Welcome to Paysec Delivering your Asia Payments

Welcome to Paysec Delivering your Asia Payments

Delivering Asia We provide Payment Gateways enabling Merchants to accept debit card payments from the biggest networks in the Asian markets. We offer a promise of high-quality processing with low rates and the ability to handle massive growth in transaction volumes. Asia-Pacific is the world s largest and fastest growing digital economy. PaySec is your gateway to Asia page 3

Delivering Service At PaySec we offer an innovative product combined with excellent service. Our Payment Gateway offers: Ease of access to Asian markets We open up markets that have traditionally proven difficult for Merchants to enter Technology that is robust and easy-to-use We already process thousands of transactions daily Customer service 24/7 customer service; real-time updating of your account Great value We ll negotiate the best rates on your transactions Security The data of your customers is guaranteed at all times Speed Fastest possible settlement terms page 4

Delivering Support PaySec offers 24/7 Merchant Support 365 days of the year so there s always someone on hand if you have any problems. We ll send you daily reports outlining your transaction records with us and settle your account regularly as per contract with emails detailing remittance advice. All Merchants can access their account at any time to view and verify all the transactions processed. page 5

Delivering China The People s Republic of China is the world s most populous country with around 1.4 billion inhabitants. One of the cradles of civilisation, it experienced centuries of boom and bust until major land reforms in 1978 saw it become one of the world s fastest growing economies and its growth shows little sign of slowing. It is now the world s second biggest consumer marketplace and the world s largest ecommerce market. China turned over approximately USD 440 billion in 2014, surpassing the United States in online retail by more than USD 140 billion (Internet Retailer, February 27, 2015). While the eshopper population reached over 300 million by the start of 2014, up 60 million from the previous year, the online shopping demographic still represents only 25% of the total population, meaning plenty of potential growth ahead. China UnionPay (CUP) is the only domestic bankcard organisation in China and the only interbank network that links the ATMs of all banks throughout the region. Our product enables payment from CUP cards and supports all major banks in China utilising their official payment pages.

China - the numbers By 2020 the Chinese ecommerce market is estimated to be worth more than the US, UK, Japan, Germany, and France combined China is expected to exceed USD 1 trillion in ecommerce transactions, accounting for more than 40% of total worldwide ecommerce transactions by 2018 In 2010, Chinese shoppers spent USD 1.95 billion (RMB 12 billion) on cross-border transactions. By 2013, this had mushroomed to over USD 11 billion (RMB 70 billion) Well over 3.5 billion CUP cards have been issued CUP debit cards account for more transactions annually than Visa and MasterCard combined USD 274.57 billion ecommerce sales (2014 figure) Start doing business in China now. Email sales@paysec.com or call +44 7903 914722 to start the process. page 7

Delivering Thailand Thailand is a newly industrialised country, having experienced the world s highest economic growth rate from 1985 to 1996. It has a population of 66 million and the gross national income has doubled in the last decade. The majority of its population relies on debit cards for transactions and our product links to six major banks in the country using the bank s official payment page and PIN number to secure and authenticate payments. Thailand - the numbers 1.8 million transactions annually (based on March 2015 figure) Ecommerce market is valued at USD 4.7 billion annually Revenue is expected to show an annual growth rate of 19.15% resulting in a market volume of USD 5,572.1m in 2020 User penetration is at 19.80% in 2015 and is expected to hit 27.10% in 2020 The average revenue per user (ARPU) currently amounts to USD 210.64 Start doing business in Thailand now. Email sales@paysec.com or call + 44 7903 914722 to start the process. page 8

Delivering Indonesia The world s fourth most populous country with over 250 million inhabitants, Indonesia has the world s 16th largest economy. There are already around 75 million people using the internet and that number is expected to rise to over 100 million by the end of 2016. PaySec allows Merchants to process payments in this challenging market where many transactions are currently carried out in cash or by bank transfer. 2015 saw a 37% growth in B2C ecommerce transactions. Our Indonesia debit solution allows consumers to pay for goods and services easily in real time. Indonesia the numbers 7.8 million digital shoppers in 2016 75 million debit card users in Indonesia 420,000 electronic transactions daily USD 3.56 billion ecommerce sales (2015) Start doing business in Indonesia now. Email sales@paysec.com or call + 44 7903 914722 to start the process. page 9

Delivering Technology PaySec has a software solution offering a robust, secure and efficient payment processing system that connects customers to Merchants to bank gateways.

