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AFEPAMEFrench Payment Institutions Association www.afepame.fr

Jérôme Traisnel, présidentCEO of SLIMPAY

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Payment Industry in France

240 companiesGemalto, Ingenico, Worldline…

72,000 direct employees And 90,000 including indirect people

* Source Regafi

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Payment Institutions in France

30 PI&EMIPayment and e-Money institutions registered in France. 35% in relation to money remittance. 30% are pure-play start-ups.

92 Passports Freedom to provide services in other EU member States

0 Small PI737 Agents

* Source Regafi

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Afepame Membership

Money remittance

Payment acquirers

Payment account management

Mobile Payment

Electronic money issuers

Card issuers

Professional services

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Professional representation

Euro Retail Payment Board

…

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Barriers to innovation in the Payment industry

• too restrictive regulatory framework

• uncertainty about the economic model and companies funding

• lack of coordination between the different actors

• lack of European/worldwide ambition

Source Edgar Dunn & Company

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Key AFEPAME objectives

• Create a defragmented European Payment market:• TPP• Internet payments (cards, SCT, SDD, Electronic money…)• Real time payments• Access to payment systems• Own funds definition (CRD IV implications)• Electronic signature

• Enabling market driven innovation:• Level playing field for all players• Setting up criteria not means