MSP Sales & Operations Training Class 2009


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Pinnacle Payment Solutions Training
An Elavon payments partner.

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  • MSP Support is available from 8:00 am to 9:00 pm EST. Customer Service is available 24/7 365 days a year. Risk Management & Fraud Control – Our Loss Prevention Department has a sophisticated monitoring system and experienced team to manage risk and fraud. You’ll have the opportunity to visit with Loss Prevention during the facilities tour. Merchant Connect is a web based reporting tool for both you and your merchants to view daily transaction history, monthly statements, and much more. We’ll view Merchant Connect later in the training.
  • Elavon is a Discover Acquirer just like Visa and MasterCard. In the near future we are rolling out a program with American Express similar to Discover acquiring. However, Amex will set the fees and basis points. Right now we have the AMEX ESA program where Elavon will initiate the Amex set up but Amex sets the rates and only authorization revenue is made.
  • The Elavon Host – This is a system called Stratus that routes information between the merchant’s terminal or processing software, the issuing banks and the merchant accounting system. Any Host other than Elavon’s is considered a Foreign Network such as VisaNet, MAPP, and Bypass. The Merchant Accounting System – Elavon uses US Bank's accounting system called MPS or Merchant Processing System. MPS sends the merchant’s transactions to Interchange for Payment, houses the monthly fees, and bills the merchant for their monthly fees, which includes discount rates. Interchange – The Clearing and settlement system where information is exchanged between Elavon and the Issuing bank. The Depository Bank – The bank where the merchant has her Demand Deposit Account or DDA.
  • The Transaction Process consists of two parts: Authorization and Settlement. The first part of the transaction process concentrates on the Authorization of the credit card. First, let’s define what an Authorization is: Authorization: The permission of the Issuing Bank to accept a credit card for payment.” Now that we know what an Authorization is, how do we get one? Transactions can be swiped or hand-keyed through the POS. When card is entered, the POS dials out to obtain authorization through the acquirer’s HOST computer. Once the HOST receives the call, it sends the transaction off to the Card Associations who looks at the first 6 digits of the credit card number, which is called the BIN, or Bank Identification Number to see which bank issued the card. Then, it calls that bank to get authorization for the transaction. If transaction is approved, the POS prints a receipt for the cardholder to sign. If declined, receipt may print stating the transaction was declined. Cardholder will need to call Issuing Bank to find out why the sale was declined.
  • There are two ways that an authorization can occur. The most common way is by gaining an authorization through a terminal or a software. The merchant swipes a card through a magnetic stripe reader or key enters it and the POS system sends the transaction data to the Elavon Host for an authorization. The Host interprets the information and determines where the data should go for authorization, i.e. Visa, Mastercard, AMEX or Discover. The Elavon Host then sends the transaction to the issuing bank through the VISA or Mastercard network or out to the another service such as AMEX. The issuer then sends an approval or some other response back to the Elavon Host and in turn to the merchants POS System. What are some possible Host responses? Approval Code Declined Pick Up Card Call Auth Another way to gain an Authorization is through the Elavon Voice Authorization Center.
  • Now that we are familiar with how the merchant obtains an authorization for a transaction, how do they get paid for it? Lets take a look at the Settlement Process. Merchant must settle their POS to be paid for the transactions. Definition of Settlement : The sending through the Card Associations of the credit card transactions accumulated by the merchant in the POS or Host so the merchant can be paid for them. Both authorization and settlement must happen before a merchant will be paid for the transactions ***The first part of settlement is how the merchant is funded for the transactions that they process. A merchant accepts a transaction and then it is processed through the Elavon Network. The transaction is processed through MPS and then funds are sent via ACH to the merchant’s DDA. NOTE: The Automated Clearing House is a division of the Federal Reserve that sends funds to the DDA. ***The Next part of the settlement process is how Elavon gets paid by the issuing bank for transactions that Elavon has already paid the merchant for. MPS sends the transaction to Interchange. Interchange uses the BIN to identify the bank and then it “filters” the transaction to determine the interchange rate and the cost to Elavon. The transaction is sent to the Card issuing bank and posted to the cardholder’s account. The issuing bank charges Elavon an Interchange fee for the transaction (which covers the issuer’s services). The issuing bank then sends the difference funds and the interchange fee. The Issuing Bank will bill the cardholder or draft their DDA if using a check card.
  • A Code 10 request will allow a merchant to obtain additional information without alerting the cardholder. Code 10 request is a good idea if there is a large shipment to be sent overseas. NOTE: For Code 10 requests for other card types American Express and Discover have different phone numbers AX – 800-528-2121 (verifies names and addresses) DI – 800-341-3102
  • Interchange refers to the money paid from the Acquirer to the debit or credit card issuer for every transaction. In certain circumstances Interchange may be paid from the issuer to the acquirer. The level of interchange is determined by many different factors according to the way the transaction occurred and the type of card used. Interchange balances the card payment system. Interchange Fees are one component of the Merchant Discount Rate, which is paid by merchants to their banks when they accept credit and debit cards for purchases.
  • The more information that is added to the transaction, the better the transaction will qualify. There are 6 categories that can be used for Elavon merchants: Qualified Mid Qualified (or Partial) Non-Qualified Check Card rates Rewards Cards (introduced in April 05) Commercial Non Qualified
  • Terminal programs and features are designed and added by our Terminal Management department to help merchants be more secure and meet their needs based on entry method and card type. Address Verification Service (AVS) Last 4 prompt Key vs Swipe Settlement (Time frame and Auto Close) Customer Code / Tax Folio Number (Lodging) Continue to educate the merchant on how his / her transactions can better qualify through Interchange.
  • A list of sic codes can be located on the InfoCenter. Having the correct sic code will ensure the merchant qualifies at the best and most cost effective interchange category
  • Now on a disc and sent with merchant starter kit Processing Limit: Elavon can set a cap for the $ amount/transaction volume as was set in the merchant application. Elavon can change or modify the amounts at any given time. Term and Termination: 3 years contract Honoring Cards: Merchant must accept international cards for Associations that you have agreed to accept, even if you only choose to accept V or MC
  • Have people turn to the various pages mentioned to get them comfortable with using this as a resource.
  • Have someone read the slide The funds for the disputed transaction are debited from the merchant’s designated checking account. These funds are credited to the cardholder or the issuing bank while the dispute is being resolved. The merchant must provide the documentation that is requested by the Elavon Chargeback Department within the required timeframes. If the Chargeback is successfully disputed then the funds will be credited back to the merchant. NOTE: Chargebacks are 15.00/per transaction not each time that it is represented.
  • Have someone read the slide Merchants have a specific timeframe in which to respond to the retrieval request. If the request was in response to a disputed sale and the merchant fails to respond within the proper timeframes, the dispute will be resolved in favor of the cardholder resulting in a Chargeback. To increase the speed of this process, sales reps are encouraged to setup merchants with the option to receive retrieval requests via fax. This is a fail safe method, if for some reason the fax for a retrieval does not go through, a report is generated at Elavon and the retrieval request is mailed to the merchant.
  • Most common Chargeback reason code – Cardholder does not recognize or did not participate in transaction VISA Chargeback Changes for 2004: All chargeback and retrieval documentation will be electronically transmitted using Visa Resolve Online instead of US mail. Second cycle chargebacks will be eliminated. Issuers will be required to submit a pre-arbitration or file arbitration directly with Visa if they do not agree with the representment. In addition, they will hold liability for the transaction in dispute until resolution. All pre-compliance and pre-arbitration cases will be sent and received electronically using Visa Resolve Online. Chargeback life cycle will be reduced from 315 days (maximum) to 150 days (maximum). Reason codes will be consolidated into 6 groupings. Reason codes will be reduced from 44 to 24. Arbitration cases will be filed electronically using Visa Resolve Online. MasterCard Changes No reported changes at this time
  • Limited trans of 250 for store n forward mode – addendum must be signed by MID 570 supports all paymnet types including ECS and DCC Debit
  • T4210 and T4220 support all payment types including QPS and Contactless T4220: In addition, terminal support check image uploads via the Internet connection eliminating the need for a separate dial phone line for ECS and significantly speeding up the end of day check upload process!
  • NOTE: ECS can only be set up on 1 st MID
  • Proprietary Nova Software
  • Software that user installs on PC Ideal for mail order and telephone order merchants
  • No Restaurant No Elavon PC Product for Restaurant VAR solutions for Restaurant
  • Quickly installed on Merchant’s PC Less than avg priced terminal User friendly Windows based Internet Explorer interface Single source for all payment needs Elavon network
  • Auto settle at designated time Purchasing Card Customer code and tax amount prompts Cards not billed until products are shipped Configure user access
  • Merchants using Quick Books accounting software can process debit and pin debit transactions Merchant types Suppliers, doctors office, telemarketing
  • Host Based – Data stored at Elavon so financial data is protected (Compliant)
  • Currently only Elavon can offer all of the following: process any check (consumer, business, corporate and convenience) any way (POP & ARC) with the proper risk mitigation (Verification, Guarantee, etc.) and clear all checks in accordance with NACHA and VISA POS regulations.
  • Elavon provides a flexible and wide-ranging solution offering available for almost any merchant scenario, including terminal and imaging solutions, PC-based software solutions and even integrated POS solutions. Equipment Elavon ECS can easily support both Point-of-Purchase and ARC processing through a variety of terminal solutions. These solutions use the RDM 6000i check imaging device. PC-based software solutions   Elavon ECS can easily support both Point-of-Purchase and ARC processing through our PC-based software solution, viaWARP. This solution is configured using a Magtek MICRImage check imaging device. Integrated POS solutions Elavon is currently working with leading POS manufactures and VARS to integrate ECS into their POS systems. Solutions currently under development include Elavon Solutions Engineers can work with retailers to develop integration plans to meet their specific POS needs.
