Worldline - Registration Document 2016

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Business Industry andmarket overview

6.2

Industry andmarket overview

Payment is at the core of any commercial transaction and as we move increasingly towards a cashless society, volumes and types of electronic payments will continue to increase. Irrespective of the payment instrument and channel, the mechanism to conclude the payment is similar and complex.

Payment Services Ecosystem

6.2.1

services provided to emerging new digital businesses 3. (e-Ticketing, e- Government [tax collection], Connected

Worldline’s industry can be viewed as an extended payment services ecosystem that covers three broad categories of services: the “core” range of electronic payment processing and 1. services offered to traditional merchants and banks for non-cash payments; an “extended” range of stand-alone and value-added 2. services for traditional merchants and banks that goes beyond payment processing and related functions to offer services to help them grow their businesses and respond to changing market conditions; and

Living [connected cars, connected appliances, etc.]).

6.2.1.1

Core Electronic Payment Services

Ecosystem

Electronic payment systems (card and non-card based) are made up of complex infrastructures involving multiple parties and comprising rules, processes and technologies.

Card-based payments

TODAY’S TYPICAL INDUSTRYPAYMENTFOUR-PARTYCARDCHAIN

Network Visa, Mastercard, ….

Cards incentive

Scheme fee

Scheme fee

3 rd party processor e.g. Worldline

3 rd party processor e.g. Worldline

Card issuer

Card acquirer / Merchant Service e.g. Worldline

Interchange fee Variable depending on country and payment mean

Cardholder incentive

Cardholder fee

Merchant Service Charge

Cardholder

Merchant

Surcharge for use of a specific payment card

(Source: Worldline)

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Worldline 2016 Registration Document