Objective Analysis of Business Update 14/10, page-240

USA with continue to go gangbusters for the next 2 years if you base it on what Australia did, especially with the addition of the instore product. UK is a bit of a mystery and then we will have the addition of Canada. The kicker is any extra announcements (such as the link with ApplePay today) with other partnerships (Tencent, etc) and new countries. I agree that it is pricey at the moment and a lot of the next few years growth is factored in but we got to look further into the future