International Forum on Remittances Christopher Martin Vice President and Treasurer

1. International Forum on Remittances Christopher Martin Vice President and Treasurer cmartin@obopay.com Obopay Confidential

2. 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 Confidential

3. 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 Confidential

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

5. Our Target Segments Family Plans (Family & Friends) Bill Pay (Professionals and Youth) “I receive a notification and pay my bills while watching a football game with friends” (Youth) “With Obopay I can send my Kids’ allowance from my phone while waiting for my flight” (Busy Dad) Domestic & Int’l Remittance (Professionals and Foreign-born) Merchants (Mobile, Web and Retail) “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)

6. Our Partnership Approach Obopay Direct Citi Obopay

7. Amount $ PIN Send Money Remittance Balance Get Money Balance Remittance Minal Sunny Aditya 120.00 OK OK Confirm Payment Receipt Remittance to Mom for $120 was sent on 6/12/2007 Trans ID: 61234 **** 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 $120 to Mom OK Send Obopay Confidential

8. Cash Load Location Leverage 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 Obopay Confidential

9. Open to Partnerships Money transfer Operator Country A Money transfer Operator Country B Sending Agent Dispersing Agent Sender Receiver Debiting Banks Crediting Banks Obopay Confidential

10. 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. Obopay Confidential Obopay Confidential 10 10