Worldline - Registration Document 2016

Business Industry andmarket overview

6.2.2.2

NON-CASHTRANSACTIONS INEUROPE (IN BILLION TRANSACTIONS)

payments These newbehaviors generates significant growth in non-cash

CAGR*

Non-cash payment transactions have grown significantly in recent years, and this growth is expected to accelerate as electronic transactions increasingly displace cash and checks. 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 10 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. According to the BCG report “Global Payments 2016”, “growth in contactless cards in Europe spiked between 2013 and 2015, growing from less than 2% of card transactions at the POS to nearly 20%”.

TCAM*

238

+7%

12% 1%

+6%

170

8% 2%

+6%

128

54%

4% 5%

96

55%

2% 6%

49%

40%

33%

34%

41%

51%

2010

2015F

2020F

2025F

6

Alternative payments Cheques Cards ACH

* CAGR: Compound annual growth rate

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

NUMBEROFNON-CASHPAYMENTTRANSACTIONS PERCAPITAANDPERYEAR INEUROPE (2015)

429 419

398

Direct Debits Credit Transfers Cards

369

347

329

305

288

262

240

208 202

183 183 176 172

133 130 129 127 127

106

79 79 73

42 37 26

Italy

Malta

Spain

Latvia

Ireland

Poland

France

Austria

Croatia

Cyprus

Greece

Estonia

Finland

Sweden

Bulgaria

Slovakia

Belgium

Slovenia

Portugal

Hungary

Romania

Lithuania

Denmark

Germany

Netherlands

Luxembourg

Czech Republic

United Kingdom

Source: European Central Bank (ECB) statistical data warehouse

39

Worldline 2016 Registration Document