  • Merchant is Heli USA Airways Inc
  • Visa, MasterCard, American Express and Discover each offer No Signature Chargeback protection programs for merchants that fall within certain MCC’s (MCC list attached).  If a merchant is setup for Contactless/QPS through MSP Boarding will automatically register them for the program as long as they fall within the MCC requirements indicated on the attached. If they do not qualify for the benefits the merchant may choose to retain their no signature functionality, however they will not receive the no signature chargeback protection benefits.  To set up merchants with QPS/No Signature check "Quickpay (QPS) No Signature" using MSP Fast, select the QPS No Signature option on the Programming Instructions Page. To set up merchants with Contactless check "Contactless" in the Programming Instructions Page on MSP Fast. Using the Merchant Application, please indicate QPS and/or Contactless in the Terminal Prompts section of the Sales Worksheet. (NOTE: If Contactless is selected the ViVOpay4000 should also be disclosed as an equipment type).
  • In 2004, Visa’s P ayment A pplications B est P ractice (PABP) was launched and renamed to PA-DSS by Visa in April 2008. PABP was to assist merchants in data security. PA-DSS is P ayment A pplication D ata S ecurity which has placed a global set of security requirements to help merchants prevent compromise and storage of critical transaction data including mag-stripe data, CVV and/or pin information. Newly boarded merchants must be utilizing a product that is PABP compliant and registered with Visa effective October 1, 2008. A complete listing of the certified applications can be found at . Q: What if your merchant has proprietary or in-house software that they have certified directly to the Elavon network? A: If they are not listed on the Compliant Certification list or available in MSPFast, the vendor will need to supply a letter from Visa or a Qualified Security Assessor (QSA) showing compliance with Visa’s requirements.
  • Please Note: If you have deals out in the field on old paperwork, please provide the information in a cover letter.
  • MSP Sales & Operations Training Class 2009

    1. 1. PPS Sales & Operations Training Class An Elavon Payments Partner
    2. 2. About PPS, Elavon and the Bankcard Industry <ul><li>Best in Class Value Proposition </li></ul><ul><ul><li>Systems Leadership </li></ul></ul><ul><ul><li>Operations and Services Leadership </li></ul></ul><ul><li>Product Leadership </li></ul>An Elavon Payments Partner
    3. 3. Profile <ul><li>Elavon Founded in 1991 </li></ul><ul><ul><li>Became a wholly owned subsidiary of U.S. Bancorp in July 2001 </li></ul></ul><ul><li>A top global merchant processor: </li></ul><ul><ul><li>Processing in 30 countries </li></ul></ul><ul><ul><li>Ranked #1 in merchant locations – over 1,000,000 </li></ul></ul><ul><ul><li>Ranked #1 in network speed and reliability </li></ul></ul><ul><ul><li>Ranked #3 in U.S. merchant processing volume – almost $200B </li></ul></ul><ul><li>Partnered with Pinnacle Payment Solutions in 2003. </li></ul><ul><ul><li>Serving over 1,500 bank clients with more than 15,000 branches </li></ul></ul><ul><ul><li>Converted more than 150 merchant portfolios </li></ul></ul><ul><li>Developed own proprietary processing network </li></ul><ul><ul><li>Authorization, settlement, and all operations functions </li></ul></ul>An Elavon Payments Partner
    4. 4. PPS & Elavon: Best in Class Value Proposition An Elavon Payments Partner
    5. 5. End-to-end Proprietary Global Network <ul><li>One source for all payment processing and service needs - from point of sale to settlement </li></ul><ul><li>24-hour funding on most transactions and payment types </li></ul><ul><li>Consolidated reports and statements </li></ul><ul><li>Quick and seamless conversions </li></ul><ul><li>Support for a variety of front-end authorization methods and back end settlement options </li></ul><ul><ul><li>optimize pricing and service levels </li></ul></ul><ul><li>Comprehensive network monitoring and management </li></ul><ul><ul><li>Automated system sends an alert if a component in the network has failed, then re-directs traffic so processing time is not affected </li></ul></ul>An Elavon Payments Partner
    6. 6. Service Excellence <ul><li>Relationship Management Team </li></ul><ul><ul><li>PPS has an assigned Relationship Manager to help grow the business </li></ul></ul><ul><ul><li>Internal business advocates </li></ul></ul><ul><li>Support Team </li></ul><ul><ul><li>An entire call center support team to assist with Operational tasks on a daily basis </li></ul></ul><ul><li>Industry-leading Customer Service </li></ul><ul><ul><li>Call center available 24/7 </li></ul></ul><ul><li>Risk Management and Fraud Control </li></ul><ul><ul><li>Automated Risk Management System (ARMS) </li></ul></ul><ul><li>Reports Tailored to Merchant’s Needs </li></ul><ul><ul><li>Standard and custom reports </li></ul></ul><ul><ul><li>Desktop access and periodic account reviews </li></ul></ul>Everyone at PPS & Elavon is Focused on You and Your Needs An Elavon Payments Partner
    7. 7. PPS & Elavon Transaction Processing and Settlement An Elavon Payments Partner
    8. 8. The Credit Card Industry Players Card Issuer Consumer Merchant Processor Card Assoc. Acquirer An Elavon Payments Partner
    9. 9. Important Components of a Transaction <ul><li>The Host </li></ul><ul><li>Merchant Processing System (MPS) </li></ul><ul><li>Interchange </li></ul><ul><li>The Depository Bank </li></ul>An Elavon Payments Partner
    10. 10. The Transaction Process <ul><li>The Two Parts of The Transaction Process: </li></ul><ul><ul><li>Authorization – The permission of the Issuing Bank to the merchant to accept a credit card for payment </li></ul></ul><ul><ul><li>Settlement – The process of clearing the credit card transactions through Interchange in order to fund the merchant </li></ul></ul>An Elavon Payments Partner
    11. 11. Transaction Authorization Merchant Issuing Bank An Elavon Payments Partner                                                
    12. 12. Settlement Host An Elavon Payments Partner
    13. 13. Voice Authorization and Code 10 <ul><li>A possible response from the Host is “Call Auth.” This response should prompt the merchant to call Elavon’s Voice Authorization Center for an authorization. This response indicates that the Issuing Bank wants the merchant to call where the Center will either give an approval code or ask for additional information. </li></ul><ul><li>A Code 10 is a term used by the Associations to refer to suspicious or questionable transactions. The merchant can call into the Voice Authorization Center and request a Code 10 for an added level of verification. </li></ul>An Elavon Payments Partner
    14. 14. Interchange <ul><li>What is Interchange? </li></ul>An Elavon Payments Partner
    15. 15. Definition of Interchange and Interchange Fees <ul><li>Interchange refers to the money paid from the Acquirer to the debit or credit card issuer for every transaction. In certain circumstances Interchange may be paid from the issuer to the acquirer. The level of interchange is determined by many different factors according to the way the transaction occurred and the type of card used. Interchange balances the card payment system. </li></ul><ul><li>Interchange Fees are one component of the Merchant Discount Rate, which is paid by merchants to their Acquirer when they accept credit and debit cards for purchases. </li></ul>An Elavon Payments Partner
    16. 16. Interchange <ul><li>Transactions start at the lowest possible category of Interchange and move up in qualification based on the information provided with the transaction. </li></ul><ul><li>The Qualified, Check Card and Rewards Qualified rates reflect the best Interchange categories (lowest rate) that the merchant can obtain based on their industry and card type. </li></ul>An Elavon Payments Partner
    17. 17. So, what does Interchange have to do with terminals? An Elavon Payments Partner
    18. 18. Terminals and Interchange <ul><li>Terminal programs and features are designed and added by our Terminal Management department to help merchants be more secure and meet their needs based on entry method and card type. </li></ul><ul><ul><li>Address Verification Service (AVS) </li></ul></ul><ul><ul><li>Last 4 prompt </li></ul></ul><ul><ul><li>Key vs Swipe </li></ul></ul><ul><ul><li>Settlement (Time frame and Auto Close) </li></ul></ul><ul><ul><li>Customer Code / Tax </li></ul></ul><ul><ul><li>Folio Number (Lodging) </li></ul></ul><ul><li>Educate the merchant on how his / her transactions can better qualify through Interchange. </li></ul>An Elavon Payments Partner
    19. 19. Interchange <ul><li>SIC/ MCC </li></ul><ul><li>Visa and MasterCard have assigned codes to each type of merchant industry. MasterCard calls these codes Merchant Category Codes (MCC) and Visa calls them Standard Industry Codes (SIC). These codes are transmitted with the transaction to help determine qualification requirements. </li></ul>An Elavon Payments Partner
