2. Ganamax
Ganamax Smart Card Services is
an innovative financial solutions
provider dedicated to delivering
valued financial products and
services to employers, merchants,
and consumers worldwide.
Guided by our mission and living
our values daily, we will achieve
sustainable long-term growth,
deliver superior products and
services, and generate attractive
returns to our clients, employees,
and shareholders.
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3. History Forces Demand
Over 10 million households in
the U.S. do not have bank
accounts.
An estimated 3.3 million
households have checking or
savings accounts, but choose
alternative financial providers.
Americans with no banking
relationships represent nearly
$8 billion a year in check
cashing fees.
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4. Employer Stats
An estimated $500 billion in
paper paychecks are written
each year to unbanked
employees.
More than 4 million paychecks
are lost or stolen each year.
Employees spend the
equivalent of 3 working days a
year simply going to cash their
paychecks.
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5. Paper Payroll Checks
Paper payroll checks are costly for both
companies and employees:
Average cost to process a check: $1.85*
Average cost to produce a check: $1.50*
Average cost to distribute a check: $1.90!
Annual cost to replace lost or stolen payroll
checks: $50 million!
Check cashing businesses cash about 180
million checks each year totaling $55
billion.quot;
* Nacha
! Celent: Payroll Card-A Direct Deposit Solution for the
Unbanked, 12/02
quot; The Pelorus Group 21st Century Currency, 2003
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6. Our Products - Your Solution
100% Approval - only one form of
government ID needed from any
country
banking now for the unbanked
payroll solution for direct deposit
discount health benefits available
usable in more than 200 countries at
over 1 million ATMs
security of a PIN
low flat fee for real time money transfers
worldwide
FDIC insured deposits
no credit, overdraft, or interest fees
low monthly cardholder fees
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7. Discount Health Benefits
Save on Health Care Needs
Low monthly fee for membership - $9.95 / month
Pre-negotiated discounts - 20%-60% each visit
Every cardholder and their family saves money
Array of Services
Vision care
Mail order contacts
Neighborhood pharmacies
Mail order prescriptions
Aetna dental care
Physician visits
Galaxy hospital & facility access
Doctors online +
24 hour nurse hotline
Share the benefits
Everyone qualifies
Family members are eligible
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8. Employer Benefits
our card eliminates check fraud
eliminate the expense of buying
checks, envelopes, and postage
no lost or stolen check replacement
utilize the card for expense
reimbursement
instant pay to employees that resign or
are terminated
no hidden fees to the employer or
employee
our card cannot be overdrawn, which
assures the employer that card cannot
be ‘shut down’
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9. Employee Benefits
money can be accessed for FREE at
merchants offering ‘cash back’ at point
of sale purchases
all purchases are FREE with our card
substantial savings when withdrawing
from an ATM vs. Check Cashers
employees that send money to family
or friends will enjoy a $3 flat fee for
sending money card-to-card worldwide
ability to be paid from multiple
employers on the card
discount health benefits available for
the employee’s entire household for
$9.95 / month
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10. The Ganamax Difference
Now your entire workforce can elect to
have Direct Deposit.
Your company saves time, money, and
other check-related expenses on
payroll.
Your company can now offer
discounted health benefits to everyone
for $9.95 / month.
Easy implementation - nothing changes
with your current system.
Your company can administer this
program for FREE.
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