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RETAIL PRODUCTS FOR AN EMERGING MARKET SecureID Limited Oyewole Talabi

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What is An Emerging Market? Emerging markets generally reflect those transactional arenas where buyers and sellers are not easily or efficiently able to come together.

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Some Emerging Markets: MINT (the next economic giants) Mexico Indonesia Nigeria Turkey

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Characteristics of MINT Strategic Geographical Location Large Commodity Producer Population and Demographics

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RETAIL PRODUCTS FOR EMERGING MARKETS

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The Industry Issuer Acquirers Merchants Card holder Regulator (CBN)

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RETAIL PRODUCTS FOR NIGERIA - AN EMERGING MARKET Contactless Payment (Paypass / Paywave) Loyalty (Closed loop) Mobile payments (Apple Pay, Google Wallet) Cloud based mobile (Host Card Emulation) Mobile P2P Payments: (Square, PayPal, Intuit)

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CONTACTLESS TECHNOLOGY FOR PAYMENT Contactless Payment (Paypass / Paywave) Loyalty (Closed loop) Mobile payments (Apple Pay, Google Wallet) Cloud based mobile (Host Card Emulation) Mobile P2P Payments: (Square, PayPal, Intuit)

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TYPES OF CONTACTLESS CARDS -Pure contactless cards -Hybrid cards -Dual interface cards

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CONTACTLESS TECHNOLOGY FOR PAYMENT Industry Applications includes: -Retail shops -Ticketing (e. g. Cinemas, parking, stadium. -Transportation

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NEAR FIELD COMMUNICATION (NFC) FOR PAYMENT This technology is becoming more popular in the payment space. It Lends itself to innovative packaging. e.g. wristband, phone stickers, etc. Multipurpose usage e. g. payment, ID, access control

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ADVANTAGES OF CONTACTLESS TECHNOLOGY FOR PAYMENTS Ideal for small payments Best solution for high traffic applications Top-of wallet cards (Preferred choice) Adaptable to lifestyle changes e.g stickers on phones. Unique branding

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LOYALTY SOLUTIONS Loyalty programs reward customers by the frequency and types of purchases they make. A loyalty program may give a customer advanced access to new products, special sales coupons or free merchandise.

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GIFT CARDS Gift cards are convenient (and usually colorful) means of rewarding customers, consumers, staff, and even attendees of ceremonial events. It s quite flexible and allows holders to obtain gifts of their choice within the budget of the card issuer

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INDUSTRY APPLICATION S

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Automated Transport Fare Collection Automated Transport Fare Collection (ATFC) is a seamless and efficient way for passengers to pay for transportation. The solution also fits conveniently into the federal governments cashless society policy. ATFC can be easily deployed to operators of various transportations system such as buses, trains/railroad, sea vessels etc.

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Remittance of casual workers salaries: Geared towards employer of day labour or predominantly contract staffs e.g construction Card based system Empowers the employer to seamlessly administer payroll Eliminates workers queuing up to collect their daily cash payment. Supports CBNs cashless policy Facilitation of modern banking services to the under-banked sectors of the economy

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Financial Inclusion Provides banking solution to the under-banked Picture and biometrics taken; saved on back end servers and also chip card issued out with picture and biometrics in chip Customer can open account without complex forms or documents to be filled. Withdrawals, deposits and loans can be obtained remotely without visiting the bank branches.

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Benefits to Stakeholders Regulator Less cash handling Transparency Economy of scale New jobs and opportunities Improved FDI Issuers More cash from informal to formal sector Cheaper operations / less logistics Economy of scale Improved FDI Merchant Lower cash transactions (less security risks) Seamless integration to cash systems Increased sales Reward system for customers Cardholders Lower cash transactions (less security risks) 24/7 access to funds Convenience and efficiency

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Who Are We?

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SecureID is Nigerias leading Smart Card Production Company offering end-to- end identity management and digital solution services to the finance, telecoms, health, government, transport and other sectors Founded 2005, with Headquarters in Lagos, Nigeria, its Production Facility sits on 6,780.45 Square Meters

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SecureCard Manufacturing Limited (SCM) - a subsidiary of SecureID Group was established to operate as an end-to-end smart card manufacturing company. It is the first EMV (the most stringent industry standard for electronic payment cards), SIM Card and Identity card certified smart card manufacturing plant in West Africa

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Our Track Record 2007: First to be certified by VISA for card personalization in West Africa 2007: Produced first multi-application card in Nigeria FCDA card 2007: 1 of 2 consortiums awarded National Identity card project 2008: Began personalization of Chip and Pin smartcards 2008: Commenced international operations 2009: First to be certified by MasterCard for card personalization in West Africa 2010: First to be certified by VISA: card milling and chip embedding. 2010: Increased production capacity to three million cards / month 2011: Certified by MasterCard: card milling and chip embedding 2012: Winner of the Most Outstanding Mature Business award, African Awards for leadership 2013: Awarded Bayelsa Employee/Residence cards 2013: Awarded the contract to supply 13mm LASRRA cards. 2014: Completed the first polycarbonate manufacturing Plant in Africa 2014: First to be certified by VISA and MasterCard for EMV Smart Card manufacturing in Sub Sahara Africa

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Our Products and Services

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Contactless / Mifare / NFC cards (Manufacturing) Contactless cards have the ability to communicate data without physical contact of cards with the reader. The antenna etched on card with Capacitance based power is able to emit Wireless Signals, carrying the electronic data to remote located Read/Write unit, within certain proximity of the card activation device or target. They are ideal for mass transit, parking, and access control, toll ways and other high-throughput environments. These cards exhibit high reliability and promise lower maintenance costs

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Card Personalization Financial CardsMultipurpose CardsPensioner Card Employee ID CardHealth Card Student ID Card

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Contactless Cards PayPass Paywave Personalisation SecureID is the pioneer in personalization of contactless cards and dual interface cards in Nigeria. We have completed certification with a bank in Nigeria and are currently carrying out certification exercise with several banks

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Customer Loyalty, Membership and Gift Cards At Secure ID, we strive to be in tune with our clients and meet their demand. We understand the goal of our clients is to grow customer base while maintaining their current customers. Loyalty and membership cards are specifically designed with a common objective, i.e. to win new customers and/or increase end-customer loyalty for our clients. Our loyalty and gift cards come in several variants: scratch cards, magnetic stripe cards, bar code cards, RFID contact-less & Mifare cards.

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Identity Management/Data Capture Suite The SecureID BioApp software and SIDIos online portal are proprietary solutions used to achieve data capture for identity management purposes. The SecureID BioApp software has been designed to provide graphical interfaces that suits respective stages of data capture while SIDios is a web user interface for data submission.

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Project Achievement: Financial Inclusion w/Sterling Bank In meeting up with the Central Bank of Nigerias mandate to address the unbanked population, Secure ID recently partnered with Sterling Bank to provide a new Biometric Identification Card to drive financial inclusion in the country, delivery financial services at an affordable cost to the disadvantaged and low income segments of the society.

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THANK YOU