Middle East & Africa Regional Overview Mark O’Flynn

2 Population 310,000,000 6 VeriFone Partners I.T.S - Saudi, Kuwait, Lebanon MARSHAL - UAE, Oman (Bishara), Qatar, Bahrain S.E.E - Egypt EASTNETS – Jordan, Yemen AGATHON - Libya VOREX - Algeria

3 Acquiring Banks UAE Emirates Bank / Network International Abu Dhabi Commercial Bank Mashreq Bank National Bank of Abu Dhabi EGYPT Banque Misr National Bank of Egypt Arab African International Bank Mediterranean Smart Card Centre SAUDI ARABIA Arab National Bank Al Rajhi Saudi American Bank Saudi British Bank Riyadh Bank Saudi Holandi Bank KUWAIT KNET Nat. Bank of Kuwait Bank of Kuwait & the Middle East Kuwait Finance House BAHRAIN Credimax National Bank of Bahrain Bank of Bahrain & Kuwait QATAR Commercial Bank of Qatar OMAN Bank Muscat National Bank of Oman Oman International Bank YEMEN Commerce & Agricultural Bank International Bank of Yemen JORDAN Ring Jordan Petroleum Emarat Shell British Petroleum Epco Enoc Oman Oil Al Maha Middle East – VeriFone is nr.1 choice

4 Population 950,000,000 7 VeriFone Partners C.S.C – South Africa Prism – South Africa T.P.S – Eastern Africa IT Experts – Southern Africa InterSwitch - Nigeria Itex - Nigeria CoralPay - Nigeria Byte Tech & Ferlo – Senegal, Cameroon, etc

5 Africa – VeriFone is nr.1 choice Acquiring Banks SOUTH AFRICA Standard Bank & Stanbic First National Bank Capitec KENYA Kenya Commercial Bank Southern Credit Bank MAURITIUS Mauritius Commercial Bank ZIMBABWE Central African Building Society Kingdom Bank NIGERIA United Bank of Africa Access Bank Zenith Bank Diamond Bank Skye Bank AfriBank Intercontinental Bank ETHIOPIA Dashen Bank Wagagen Bank SEYCHELLES Nouvo Bank Major Retailers Shoprite Pick n Pay Clicks Edcon South African Post Offices Rennies Boxer Score Radiant Makro Woolworths Foschini Petroleum Total Shell Engen BP Caltex

6 Numbers

7 VeriFone Sales to Middle East & Africa partners Ingenico Hypercom

8 Main Markets $ 24 m $7m $3m $2.5m $5m $1m $0.5m 2008 Target 57%+

9 New Business $ 1.5 m Main Markets $ 24 m 2008

10 Embargoed - $ 20 m (Iran) New Business $ 1.5 m Main Markets $ 24 m 2008

11 Regional Trends

12 MERCHANT POS deployment UAE MIDDLE EAST Wireless Vx670 GPRS Desktop Vx510 Dial-Ethernet Payware Prepay OP4100 petroleum Ruby petroleum But no ECR integration … No ECR integration, but Desktop with PP1000se common Slowly moving to GPRS Airtime sales growing faster than traditional Banking South Africa Mainly an ECR integrated market with 70,000 SC5000s & WiFi portable at Petrol Stations West Africa 95% of sales are GPRS POS East Africa A mix of Desktop & GPRS AFRICA

13 BIOMETRIC Vx610 interest in Africa Ghana South Africa Microfinance

14 AIRTIME eTopup growth Jordan already has 15,000 Vx POS running eTopup Marshal in UAE finalizing PAYware implementation ZAIN in Saudi rolling out 15,000 Vx terminals Etisalat in Egypt will roll out in 2008 CSC & TPS run proprietary eTopup engines in Africa Telco pays out 15%-20% in Africa Telco pays out 3%-5% in Middle East

15 BILL PAYMENT starting in Middle East In Saudi Arabia VeriFone is sole provider to the national Electronic Bill Presentment and Payment service provider In Southern Africa bill payment has already been around for the last 2-3 years

16 UNATTENDED Abu Dhabi National Oil Co. OP4100 rolled out to ADNOC petrol stations in UAE

17 CROSS-BORDER Acquiring growth just starting Network International of UAE branches into Egypt Comm. Bank of Qatar enters Oman via NBO MSCC of Egypt acquiring in West Africa UBA & Zenith Bank of Nigeria into Ghana, Senegal CTMI across UEMOA in French speaking Africa Perhaps common Gulf currency will drive growth?

18 Thank you