The Payments Ecosystem VISA Barriers to Scale Infrastructure

The Payments Ecosystem VISA

Barriers to Scale Infrastructure VISA KYC Interoperability

Mobile Card Technology Transforming Merchant Acceptance Mobile POS

Biometric Authentication – Opening Account cou c g. A in en p O Agent nt te th Au ca nti e Biometric POS Financial Institution Authenticate User

Biometric Authentication – Financial Transaction Agent on ti a r g e nt s. I em yst S Transaction & Settlement Financial Institution te th Au ca nti e Biometric POS Authenticate User

Mobile Branchless Banking: Off to a Good Start…

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

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

Mobile Money Networks Example: Orange/Visa Launch

Mobile Money Networks Closed loop Open-Loop Phase 1 Pay Bills Ecosystems Agent Send Money + = Send Money Agent Global Payments Network Merchant ATM e. Commerce Examples Evolution Strategy Orange 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.

Risk of Fragmentation and Inefficiencies Financial Account Acceptance

Economies of scale through interoperability Financial Account Acceptance Shared Network

Mobile Money Networks Closed loop Open-Loop Phase 1 Pay Bills Ecosystems Agent Interoperable Network Send Money + = Send Money Agent Global Payments Network Merchant ATM e. Commerce Examples Evolution Strategy Orange 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. m. Visa Fully Interoperable End State. Connect mobile money programs of different mobile network operators and acceptance points.

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