Masterpass: Bill Payments July 18, 2017 Consumer Centric capabilities for safe, secure & convenient payments 1

November 27, 2018 Objective July 12, 2018

The Bill Aggregators are: Bill Pay Progress Mastercard has partnered with 3 Bill Pay Aggregators in South Africa to drive card usage through the Masterpass platform. The Bill Aggregators are: Interfile Payat EasyPay Implementations across all bill aggregators may vary, due to the fact that Masterpass in an omni-channel solution. Masterpass channels include: QR on bill Web In-App In-Store Masterpass also offers a direct integration capability for any municipality, biller, merchant etc. July 12, 2018

Bill Payment Initiatives November 27, 2018 Bill Payment Initiatives Masterpass provides a capability for consumers to pay their municipal bills remotely. Masterpass have over 700 billers, of which two are municipalities: City of Ekurhuleni Umhlatuze Municipality

So why Masterpass?

South African Population – Carded 54 million people live in South Africa. 87% are banked Debit Card Customers 65.7 million debit cards in the market – 1.4 per customer Credit Card Customers 11.7 million people have a credit card facility eCommerce merchants have access to 11.7 million customers only With Masterpass, eCommerce merchants will now have access to all 46 million banked customers (debit & credit)

Where are we? Consumers Merchants Value Added Services Usage 950K App Wallets 5 Million USSD Wallets 65% Debit Cards App Wallets across 4 banks 130K Merchants Verticals include: Online Bill Pay Face-to-Face USSD 35 Integrators Gamification Increased footprint by 185% Increased usage by 63% 501% transaction growth on App from 2015 to 2017 6% user growth 11% merchant growth

How does it work? First time users only Paying bills Go to the Apple or Android app store on your smartphone. You can download any SA bank's Masterpass wallet app even if you don't bank with them. Activate your wallet by capturing the OTP sent to your mobile device via SMS. Load your Mastercard®, Maestro or Visa Credit, Cheque and Debit Cards. Paying bills To pay your bill, open the wallet app on your smartphone and scan the QR code on the bill/statement. Enter the total amount owing, and the reference if required. Select your payment card and enter either your card PIN or an OTP, and the last 3 digits on the back of your card. Receive confirmation of a successful purchase.

How can we work with you?