Time to Cash In on ATM Processing
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Transcript of Time to Cash In on ATM Processing
Time to Cash Inon ATM Processing
United Cash Solutions has our own ISO Agreement. Please download our ISO Paperwork from UBC’s IIS and fax it in with the ISO Set Up Form, Driver’s License and Voided Check to:
Stephanie DeLeve’800.698.0026 Ext. 1430520.844.8257 [email protected]
United Cash Solutions
The ATM Division of United Bank Card
• Partners with Alternative Payment Solutions
• Additional Income Opportunities• Strengthen Merchant relationships
through multiple payment solutions
UCS Team
800.698.0026 270.812.0197 Fax
Alan Forgione President Ext. 1410 [email protected]
Stephanie DeLeve’ Vice President – Sales Ext. [email protected]
David Welch Director of Tech Sup.Ext. 1412 [email protected]
Melanie Cabello Account Manager Ext. 1420 [email protected]
Rachael Myott Customer Support Ext. 1440 [email protected]
Scott Terchiak Tech Support Ext. 1413 [email protected]
Overview
UCS offers a Turn-Key ATM Solution that will put Dollars in the merchant’s own pocket
You’ll have an unique opportunity to offer a value added solution that will generate revenue for your merchants on every withdrawal as well as strengthen the merchant relationship.
Merchant Benefits
• Generate Income from surcharge
• Increase sales volume up to 20%
• Adds customer convenience
• Eliminates bad check losses
• Stimulates impulse purchasing
• No Transaction Fees• No Batch Header
Fees• No Discount Fees• Increases customer
traffic • Enhances customer
loyalty
ATM Networks
• AFFN–The Armed Forces Network
• Honor
• Pulse
• Quest
• TYME
• Accel/Exhange
• Alaska One
• CU24 Credit Union Network
• Star/MAC
• NYCE
• Shazam
• Alaska Option
• Visa’s – Plus (National)
• M/C’s – Cirrus (National)
ATM Overview, Cont.
Locations the typically generate high amount of transactions
• Grocery Stores• Convenience Store• Gas Stations• Colleges• Universities• Liquor Stores• Malls
• QSR (Quick Service Restaurants)
• Deli• Restaurants• Nightclubs• Golf Courses• Courthouses
ATM Overview, Cont.
Important Points• All ATMs need a Dedicated Phone Line• UCS offers:
– Shipping – Programming– Installation– Accessories– Bolting– Vaulting Services
The Placement Program
The Placement Program
• No out of pocket expense to you or the merchant, UCS will take care of
– Hardware– Programming– Shipping– Installation– Training– Signage
• We are looking for merchants that can meet a threshold of 300 withdrawals a month.
The Placement Program, Cont.
• We’ll qualify the merchant location thru a site survey.
• Merchant receives surcharge income
• ISO receives surcharge income
• Sales cycle is about 3 weeks
Placement Program, Cont.Revenue Opportunity
• Example:
• Surcharge set at $2.00
• UCS retains $1.00
• ISO receives $.50
• Merchant receives $.50
Leasing Program
Leasing Program • Just like the P.O.S. world, ATM Leasing is a critical part of the
ISO environment.
• Factor Rates:
• 60 Month: A/B .0265
• C .0305
• 48 Month: A/B .0315
• C .0325
Leasing Program, Cont.
Advantages of Offering a Lease
• Up-Front Commissions
• Speed
• Additional Revenue Stream (Interchange)
Leasing, Cont.•Lease Amount: $159 x 60 Months•Lease Score: 671/A•Gross funding: $ 6000.00•Last Month Payment: $159.00•Equipment Type: Tidel 3100/Color•Equipment Cost: $3299.00•Accessory Cost: $199.99 (Basic)•Shipping: $319.00•Installation: $300.00
•Net ISO Commission: $1724.00
Interchange
•Reverse Interchange
•The issuing banks pay the ATM Acquirer Interchange.
•This covers cost of transaction processing, sponsorship, and operations.
Merchant Revenue Projections
ASSUMPTIONS
Customers Daily: 180Usage Estimate x 7%
Transactions Daily: 13
Days per Month x 30
Transactions Monthly: 390
TRANSACTION REVENUESurcharge to Merchant $0.50x Transactions Monthly 390Gross Surcharge Revenue $195.0
0
EXPENSE
Supplies $9.50
Telephone $30.00
Monthly Service Fee $10.00
Leases Payment N/A
Monthly Net Surcharge Profit $145.50
CASH RETENTIONTransactions Monthly 390x $60 Average Withdrawal $8730x 20% Average Spent $1746x 33% Profit Margin $576.1
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ATM Placement ATM Lease or Purchase
ASSUMPTIONS
Customers Daily: 180Usage Estimate x 7%Transactions Daily: 13
Days per Month x 30
Transactions Monthly: 390
TRANSACTION REVENUESurcharge $1.75x Transactions Monthly 390Gross Surcharge Revenue $682.5
0
EXPENSESupplies $9.50Telephone $30.00Monthly Service Fee $10.00Leases Payment $150.0
0Monthly Net Surcharge Profit: $483.00
CASH RETENTIONTransactions Monthly 390x $60 Average Withdrawal $8730x 20% Average Spent $1746x 33% Profit Margin $576.1
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ISO Revenue Projections
ASSUMPTIONS
Customers Daily: 180
Usage Estimate x 7%
Transactions Daily: 13
Days per Month x 30
Transactions Monthly: 390
TRANSACTION REVENUE
Surcharge to ISO $0.50
x Transactions Monthly 390
Gross Surcharge Revenue $195.00
Annual Surcharge Revenue $2340
ATM Placement ATM Lease or Purchase
ASSUMPTIONS
Customers Daily: 180
Usage Estimate x 7%
Transactions Daily: 13
Days per Month x 30
Transactions Monthly: 390
TRANSACTION REVENUE
Surcharge $0.25
x Transactions Monthly 390
Gross Surcharge Revenue $97.50
Interchange $.30
Interchange Income $117
Total Transaction Revenue $214.50
Annual Transaction Revenue
$2574
Paperwork
• ATM Application
• ATM Operator Agreement
• Voided Check or Bank Letter
• ACH Authorization Form
• Driver’s License
• Lease (if leasing)
United Cash Solutions
• An array of ATM Units
• Deployment and Transportation Services
• Installation and Training Services
• Armor Car Services
• Vaulting Services
• Portfolio Management
United Cash Solutions
800.698.0026
270.812.0197 Fax