product development
– Asset base

4. Benefits to [Country of Operation]:
– Benefits to [Country of Operation] consumers and merchants
– Benefits to the [Country of Operation] Financial institutions
– Operational benefits
– Strategic benefits
– Financial benefits to the shareholders
– Principal assumptions in the model
– Merchant take-up curves
– Financial Summary
– Financial model
– Key Assumptions and sensitivity analysis

5. Implementation Plan:
– Structure of the business
– Selection of the startup shareholder banks
– Project plan / timing

6. Recommendation

7. Annexure A:
– Income Statement
– Balance sheet
– Cash flow statement

This template provides a structured framework for mapping out your mobile payment switching platform’s strategic direction, financial projections, and operational roadmap. Craft a business plan that sets you on a path to success in the evolving world of mobile payments.