Mobile RemittancesSecure, Compliant Mobile Money Transfer

®

With over 1.3 billion people living outside their country of

birth, the remittance industry is witnessing an increased

turnover reaching $400 billion annually. The total revenue is

hitting the boarders of $15 billion and increasing.

Banks are noticing the increasing demand for new innovative

and customer oriented services. The Mobile Money transfer is

amongst their top priorities

Introducing en.MoRe

EastNets innovative Mobile Remittance solution (en.MoRe)

provides telecommunication services providers with means to

connect to the financial network, allowing easy to integrate,

fast, reliable and secure communication that allow mobile

subscribers to remit monies over SWIFT network.

en.MoRe provides a unique solution for mobile network

operators by managing the remittance life cycle and

connecting their customers to the financial institutions in the

receiving corridors.

en.MoRe provides an easy and straight forward customer

experience that complies with regulatory requirements.

en.MoRe business processes satisfies the KYC, AML and

financial regulations, yet is an easy to use service.

en.MoRe Key Benefits

• Enables convenient and fast mobile remittances • Secure and reliable• Flexible service framework • Scalable• Robust and transparent• Global reach to over 9000 banks on SWIFT • Fast go-to-market plan • Ready to use solution for MNO’s and Banks • Straightforward integration

en.MoRe: Unique in the Marketplace

Mobile money transfer is becoming one of the important trends in

financial industry. en.MoRe is a unique solution that addresses the

growing demand for financial services from the mobile operators

side, and complies with international banking regulations. en.MoRe

is the connection between the two worlds where the customers

benefit from a convenient, accessible and affordable solution to remit

monies to developing worlds.

• Security: en.MoRe provides non-repudiation and secure

mobile payment transactions from any MNO to any partner bank

on the en.MoRe network. With this capability, en.MoRe enables

secure cross border transactions by millions of mobile users

across the globe.

• Easy to integrate: en.MoRe offers a first-of-its-kind

platform to interconnect global MNOs and hubs to a financial

community of more than 9,000 banks over the SWIFT network.

• Regulatory compliance: en.MoRe capitalize the extensive

experience of EastNets in the anti-money laundry (AML), counter

terrorism financing (CTF). en.MoRe complies with the local and

international cross boarder money transfers.

• Standards: en.MoRe is using an internationally recognized

standards to transform payment requests initiated by the MNO

subscribers into a cash payment request on the other side of the

world. Both banks and mobile network operators will be using

an internationally recognized standards to connect into this

platform.

About EastNets EastNets is a leading provider of global compliance and payment solutions and services with over 1,000 customers in 120 countries. Founded in 1984, EastNets has over 25 years of experience serving financial institutions and corporates around the globe. EastNets provides Compliance Solutions including anti-money laundering and anti-fraud; Resilient SWIFT Solutions for SWIFT FIN/XML reporting, duplicate detection management, disaster recovery, and outsourced SWIFT connectivity with its SWIFT Service Bureau; and Mobile Remittances Solutions enabling secure, compliant mobile remittances. In addition, EastNets delivers a full range of SAA payment architecture consulting, implementation services, training and maintenance to help clients protect, manage and improve their SWIFT environment.

en.MoRe United States Patent and TradeMark Office Provisional Patent Application No: US 61/282,761 date : 03/26/2010 Mobile Payment System and Method Foreign Filing License granted 04/12/2010

info@eastnets.comwww.eastnets.com V 09/11

How Does en.MoRe Work?

The Remittance Flow

• The transaction of mobile remittance starts by sending a

command from the subscriber handset to the MNO network,

where the customer details are verified. The verification

process includes the balance, customer information, service

subscription and so on.

• Upon successful validation the MNO routes the payment

request information to the en.MoRe platform.

• The en.MoRe platform validates the transaction details,

prepares and transforms the payment instruction into a

financial payment request. A set of AML, KYC and compliance

rules apply to the transaction to invalidate any suspicious or

malicious activities

• The bank receives and processes the payment request

• For the beneficiary to collect their transaction, another KYC

validates the receiver.

Financial Settlement, Information and Reconciliation

Process• en.MoRe provides mobile remittance transactions and

reconciliation reports to the MNOs and the global settlement

bank for daily financial settlement.

• MNOs, via their local banks, pay daily settlement amounts to

the global settlement bank.

• The global settlement bank pays the receiving bank.