DOCUMENT #:
GSC15-PLEN-77
FOR:
Information
SOURCE:
CCSA
AGENDA ITEM:
8
CONTACT(S):
Mr. Zhao Ping, zhaop@gsta.com
Telecom Finance
Zhao Ping
CCSA
China Telecom
Global Standards Collaboration (GSC)
GSC-15
Telecom Finance Definition
 Telecom Finance
─Is a common important infrastructure
functionalities including Identification networking,
E-money, payment, banking, exchange,
investment, even P2P finance etc. for
service/application entities or users in SP/NO
world. With mobile and fixed telecom
technologies, these features can be easily
accessed anytime, anywhere, by anyone and
could be supported in P2P mode.
Telecom Finance Functionalities
Framework
B2B
B2C
…
X-Wallet
Payment
Banking
P2P Finance
…
Exchang
e
Regulations
E-Money
Management
Identification
Network/Terminal
Financial
Entities/Facilities
Key Requirements of Telecom Finance
 Anytime, anywhere, can pay
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Online payment
Mobile payment
Fixed payment
Remote payment
Onsite payment
Anytime, anywhere, can do business
Anytime, anywhere, can finance
Anyone can be Alibaba/Taobao/eBay owner in SP/NO.
Telecom Finance activities will be implemented through telecom
activities, maybe a finance data session or a call.
 Security / Everything Identification
Strategic direction
 General Telecom Finance Framework.
 Identification networking for Telecom Finance.
 E-money, payment etc. in SP/NO to support B2B, B2C,
C2C.
 Widely provide financial service with telecom technologies.
 Interface between Telecom and finance side.
 Interoperability.
 Regulations and management.
Challenges
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Regulations of Telecom Finance
Security
Habit and culture impact
International interoperability
Co-operations among PSO, SDOs, Telecom and
Finance side.
Development of Telecom Finance
 Current standardizations and work
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The technology requirement for electronic payment of mobile terminal based on
short-range radio communication technology,Technology report, CCSA
Identity management and identification systems, HIS, GSC
Others.
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Micropayment / Small number payment--China Mobile
Online payment—Taobao/Alibaba
Mobile payment / Banking--KDDI / NTT
E-Money—NII
 Future steps and standardizations
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General telecom finance framework
Further study E-money, payment etc. in SP/NO, including P2P
Interface between telecom and finance
Telecom Finance study as Internet of Things.
Why Telecom Finance
 Perfect payment in SP/NO cyber-society.
 Easily, equally and widely to access financial service for
most population.
 Faster money flow, e-business promotion to boom global
economy.
 Better financial regulations through identification
networking.
 Enhanced features for both sides of telecom and finance.
 More green.
 Make our society better.
New HIS Proposal
 CCSA would like to propose Telecom
Finance as a new HIS in GSC.
Thank you!
zhaop@gsta.com
+86 20 3863986
Supplementary Slides
11
Telecom Value is Changing
 Traditional telecom value
• Anytime, anywhere, to communicate
 New telecom value
• Anytime, anywhere, to do everything in SP/NO
• Smart grid, E-health, ITS, USN, Railway communication, Reducation, entertainment, enterprise application, e-business such
as Alibaba/Taobao/eBay etc.
 Major factors are needed to do everything
• Information flow - Information
• money flow - Finance
• Goods flow - Logistics
Telecom and Finance need each other in
SP/NO

In SP/NO world, Strong link between Telecom & Finance, which is Telecom
Finance.
Future Telecom Business Transformations
Service Provider (SP) - 10000 +
Video/Audio, IPTV, OnlineGame, eCommerce,
Searching, BestTone, IM, VAS, CP etc.
Tier 3 Operators
4G/3G, NGN/IMS, internet, PSTN,
Wimax, ICT, BroadBand etc.
Tier 2 Operators
Fiber, Copper, Duct,
Physical media, etc.
Infrastructure Network Operator (NO) -10+
Tier 1 Operators
Telecom Finance Study
 Telecom Finance Framework
• Technology
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Infrastructure for SP/NO
Identification Network in NGN
Interface between Telecom Operators and Banks.
Security
• Management
 Rules
 Regulation
 Enforcement.
 Cooperation
About Security
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General Basic Security
Identification--Identification should be everything for security
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Physical identification
 Physical port/card
 Physical connection
 Physical Location/address
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Network Identification
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Network address
Connection/route
Terminal
Signaling
Service/Application Identification
 Service/Application
 Process
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Business/User Identification
 Individual / enterprise / SP
 SP/NO interface
•
Finance Identification
Implementation of Telecom Finance
 ID card, credit card embedded in phone/terminal can
communicate anytime, anywhere.
 E-Money will replace traditional money step by step.
 P2P finance will be supported together with traditional
finance.
 Implement a integrated infrastructure for B2B, B2C and
C2C business in our SP/NO cyber-society.
Summaries
 Telecom operation requires more financing
functions. Telecom operators and banks will
impact each other.
 Telecom Finance needs a IDENTIFICATION
network technology.
 Telecom Finance, also Internet of Things.
 Telecom Finance, a new important infrastructure
to boom economy.
 Standardization of Telecom Finance.
Telecom Finance, Better Society.
Definitions
 E-Money
• refers to money which is only exchanged electronically.
 P2P finance
• refers to person to person lending without the
intervention of banks.
Fora
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OMA
MeT
Mobile Payments Forum
Mobey Forum
PayCircle
Irda
Raddichio
Liberty alliance
Parlay/OSA
GSMA