Virtual e Wallet
Domestic & International
Manage your Take your banking to a
whole new level.
money with ease
Think of Virtual Wallet
and organization. as a high-definition
view of your money —
What makes Virtual Wallet so unique you’ll have a clearer
(and essential) is what it comes with.
There are tons of features you may picture of your
usually take for granted built right in: finances and a better
Payroll Delivery (No More Checks)
Online Bill Pay, Overdraft Protection, understanding of your
Reminders,, a high-yield savings
account, even the ability to quickly financial status. Virtual
transfer funds between accounts. Wallet puts the control
And that’s not even getting into the
good stuff like the Medical Program in your hands.
& Credit Rebuilding Services.
The funds for each and all of the Virtual Cards (e-Wallet) are commingled
and held in a single FDIC insured bank account.
The Money Remitters settle the funds for the previous day’s activity via
ACH and deposits the total dollars in our Bank Account created especially
for the virtual cards.
In turn, our HOST system manages all of the individual balances for each
of the Virtual Cards and whenever the cardholder elects to spend their
cash value with an authorized Biller with whom we may have a direct or
indirect relationship, the value of the funds held in the Virtual Card are
debited and then settled in time though our ―Payment Processing Gateway‖
system with each Biller by the way of an ACH transfer.
Proprietary Platform Partner
All system and business
Direct connection to all major
Our Virtual Wallet networks
Issuer certified by major
As a quick introduction and background, the Virtual Card / e-
Wallet is similar to any “Stored Value” product as it is not Fault tolerant hardware
really a “Bank Account” yet its behavior and platform
characteristics are very similar to a bank account. Large scalable platform
The software we have created is capable of but not limited to Redundant data centers
managing such basic activity as shown below:
Alternate routed communication
Just like a Bank Account, the e-Wallet can have the following
•It can be created and assigned to a customer.
•It can hold a Positive, or a Negative Dollar Value, referred to
24x7 On-site Control Center
as the “Account Balance”.
24x7x365 In-house live
•It can have a Dollar Value Added to it operator customer service
•It can have a Dollar Value Subtracted from it
Payroll stays in your account until
dispersed from your bank account.
Payroll is instantaneous to
employees account, From 1 to 1
Payroll Delivery million.
All Accounts are FDIC Insured
No longer do you have to issues payroll All Transactions are done in Real
No longer do you have to pay for Employee can also load money from
overnight delivery Services.
any Wal-Mart ( Money Gram
Cut your payroll cost up to 80%
W-2 Reporting also available on line
No more issuing checks because of lost
or stolen checks from your employee.
No more payroll advances to employees
going on vacation
1. Employee can Download there
money to a Payroll Debit
Give your MasterCard In real time
Employee’s 2. Employee May elect to pay all of
there bills using our Bill Pay
Choices 3. Employee May Elect to receive
all there pay by requesting us to
issue a paper check sent by US
Our Systems allows your Mail.
employee the choice of how he or
4. Employee May elect to Transfer
she receives there payroll from funds to their Bank Checking or
there employer. Savings Account from the Wallet
We give the employee the 5. Employee May transfer part or all
following choices on dispersing of there pay to another wallet or
family member issued a wallet ,
there money from there wallet. anywhere in the world.
6. Employee can send money to
any bank in the world via Wire
Integration of the e-Wallet & Card
Management API to Merchant Website
We have developed an extensive API (Application Programming Interface)
that can be utilized by the Merchant to issue in real-time both e-wallet &
MasterCard Debit Card accounts to their customers / Employees /
The API will allow the following functionalities:
Enroll Account Holder
Issue e-Wallet Account
Issue ATM Debit Card/ Domestic MasterCard
Load Value to e-Wallet / MasterCard Debit Card
Redeem Value from e-Wallet / Debit Card
Check e-Wallet / Debit Card Account Balance
Optional – Generate Statement of activity
Optional – Change e-Wallet Status
Optional – Change e-Wallet PIN
Hosting, Processing, and
Once the Merchant account has been established, initialized, and certified, the
Merchant then can begin utilizing either the API interface or Web-Application to
process transactions. As an Application Service Provider (ASP) and processor
BEST Inc. will continue to support the merchant thus allowing for seamless
processing and customer service tools that will enable the Merchant to offer their
customers / members the most cost effective and efficient payment delivery
Merchant utilizing Our Payment Gateway & e-Wallet / Card Management services
will be able to enjoy the following benefits:
Receive Guaranteed Payment notification and Data in Real-Time
Reduce their cost of accepting payments
Reduce the risk & losses associate with accepting payments through other
Capture customers who may not be banked or have reached limits on their Credit
Offer their customers a payment solution that protects their customer’s identity &
Deliver products & services sooner than later, and in some cases in real-time.
