BACKGROUND PERSPECTIVE

Broad consumer reach
Mobile penetration exceeding 100% across major markets
1 billion mobile phones sold in 2007
Mobile penetration more than double US home internet access

Rapid adoption of new transacting technologies
Credit card transactions now exceeding cash1
EFTPOS usage increased 1958% since 1993
ATMs installed base increased 468% since 1993
Online transacting up 40% in two years (Nielsen 2007)

Strong demand for mobile transacting
33 million mobile payment users in 2008
104 million users in 2011 (Gartner 2008)
57% of US mobile users seeking mobile payments



SALT is at the forefront of a new wave in retail transacting