This document discusses a two sided network that connects merchants, developers and consumers. The network has over 15 million merchants and developers and more than 192 million active consumer accounts. It processes over 1 billion transactions per quarter and is estimated to have $100 billion in total mobile payments by the end of 2016.

1. Two sided network
MERCHANTS &
DEVELOPERS
CONSUMERS
CONSUMER ENGAGEMENT Increasing
transactions per customer
15 MILLIONS OF
merchants and developers
MORE DATA
More than 1B transactions
per quarter
192M
active customer accounts

2. 2
100 billions $Estimated Total Payments Volumes on mobile by year-end 2016