It’s Convenient. With Bill Pay you don’t
have to leave your home to pay your bills.
Payments can be sent by phone or online.
By using Bill Pay to pay all your bills, you
Our Employee Benefits no longer have to wait in long lines at
check cashing centers to buy money
orders or inconvenience yourself with
Program, going to the post office to mail your
No Cost To The Employer payments. It's Fast. Sending money
through Bill Pay only takes a few minutes.
If you send your payment electronically
through EFT, your payment will be
received within a few days. If your
Bill Pay is a handy tool to help make payment is sent by a check, allow 5
sure you pay your bills on time (or, if you business days for delivery. It's Easy. To
prefer, ahead of time). Simply set up all of setup a payment, all you need to provide is
who and where you would like your
your recurring bills with Virtual Wallet payment sent.
Online Bill Pay, and when the day comes,
they’re paid automatically. You can also We have 9000 Bill Payers on our service
make payments that aren’t monthly — so when used your payment will reach the
such as sending checks to people (for biller in 24 hours electronically. Payments
example, rent to your landlord or money can be setup for weekly, bi-weekly,
to your parents) or making one-time bill monthly, bi-monthly, or every few months,
helping eliminate the possibility of late
payments. A great part of this feature is charges. Also, by using Bill Pay to pay
that after you set up a one-time payment, your bills you eliminate having to pay for
that person or business information is money orders or stamps. It's Guaranteed.
saved for later use. Since we keep track of all your payments
processed through Bill Pay, you can rest
assure your bill is guaranteed to be paid.
When a payment is sent Best Inc will email
you a confirmation that your payment was
successfully processed. You no longer
have to worry about your payment being
lost in the mail or loosing a cash payment
on your way to a check casher.
Overdraft Protection - A service Our Overdraft Protection
that allows the customer to use
their MasterCard for an amount 1. Everyone is approved
over and above the amount on
their Card. Funds are transferred 2. Must use our Card Program
from their line of credit or other
designated account to their 3. Must use Bill pay Service
MasterCard account as needed.
4. We only Charge $2.50 Dollars
Loan advances as approved by for every $ 20.00 Advanced.
Best apply to any funds obtained
from Our Lenders Bank that may 5. Cash Advanced directly to card,
exceed the funds available on Repayment from next deposit to
your Best MasterCard account. card, all or in payments
Best would automatically advance
funds onto your Best Card 6. Max advance is 300.00
account to cover items that would
cause an overdraft 7. Must have been using our
service / Card min of 3 months
Get credit for your bill pay transactions. Payment Reporting Builds Creditor will
Build your payment history when you use compile your bill payment information and
BEST INC Bill Pay Demonstrate your credit create a Bill Payment Score. OUR PROVIDER
worthiness when applying for housing,
credit, insurance, employment, and phone is a credit reporting agency just like Experian,
It's simple – use BEST Bill Pay to pay all Trans Union, and Equifax, but it is the first to
your bills such as rent, utilities, cable, give consumers a choice and an equal
insurance, and more It's opportunity to show that they pay their bills on
time. Also, unlike the other national credit
This is how it works: Activate BEST Bill bureaus, PROVIDER does not charge
Pay and add the FREE Account Now consumers to view their own data, and does
Credit Builder service. Every time you not sell mailing lists. Provider makes money
make a bill payment with BEST Bill Pay, by selling credit reports for quot;permissible
we will send your bill payment information
to Provider, a national credit reporting purposesquot; under the Fair Credit Reporting Act,
agency. Build a bill payment history to with a consumer’s authorization.
demonstrate your credit worthiness when
applying for housing, credit, insurance, You will be able to log-in to our provider,
employment, phone, and utility hook-up create a user name and password so you can
by doing what you already to today - - review your personal file, add account
paying your rent, electric, cable,
insurance, and phone bills on time. Only information at any time -- all at no cost. Who
Bill Pay transactions will be shared with may use the Provider’s information: Home
provider. Regular debit transactions using loan associations like Freddie Mac and Fannie
your BEST Prepaid MasterCard will not be Mae and Citicorp Mortgage use bill payment
reported to our Provider. information as part of their decision making
process for home loans. Soon, other
companies including auto loan, credit card,
and insurance companies may start using Bill
Payment Scores to comply with the Nation's
Fair Housing and Fair Lending laws.
