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Visa Investor Day

Potential for electronification acceleration Mobile acceptance Financial inclusion with government support Merchant driven electronification VISA With over 4M merchants, Square is now a top 35 merchant for Visa in the US1 • The number of mobile terminals globally grew from 4.5M in 2011 to 9.5M in 20122 Square iZettle ROAM pay™ • 2.5 billion underbanked worldwide, 1.7 billion of which have access to a mobile phone³ ⚫ Visa is collaborating with Indian government on the Unique Identification ("UID") project to expand financial inclusion • Alternative commerce channels that require electronic payments have grown 4x faster than traditional offline commerce worldwide4 AADHAAR amazon.com mercado Libre Ⓡ Rakuten Brand names and logos are the property of their respective owners and the use of third-party logos does not imply product endorsement Sources: 1) Square and Visa MARS database, April 2013 2) "2020 Foresight: Mobile Point of Sale Technology." Timetric, 2013 3) World Bank "Global Financial Inclusion Database" 2013 4) Euromonitor Passport Database, 2013 13 | Visa Investor Day
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