    20. 20. Interchange – Requirements By Industry <ul><li>Retail </li></ul><ul><li>Restaurant </li></ul><ul><li>Mail Order / Telephone Order & E-Commerce </li></ul><ul><li>Lodging </li></ul><ul><li>Supermarket </li></ul>An Elavon Payments Partner
    21. 21. Some Highlights from the Terms of Service <ul><li>Processing Limit – page 3 </li></ul><ul><li>Term and Termination – page 10 </li></ul><ul><li>Honoring Cards – page 17 </li></ul><ul><li>Glossary of Industry Terms – page 43 </li></ul>An Elavon Payments Partner
    22. 22. Some Highlights from the Merchant Operating Guide <ul><li>Planning Ahead for Monthly Fees and Chargebacks – page 3 </li></ul><ul><li>Electronic and Manual Transaction Components – page 9 </li></ul><ul><li>Processing Recurring Payments – page 14 </li></ul><ul><li>Code 10 for International Shipments – page 19 </li></ul><ul><li>Code 10 Procedures – page 29 </li></ul><ul><li>Identifying Valid Cards – page 21 </li></ul><ul><li>Chargebacks – page 32 </li></ul><ul><li>Additional Resources – page 53 </li></ul><ul><li>Glossary – page 55 </li></ul>An Elavon Payments Partner
    23. 23. Chargebacks <ul><ul><li>A Chargeback occurs when a Cardholder or an Issuing Bank disputes a charge. </li></ul></ul><ul><ul><li>Tips for Preventing Chargebacks </li></ul></ul><ul><ul><ul><li>Work with the cardholder to resolve disputes regarding the quality of merchandise or services rendered. </li></ul></ul></ul><ul><ul><ul><li>Refuse to process a transaction when you receive a Declined Code during Authorization. </li></ul></ul></ul><ul><ul><ul><li>Include a description of the goods or services on the transaction Receipt. </li></ul></ul></ul><ul><ul><ul><li>Deliver merchandise or services before charging the Card. </li></ul></ul></ul><ul><ul><ul><li>Include the CVV2/CVC2 and AVS codes for card not present transactions, if applicable. </li></ul></ul></ul>An Elavon Payments Partner
    24. 24. Retrievals <ul><li>A retrieval is a request to the merchant through the Acquirer to provide the sales slip. A sales slip can be requested for a number of reasons including: </li></ul><ul><ul><li>The cardholder is questioning a sale </li></ul></ul><ul><ul><li>The cardholder needs a copy for tax purposes </li></ul></ul><ul><ul><li>The Issuing Bank is questioning the sale </li></ul></ul><ul><ul><li>Retrieval requests can be made by a cardholder’s bank for up to 18 months from the original sale date, making it crucial for merchants to hold onto their receipts until this time </li></ul></ul>An Elavon Payments Partner
    25. 25. The Elavon Chargeback Department <ul><li>101 Employees and 11 Managers in Knoxville </li></ul><ul><li>Receive approximately 51,360 chargebacks monthly totaling $14.9 million </li></ul><ul><li>Receive approximately 20,500 retrievals monthly totaling $9.5 million </li></ul><ul><li>Average retrieval fulfillment rate for last year - 89.5% </li></ul><ul><ul><li>Approximately 10% of all chargebacks received are auto decisioned </li></ul></ul>An Elavon Payments Partner
    26. 26. PPS & Elavon Product Leadership Solutions An Elavon Payments Partner
    27. 27. Product Excellence <ul><li>Payment Solutions </li></ul><ul><ul><li>Credit, debit, EBT, fleet, purchasing cards </li></ul></ul><ul><li>Value-added Solutions </li></ul><ul><ul><li>Electronic Check Service </li></ul></ul><ul><ul><li>Electronic Gift Card </li></ul></ul><ul><ul><li>Dynamic Currency Conversion </li></ul></ul><ul><li>Point-of-Sale Solutions </li></ul><ul><ul><li>POS equipment, software, Internet </li></ul></ul><ul><ul><li>Custom and VAR interfaces </li></ul></ul><ul><li>Reporting Solutions </li></ul><ul><ul><li>Online reporting, ACS, Custom reports </li></ul></ul><ul><li>Support/Operations </li></ul><ul><ul><li>Risk Management & Fraud Control </li></ul></ul><ul><ul><li>Chargeback Research & Retrievals </li></ul></ul>If You Have a Processing Need, PPS & Elavon Has the Solution An Elavon Payments Partner
    28. 28. Solution Delivery <ul><li>Hardware </li></ul><ul><ul><li>Terminals </li></ul></ul><ul><ul><li>PIN pads </li></ul></ul><ul><ul><li>Peripherals </li></ul></ul><ul><li>Software </li></ul><ul><ul><li>PC Software </li></ul></ul><ul><ul><li>Internet Solutions </li></ul></ul><ul><li>Interface Solutions </li></ul><ul><ul><li>Gateway </li></ul></ul><ul><ul><li>VAR interfaces </li></ul></ul><ul><li>Reporting Tools </li></ul><ul><ul><li>MerchantConnect </li></ul></ul>An Elavon Payments Partner
    29. 29. Questions? An Elavon Payments Partner
    30. 30. PPS Point of Sale Terminals and ARU An Elavon Payments Partner
    31. 31. VeriFone <ul><ul><li>Vx510LE multi-merchant capable </li></ul></ul><ul><ul><li>Vx570 multi-app/multi-merchant (10 MIDs) </li></ul></ul><ul><ul><ul><li>Dial or IP </li></ul></ul></ul><ul><ul><ul><li>Internal Pinpad </li></ul></ul></ul><ul><ul><li>Vx610 Wireless Solution </li></ul></ul><ul><ul><ul><li>Sprint CDMA </li></ul></ul></ul><ul><ul><ul><li>Multi-Merchant capable </li></ul></ul></ul><ul><ul><ul><li>Supports Store And Forward </li></ul></ul></ul><ul><ul><ul><li>Internal Pinpad </li></ul></ul></ul><ul><li>PIN pads and Peripherals </li></ul><ul><ul><li>VeriFone PP1000SE </li></ul></ul><ul><ul><li>RDM Check Imager 6014F </li></ul></ul>An Elavon Payments Partner
    32. 32. Hypercom <ul><li>Hypercom </li></ul><ul><ul><li>T7 Plus </li></ul></ul><ul><ul><li>Optimum T4210 </li></ul></ul><ul><ul><ul><li>Dial </li></ul></ul></ul><ul><ul><ul><li>Internal Pinpad </li></ul></ul></ul><ul><ul><li>Optimum T4220 </li></ul></ul><ul><ul><ul><li>Dial or IP (Dual Comm Module) </li></ul></ul></ul><ul><li>PIN pads and Peripherals </li></ul><ul><ul><li>Hypercom P1300 </li></ul></ul><ul><ul><li>RDM Check Imager 6014F </li></ul></ul>An Elavon Payments Partner
    33. 33. RDM Synergy II <ul><li>All-In-One terminal </li></ul><ul><li>Built in Check Imager and Printer </li></ul><ul><li>Multi-merchant capable (10 MIDs Max) </li></ul><ul><li>Dual Side Imaging Capability </li></ul><ul><li>Supports Retail and MOTO industries </li></ul><ul><li>**Requires VeriFone PP1000SE to process PIN Debit/EBT transactions </li></ul>An Elavon Payments Partner
    34. 34. Blue Bamboo Wireless Solutions <ul><li>Blue Bamboo specializes in providing fast, reliable and industry compliant wireless electronic payment technology that enhances mobile workforce productivity and security without the premium cost. </li></ul><ul><li>SIMPLE& RELIABLE </li></ul><ul><li>With its sleek design, the H50 wireless POS Terminal is ideal for businesses operating in mobile environments who need to secure electronic payments in an easy, portable and affordable manner. The H50 has a large menu driven LCD display to quickly navigate through your POS payment applications along with mag-stripe and smart card readers that enable acceptance of credit, debit, gift and loyalty, and stored value cards as required in the field. AFFORDABLE Out of the box, the Blue BambooH50 gives merchants the rich feature set they expect from a wireless payment device without paying the premium cost. By swiping cards at the point­-of-sale, merchants benefit from time savings and enhanced customer experience while increasing sales, reducing processing fees, reducing fraud- and minimizing losses occurring from non-swiped transactions; all of which contribute to a quick return on investment. </li></ul>An Elavon Payments Partner
    35. 35. <ul><li>Other Class A Certified Terminal Solutions including Non-Preferred: </li></ul><ul><li>VeriFone Tranz series without Debit </li></ul><ul><li>Omni-3200/3210 (SE) without Debit </li></ul><ul><li>Omni-3730LE/3750 (SE) without Debit </li></ul><ul><li>All Hypercom T7 series (except T7Plus 19-key) </li></ul><ul><li>Hypercom T8 </li></ul><ul><li>Nurit 2085 with NOS7 </li></ul><ul><li>Nurit 8320 (Dial and IP) </li></ul><ul><li>Synergy I </li></ul><ul><li>Additional supported terminal solutions and information are available on the MSP InfoCenter at . Key words: Product Matrix </li></ul>An Elavon Payments Partner
    36. 36. Audio Response Unit (ARU) <ul><li>Telephone Processing </li></ul><ul><li>Visa, MasterCard, Amex, Diners and Discover ONLY. </li></ul><ul><li>Target Merchants: Mobile and small merchants with limited transactions </li></ul><ul><li>Interchange pricing should be based on NON-Qualified interchange categories </li></ul>An Elavon Payments Partner
    37. 37. Questions? An Elavon Payments Partner
    38. 38. PPS PC and Internet Software Solutions <ul><li>ViaWarp </li></ul><ul><li>Smart Plug-In for QuickBooks </li></ul><ul><li>Virtual Merchant </li></ul>An Elavon Payments Partner
    39. 39. <ul><li>viaWARP is a PC-based point-of-sale solution that uses a high-speed Internet connection to efficiently and cost-effectively process payments and other transactions </li></ul>viaWARP <ul><ul><li>viaWARP </li></ul></ul><ul><ul><ul><li>Supports 1 – 50 Users / MID’s simultaneously </li></ul></ul></ul><ul><ul><li>viaWARP Deluxe </li></ul></ul><ul><ul><ul><li>Supports 1 – 150 Users / MID’s simultaneously OR can be used as an Integration Tool </li></ul></ul></ul>An Elavon Payments Partner