INCREASE YOUR CREDIT SCORE BY
80 TO 100 POINTS
AFTER ONE YEAR OF USING OUR BILL PAY
Our Provider will only release your bill payment information with
your permission to authorized Provider subscribers who have a
quot;permissible purposequot; under the FAIR Credit Reporting Act to view it.
How can paying bills help qualify for a loan? As an example, a
consumer may be eligible for an FHA loan if that consumer can
demonstrate they have 12-months of consecutive on-time bill
payments that include a housing payment such as rent or a
mortgage, and at least 3-other bills such as electric, cable and
phone. Credit Builder is an optional service that is made available to
you at no additional cost as part of the BEST bill payment service.
Credit Builder is only a service that provides your payment history to
our Provider, a national credit reporting agency. Credit Builder does
not repair your credit record, credit history or credit rating. It also
does not provide advice or assistance for the improvement or repair
of your credit record, credit history or credit rating.
Credit Restoration Services
Credit Restoration: This service is designed to Debt Settlement: This service can help you
correct or delete derogatory information settle BAD Unsecured Debts (Credit Cards,
contained on your credit reports with the 3 Personal Loans, Medical Collections) for an
major credit reporting agencies (Trans Union, average of 25-65% of what you owe and allow
Experian, and CSC a.k.a. Equifax). If you you to pay your settlements over a 12, 24 or
have information contained on your credit up to 36 month period of time, providing you
reports such as: Late Payments, Collections, with the ability to make affordable monthly
Judgments, Tax Liens, Repossessions, payments that can fit into your budget and get
Charge Offs, Foreclosures, or Bankruptcy rid of your Bad Unsecured Debts. This
Items that you believe may be inaccurate, service can also eliminate harassing creditor
misleading, outdated, obsolete or no longer phone calls, help you to avoid Bankruptcy and
able to be verified, Credit TRAX, with your potentially save you thousands of dollars in
authorization, can request that the creditors attorney fees, penalties, interest, late fees
and credit reporting agencies investigate the and even principle. In order to qualify for the
validity, accuracy and/or ownership of these E MERGE Debt Settlement program, you
accounts. If the accounts you have must have at least $8,000 in unsecured
authorized us to dispute on your behalf are debt. Quick Note: This program does not
found to be inaccurate or unverifiable, they settle debts that are in good standing, debts
are required by law to be corrected or deleted on loans or lines of credit that are backed by
from your credit history. Each item deleted or collateral such as: real estate, automobiles or
corrected can potentially raise your credit other forms of personal property or debts that
scores, potentially saving you hundreds and you have already been sued over or have a
even thousands of dollars in interest, down judgment against you for. This is the best,
payments and insurance premiums. most affordable and proactive way to resolve
your past debt problems, to avoid additional
penalties or potential legal action.
Introducing the Future of Affordable
Talk to a Doctor...Right Now! TelaDoc is built on three key principles:
TelaDoc Medical Services is a national 1. Accessibility
network of licensed physicians who
diagnose routine, non-emergency, TelaDoc consulting physicians are
medical problems via the telephone. available 24/7/365 via telephone.
TelaDoc consulting physicians
recommend treatment and prescribe Consults are typically conducted within
medication (when appropriate) over the one hour of the request and
telephone 24/7. You can access the guaranteed within three or it is free!
service wherever you happen to be:
your home, office, hotel room, or
vacation campsite. 2. Affordability
An estimated 70-75% of all primary Flat $35 fee per consult - comparable
care medical cases can be diagnosed to co-pays and far less expensive than
over the telephone. TelaDoc has the cost of a primary care or urgent
created a more cost effective and more care facility office visit ($80-$200).
convenient way for employers and
employees to access quality medical 3. Convenience
Medical Benefit Con’t
Scheduling a consult is as simple as pointing and
clicking or dialing a phone.
Portable personal health record allows individual
management of health profile.
TelaDoc is a cost containment service and a $35
value-add service for self insured companies,
uninsured, and under insured organizations.
Reduces healthcare costs
A new, proactive health benefit for employees
Improves HSA benefit satisfaction
Enhances wellness program
Your Wallet can be loaded at the following Locations.
2. Money Gram Locations ( All US Wal-marts)
3. All Banks US & International (Wire Transfer)
4. You may Load from your Checking or Savings
5. From Your Bank Accounts
E Merge Financial
Please Contact LLC
Us NOW! NewStart Inc
Call Toll Free
(888)-239-5558 Ext. 1
Local # (303) 719-3106
Contact Mr. Dean Golden