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Georges Pauget President of the Monnet Project Association June 15 th , 2011

Georges Pauget President of the Monnet Project Association June 15 th , 2011. 24 different banks from 7 European countries participated in the project to define a pan-European third card scheme. = Participating countries. = No commitment. France. Spain. Finland. Norway.

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Georges Pauget President of the Monnet Project Association June 15 th , 2011

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  1. Georges Pauget President of the Monnet Project Association June 15th , 2011

  2. 24 different banks from 7 European countries participated in the project to define a pan-European third card scheme = Participating countries = No commitment France Spain Finland Norway • Société Générale • La Banque Postale • Crédit Agricole • Crédit Mutuel - CIC • BPCE • BNP Paribas • BBVA • Santander • Banco Popular • Caja Madrid • Banco Sabadell • La Caixa • Banco Cooperativo Sweden Estland Lettland Denmark Litauen Ireland UK Netherlands Poland Germany Belgium Portugal Italy Lux. Czech Republic • SIBS on behalf of Portuguese banks • Unicredit • ICBPI (representative of Italian Popular Banks) • BNL (BNPP) • Intesa Sanpaolo Slovakia France Switzer-land Austria Hungary Slove-nia Portugal UK • (RBS) WorldPay Italy Spain Germany • DZ BANK • Deutsche Bank • Deutsche Postbank Belgium • BNPP Fortis More than 100 bankers were involved in the feasibility analysis

  3. Monnet card corresponds to the requests of European cardholders Value-added services • Real opportunity for cardholders: • Current account balance at ATM • P2P payments • Saving options • Loyalty programme • … • Contact-less payments • Mobile payments • All other channels debit + credit on one card Monnet differentiation All-in-one concept Security • Strong authentication methods for more security: • Two factor authentication • Blocking the card on the Internet • Limiting payment amount • SMS alerts E-commerce solution Market basics / « must-haves » for the new scheme Truly pan-Europeanscheme Core services (as today)

  4. Monnet considers that the differentiated MIF approach is most appropriate for the future Differentiated MIF approach • Identified payment situations: • Pure cash substitution • Remote transactions • Deferred debit and credit transactions • Offline low-value payments • Pre-authorization • Large-value payments • Recurrent payments • Unattended payments One payment situation = One specific level of MIF

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