    40. 40. viaWARP Benefits <ul><li>Speed </li></ul><ul><ul><li>Processes transactions in as little as three seconds over a high-speed Internet connection </li></ul></ul><ul><ul><li>Allows MO/TO merchants to send multiple transactions in large batches rather than individually </li></ul></ul><ul><li>Versatile and Scalable </li></ul><ul><ul><li>Provides ability to consolidate information from multiple MID’s or market segments (Retail, MO/TO and Internet) into one reporting and tracking system </li></ul></ul><ul><ul><li>Handles a full array of payment types </li></ul></ul><ul><ul><li>Connects with a broad range of peripherals </li></ul></ul><ul><ul><li>Supports real time or batch processing </li></ul></ul><ul><ul><li>Maintains a detailed transaction history – up to 999 days worth </li></ul></ul><ul><ul><li>Payment information can be integrated with existing business applications </li></ul></ul>An Elavon Payments Partner
    41. 41. <ul><li>Efficient and Cost-Effective </li></ul><ul><ul><li>Can be quickly and easily installed on a merchant’s PC or network server eliminating costly charges for multiple terminals and dedicated phone lines </li></ul></ul><ul><ul><li>Up front investment is less than the cost of a single, average-priced terminal </li></ul></ul><ul><ul><li>Includes all software upgrades, new releases, and technical support for a nominal monthly fee </li></ul></ul><ul><li>Reliable and Easy to Use </li></ul><ul><ul><li>Uses the familiar Windows-based Internet Explorer interface – easy to navigate </li></ul></ul><ul><ul><li>Provides merchants with a single source for all their payment needs </li></ul></ul><ul><ul><li>Utilizes the Elavon network, rated #1 for availability and reliability by Visa® and MasterCard® </li></ul></ul>viaWARP Benefits An Elavon Payments Partner
    42. 42. How viaWARP Works - Or - An Elavon Payments Partner Internet Client Point of Sale Computer PPS & Elavon
    43. 43. Payment Types Supported by viaWARP <ul><ul><li>Credit Card </li></ul></ul><ul><ul><li>Electronic Gift Card </li></ul></ul><ul><ul><li>PIN-based Debit </li></ul></ul><ul><ul><li>PIN-based EBT </li></ul></ul><ul><ul><li>Point-of-Purchase (POP) Electronic Check Service </li></ul></ul><ul><ul><li>Accounts Receivable (ARC) Electronic Check Service </li></ul></ul>An Elavon Payments Partner
    44. 44. viaWARP Features <ul><li>Fraud protection through Address Verification Service </li></ul><ul><li>(AVS) and Card Verification Value (CVV2) </li></ul><ul><ul><li>Protects against fraud on non face-to-face key-entered </li></ul></ul><ul><ul><li>transactions </li></ul></ul><ul><ul><li>Qualifies mail and telephone order merchants for the best </li></ul></ul><ul><ul><li>discount rate available </li></ul></ul><ul><li>Merchants have the ability to customize receipts </li></ul><ul><ul><li>Customer receipts can be imprinted with </li></ul></ul><ul><ul><li>coupons, advertisements, etc. </li></ul></ul><ul><li>Allows storage of recurring and installment </li></ul><ul><li>payment information </li></ul><ul><ul><li>Transactions will be automatically authorized according </li></ul></ul><ul><ul><li>to the selected billing cycle eliminating the need for manual </li></ul></ul><ul><ul><li>re-entry of billing information </li></ul></ul>An Elavon Payments Partner
    45. 45. <ul><li>Automatic Settlement Feature </li></ul><ul><ul><li>viaWARP can be programmed to send authorized transactions to the Elavon Network at a designated time each day </li></ul></ul><ul><ul><li>Merchants never have to worry about transactions downgrading if they forget to settle a batch </li></ul></ul><ul><li>Purchasing Card Capability </li></ul><ul><ul><li>Prompts for Customer Code and Tax Amount (Level II Purchasing Card data) </li></ul></ul><ul><ul><li>Allows transactions to qualify correctly at Interchange, saving merchants the cost of transaction fees </li></ul></ul><ul><li>Correlates MO/TO authorizations with settlements to ensure that cards are not billed until products are shipped – meeting Visa and MasterCard requirements </li></ul><ul><li>Easily configures so that each user only has access to relevant data and reports </li></ul>viaWARP Features An Elavon Payments Partner
    46. 46. Peripherals Supported by viaWARP <ul><li>Magnetic Stripe Readers </li></ul><ul><li>Printers </li></ul><ul><ul><li>Serial </li></ul></ul><ul><ul><li>P250 Format </li></ul></ul><ul><li>Check Imaging Devices </li></ul><ul><ul><li>MICRImager MSR </li></ul></ul><ul><li>PIN pads </li></ul><ul><ul><li>PINpad 1000SE </li></ul></ul><ul><ul><li>PINpad 5000SC </li></ul></ul>An Elavon Payments Partner
    47. 47. viaWARP Technical Requirements <ul><li>Computer: Pentium® II 333 MHz (minimum) </li></ul><ul><li>RAM: 64+ Mb (minimum) </li></ul><ul><li>Disk Space: 100 Mb (minimum) </li></ul><ul><li>OS: Windows® NT 4.0, XP or 2000 </li></ul><ul><li>Browser: Microsoft® Internet Explorer 4.0 SP2+ </li></ul>An Elavon Payments Partner
    48. 48. Main Menu An Elavon Payments Partner
    49. 49. Credit Card Main Authorization Screen <ul><li>The Credit Card Main Authorization screen is where all credit card activity is entered into the program. Each of these values will only be displayed if the current user has the appropriate rights to access the transactions . </li></ul>An Elavon Payments Partner
    50. 50. Once a transaction type is selected, the Enter Card Data screen will be displayed. Key enter or swipe the card through a Magnetic Card reader device (Retail Only) to proceed to the transaction entry screen. An Elavon Payments Partner
    51. 51. Credit Card Sale Transaction An Elavon Payments Partner
    52. 52. Credit Card Sale Transaction Response An Elavon Payments Partner
    53. 53. Credit Card AVS Only Transaction An Elavon Payments Partner
    54. 54. Credit Card Recurring Response Screen An Elavon Payments Partner
    55. 55. Main Batch Settlement Transaction List An Elavon Payments Partner
    56. 56. Credit Settlement Daily Activity GBOK BBBMMDDHHMM – GB = good batch, settlement received OK BBB = batch number 001 through 999 MMDD = month and day of settlement HHMM = Time of settlement An Elavon Payments Partner
    57. 57. Main Batch History Transaction List An Elavon Payments Partner
    58. 58. Questions? An Elavon Payments Partner
    59. 59. SmartPayments Plug-in for QuickBooks <ul><li>Allows merchants using most versions of Intuit’s QuickBooks accounting software to efficiently and cost-effectively process both credit and PIN debit card transactions through the PPS & Elavon Network. </li></ul>An Elavon Payments Partner
    60. 60. Payment Types, Peripherals & Environments <ul><ul><li>Credit Card </li></ul></ul><ul><ul><ul><li>Retail (with mag swipe) </li></ul></ul></ul><ul><ul><ul><li>MO/TO </li></ul></ul></ul><ul><ul><li>PIN-based Debit </li></ul></ul><ul><ul><ul><li>VeriFone PIN Pad 1000SE </li></ul></ul></ul><ul><ul><ul><li>VeriFone 5000SC </li></ul></ul></ul><ul><ul><li>Single Client/PC Installation </li></ul></ul>An Elavon Payments Partner Internet Client Point of Sale Computer PPS & Elavon
    61. 61. Hardware and Software Requirements <ul><li>Intuit QuickBooks 2004 (Pro or Premier Editions); 2005, 2006, 2007 or 2008 </li></ul><ul><li>(Pro, Premier or Enterprise Editions only) </li></ul><ul><li>PC with Microsoft® Windows® 2000, Windows XP or Windows 2003 Server </li></ul><ul><ul><li>128 MB minimum of RAM, 256 MB recommended </li></ul></ul><ul><ul><li>100 MB free space on hard drive, 300 MB recommended </li></ul></ul><ul><ul><li>400 mhz or faster processor </li></ul></ul><ul><li>Microsoft Internet Explorer® v.6 or higher installed </li></ul><ul><li>Latest Microsoft service pack updates installed </li></ul><ul><li>Internet connection </li></ul><ul><li>CD-ROM drive </li></ul>An Elavon Payments Partner
    62. 62. <ul><li>Default view presented by QuickBooks. This is the home screen </li></ul><ul><li>where a merchant would manage their business. </li></ul>An Elavon Payments Partner
    63. 63. <ul><li>Merchant process invoices and sales using the standard QuickBooks </li></ul><ul><li>native screens. </li></ul>An Elavon Payments Partner
    64. 64. <ul><li>Merchants place items or services on the invoice as shown above </li></ul>An Elavon Payments Partner
    65. 65. <ul><li>Once the items or services are added to the invoice (or sales receipt in this example) then the merchant selects the method of payment from the drop down menu. The merchant then selects the Save & Close button at the bottom of the QuickBooks window. </li></ul>An Elavon Payments Partner
    66. 66. <ul><li>The transaction window pops up and allows the merchant to enter card information. The information can be keyed, swiped or pulled directly from the QuickBooks customer database. The merchant then clicks the Process button </li></ul>An Elavon Payments Partner
    67. 67. <ul><li>Then Elavon returns transaction response </li></ul>An Elavon Payments Partner
    68. 68. Questions? An Elavon Payments Partner
