Overview on IME’s vision on MFS and partnership with Sakchyam a part of:

A Day in the life of ‘Gore Dai’

Sounds Great!! Lets Try it. IME’s Wallet* * Proposed

IME REGC GORE DAI Xxx xxx xxxxxx Hi! Our record indicates that you are not currently enrolled in IME Wallet. Reply with “REGC FIRST_NAME LAST_NAME” to register. REGC GORE DAI Thank you for registering with IME Wallet. Your PIN is 1456. We’re here to make your life easy . For more info please visit nearest IME Center or call IME Wallet Customer Care.

Now how do I load cash in my account?

I accept payment from IME Wallet! I need to purchase fruit for tonight. But don’t have additional cash in my wallet Don’t worry, I accept payment from IME Wallet!

Oops! queue is really long. Let me call IME Wallet customer care. Utility Bill Line Oops! queue is really long. Let me call IME Wallet customer care.

IME Wallet Customer Care I can help you with any query you may have regarding IME Wallet.

Its been a long day. I’m tired. Think I need a ride back home I accept IME Wallet too! Come on in!

IME’s Wallet has truly made my life easy IME’s Wallet has truly made my life easy. Its possible to make yours too! Snap

Scope of Mobile Money in Nepal Environmental Factors favoring Mobile Money in Nepal Low Banking Penetration: More than 40% unbanked and under-banked out of total population. (Nepal Finscope Survey 2014) High Mobile Penetration: Mobile penetration has crossed 118% which indicates usage of mobile phone by virtually every Nepali. (NTA’s MIS report of November 2016) Increasing Internet Penetration: internet penetration has reached over 54% of the population indicating the increasing usage of internet and data services by the Nepalese. (NTA’s MIS report of November 2016) Increasing Literacy Rate: As per World Bank Report, adult literacy rate now stands at 62% of adult population which is another favorable signal for mobile money business. Enabling Regulation: Payment & Settlement Bylaw, Licensing policy for payment related institutions paving way for the banks and non-banks to introduce mobile money service; yet to provide operating license

About IME Digital Solution IME Digital Solution Ltd., a subsidiary of IME Group Our objective is ‘to create a sustainable wallet (financial) ecosystem by partnering with MNOs, Banks, agents, merchants in reaching out the under-banked and unbanked population and offer an alternative payment channel to them. Obtained LoI from Nepal Rastra Bank to introduce mobile money service under Licensing Guideline for Payment Related Institutions 2073. Developed the core platform based on international standard mobile money platform architecture, with basic mobile money features like customer enrollment, cash-in/cash-out, P2P, airtime top ups, recharge, merchant payment along with bank account linking.

Why IME Digital is venturing to MFS? Backed by Nepal’s No. 1 Remittance Company, operating since 2001 under NRB license, having an international presence spanning over 25 countries. In-house technological capabilities. Large customer base of remittance receivers. IME has a footfall of over 50,000 remittance receiving customers everyday at its agent locations. Large network of over 5500+ agents in Nepal of which 1000+ are private agent operators and 165 exclusive franchise locations (excluding cooperatives and financial institutions). These 5500+ remittance agents who are experienced in financial services delivery and most importantly cash-rich can be used in the mobile money business for customer enrolments as well as cash-in/cash-in out services

Major Building blocks Build or buy a robust MFS platform with high levels of security standard Train our team/Appoint new members/learn and adopt international best practices Create value proposition for all stakeholders Build the agent network within and beyond IME network and train/onboard and equip them. Build the merchant network and train/onboard and equip them. Build partnerships with MNOs for the usage of communication channels like sms and USSD. Build partnerships with Banks and FIs for multiple product offerings as well as for interoperability. Obtain the license from NRB to commence the service Communicate as well as educate ‘Gore Dai’ as well as customers like him

IME Wallet Ecosystem