1. Business Partners

2. Strategies that drive the future Cross Selling New Partnerships Computing in the Wallet What the Consumer wants Convergence Governments Profit June 16Caribbean Electronic Payments LLC2

3. New Relationships The electronic world we are moving into requires a whole new set of relationships in the market. A good example of this is what is happening in the EU with SEPA and PSD. Its not in place fully as yet but it is being looked at in detail by counties an regions all over the wolrd as one of the ways we can go. June 16Caribbean Electronic Payments LLC3

4. SEPA and PSD Introduced by the EU Government to make the EU one single market with common payments mechanisms in all EUI countries

5. SEPA The Single Euro Payments Area (SEPA) is a payment- integration initiative of the European Union for simplification of bank transfers denominated in euro.European Unioneuro As of March 2012, SEPA consists of the 28 EU member states, the four members of the EFTA(Iceland, Liechtenstein, Norway and Switzerland) and MonacoEFTA

6. SEPA Its one market – United States of Europe No cross border fees between countries Common financial instruments Direct debits on my UK account to pay Italian Gas Bill Its happening, taken longer than expected but its getting there.

7. PSD Payment Services Directive Aimed at breaking the monopoly of Visa / MasterCard You no longer have to be a bank to acquire Visa and MasterCard's in Europe Interchange fees under pressure 50% reduction since 2007 European debit card - Payfair

8. PSD2 Opens the market to: Processors Mobile Network Operators Hardware / software companies Phone providers Anyone Will be implemented 2017

9. Act Now or be Left Out The world as it is now in payments is changing. Those that do not change will get left behind. You are faced with large changes so include these changes into the process