    69. 69. VirtualMerchant Secure Hosted Software Solution An Elavon Payments Partner
    70. 70. Introducing VirtualMerchant <ul><li>Complete hosted payment solution that instantly transforms PCs into “virtual” payment terminals. </li></ul><ul><li>Accept a full range of payment types—from credit and debit cards to electronic checks and gift cards. </li></ul><ul><li>Process transactions in physical face-to-face, mail order/telephone order, or e-commerce environments. </li></ul><ul><li>Easily handle recurring and installment payments. </li></ul><ul><li>Reduce the risk and compliance headaches by letting PPS & Elavon protect financial data and ensure that merchants are in compliance with the latest industry security standards and regulations. </li></ul>An Elavon Payments Partner
    71. 71. Face-to-Face and/or E-Commerce Support <ul><li>“ Virtual Terminal” an easy, economical hosted software solution that lets you use any PC with an Internet connection to efficiently and cost-effectively process payment transactions </li></ul><ul><li>“ Buy Button” efficiently and affordably integrates with a shopping cart to securely process e-commerce transactions </li></ul>An Elavon Payments Partner
    72. 72. Hosted Convenience and Versatility <ul><li>Fully hosted by minimizing your security liability and ensuring PCI, CISP and other card association regulations and standards are met – without the need for expensive compliance audits </li></ul><ul><li>No hardware specifications, network infrastructure or software installation required. Can be quickly and easily accessed from any Internet enabled PC </li></ul><ul><li>Software enhancements and updates are received automatically – no software downloads or installation needed </li></ul>An Elavon Payments Partner
    73. 73. Efficient and Cost Effective <ul><li>Utilizes your existing hardware and technical infrastructure, up front investment is less than the cost of a single, average-priced terminal </li></ul><ul><li>Processes transactions in as little as three seconds over a high-speed Internet connection </li></ul><ul><li>Provides capability to process payments in Retail, MO/TO or Internet environment </li></ul><ul><li>Supports an unlimited number of users and Merchant ID’s – serving organizations of any size </li></ul><ul><li>Connects with a broad range of peripherals, such as card swipes, PIN pads and check imagers for acceptance of virtually all payment type </li></ul><ul><li>Maintains a detailed record of up to 12 months of transaction activity </li></ul><ul><li>Eliminates costly charges for multiple terminals and dedicated telephone line </li></ul>An Elavon Payments Partner
    74. 74. VirtualMerchant Features <ul><li>Fraud protection through Address Verification Service (AVS) and Card Verification Value (CVV2) </li></ul><ul><ul><li>Protects against fraud on non consumer-no-present key-entered transactions </li></ul></ul><ul><ul><li>Qualifies mail and telephone order merchants for the best discount rate available </li></ul></ul><ul><li>Correlates MO/TO authorizations with settlements </li></ul><ul><ul><li>Ensures that cards are not billed until products are shipped, meeting Visa and MasterCard requirements </li></ul></ul><ul><ul><li>Eliminates the need to re-key transactions for settlement </li></ul></ul><ul><li>Purchasing Card Capability </li></ul><ul><ul><li>BIN Level Prompting for Customer Code and Tax Amount (Level II Purchasing Card data) </li></ul></ul><ul><ul><li>Allows transactions to qualify correctly, minimizing interchange expense </li></ul></ul>An Elavon Payments Partner
    75. 75. VirtualMerchant Features (cont.) <ul><li>Receipt Customization </li></ul><ul><ul><li>Customer receipts can be printed with, user defined fields, custom headers, custom footers, advertisements, etc. </li></ul></ul><ul><ul><li>Can be configured to print receipts on traditional “roll” type printer, network printer </li></ul></ul><ul><ul><li>Receipts can be delivered electronically through e-mail or can be turned off altogether </li></ul></ul><ul><li>Allows storage of recurring and installment payment information </li></ul><ul><ul><li>Transactions will be automatically authorized according to the selected billing cycle eliminating the need for manual re-entry of billing information </li></ul></ul><ul><li>Multi-entry feature for easy and quick entry of multiple credit or check transactions on one screen </li></ul>An Elavon Payments Partner
    76. 76. VirtualMerchant Features (cont.) <ul><li>Easily configures so that each user only sees or has access only to relevant accounts, transactions, data and reports </li></ul><ul><li>Customizable payment screens </li></ul><ul><ul><li>Unlimited number and size of User Defined Fields available </li></ul></ul><ul><ul><li>Ensures only desired fields are seen, minimizing screen clutter </li></ul></ul><ul><ul><li>Field labels and order can be tailored for individual environments to maximize usability </li></ul></ul><ul><ul><li>Fields can be made mandatory to help minimize downgrades or ensure User Defined Fields are always provided </li></ul></ul><ul><li>Exports common separated value (CSV) data for import into other applications or further analysis, tracking or storage </li></ul><ul><li>Supports “Business Rules” for e-commerce environments </li></ul>An Elavon Payments Partner
    77. 77. Payment Types Supported <ul><li>Credit Card </li></ul><ul><li>Electronic Gift Card </li></ul><ul><li>PIN-based Debit </li></ul><ul><li>PIN-based EBT </li></ul><ul><li>Point-of-Purchase (POP) Electronic Check Service </li></ul><ul><li>Accounts Receivable (ARC) Electronic Check Service </li></ul><ul><li>Dynamic Currency Conversion (retail only) </li></ul>An Elavon Payments Partner
    78. 78. Peripherals Supported by VirtualMerchant <ul><li>Magnetic Stripe Readers </li></ul><ul><li>Printers </li></ul><ul><ul><li>All network/parallel Printers </li></ul></ul><ul><ul><li>P900 and all P250 roll Printers </li></ul></ul><ul><li>Check Imaging Devices </li></ul><ul><ul><li>RDM EC6111f with MSR </li></ul></ul><ul><ul><li>MagTek MICRImager MSR </li></ul></ul><ul><li>PIN pads </li></ul><ul><ul><li>VeriFone PINpad 1000SE </li></ul></ul><ul><ul><li>MagTek IntelliPIN with MSR </li></ul></ul><ul><ul><li>VeriFone PINpad 5000SC </li></ul></ul>An Elavon Payments Partner
    79. 79. Questions? An Elavon Payments Partner
    80. 80. Value Added Services An Elavon Payments Partner
    81. 81. Quickly Growing Industry - Electronic Gift Card - EGC <ul><li>Gift Card Sales </li></ul><ul><ul><li>$55 billion in 2004 </li></ul></ul><ul><ul><li>$85 billion in 2006 </li></ul></ul><ul><ul><li>$97 billion in 2007 </li></ul></ul><ul><li>Adult Consumers Received… </li></ul><ul><ul><li>3.2 gift cards on average in 2004 </li></ul></ul><ul><ul><li>4.6 gift cards on average in 2007 </li></ul></ul><ul><li>Gift cards were the #1 gift during the 2007 holiday season </li></ul><ul><ul><li>61% of gift cards received during the holiday season were redeemed by the end of January </li></ul></ul><ul><ul><li>37% of holiday gift cards remain unused </li></ul></ul><ul><ul><ul><li>Average overall breakage can range from 4-15% </li></ul></ul></ul>An Elavon Payments Partner
    82. 82. An Elavon Payments Partner
    83. 83. Gift Card Facts and Figures <ul><li>Increased Spend </li></ul><ul><ul><li>Most consumers spend 25% more than the face value of the card when redeeming a card received as a gift </li></ul></ul><ul><li>Industry Averages </li></ul><ul><ul><li>3 transactions per card </li></ul></ul><ul><ul><li>1,000 cards annually per location </li></ul></ul><ul><li>More than 1 in 10 consumers said they will buy a gift card for their own use </li></ul><ul><ul><li>Coffee shops, Auto detail, Convenience store, Movie theater </li></ul></ul><ul><li>Reduced Costs </li></ul><ul><ul><li>More efficient and cost effective than paper, where the industry average is $1.22 to issue and $1.22 to redeem </li></ul></ul><ul><li>Increased Security & Reduced Fraud </li></ul><ul><ul><li>Cards have no value until activated </li></ul></ul><ul><ul><li>Retains full face value = no cash back </li></ul></ul>An Elavon Payments Partner
    84. 84. An Elavon Payments Partner
    85. 85. Elavon’s Gift Card Statistics – as of 12/31/08 <ul><li>4588 Gift Card Orders completed in 2008 – 14% growth over 2007 – 54% Basic, 39% Standard, and 7% Custom Orders </li></ul><ul><li>11,374 gift card relationships equaling 20,895 merchants offering gift cards </li></ul><ul><li>4,299,507 transactions processed (3,420,233 processed transactions in 2007) </li></ul><ul><ul><li>24% growth over 2007 YTD comparison </li></ul></ul><ul><li>4,272,789 gift cards in circulation, 1,688,007 active with an outstanding balance of $72,717,738.14 </li></ul>An Elavon Payments Partner
