1. Introducing. . . “The Money Card” Smart Money, Inc.

2. In the Beginning. . . And it worked! Cash... Checks... Low Security &
High Risk
Checks...
High Costs &
High Liability
All it took was time and
it cost high fees for cashing
And it worked!

3. ANTIQUATED Cash Disbursements
Cash disbursement in general is focused around paper checks, cash and physically distributing paper
Checks and cash disbursements can be eliminated and replaced with modern technology
Much lower costs, efficiencies and many cardholder benefits derived from automating all forms of cash disbursement

4. A new alternative was offered...
Employee sign-up
nation-wide continued
to hit a 60% wall …
Employers campaigned
for workforces to sign up
on Direct Deposit …
Large % of self-banked
workforce stuck with
no alternative…
Yet it was better…

5. Introduction to the Next Generation
“The Payroll Card”

6. FACTS
Companies can save from $1.00 to $30.00 per payment by using electronic cash disbursement instead of checks
Studies show that consumers may spend the equivalent of three workdays each year going to the bank
The chance of having a problem with a check is 20 times greater than with electronic cash disbursement
Last year, the government experienced $65 million in forged or altered checks. For banks, check fraud is a $1.34 billion annual problem

7. Company & Employee ISSUES
Card Based forced PIN Numbers
Lack of, or, no Internet access…How do I???
High fees and costs for programs
Limited debit POS coverage, cash back & convenience
Extremely limited cashing locations for checks
Legacy technology limiting client functionality
No, or at best, limited benefits to cardholders

8. Company & Employee NEEDS
Card Based Solutions with Platform based on PIN and non PIN use
Worldwide ATM and Debit POS coverage
High security and lower liability
Internet based functionality for Company
Cardholder Internet access
Truly lower cost for Company and Employee
Employee acceptance and ease of use

9. Highlights
Replaces paper based checks, cash advances, T&E reimbursements, etc.
All debit transactions are real-time…no overdrafts
Cardholder access to multiple products and encashment points
Internet access for administration and reporting
Domestic and international acceptance
Benefits for clients and cardholders

10. Cash Disbursement Applications
Electronic payroll and travel expense distribution
Electronic incentives and advances
Smart Card applications

11. How Does Program Work?
Client deposits or applies funds to cardholder’s “account” - individually or by batch
- Large Batch (NACHA or other)
- Host to host (Integrated)
- POS devices
- Voice

12. Client & Cardholder Internet Access
Company Capabilities
Client profile
Program profile
Card profile
Cardholder profile
Cardholder Capabilities
PIN # Maintenance
Transaction Reporting
Balance Inquiries
Smart Card
Maintenance
Reporting

13. Card Management Set up, add & modify programs
Order cards in bulk or individually
Set-up cardholders
Real-time card and account maintenance
Cardholders can access their accounts
Multiple reporting options

14. Voice Response Unit English or Spanish 1-800# Enter Card Number
Enter PIN #
PIN# Rejected
* Try Again (3-5 Limit)
* Operator
Balance Given
Card To Card transfers
Initiate Direct Deposit
Transaction Recap
Direct Deposit
Transaction Recap
Phone

15. 24 X 7 Service Voice Response Unit (VRU) Cardholder service
English and Spanish
Client service (Business Hours)
Technical support
Implementation management and support

16. Client Benefits… Costs of cash and check disbursement lowered
Secondary cash and check problems eliminated
Many processes automated and more efficient
Manual reconciliation steps eliminated
Transaction data and electronic trails created
Cardholders receive many benefits

17. Differentiators… Full Internet Capabilities
Maintenance on card accounts
Cardholder access
Card program management
Worldwide Debit Point-of-Sale and ATM Access
Real-time transactions - eliminates overdraft
Cardholder selected PIN
An established and successful debit card processor
Current technology - Not a legacy system

18. Implementation Steps Implementation Planning Meeting (w/Client)
Form Project Team (If necessary)
Card Design & Marketing Materials
System Set-Up Requirements
Product and Process Training
Set-Up Client/Program Data in System
Emboss Cards and fulfillment of materials
“Payday” The Process and other disbursements
Testing (Test sites, time frame and criteria)
Cardholder Sign-Up
Roll Out

19. The Next Step… Meet to analyze current cash disbursements and payroll
Provide a formal solution and proposal
Implementation and testing
Roll-out on site