WORLDLINE_REGISTRATION_DOCUMENT_2017

Worldline positioning and strategy Industry andmarket overview

B.1.2.2

NON-CASHTRANSACTIONS INEUROPE (IN BILLION TRANSACTIONS)

These newbehaviors generate significant growth in non-cash payments

Non-cash payment transactions have grown significantly in recent years, and this growth is expected to accelerate as electronic transactions increasingly displace cash and cheques. According to A.T. Kearney, the number of non-cash transactions in the European Union has grown at an annual rate of 6% over the last ten years. A.T. Kearney also estimates that this growth rate will accelerate to 7% per year from 2020 through to 2025, reaching 238 billion transactions. The rise in contactless payments is a significant move towards electronic means replacing cash for low value transactions. For example, in the first half of 2017 the amount spent using contactless in the UK was £ 23.23 bn, compared to £ 25 billion for the whole of 2016 and 1 out of three card payments is now contactless (Source: UK Finance).

CAGR*

TCAM*

238

+ 7%

12 % 1 %

+ 6%

170

8 % 2 %

B

+ 6%

54 %

128

4 % 5 %

98

55 %

2 % 6 %

49 %

40 %

33 %

34 %

51 %

41 %

2010

2015e

2020e

2025e

Alternative payments Cheques Cards ACH

* CAGR : Coumpoundannualgrowthrate

Source: A.T. Kearney- Cashing In on Cashless Commerce (2016).

NUMBEROFNON-CASHPAYMENTTRANSACTIONS PERCAPITAANDPERYEAR INEUROPE (2016)

481

445

424

405

Direct Debit Credit Transfers Cards

376

351

326

304

280

258

243 229

203 198

184 176

147 146 142 139 138

117

91

86 79

57 48

30

Italy

(GB)

Malta

Spain

Latvia

Ireland

Poland

France

Austria

Croatia

Cyprus

Estonia

Finland

Sweden

Bulgaria

Slovakia

Belgium

Slovenia

Portugal

Hungary

Romania

Lithuania

Denmark

Germany

Greece (GR)

Netherlands

Luxembourg

Czech Republic

United Kingdom

Source: European Central Bank (ECB) statistical data warehouse

27

Worldline 2017 Registration Document