2. Envoy Services Ltd
• Envoy Services Ltd (Envoy) is a UK incorporated payment technology and service
provider
• Envoy provides services to both online and offline companies requiring localised and
low cost bill collection and payment execution on a cross-border basis
• Envoy is registered with HM Revenue and Customs in the UK as a Money Service
Business (MSB)
• The business provides payment services to a range of sectors and counts FTSE 250
companies among its Merchants

3. What do we do?
• Single point of access for local banking services around the world
• Focus:
– Bank to bank transfers and local proprietary banking products
– Automation and validation to minimise payment fixing and manual processes
– Advanced merchant interfaces and reporting

4. How does it work?

5. Merchant View

6. Merchant View (drill down)

7. Who uses Envoy?
• Retailers
• Collect funds locally
• Reduce chance of fraud
• Offer localised familiar banking services
• Cap banking charges
• Reach more Customers
• Businesses / Corporates
• Improve cash flow
• Decrease banking costs
• Decrease operational costs
• Auto FX
• Individuals
• Efficient use of banking systems to effect safe and secure
transfers

8. Why Envoy?
• Regulated in the UK
• Considerable experience in dealing with bank-specific internet payment
methods
• Utilises the latest technologies and keeps abreast of developments
• Secure, reliable payment platform
• Working directly with banks to improve efficiency
• Operating in over 190 countries
• Working towards Faster Payments (UK) and Payment Institution (EU)
Regulation 2009 – 2010

9. Envoy’s Banking Partners

11. Compliance
• Due Diligence performed on all Clients
• MLRO role established
• AML training and procedures
• Money Service Business under HM Customs and Excise
• Advisors on European Commission –”New Legal Framework for Payments”

12. Technology
• Simple integration
• Highly secure, professionally hosted, redundant, scalable platform
• Full end-to-end implementation available
• Configurable general ledger
• Multi-currency with foreign exchange capability
• Client administration tools and reporting
• Automated billing and operational processes

13. Corporate Aims
• Premier payment service provider to corporate clients
• Low cost but high volume and high quality offering
• Global focus
• Development of new bank-specific (non card) payment
products
• Ongoing commitment to secure, resilient and scalable
technologies
• Providing optimal support and reporting to merchants

14. Retail Purchase Flow Presentation

15. • Customer goes to the online store and chooses goods.

16. • At the checkout process the customer is presented with payment options including local
bank transfer options or local bank payment methods such as Ideal (which is a popular
local payment method in the Netherlands).
• For this example we show only local bank transfer and Ideal.

17. • If the Customer clicks on Fast Bank Transfer they are shown the relevant banks in each
country. They are advised a reference number to quote at their bank when they make the
transfer.

18. • The Customer goes to their bank and initiates a transaction to Envoy’s bank account
quoting the appropriate reference. OR

19. • If there is a real time service available they will probably choose that (in this case we
show Ideal in the Netherlands).

20. • The customer makes their Ideal transfer

21. •The bank transfer transaction appears in the Merchant’s Admin account

22. • Or, if it is a local payment option the transaction details advise it is a local
payment option

23. • The Merchant then provides the goods or service knowing they have received cleared
funds.

25. Payouts
Envoy also offers a payout service – direct to a Customers bank account
to 190 countries around the world.
• Payments to Customers from local banks in their country
• Faster payments
• Cheaper payments
• No landing charges
• Payments made in currency
• Single or batch payments
• Flexible file formats

26. Status update and future plans as of Jan 2009
Real times currently available
Spain - Linea Abierta - La Caixa bank. Estonia – Hanspank – BankLink
Poland – Przelewy 24
Russia - Moneta
Australia - Poli
Germany - Sofortuberweisung
Austria - Sofortuberweisung
Hungary - Abaqoos
Netherlands – Ideal
Nordea.
Coming online within Q1 - 2009:
UK - Poli
Sth Africa – Poli
Belgium MisterCash
Denmark – ewire
Norway – BankAxess
Czech Republic - eBanka
EPS – Austria
Italy – Bank Pass
In addition, we should have the following bank accounts opened and available in the next 4 – 6
weeks:
Iceland – Kaupthing Bank
Mexico – NOW OPEN
Bosnia – Unicredit Bank
Germany – Commerzbank & Deutsche Post
Romania – Raiffeisen Bank
Ireland – AIB
Cyprus – FBME
South Africa – FNB & Nedbank
Hungary – Unicredit Bank
Brazil – Boletos
United States- National City Bank/PNC Bank, Key Bank