    86. 86. Target Markets <ul><li>Specialty Retail </li></ul><ul><ul><li>Gift shops </li></ul></ul><ul><ul><li>Book/CD/Electronics stores </li></ul></ul><ul><ul><li>Wine/Liquor stores </li></ul></ul><ul><li>Restaurants </li></ul><ul><ul><li>Fine dining </li></ul></ul><ul><ul><li>Coffee shops </li></ul></ul><ul><li>Entertainment </li></ul><ul><ul><li>Movie theaters </li></ul></ul><ul><ul><li>Amusement/recreation </li></ul></ul><ul><ul><li>Video/game rentals </li></ul></ul><ul><li>Personal Services </li></ul><ul><ul><li>Auto detail </li></ul></ul><ul><ul><li>Beauty salon/spa </li></ul></ul><ul><li>Non-Traditional Targets </li></ul><ul><ul><li>Business to Business </li></ul></ul><ul><ul><li>Physicians </li></ul></ul><ul><ul><li>Public Waste Disposal </li></ul></ul>An Elavon Payments Partner
    87. 87. It’s Much, Much More than a Gift… <ul><li>Promotional Marketing Tools </li></ul><ul><ul><li>Discount cards mailed to target prospects </li></ul></ul><ul><ul><li>Gift with purchase </li></ul></ul><ul><li>Fund Raisers </li></ul><ul><ul><li>Sell cards at a discount to schools/non-profits </li></ul></ul><ul><ul><li>More feet on the street selling your brand </li></ul></ul><ul><li>Prepaid Card </li></ul><ul><ul><li>Pay in advance for discount </li></ul></ul><ul><ul><li>Speed at checkout </li></ul></ul><ul><li>Corporate Incentives </li></ul><ul><ul><li>Sell to companies to use as employee incentives </li></ul></ul><ul><ul><li>Use internally for rewards or spiffs </li></ul></ul><ul><li>Customer Appreciation </li></ul><ul><ul><li>Turn service issues into a retention opportunity </li></ul></ul><ul><li>Budgeting Tool </li></ul><ul><ul><li>Limit spend by the cardholder to the value of the card </li></ul></ul><ul><ul><li>Create a “savings” account and add value when able to achieve balance for “goal” purchase </li></ul></ul>An Elavon Payments Partner
    88. 88. Transaction Types <ul><li>Activation </li></ul><ul><ul><li>Notifies the host that the card has been purchased and specifies the card value </li></ul></ul><ul><li>Sale/Redemption </li></ul><ul><ul><li>Card redemption at the merchant notifies the host of the amount to be deducted from the value of the card </li></ul></ul><ul><li>Balance Inquiry </li></ul><ul><ul><li>Provides the current card balance </li></ul></ul><ul><li>Reload/Increment </li></ul><ul><ul><li>Allows value to be added to an active gift card </li></ul></ul><ul><li>Credit/Adjustment </li></ul><ul><ul><li>Credits an active gift card for returned merchandise </li></ul></ul><ul><li>Refund/Cash Back </li></ul><ul><ul><li>Issue cash for a remaining amount on the card or bring the value down to zero for administrative purposes </li></ul></ul>An Elavon Payments Partner
    89. 89. Basic Cards <ul><li>One card style </li></ul><ul><li>DBA name, street address and phone printed on card from system information </li></ul><ul><li>100 cards </li></ul><ul><li>Envelopes included </li></ul><ul><li>Recommended for single location merchants </li></ul><ul><li>Cards shipped within 5 business days! </li></ul>MERCHANT NAME STREET ADDRESS PHONE  Quick  Simple  Effortless An Elavon Payments Partner
    90. 90. <ul><li>Ten card styles (double cards) </li></ul><ul><li>One color logo OR 3 lines of text </li></ul><ul><ul><li>3 text-style options </li></ul></ul><ul><ul><li>10 imprint color options </li></ul></ul><ul><li>Order the quantity needed </li></ul><ul><ul><li>200, 500, 1000 </li></ul></ul><ul><li>Envelopes included </li></ul><ul><li>Cards shipped within 2-3 weeks from proof approval </li></ul>Standard Cards  Fast  Easy  Flexible An Elavon Payments Partner
    91. 91. Custom Cards <ul><li>Totally customized design </li></ul><ul><ul><li>Full color front/black back </li></ul></ul><ul><ul><li>Design services available ($75/hr) </li></ul></ul><ul><li>Minimum order quantity of 500 </li></ul><ul><li>Cards only (carriers and envelopes sold </li></ul><ul><li>separately) </li></ul><ul><li>Cards shipped within 4-6 weeks from </li></ul><ul><li>proof approval for orders less than </li></ul><ul><li>25,000 cards </li></ul> Branded  Unique  Variable An Elavon Payments Partner
    92. 92. Standard Features <ul><li>No Preset Card Limit </li></ul><ul><li>One Display Rack Per Location </li></ul><ul><li>Online Balance Inquiry Portal </li></ul><ul><ul><li>Can be added to merchant website to allow consumers to check balances and view card history </li></ul></ul><ul><li>Consumer IVR/ARU </li></ul><ul><ul><li>Cardholders can call automated service to check balances – FREE! </li></ul></ul>Generic Customized – additional set up fee applies An Elavon Payments Partner
    93. 93. Merchandising Materials <ul><li>Additional Display Racks </li></ul><ul><li>Posters/Buttons Kit </li></ul><ul><ul><li>2 posters </li></ul></ul><ul><ul><li>10 buttons </li></ul></ul><ul><li>Card Badge </li></ul><ul><ul><li>Standard is same style as gift card ordered, NO customization </li></ul></ul><ul><ul><li>Custom badges MUST be ordered at the time of cards and matches custom card design </li></ul></ul>An Elavon Payments Partner
    94. 94. Card Carriers and Envelopes <ul><li>Mix/Match in Increments of 100 </li></ul><ul><li>5 Occasions, 12 Styles </li></ul>An Elavon Payments Partner
    95. 95. Primary Reporting <ul><li>Transaction Report </li></ul><ul><ul><li>Summary of activity by transaction type </li></ul></ul><ul><ul><li>Emailed daily to primary location </li></ul></ul><ul><li>Liability Report </li></ul><ul><ul><li>Outstanding balance on all cards issued </li></ul></ul><ul><ul><li>Can be run by card group to obtain balances for different card types, promos, etc. </li></ul></ul><ul><ul><li>Emailed monthly to primary location </li></ul></ul>An Elavon Payments Partner
    96. 96. Cardholder Self-Service <ul><li>Online Balance Inquiry and Transaction History </li></ul><ul><ul><li>Link to merchant website </li></ul></ul><ul><ul><li>Window customized with look/feel </li></ul></ul><ul><li>Transaction history information </li></ul><ul><ul><li>Card number </li></ul></ul><ul><ul><li>Card balance </li></ul></ul><ul><ul><li>Transaction type </li></ul></ul><ul><ul><li>Date/time of transaction </li></ul></ul><ul><ul><li>Transaction amount </li></ul></ul><ul><ul><li>Currency exchange (if applicable) </li></ul></ul><ul><ul><li>Expiry date (if applicable) </li></ul></ul><ul><ul><li>Store location </li></ul></ul><ul><li>Toll-Free Balance Inquiry </li></ul><ul><ul><li>Obtain current balance information </li></ul></ul>An Elavon Payments Partner
    97. 97. Cardholder Self-Service <ul><li>Card Loss Protection </li></ul><ul><ul><li>Report lost card </li></ul></ul><ul><ul><li>Check balance </li></ul></ul><ul><ul><li>Add/delete card </li></ul></ul><ul><ul><li>Edit profile </li></ul></ul><ul><ul><li>Change password </li></ul></ul>An Elavon Payments Partner
    98. 98. Conversation Starters <ul><li>Do you currently offer paper gift certificates? </li></ul><ul><li>How are merchandise returns handled in your business? </li></ul><ul><li>What percent of your business comes from repeat customers? </li></ul><ul><li>How do you promote your business? </li></ul><ul><li>Have you considered selling gift cards to corporate clients to use as employee incentives? </li></ul>An Elavon Payments Partner
    99. 99. How to contact EGC Boarding <ul><li>Email </li></ul><ul><ul><li>Artwork Submission: [email_address] </li></ul></ul><ul><ul><li>Boarding Questions: [email_address] </li></ul></ul><ul><li>Phone: Ext: 8045; 865-403-8045 (Team Extension) </li></ul><ul><li>Fax: 865-403-5335 </li></ul><ul><li>Mail: 7300 Chapman Highway (MK-TN-NOK1) </li></ul><ul><ul><ul><ul><ul><li>Knoxville, TN 37920 </li></ul></ul></ul></ul></ul>An Elavon Payments Partner
    100. 100. Questions? An Elavon Payments Partner
    101. 101. Electronic Check Service An Elavon Payments Partner
    102. 102. The Era of the Electronic Check <ul><li>Checks account for approximately half of all consumer expenditures in the U.S. </li></ul><ul><ul><li>Estimated 36 billion checks written annually </li></ul></ul><ul><li>Retailers search for more efficient means to process checks </li></ul><ul><ul><li>Paper handling and fraud </li></ul></ul>An Elavon Payments Partner
    103. 103. The Case for Conversion <ul><li>Extensive handling by financial institutions and retailers makes paper expensive </li></ul><ul><ul><li>6 to 12 touches per check, on average </li></ul></ul><ul><li>Check fraud and collected funds are costly for retailers and other businesses </li></ul><ul><li>Electronic checks offer reduced handling and risk </li></ul>An Elavon Payments Partner
    104. 104. <ul><li>Faster Access to Funds </li></ul><ul><li>Reduced Costs & Labor </li></ul><ul><li>Single Depository Bank Relationship </li></ul><ul><li>Minimized Risk </li></ul><ul><li>Improved Reporting </li></ul>ECS Benefits to Retailers An Elavon Payments Partner
    105. 105. Sample Cost Savings <ul><li>Merchant Profile </li></ul><ul><li>Checks/Year 1,091,175 </li></ul><ul><li>Number of Locations 1,795 </li></ul><ul><li>Average Check Amt $59 </li></ul><ul><li>Check Volume (%sales) 25% </li></ul><ul><li>ECS Cost Savings </li></ul><ul><li>Costs Savings Total $2,376,872 </li></ul><ul><li>Cost Savings/Check $2.18 </li></ul><ul><li>Cost Savings (%) 63.2% </li></ul>Data taken from actual merchant An Elavon Payments Partner
