Obopay Confidential1 International Forum on Remittances Christopher Martin Vice President and Treasurer

Obopay Confidential2 About Obopay Leading mobile payment service in the US Consumer service – direct and channel marketing –Service works on US Mobile Networks –Person-to-person service, expanding quickly World-class leadership team – mobile, banking, payments, technology Founded March 2005, Headquarters in Redwood City CA Soon to launch a service in India

Obopay Confidential3 Obopay – You’ve Got Money ● Send and Receive Money instantly - Mobile money transfers: ○ Send money home ○ Receive money from friends, relatives, businesses, government ○ Domestic today and international soon ○ Pay by Mobile – replace less convenient cash and checks. Faster collections ○ Pay local shopkeeper, taxi, bills ○ Buy tickets, minutes, goods and services ○ Businesses and governments can collect quickly and efficiently

Obopay Confidential4 Leveraging the ubiquity of mobile phones - Obopay is Carrier and Bank agnostic Mobile Application Mobile Browser SMS

Our Target Segments Family Plans (Family & Friends) Merchants (Mobile, Web and Retail) Bill Pay (Professionals and Youth) Domestic & Int’l Remittance (Professionals and Foreign-born) “With Obopay I can send my Kids’ allowance from my phone while waiting for my flight” (Busy Dad) “I receive a notification and pay my bills while watching a football game with friends” (Youth) “From my phone, I can send money home to my family” (Foreign-born) “While on the go, I can make purchases either from the phone or with my card” (Professional)

Our Partnership Approach Obopay DirectCiti Obopay

Obopay Confidential7 Sending Remittances with Obopay You sign up with Obopay and set your remittance targets You can now send remittances anytime, anywhere right from your phone or from the Obopay website. You select Remittance and the person from your list that you want to send money to You then enter the amount and your PIN and confirm your payment The that you sent the money to receives a notification of the payment with instructions on where to pick up the money. Send Money Remittance Balance Get Money Balance Amount $ PIN Remittance Minal Sunny Aditya Confirm Payment Send $120 to Mom Send OK Receipt Remittance to Mom for $120 was sent on 6/12/2007 Trans ID: OK ****

Obopay Confidential8 Leverage 65K Obopay Cashload locations in the US for collecting funds for Remittance Load networks supported include: Walmart, Wallgreens, RiteAid, CVS, RadioShack, Eckerd, Valero, Kangaroo Wells Fargo, Wachovia, US Bank, Bank One Ace Check Cashing Send Money Remittance Balance Get Money Balance Cash Load Location Leverage

Obopay Confidential9 Open to Partnerships Sending Agent Money transfer Operator Country A Money transfer Operator Country B Dispersing Agent ReceiverSender Debiting BanksCrediting Banks

Obopay Confidential10Obopay Confidential10 Obopay – US Leader of mobile person-to-person ● Leader in the US, India underway, significant opportunity globally ● Proven service ● Tier I partnerships ● Willing to Partner to provide mobile remittances globally ● Mobilizing existing players to provide reach to all mobile phone subscribers in the US. ● Key Differentiators ● Strong mobile reach, cross bank platform, remittances from US, track record of working with Tier I banks and carriers.