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An Introduction

2 January 2012

Strictly Confidential© Mobile Union Limited

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Introduction Mobile Union was conceived to deliver transparent, cost efficient remittance and payment services to the underserved and unbanked in developing countries & emerging markets

We have developed a platform, together with processes and methodology to intermediate participants in the ecosystem

Key USPs: Electronic payment platform; Encompassing robust AML and KYC processes; Online and mobile remittance origination; Multiple payment acquisition channels; Simple, STP integration for business partners; Regulatory approved at Origination and Destination.

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Mtxpress (own brand Remittance Service) Global perspective; Multi-channel EU/USA/Gulf into Asia and Africa Sending £10/$10 through to £10,000/$15,000 – per

Transaction

Banks Recapturing their customer Outbound from Emerging Markets Pan-regional

Money Transfer Operators 2nd Tier & Independent Operators Regional specific Expanding channel and geographic reach – Origination &

Destination Multiple and alternative payment channels

Corporate Small Cross-border payments Terminating on mobile devices

Channels – at Origination

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M-wallet & M-payment platforms Real time; Deep reach into destination countries Hundreds of 000s of cash out locations

Bi-lateral banking relationships 2 to 4 banks in each destination corridor Selected to provide:

Broad geographic coverage in each country Collectively, an extensive branch network for cash out Demographically synergistic

Electronic switches Enable connectivity with:

all Banks ATM networks Card based schemes

Real time account credit/disbursement

Micro-finance institutions/NGOs Deep reach into rural area and villages

Channels – in the Destination

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At the Source: Transaction aggregation access to multiple money

transfer & other retail brands within and outside the mobile sector

One point of integration to mobile networks globally for those business partners

Understanding of the remittance customer Payment acquisition – 40+ payment types

At the Destination Access to multiple remittance channels at source Gateway access to banks, MTOs, MFIs and NGOs Creating the broadest possible remittance network –

offering broad channel choice Key remittance capabilities:

Understanding of global regulatory framework KYC & AML Anti-fraud

What MU can offer Business Partners?

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Channels & EcosystemA gateway to tens of millions of mobile subscribers

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Contact

Randall HarperChairman & CEOrandall.harper@mobileunion.netM: +44 7713 258 767

Mobile Union Limited89 Worship StreetLondon EC2A 2BFT: +44 20 7392 2644