    106. 106. Only PPS & Elavon ECS…. <ul><li>Through the appropriate “rail” </li></ul><ul><ul><li>Direct DDA Access </li></ul></ul><ul><ul><li>ACH conversion </li></ul></ul><ul><ul><li>Check Replacement Document </li></ul></ul><ul><li>Presented any way </li></ul><ul><ul><li>At the point of sale (POP) </li></ul></ul><ul><ul><li>Through the mail / drop box (ARC) </li></ul></ul>An Elavon Payments Partner
    107. 107. Checks Supported with ECS <ul><li>Checks Supported with ECS –ONLY if using the RDM Synergy II with dual side imaging </li></ul><ul><li>Money orders </li></ul><ul><li>U.S. treasury checks </li></ul><ul><li>Cashier’s checks </li></ul><ul><li>Federal Reserve checks </li></ul><ul><li>Government Checks </li></ul><ul><li>Payroll checks </li></ul><ul><li>Third-party checks </li></ul><ul><li>Travelers checks </li></ul><ul><li>Consumer checks </li></ul><ul><li>Business Checks </li></ul><ul><li>Corporate Checks </li></ul><ul><li>Convenience Checks </li></ul>An Elavon Payments Partner
    108. 108. Point of Purchase (POP) Solution <ul><li>Enables merchants to convert consumer check payments received in a face-to-face environment into electronic transactions </li></ul><ul><ul><li>Consumer present/Check present </li></ul></ul><ul><ul><li>Online real-time </li></ul></ul><ul><ul><li>Utilizes combination of Visa’s POS Check network, the ACH network and Check Replacement Documents (CRDs) for presenting and clearing </li></ul></ul><ul><ul><li>Real-time access to more than 35 million accounts representing 30% of DDA’s nationwide with a potential for 90% of the DDAs in the U.S. </li></ul></ul>An Elavon Payments Partner
    109. 109. Accounts Receivable Conversion (ARC) Solution <ul><li>ARC is used for check present/consumer absent transaction environments </li></ul><ul><ul><li>receivable payments </li></ul></ul><ul><ul><li>mail order receivables </li></ul></ul><ul><ul><li>drop-box/lock-box environment </li></ul></ul><ul><li>Customers are provided a notice explaining that checks will be processed electronically </li></ul><ul><li>Offer Consumer Opt Out Service with PC Solution </li></ul><ul><li>Utilizes the ACH network and Check Replacement Documents (CRD’s) presenting and clearing </li></ul><ul><ul><li>Online real-time or batch delivery of transactions </li></ul></ul>An Elavon Payments Partner
    110. 110. ECS Service Level Options <ul><li>Conversion with Guarantee </li></ul><ul><ul><li>Checks are converted into electronic transactions and all funds are guaranteed </li></ul></ul><ul><ul><li>All paperwork is eliminated – no follow-up needed from merchants </li></ul></ul><ul><ul><li>The retailer assumes no risk for all qualified and approved transactions </li></ul></ul><ul><li>Conversion with Verification </li></ul><ul><ul><li>Checks are imaged and converted into electronic transactions </li></ul></ul><ul><ul><li>Routed for verification either through the participating Visa bank or through EnCircle for ACH submission </li></ul></ul><ul><ul><li>Retailer retains the risk of returned items for all transactions </li></ul></ul><ul><li>Conversion with Verification and Collections </li></ul><ul><ul><li>Offers all the advantages of conversion and verification, while eliminating the need for businesses to perform their own collection activity </li></ul></ul><ul><ul><li>Retailers retains the risk on returned items, but will have all monetary returned items automatically handled by EnCircle Collections after the first resubmission. </li></ul></ul>An Elavon Payments Partner
    111. 111. ECS Service Level Options (cont’d) <ul><li>NSF Service Fee Processing </li></ul><ul><ul><ul><li>All service levels except Conversion with Guarantee support the ability to electronically resubmit transactions that have been returned for non-sufficient funds, electronically collect an NSF service fee from the consumer’s account, and automatically fund the business’s account with these fees—eliminating the labor and lengthy time-to-collection of manual systems. </li></ul></ul></ul><ul><ul><ul><li>NSF Service fee not available with ARC. </li></ul></ul></ul>An Elavon Payments Partner
    112. 112. Competitive Comparison An Elavon Payments Partner
    113. 113. PPS & Elavon ECS: The ONLY Flexible Solution Provider Service PPS &Elavon Certegy Telecheck ECS with Guarantee    ECS with Verification  ECS with Verification and Collections  All in one processing check/credit/debit   Funding in 24-48 hours Consolidated reporting  All at a Competitive Price! Business check acceptance and conversion  An Elavon Payments Partner
    114. 114. ECS Solution Options <ul><li>Terminal/imaging solutions </li></ul><ul><ul><li>VeriFone Omni 3730LE/VX510, 3750 & 3750 IP/VX570 </li></ul></ul><ul><ul><li>- Hypercom T7Plus, T4100 </li></ul></ul><ul><ul><li>RDM 6014f Imager </li></ul></ul><ul><li>PC-based software solutions </li></ul><ul><ul><li>viaWARP with RDM 6111f Imager </li></ul></ul><ul><ul><li>Virtual Merchant with RDM 6111f Imager </li></ul></ul><ul><li>Integrated POS solutions </li></ul><ul><ul><li>IBM imager & IBM ACE software </li></ul></ul><ul><ul><li>Epson imager </li></ul></ul><ul><ul><li>VAR interface solutions </li></ul></ul>An Elavon Payments Partner
    115. 115. Dynamic Currency Conversion An Elavon Payments Partner
    116. 116. Dynamic Currency Conversion <ul><li>Allows U.S. merchants to offer international Visa and MasterCard cardholders the option to pay in their home currency </li></ul><ul><li>Conversion is done at a competitive exchange rate at the POS </li></ul><ul><li>Receipt reflects: </li></ul><ul><ul><li>Sale amount in USD </li></ul></ul><ul><ul><li>Conversion rate for the day </li></ul></ul><ul><ul><li>Home currency equivalent </li></ul></ul><ul><li>Cardholder’s credit card is billed in exactly the amount that appears on the receipt </li></ul>An Elavon Payments Partner
    117. 117. Currency Conversion Comparison ISSUER CONVERSION Elavon DCC ACTUAL POS RECEIPT STATEMENT FEE $$$ 88.66 (Includes Conversion fee) Shares % with Merchant/Partners 1 US Dollar = 0.854199 Euro 1 US Dollar = 0.854199 Euro 88.66 Keeps Conversion Fee Includes Conversion Fee An Elavon Payments Partner Issuer
    118. 118. <ul><li>CURRENCIES </li></ul><ul><li>Australian dollar (AUD) </li></ul><ul><li>Canadian dollar (CAD) </li></ul><ul><li>euro (EUR) </li></ul><ul><li>Japanese yen (JPY) </li></ul><ul><li>British pound (GBP) </li></ul> DCC Receipts Amount in Merchant’s Currency Amount in Cardholder’s Currency Exchange Rate RETAIL RESTAURANT An Elavon Payments Partner
    119. 119. DCC Merchant Statement / Rebate Fee/Charges Category Fee Summary Visa/MasterCard Charges 6.32 DCC Rebate 1.54 – Total Charges and Fees 4.78 An Elavon Payments Partner
    120. 120. DCC Value Proposition – Consumer & Merchant <ul><li>Consumer </li></ul><ul><ul><li>Instant conversion to prices they can easily understand </li></ul></ul><ul><ul><li>Very competitive exchange rates updated daily </li></ul></ul><ul><ul><li>No shocks when credit card bill is received </li></ul></ul><ul><ul><li>No additional hidden foreign exchange commission charges to the cardholder </li></ul></ul><ul><li>Merchants </li></ul><ul><ul><li>New source of revenue </li></ul></ul><ul><ul><ul><li>Elavon will rebate a percentage of the foreign exchange conversion back to the merchant </li></ul></ul></ul><ul><ul><li>Fewer Chargebacks – since the Cardholder is not disputing an amount that he/she does not recognize </li></ul></ul>An Elavon Payments Partner
    121. 121. DCC Value Proposition - MSP <ul><li>Retention hook for existing customers </li></ul><ul><ul><li>Add DCC and you and your merchants share in a new revenue stream </li></ul></ul><ul><li>New hook to attract new merchant processing customers </li></ul><ul><ul><li>Swipe rates are minimized when you’ve got 50-75bp to play with! </li></ul></ul><ul><ul><li>Removes the “me too” offers by adding a differentiator for the right target audiences </li></ul></ul>An Elavon Payments Partner
    122. 122. PPS & Elavon’s DCC Product Offerings <ul><li>All preferred terminals except Synergy </li></ul><ul><ul><li>Retail application </li></ul></ul><ul><ul><li>Restaurant application </li></ul></ul><ul><li>Virtual Merchant POS </li></ul><ul><li>Free Service </li></ul><ul><ul><li>No upfront service cost </li></ul></ul><ul><ul><li>No monthly fees </li></ul></ul><ul><ul><li>No per-item transaction fees </li></ul></ul><ul><li>MSP/Merchant Rebate </li></ul><ul><ul><li>MSP receives 1% rebate to be shared with merchant </li></ul></ul><ul><ul><li>Recommend 50bp-75bp merchant rebate </li></ul></ul><ul><ul><li>Merchant Rebate reflected on monthly statement; balance credited to MSP residuals </li></ul></ul>An Elavon Payments Partner
    123. 123. DCC Terms of Service <ul><li>Restricted MCC Categories </li></ul><ul><ul><li>Direct marketing/catalog merchants </li></ul></ul><ul><ul><li>Auto rental </li></ul></ul><ul><ul><li>Lodging </li></ul></ul><ul><ul><li>Cash Advance </li></ul></ul><ul><li>MO/TO Rules </li></ul><ul><ul><li>Must auth & settle same day – no delayed shipping </li></ul></ul><ul><ul><li>Clerks must communicate the USD amount, conversion rate, and home currency amount verbally (from the receipt) prior to completing the sale </li></ul></ul><ul><li>E-Commerce </li></ul><ul><ul><li>Customer is presented with total amount in USD and home currency and is prompted to approve the conversion </li></ul></ul>An Elavon Payments Partner