Implementing PaySec on your website is simple. When we ve approved your application we ll contact your technical team with an API and some instructions and testing mechanisms. Once they ve done their bit you ll be live on our system and can start processing transactions immediately. Our solution offers 99.9% uptime and system availability. See www.paysec.com for more details on our technology. page 11

Delivering Experience PaySec is led by a western management team boasting over a century of collective experience in global payments. Richard Barry Chief Executive Officer Richard was named CEO of PaySec in September 2015 having served as Managing Director of Jade Payments Group since 2012. He brings a significant history of systems development and execution in the management of Payments and Remittance solutions across multiple territories, including the US, Europe and Asia. Through focus on sales, operations and service support, Richard leads PaySec s development and implementation, striving to achieve flexibility in response to an increasingly demanding and always evolving payments landscape. page 12

Gary Murphy Chief Partnership Manager Gary Murphy was a founder of PaySec and continues to build the company in his role as Chief Partnership Manager. Gary is an entrepreneur specialising in the payments industry with a specific expertise in Asian transactions. He has a successful business background and is an expert in helping to build companies quickly from the ground up. This experience is vital in helping our quick evolution. Dan Fernandez Head of Business Development Europe Dan has over seven years experience in Payments and Financial Services, firstly within Lloyds Banking Group before moving to Santander as Regional Manager. Dan was a co-founder and MD of Cardex Merchant Services, responsible for leading a business into the challenging Point of Sale payments market. Dan then moved into the ecommerce sector and joined PaySec in September 2015. He is responsible for building the sales channels incorporating Merchants, Partners and Acquiring institutions for PaySec across Europe. Julius Caesar Principe Chief Operation Officer JC was appointed as COO of PaySec in September 2014 and has 20+ years of experience in the Banking and Payments Industry. He has worked with global banks and payments companies and helped these companies by delivering mission critical solutions to achieve their business objectives. JC has been instrumental for these companies to achieve their business targets, PCI and other Monetary Authority compliances and helped streamline their business. He has collaborated and worked on projects with key industry players in the region including Visa, MasterCard and other payments processing companies operating in Asia. Julieta Napiza Chief Financial Officer Julieta has 27 years of working experiences in BPO/IT and various American multinational semicon manufacturing companies. She was appointed Chief Financial Officer of PaySec in April 2015. She is responsible for the financial management of the company and also spearheads Business Process & Controls, Project Management and set up of business registration initiatives. page 13

Delivering Answers What countries does PaySec operate in? We are currently able to process local debit solutions in China, Indonesia and Thailand and are constantly adding more Asian countries to our list. Who are your partner banks? China: Agricultural Bank of China, Industrial and Commercial Bank of China, China CITIC Bank, Bank of Communications, Bank of China, China Merchants Bank, China Minsheng Bank, China Everbright Bank, Bank of Beijing, Hua Xia Bank, Postal Savings Bank of China, Shanghai Fudong Development Bank, Bank of East Asia Thailand: Siam Commercial Bank, Krungthai Bank, Bangkok Bank, United Overseas Bank, Krunthai Bank Indonesia (gateways): Mandiri Clickpay, XL Tunai, BRI MoCash, Indosat Dompetku Do you have 24/7 Merchant Support? Absolutely. We have an English-speaking Merchant Support team here specifically to help with all of your account-related needs. Which countries are you able to settle to? We can settle anywhere in the world. There is a wire fee, usually around USD 60, and the time of settlement varies from region to region. page 15

How often do you settle with your Merchants? We will settle daily if the amount is more than USD 5,000, or as often as you want for larger amounts. Do you offer services for high-risk Merchants? Yes, we specialise in high-risk Merchants. How do I access my account? All of your information is displayed in the PaySec Back Office. This details everything from your running settlement balance through to every individual transaction that has ever been processed. How do I start using PaySec s services? Once you have submitted the application form and completed our Risk and Fraud requirements, we provide you with an API to integrate into your website. Once this is done and testing has been carried out, you are ready to go live and start processing local debit solution payments. How long does it take to process my application? With a standard application where we do not require any additional documentation we can have you processing payments within seven days of your application. page 16

Delivering Now Apply to use our Gateway today and you could be processing transactions within a week. Call +44 7903 914722 Email sales@paysec.com

www.paysec.com Penthouse, V Corporate Centre, L.P. Leviste St. Salcedo Village, Makati City, Philippines, 1227