WELCOME TO MONEY 247 WELCOME TO THE FUTURE

WELCOME TO MONEY 247

WELCOME TO THE FUTURE! “By 2030, two billion people who don't have a bank account today will be storing money and making payments with their mobile phones. " (Bill Gates 23 January 2015)

THE STATISTICS… � There are 330 million adult Africans, who lack access to formal financial services � Half of almost 300 million registered mobile money accounts globally are located in sub-Saharan Africa � In South Africa, 12 million people (23. 5% of the population) are considered as financially excluded � It is estimated that approximately R 12 billion is kept "under mattresses"

WHO IS MONEY 247? � “Fintech” Company (Financial Technology) � “Disruptive � Founded technology” in 2014 � Registered FSP (No: 49157) � Empowering people by “taking Financial Services to the People” � Partners: Master. Card and Mercentile Bank

OUR VISION IS TO: �Take Mobile Transacting to the People �Financial �Take Services to the People Telecoms to the People �Create income opportunities for People

TAKING FINANCIAL SERVICES TO THE PEOPLE…

Money 247 Products & Services � Money 27 Approved Products: ◦ E-Wallet (Fully Functional Transaction Account) ◦ Internationally Accepted Master. Card ◦ Embedded Risk Benefits ◦ Airtime and Data

BENEFITS FOR CLIENTS ◦ Easy Client Onboarding process (ID/Passport/Asylum) ◦ E-Wallet (fully functional transaction account) ◦ Free Money Transfers (Mone 247 to Money 247) ◦ Master. Card issued on the spot ◦ Receive money (salary) – no cash (risk) ◦ Transact via mobile (*120*) / Internet ◦ Funeral Cover and other benefits included ◦ Send money home (Zimbabwe / Malawi) �Link up to 3 additional Cards to E-Wallet

BENEFITS FOR EMPLOYERS ◦ Easy Staff Onboarding process (bulk upload) ◦ Cost effective Payroll solution ◦ No cash on premises – eliminating risk ◦ Increased productivity ◦ Funeral Cover for Employees

INSURANCE BENEFITS ◦ R 5, 000 Funeral Cover ◦ R 5, 000 Commuter Accidental Death Cover ◦ R 3, 000 Repatriation Cash Benefit ◦ R 1, 000 ATM Theft Cover ◦ All benefits are “embedded”

The Money 247 Flex Card � Money 247 Flex Pay Card : ◦ The Flex Pay Card can be used within SA borders and foreign countries ◦ Clients can use their Money 247 Flex Pay Card at any ATM to withdraw cash ◦ Deposits can also be performed at selected Retail Stores within South Africa � A Client can take up to 3 Secondary Money 247 Flex Pay Cards

Money 247 Flex Pay Master. Card Money In Cash Deposit Money 247 Wallet & Card Money Out POS Transactions All Retailers EFT Deposits / Wages Beneficiary Payments Cash Withdrawal

� Clients ◦ ◦ ◦ Account Access can access their Money 247 account: On their mobile phone via USSD - *120*37566# On the Internet - www. money 247. co. za From the Money 247 Mobile App In store - by swiping their Money 247 Master. Card At any ATM – National and International � The Client Starter Pack includes a letter which explains some processes that are vital towards the usage of our products – Clients must read it carefully and to be re-enforced with the client by the Merchant and/or Agent.

COSTS… � The cost of signing up for a Money 247 Wallet with Master Card is a Once Off R 150 � The R 150 must be paid into the Client’s Money 247 Wallet by the Client via direct cash deposit or EFT � The monthly cost of the Money 247 Card is R 79

New Client Sign Up Process Step 1 Agent Opens a Wallet for the Client on the Merchant Terminal Step 2 Agent provides client with Account No Client receives SMS with Access Client pays the Details R 150 Sign Up fee Client Info • Name & Surname • ID/Assylum No • Address • Copy of ID/Assylum into his/her Money 247 Account via EFT or “PAY AT” Stores Step 3 Agent Issues a Card to the Client on the Merchant Terminal • Card No Client receives SMS confirming Card Activation

Application Documents � Application Form ◦ Page 1 - Personal Details ◦ Page 2(Back page) - Client Contract iro Embedded Products & Administrative rights � Welcome � Terms � Letter + Terms and Conditions of Card and Conditions of the Protection Plan to Employer

AUTOMATED SMS MESSAGES � SMS 1: Access your Money 247 Account No 0827831944 by downloading our app at www. money 247. co. za. Username 0827831944 & Password m 247 Ab. C 1234!@ � SMS 2: To activate your Money 247 Acc deposit a min of R 150 at any SPAR, Shoprite, Checkers, Pickn. Pay, PEP Stores. Use the PAY@ service. Your ref 116180827831944 � SMS 3: Your M 247 Flex Card has been issued. Do not disclose your PIN to anyone. Contact us at whatsapp 0837989504 or support at Money 247 for enquiries � SMS 4: Included in your Money 247 Card: R 5000 Funeral & Commuter Accidental death, R 3000 Repatriation &R 1000 ATM theft Visit www. money 247. co. za to access T&C’s Apply � SMS 5: Money 247 Acc 0827831944 refers. We are an authorized Financial Services Provider, FSP No 49157. Contact us at 0837989504 or support@money 247 co. za for claims

Client Starter Pack � Welcome � Card Letter + Pin � Terms and Conditions of the Card � Terms and Conditions of the Money 247 Protection Plan � Letter to the Employer regarding Bank Account Details

FICA Transaction Limits � FICA Status 1 Copy of ID/Passport PLUS Proof of Address (not older than 3 months) Transactions up to R 50 000 per month allowed ◦ Maximum R 5 000 per day

FICA � All clients needs to be FICA’d � Obtain a copy of the client’s ID / Assylum / Passport and Proof of Address by taking a photo � Take photo of ID / Assylum / Passport and Proof of Address and upload to Money 247 platform or email to support@money 247. co. za � The Account and Card will only be available for transacting once Money 247 has received the FICA documents as prescribed

Money 247 Contact � Money 247 can be contacted via ◦ Please call me ◦ Email ◦ Whats. App ◦ Facebook ◦ Telephone

TAKING FINANCIAL SERVICES TO THE PEOPLE…

TAKING FINANCIAL SERVICES TO THE PEOPLE…

TAKING FINANCIAL SERVICES TO THE PEOPLE…

QUESTIONS?