    124. 124. Foreign Travel Market Statistics <ul><li>International visitation to the U.S. in 2002 was 41.9 million </li></ul><ul><ul><li>#1 United Kingdom </li></ul></ul><ul><ul><li>#2 Japan </li></ul></ul><ul><li>International travelers generated $80.2 billion in travel expenditures in the U.S. in 2003 </li></ul>An Elavon Payments Partner
    125. 125. DCC Target Markets <ul><li>Retail / Restaurant Merchants in tourist areas </li></ul><ul><li>Colleges/Vocational Schools </li></ul><ul><li>Medical Services </li></ul><ul><li>Theme parks </li></ul><ul><li>Ski resorts </li></ul><ul><li>Golf resorts </li></ul><ul><li>Marinas </li></ul><ul><li>Tour operators – helicopter, trolley, horseback, bus, walking </li></ul><ul><li>Adventure sports – rafting trips, balloon rides, skydive, scuba/snorkel, boat rentals </li></ul><ul><li>Museums and Art Galleries </li></ul><ul><li>Specialty Retailers </li></ul><ul><ul><li>Jewelry </li></ul></ul><ul><ul><li>Auto/motorcycle parts/accessories/dealers </li></ul></ul><ul><ul><li>Computer/camera/photo supplies </li></ul></ul><ul><ul><li>Golf equipment </li></ul></ul><ul><ul><li>Home furnishings (for part-time residents with second homes) </li></ul></ul>An Elavon Payments Partner
    126. 126. PPS & Elavon DCC Sample Merchant 1 <ul><li>Location: Las Vegas, NV </li></ul><ul><li>Business: Helicopter Tours </li></ul>Average Monthly Bankcard Volume: $591k Foreign Convertible Volume: $408k Average Monthly Processing Costs: $12,500 Actual DCC Rebate: $3,000 An Elavon Payments Partner
    127. 127. PPS & Elavon DCC Sample Merchant 2 <ul><li>Location: San Francisco, CA </li></ul><ul><li>Business: Dentist, Orthodontist </li></ul>Average Monthly Bankcard Volume: $47.9k Foreign Convertible Volume: $39.5k Actual Monthly Processing Costs: $1,278 DCC Rebate: $297 An Elavon Payments Partner
    128. 128. The Right Merchant Can Be Very Profitable! and that doesn’t even include U.S. bankcard volume!! An Elavon Payments Partner
    129. 129. Questions? An Elavon Payments Partner
    130. 130. Contactless Payments An Elavon Payments Partner
    131. 131. Contactless and Quick Payment Service <ul><li>The card data is read via a secure chip, and often times the account number on the chip is different than the number on the mag-stripe or front of card.  This is an added security feature.   For this reason Contactless read cards do not require last 4 digit prompting (which speeds up the transaction). </li></ul><ul><li>Contactless program requires contactless reader (i.e. VIVOpay 4000 or 4500) </li></ul><ul><li>With Contactless transactions under $25, consumers do not need to hand their card to the clerk. This reduces the possibility of employee fraud and / or the consumer simply forgetting to retrieve their card before leaving the merchant location. </li></ul><ul><li>Contactless Target markets include Quick Service Restaurants (QSR), Fuel, Parking Facilities, Supermarkets, Drug Stores, Mass Transit and Theaters </li></ul>An Elavon Payments Partner
    132. 132. Top US Card Issuers Started Issuing Contactless More Than 30 Million Cards Have Been Issued An Elavon Payments Partner * *
    133. 133. Questions? <ul><li>Thank you. </li></ul>An Elavon Payments Partner
    134. 134. Value Added Resellers An Elavon Payments Partner
    135. 135. Select Value Added Resellers <ul><li> </li></ul><ul><li>Go Software </li></ul><ul><li>Micros </li></ul><ul><li>Plug & Pay </li></ul><ul><li>Skipjack </li></ul><ul><li>Shift 4 </li></ul><ul><li>Squirrel </li></ul><ul><li>VeriSign Payment Services </li></ul><ul><li>Exadigm </li></ul><ul><li>Way Systems </li></ul>An Elavon Payments Partner
    136. 136. VAR- Database (Value-Added Reseller) <ul><li> </li></ul>An Elavon Payments Partner
    137. 137. New VAR Requirements <ul><li>All applications submitted with a distributed software product must include the “VAR Vendor”, “VAR Product”, “VAR Version”, and “VAR Gateway” </li></ul><ul><li>Any application that includes a distributed software product found on the Visa prohibited payment application list will be pended. </li></ul><ul><li>Any application that includes a VAR Vendor, Product and Version NOT listed on the Visa approved payment application list will be pended (Beginning November 10, 2008). If you have a document from an assessor or Visa showing certification, please provide with application submission. </li></ul>An Elavon Payments Partner
    138. 138. New VAR Requirements <ul><li>If using MSP FAST, below is an example of the requirement for Distributed Software. </li></ul>An Elavon Payments Partner
    139. 139. New VAR Requirements <ul><li>All applications submitted with a Host or Web based (Non Distributed) product must include the VAR Service Provider on page two of the merchant application.  The VAR Software and VAR Version will not be required. </li></ul>An Elavon Payments Partner
    140. 140. New VAR Requirements <ul><li>If using MSP FAST, below is an example of the requirements for Host or Web Based Service Providers. </li></ul>An Elavon Payments Partner
    141. 141. New VAR Requirements <ul><li>Both the Visa Approved Payment Application List and Service Provider List are available through the following link: </li></ul><ul><li> </li></ul>An Elavon Payments Partner
    142. 142. Credit Underwriting An Elavon Payments Partner
    143. 143. Application Packet <ul><li>Merchant Application </li></ul><ul><li>Voided Check </li></ul><ul><li>Proof of Business Existence </li></ul><ul><li>Signed MPA </li></ul><ul><li>Processing Statements (moto/internet currently processing) </li></ul><ul><li>Applicable Financial Statements </li></ul>An Elavon Payments Partner
    144. 144. Proof of Existence <ul><li>Completed on-site survey </li></ul><ul><li>Business license </li></ul><ul><li>Yellow page advertisement </li></ul><ul><li>Photos of business signage </li></ul><ul><li>Three months of current processing statements </li></ul><ul><li>3 rd party prepared business financials or tax returns </li></ul><ul><li>12 months of business checking account history </li></ul><ul><li>Internet website registered to merchant (internet only) </li></ul><ul><li>Phone bill or utility bill </li></ul><ul><li>Proof of tax exempt status </li></ul><ul><li>Articles of Incorporation </li></ul><ul><li>Copy of Federal Tax Identification paperwork </li></ul>An Elavon Payments Partner
    145. 145. Decision Factors <ul><li>Products/services? </li></ul><ul><li>What environment does merchant conduct business? </li></ul><ul><li>Average Ticket & Monthly Volume? </li></ul><ul><li>Business Structure for Tax Purposes? </li></ul><ul><li>Can business or owner support risk exposure? </li></ul><ul><li>Tax Liens or bankruptcy? </li></ul><ul><li>Does the business exist? </li></ul><ul><li>Is their an Additional Location? </li></ul><ul><li>Is the business seasonal? </li></ul>An Elavon Payments Partner
    146. 146. Internet Requirements <ul><li>Merchant’s DBA </li></ul><ul><li>Products with prices in U.S. dollars </li></ul><ul><li>Customer service number or email address </li></ul><ul><li>Return/refund policy clearly stated </li></ul><ul><li>Delivery methods and timing clearly described </li></ul><ul><li>Privacy policy is outlined </li></ul><ul><li>Secure check out page (where credit card info is entered) </li></ul><ul><li>** Conditional approval for missing secure check out page </li></ul>An Elavon Payments Partner
    147. 147. TIER II Guide <ul><ul><ul><li>Annual sales volume up to $6 million (estimate) </li></ul></ul></ul><ul><ul><ul><li>Average Ticket Maximum $500 </li></ul></ul></ul><ul><ul><ul><li>No prohibited business types; restricted considered as credit exception. Focus is on restaurants, grocery, bakeries, hair/nail/beauty salons, retail clothing, card and gift shops </li></ul></ul></ul><ul><ul><ul><li>Swipe business is preferred, Non-Swipe merchants acceptable as an exception to policy </li></ul></ul></ul><ul><ul><ul><li>Delayed delivery merchants not acceptable (cards processed before goods provided) </li></ul></ul></ul><ul><ul><ul><li>No credit or low credit score considered (low credit score does not include negative credit). (E2 Visa required for foreign nationals) </li></ul></ul></ul><ul><ul><ul><li>Start-up retail businesses acceptable. (MOTO/Internet must be in business 1 year, and is an exception to policy) </li></ul></ul></ul><ul><ul><ul><li>Merchants are Capped with no potential for increase until 6 month Elavon processing history established </li></ul></ul></ul><ul><ul><ul><li>Merchants will be placed on daily discount </li></ul></ul></ul>An Elavon Payments Partner
    148. 148. Restricted vs Prohibited An Elavon Payments Partner
    149. 149. Thank You An Elavon Payments Partner