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Doing well. Doing good.

Doing well. Doing good. The role of electronic payments in driving inclusion. We believe in financial inclusion to drive global prosperity. Our global adoption curve is at a point of exponential Acceleration due to technology advances and mobile internet access

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Doing well. Doing good.

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  1. Doing well.Doing good. The role of electronic payments in driving inclusion.

  2. We believe in financial inclusion to drive global prosperity. • Our global adoption curve is at a point of exponential Acceleration due to technology advances and mobile internet access • The Expectations and Aspirations of all global citizens are increasingly demanding on governments, businesses and society. • Communities have never been so Interconnectedto one another. The new global marketplace will provide new commerce opportunities for individuals and micro-merchants • We are in the middle of significant Evolution point in financial services and payments systems that have existed for centuries.

  3. Acceleration Fasten your seat belts please..

  4. Past 10 years, we got tapping in cities around the world. New ways to pay.- NYC, Moscow, Hong Kong, London, Singapore, Seoul, Dubai, Istanbul, Warsaw….. • Oyster was born in June 2003. • NYC Taxis in 2008. • Russian Schoolkids 2013.

  5. We got liking… the definition of a friend expanded.. exponentially. • Facebook born in 2004.

  6. We got tweeting… and conversations got shorter Tweetingpresent participle of tweet (Verb)Verb1. Make a chirping noise.2. Make a posting on the Twitter social networking site.Twitter launched in 2006

  7. Our world has changed. Just 10 Years Ago… • Nokia was the #1 Handset provider globally with 35% share (2003) • There were 53MM mobile phone connections in Africa (2003) • There was no LinkedIn (2003) • There was no FaceBook(2004) • There was no Twitter (2006) • There was no iPhone (2007) • There was no LinkedIn (2008) • There was no iPad (2010)

  8. CommerceDemocratization Unprecedented connection to information, education, ideas goods, services. Every device becomes a commerce device.

  9. Mobile payments enables new digital sellers and buyers

  10. National identity recognizes the individual and enables the power of collective.

  11. Global interoperable networks brings the local market to the global cloud.

  12. We want to enable 200-300 MM micro merchants to drive local economies.

  13. In every corner, your mobile device becomes your commerce device

  14. Commerce Democratization: Anywhere, Anyplace, Anytime • Provides access to commerce for people to easily sell and to buy across devices, locations, currencies. • Convergence of identity, payments and connectivity. The wallet goes virtual and multi-channel. • Anonymous digital currency and identity platforms continue to emerge. • Greater transparency and competition on supply chain pricing, focuses more on the non-commoditized value. • Collective individual experience become more important due to social media “likes and reviews” • Global commerce platform is device-agnostic solutions. The device choice stays with the consumer.. phones, tablets, wearables, glasses, electronics, “refrigerators that shop”, “cars that talk”, wristbands that tell you your child is at school.

  15. Our World Beyond Cash Case Studies: Digital Financial Inclusion

  16. Multi-channel, multi-form factor, multi-party approach required for inclusion solutions. Mobile Chip/NFC P2P Bill Pay Cash Reloads mPOS Acceptance Biometrics/ID Prepaid Financial Education

  17. Case Study: Partnership with Governments:National Benefits Distribution • 10M cards issued delivering benefits to over 20M people • Local enrollment with instant issuance • Fraud preventing biometric technology • POS – Cash access and purchase • Micro merchants enabled • On-line & Offline Functionality • $375M operational savings • Benefits distribution through loaded pre-paid cards also live in USA, Italy, Russia, etc.

  18. Case Study: Partnership with GovernmentsBiometric National ID Issuance • 10MM initial issuance for pilot is a pre-paid EMV debit card with biometric data… full national roll out to 90MM planned. • Allows state of the art technology to be deployed by the government in cost-efficient manner working with MasterCard to provide the latest standards of security. • Mobile wallet integration and full financial services platform planned which will include bill payment, P2P and e/m-commerce. • Similar programs launching around the world with governments on every continent.

  19. Case Study: Multi-Party PartnershipsCompanion wallets, bracelets & cardslinked to a single account. • Mexico - Connects consumers in a remote village to an electronic and mobile payments ecosystem in Mexico – benefits paid-in, bills and p2p paid out. • Russia – Issue contactless wallets to school children to allow parent notification of arrival and e-vouchers for lunches. • Vietnam – Issues cards to VeitTel customers to allow them to conduct commerce online. 1st account for many. • UAE – Providers construction workers dignity of their first account via payroll card • Multi-party stakeholders include banks, telecommunications providers, network, governments and technology providers.

  20. Case Study: The Last Frontier Multi-Stakeholder Partnership to deliver mPOSin Columbia • Banks, telcos, technology providers, and MasterCard partner to deliver chip and pin electronic payments. • Targets 1.6MM small and medium size businesses • 81% of business economy in Columbia is micro-SME • 95% of all transactions in the country are in cash • Strong growth and adoption rates of new technology

  21. Case Study: Egypt Mobile Payment EcoSystemMulti-Stakeholder Partnership to deliver Interoperable Mobile Payment Platform • First Interoperable Platform • Use the mobile as the payment mean to avail electronic fund movement between participants • Target all mobile subscribers in Egypt where banked and unbanked interact using same EcoSystem • Using the mobile Consumer can: • Load his Wallet from Bank Account • Send Money to another participant • Cash In / Out his Wallet • Pay Bills • Buy Airtime • Pay Merchants • E Commerce Trx (VCN)

  22. The Math.2 Billion = 5 Trillion Doing well is doing good.

  23. Expectations, aspirations and enablers will bring about a new global commerce ecosystem which is inclusive and interdependent. • There are roughly 2-3B people outside of the financial and payment system. • There are currently 200MM to 300MM micro-merchants conducting commerce every day in cash in markets around the world • The buying power estimated of the financially underserved and excluded is estimated to be at 5 Trillion USD • We need to build partnerships – across networks, governments, telecommunications, financial services, NGOs - to ensure we to ensure we enable these citizens to conduct commerce in a safe and transparent manner • There is significant investment that is required to enable a marketplace, business models must be sustainable to ensure appropriate investment, incentive and interest to all stakeholders. • We look forward to working with all key stakeholders to design and lead this exciting new phase of our shared new global marketplace.

  24. We have a new lens to the world...

  25. Which connects people, communities and commerce.

  26. We want to share the vision of a better future for their children.

  27. We want to help inspire new passions, ignite new dreams.

  28. Let us go create the future. Presented by: Kahina Van DykeGroup Head, Global Initiativeskahina_van_dyke@mastercard.com@kahinavandyke

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