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2. VISA The Payments Ecosystem

3. VISA Barriers to Scale Interoperability Infrastructure KYC

4. Mobile POS Mobile Card Technology Transforming Merchant Acceptance

5. Biometric Authentication – Opening Account User Agent Financial Institution Opening Account Biometric POS Authenticate

6. Biometric Authentication – Financial Transaction User Agent Financial Institution Systems Integration Biometric POS Authenticate Transaction & Settlement

7. Mobile Branchless Banking: Off to a Good Start…

8. …But a Problem Hitting Scale Sources: CGAP, Branchless Banking Database Implementations with > 200k active users 120 0 100 80 60 40 Live branchless banking implementations launched after 2007 120 20 11 1 in11

9. Mobile Money Networks Closed loop Ecosystems Evolution Strategy Mobile Money. Enables Mobile Money Operators to offer unbanked consumers with closed-loop mobile money account Examples Agent Send Money Pay Bills

10. Mobile Money Networks Example: Orange/Visa Launch

11. Mobile Money Networks Closed loop Ecosystems Evolution Strategy Mobile Money. Enables Mobile Money Operators to offer unbanked consumers with closed-loop mobile money account Mobile Prepaid Ecosystem Expansion. Expand reach of mobile money ecosystem to global payments provider’s merchant network. Open-Loop Phase 1 Global Payments Network += OrangeExamples Agent Send Money Pay Bills Agent Send Money ATM eCommerce Merchant

12. Risk of Fragmentation and Inefficiencies AcceptanceFinancial Account

13. Economies of scale through interoperability AcceptanceFinancial Account SharedNetwork

17. Mobile Money Networks Closed loop Interoperable Network Ecosystems Evolution Strategy Mobile Money. Enables Mobile Money Operators to offer unbanked consumers with closed-loop mobile money account Mobile Prepaid Ecosystem Expansion. Expand reach of mobile money ecosystem to global payments provider’s merchant network. Fully Interoperable End State. Connect mobile money programs of different mobile network operators and acceptance points. Open-Loop Phase 1 Global Payments Network += OrangeExamplesmVisa Agent Send Money Pay Bills Agent Send Money ATM eCommerce Merchant

18. Key Take Aways Technology innovation is a key driver for unlocking scale An enabling regulatory environment is a foundational element for greater financial inclusion Private Public Partnership is an essential component to achieving shared goals