1

Electronic Transaction Management

• Lower Risks

• Higher Profits

• Improved Customer Services

2

Ability to accept Credit Cards & Checks for payment of services

Prevent Bad Check Losses Increase collections Reduce transaction overhead costs Speed transaction funding

3

Scanning of checks, debit cards & credit cards at all service counters using MagTek Check & Credit Card Reader / Imager

Automatic verification of checks using Star ATM Network

Automated electronic processing of verified checks and credit cards

4

Approved CHECKS are converted to Electronic Funds Transaction

Transaction immediately transmitted to Bank for overnight processing

Funds transferred to Bank

usually within 24 hours

Customer visits Client counter for transaction

Agent runs CHECK or CREDIT CARD through MAGTEK Reader/Imager

Image of CHECK or CREDIT CARD information appears on screen

CHECK or CREDIT CARD information is transmitted over the Internet for processing

CHECKS are verified by STAR NETWORK and by Negative Database

CREDIT CARDS are processed

Customer presents CHECK or CREDIT CARD for payment

BAD CHECKS are deniedand returned to Customer

Transaction is Terminated

LIMITS LOSS TO CLIENT

Funds are transferred to the Bank

5

Customer presents CHECK or CREDIT CARD for payment

Agent runs CHECK or CREDIT CARD through

MAGTEK Reader/Imager

CREDIT CARDS are processed and funds transferred

to the Bank

Transaction is Terminated LIMITS LOSS TO CLIENT

Bad Checks are denied and returned to Customer

CHECK or CREDIT CARD information is transmitted over

the Internet for processing

Image of CHECK or CREDIT CARD

information appears on screen

CHECKS are verified by STAR

NETWORK and by Negative Database

Approved CHECKS are converted to Electronic Funds Transactions for overnight processing –

Usually within 24 hours

6

Better customer service. Dramatic reduction of bad checks. Reduced losses from NSF checks. Negative database to prevent acceptance of

checks from customers with unpaid checks. Improved and expedited cash flow through

electronic funds transfers. Significantly lower operating costs. Works with your existing bank. Automatic recollection of NSF returned checks –

NSF fees shared with Client