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NFC World Asia Ecosystem for NFC Enabled Mobile Payments and Commerce January 17, 2008 Slide 1 ViVOtech proprietary and confidential material - not be copied or distributed without permission My Talk Today Ecosystem Issues & Drivers Opportunities Slide 2 ViVOtech proprietary and confidential material - not be copied or distributed without permission 1 The Opportunitiy is Huge 3rd Generation Electronic Payments & Promotions 3.5 Billion Payment Cards and Mobile Phones 45 Million POS Systems 10,000+ Card Issuers, Tier 1 Retailers, Processors, Mobile Operators ViVOtech Mission is to Provide Enabling POS Systems and Software Wallet Software Card Software Smart Poster Software Contactless POS Systems OTA Payments and Promotions Management Software Slide 3 ViVOtech proprietary and confidential material - not be copied or distributed without permission Huge Rewards Await …But Will Not Come Easily Billions of cards that can be enabled on billions of mobiles Harvesting mobile rewards will require: Mass deployment of Contactless Cards to build the base The merger of two ecosystems with unrelated expertise: – Retail Merchandising/POS – Payment card issuance and management – Mobile applications management – hand set and network A business model beneficial to all players Slide 4 ViVOtech proprietary and confidential material - not be copied or distributed without permission 2 A Look at the Two Ecosystems Required to Commercialize the Mobile Opportunity Slide 5 ViVOtech proprietary and confidential material - not be copied or distributed without permission A successful NFC ecosystem must merge the following key participants and areas of expertise Retailing/POS systems Merchandizing Payment Verticals Payment Card Associations, Issuers, Processors Managed Service Providers Wireless Operators Handset manufacturers, network vendors, application developers Regulators in some jurisdictions And lets not forget the customer – who is King Slide 6 ViVOtech proprietary and confidential material - not be copied or distributed without permission 3 The Mobile (NFC) Opportunity Applications Payment or Coupon Redemption at Physical Store Consumer to Consumer Payments and Sharing (e.g. Songs, Business Card, Tickets, etc.) Mobile Merchant POS (e. g. Flea Market Merchant) Benefits Consumers • Convenient Single Solution • Dynamic Savings & Rewards Merchants NFC Will Enable: Coupons, Offers, & Loyalty • Stronger Customer Loyalty • Customized One-on-One - mCoupon / mPromotion - In-Store Smart Posters Ticket Download, Payment, and Redemption Mobile Carriers & Issuers • Increased Revenue from new sources Over the Air (OTA) Payments and Downloads Mobile Phone as a Key One Click Purchase Of Contents Slide 7 ViVOtech proprietary and confidential material - not be copied or distributed without permission Key Unique Roles for Some Key Players Mobile Network Operators Creator and Maintain the NFC Infrastructure UICC-based NFC Phones for GSM Carriers UICC or Embedded Chip NFC Phones for CDMA Carriers Banks, Retailers, and Verticals Issuers of Payment Cards, Loyalty, Coupons, Tickets, etc.. Card Processors/Managed Services Providers Contracted by Bank, Retailers, Verticals to Outsource Issuance Services Contracted by Carriers to Manage Specific Systems or Entire Back-End Trusted Service Management NFC Service run by MNOs or by Contracted TTP which includes: Secure Domain Key Management, Service Provider Recruitment, Testing Authority, Customer Care Services Slide 8 ViVOtech proprietary and confidential material - not be copied or distributed without permission 4 NFC Revenue Sources Provisioning Secure download of Credit, Debit, Prepaid, Loyalty, Tickets, Transit Fees per download Card Services Like lost and stolen management, mobile banking enablement, re-issuance to new phones Fees per transaction One-to-One Marketing Personalized Coupons, Promotions, Rewards, and Advertising OTA postage fees Smart Posters Content delivery based on user tapping RFID-enabled Posters/Placards Data airtime fees Slide 9 ViVOtech proprietary and confidential material - not be copied or distributed without permission Conclusion NFC: First Open Standards Based Mobile Payments and Marketing Opportunity Will Be Built On Contactless Payment Infrastructure Mobile Network Operators: Will Choose the NFC Ecosystem That Is Right For Them Deploy and Maintain the NFC Delivery Infrastructure Bank, Retailers, and Verticals: Will Partner With Carriers Leverage the New NFC Delivery Infrastructure Resultant Monetization: Significant New Revenue Stream for Carriers and Issuers ViVOtech Is Uniquely Positioned To Enable the NFC Ecosystem: We Understand Needs Of Issuers, Carriers, Verticals, AND Retailers Our NFC Architecture Enables ALL Configurations of the NFC Ecosystem We Understand How Everybody Can Make Money Slide 10 ViVOtech proprietary and confidential material - not be copied or distributed without permission 5 Jonathon Gould Vice-President & Regional Manager jgould@vivotech.com +6590886284 Thank You Slide 11 ViVOtech proprietary and confidential material - not be copied or distributed without permission 6

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