1. MyBank The simple, safe way to sell on the internet Presentation for web-merchants June 2011

2. For web-merchants Overview What is MyBank? Benefits of MyBank Who is EBA CLEARING? Implementation Plan 2

3. For web-merchants WHAT IS IT?

4. For web-merchants Simplicity and security EBA CLEARING will facilitate the delivery of a solution that provides for a simple and secure customer experience throughout Europe. is a button to be displayed on the website of web- merchants in SEPA as a payment channel option Consumers click on this button to complete their purchase in a secure manner via the online banking channel of their bank MyBank 4 MyBank is a working title during the consultation phase.

5. For web-merchants A secure customer experience 1.When customers click, they select their bank name and are taken to their bank’s online banking log-on page for payment 2.From their secure online banking account, they confirm their payment instruction and are then returned to the retailer’s website  The buyer’s personal bank account data remains with his bank 3.The button will support a guaranteed “Push” payment (credit transfer), but also the creation and update of single or recurring SEPA Direct Debit mandates 4.The merchant receives an ‘authorisation’ in real time and the payment will follow. The first payment instruments supported will be SEPA Credit Transfer and SEPA Direct Debit 5 MyBank

6. For web-merchants Illustration 6 MyBank EBA CLEARING solution.

7. For web-merchants Illustration 7 MyBank

8. For web-merchants Different types of payments This solution will allow the customer to instruct his bank to: Initiate a SEPA credit transfer, which can not be reversed Give the merchant a guarantee that the funds will be transferred Give the merchant a SEPA Direct Debit mandate to allow a single collection or recurring debits of his account Modify or Cancel a SEPA Direct Debit Mandate Authorise a payment via a debit or credit card attached to his bank account 8

9. For web-merchants Different types of services Other types of services can be envisaged: Payment on delivery E-invoices Authorisation of payments in currencies other than euro E-identity services, for example, requesting the bank to confirm the customer’s personal details such as age or address 9

10. For web-merchants MyBank itself is not a payment instrument, it enables existing payment instruments SEPA payment instruments will be the first to be supported. What is MyBank? 10 MyBank

11. For web-merchants Different types of access An Internet-based solution initially designed for use with a browser. But it can also be adapted for web-enabled smart phone apps, or physical devices such as POS terminals. 11 MyBank

12. For web-merchants BENEFITS

13. For web-merchants Adapted to online businesses’ needs As a web-merchant using this solution: You receive a confirmation in real-time from the buyer’s bank that he can pay you You do not have to process or store the buyer’s payment details You reduce the amount of fraud and chargebacks as the buyer is authenticated by his bank. You extend your business to buyers who are reluctant to disclose their payment details on the internet 13

14. For web-merchants Adapted to online businesses’ needs A single, safe and simple pan-European solution to enable online customers to purchase products and services both at national and cross-border level A reduction of the growing amount of online fraud found with existing solutions A solution offered by banks, who buyers trust and with whom they already have a relationship 14

15. For web-merchants WHO IS EBA CLEARING?

16. For web-merchants EBA CLEARING activities EBA CLEARING manages every day the processing of millions of payments across the 31 SEPA countries It owns and operates different payments systems in EURO: –EURO1/STEP1, for individual financial and commercial payments –STEP2, for mass retail payments EBA CEARING’s services are regularly audited and use highly secure technology Please read the full story on our website www.ebaclearing.euwww.ebaclearing.eu 16

17. For web-merchants EBA CLEARING SEPA Payment Services EBA CLEARING’s STEP2 system provides the clearing and settlement of SEPA Credit Transfers and SEPA Direct Debits to banks all over SEPA The EBA CLEARING STEP2 SEPA Credit Transfer (SCT) Service reaches every payment bank in SEPA 5,831 financial institutions are reachable via STEP2 SCT 3,919 financial institutions are reachable via STEP2 SDD Core (SEPA Direct Debit for individuals) 3,290 financial institutions are reachable via STEP2 SDD B2B (SEPA Direct Debit for B2B) 17

18. For web-merchants IMPLEMENTATION PLAN

19. For web-merchants EBA CLEARING has developed a strategy describing the key principles of a pan-European e-services solution that facilitates the banks’ service offerings to their customers when buying and selling on the Internet. The Blueprint document describes the e-service solution, based on the following features: real-time authorisations Web-based and fully secure 4-corner model, open to all PSPs supporting SEPA schemes in a first phase re-usable for various payment instruments and currencies other than EUR Background 19

20. For web-merchants The Blueprint document will serve as a basis for a broad market consultation to better validate the proposition and to take into consideration all relevant stakeholders’ requirements and expectations, in particular the priority for delivery of different components. Based on the input to be received, it is envisaged to form a Pilot Group (November 2011) of willing banks and e-merchants for a Live Pilot in May 2012. Next steps 20

21. For web-merchants Sounds Good. It is expensive, right? Each bank will tailor its commercial offering towards its web- merchants and set its own pricing. In order to be attractive, the standard offering should not be more expensive than local existing solutions or other payment methods.

22. For web-merchants If you want to know more, please ask to receive the Blueprint document on www.MyBankPayments.eu If you have more questions, please contact MyBank@ebaclearing.eu MyBank@ebaclearing.eu You can also get in touch with your bank for more information on how they support the MyBank solution How can I be part of it? 22

23. For web-merchants www.ebaclearing.eu EBA CLEARING 40 rue de Courcelles, F-75008 Paris Tel. +33 1 53 67 07 00