FNB ETN on VISAQ NOV25 · JSE:VSETNQ
FNB ETN on VISAQ NOV25 — Visa International — Economist Conference 2004
17 slides from FNB ETN on VISAQ NOV25's conference presentation, Sep 30, 2004
Slide 1: Creating simplicity out of complexity
Creating simplicity out of complexity Visa’s approach to global business Christopher Rodrigues President & CEO Visa International Economist Conference 30 September 2004 London
Slide 2: Visa…the way the world pays
VZKY: Mie Visa...the way the world pays rs a. s ; t
Slide 3: Real underlying momentum
Real underlying momentum Total system volume 2000: US$ 1.5 T 2004: US$ 3.0 T 3
Slide 4: Thirty years of local growth, worldwide
Thirty years of local growth, worldwide From California To 150 countries 4
Slide 5: Thirty years of local cardholder growth
Thirty years of local cardholder growth From 1,000 cardholders To one billion 5
Slide 6: Thirty years of local spending growth
Thirty years of local spending growth US$10,000,000 US$3,000,000,000,000 6
Slide 7: Global business—Local roots worldwide
Global business—Local roots worldwide Any where, any time, and any way for any one. 7
Slide 8: Underpinned by complex systems
Underpinned by complex systems • 25 large mainframe computers • 230 mid-range systems • 300 applications • 50 million lines of code • 100 million transactions a day • 9 million miles of cable/fiber optics 8
Slide 9: A worldwide promise, delivered locally
A worldwide promise, delivered locally Visa Visa Brand Merchant Network Visa Products Visa Brand 9
Slide 10: Thirty years of product development
Thirty years of product development From one payment method To multiple payment choices 10
Slide 11: Facilitating commerce
VZKY:Ee Facilitating commerce —— AM), VISA TT MERCHANT 11
Slide 12: Electronic payments fuel economic growth
Electronic payments fuel economic growth Electronic payment systems • Lower transaction costs • Increase GDP • Reduced frictional costs • Increase government efficiency • Improve financial transparency 12
Slide 13: Room for growth in developed markets
Room for growth in developed markets New market segments • Small transactions • Repeat payments • Healthcare • Commercial cards • Purchasing cards 13
Slide 14: Significant potential in developing markets
Significant potential in developing markets “Effective and efficient payment • Large consumer payment systems are vital markets for the economic development • Underdeveloped credit of emerging countries.” markets ⎯World Bank • Infrastructure costs reduced by new technology • More efficient Governmen
Slide 15: A platform for growth in less developed markets
A platform for growth in less developed markets Providing a turnkey package to: • Introduce electronic payments • Provide legal and regulatory infrastructure • Promote financial literacy • Facilitate credit assessment 15
Slide 16: Changing the context for management
Changing the context for management Card- Merchant holder Card- Merchant holder VISA Issuer/ Acquirer Member s O Issuer Acquirer NG VISA Members as Owners
Slide 17: Dealing with the governance challenge
Dealing with the governance challenge • Private association • Worldwide interest • Five benchmarks – Competition – Sophisticated value exchange – Superior risk management – Increased transparency – Better stakeholder relations 17