DIRECT DEPOSIT... An automated paycheck process

• Benefits for your Company
  • Simple, safe and secure
  • Saves time and increases efficiency
  • Reduces administrative costs
  • Strengthens your cash management practices
  • Offers your employees a convenient method of receiving their pay, bonuses, travel expenses and much more
• Benefits for your Employees
  • Safe, reliable, virtually error-proof
  • Convenient - money available on morning of payday, even if sick or on vacation
  • Eliminate trips to the bank
  • Confidential (paper checks can pass through as many as twelve people before reaching an account)
  • Money can be deposited into checking accounts, savings or both

DIRECT PAYMENT... An automatic bill paying process

• Benefits for your Company
  • Improves customer service
  • Reduces processing costs
  • Speeds funds availability
  • Improves collections
  • Reduces return items
  • Increases customer retention
• Benefits for your Customers
  • Safe, reliable and convenient
  • Reduces check writing time
  • Decreases postage costs and extra trips to the post office
  • Reduces check printing costs
  • Eliminates late fees

RCK (Re-Presented Check Entries)... A check collection process

• Benefits for Merchant
  • Faster, less time spent for a merchant to try to collect a "bad" check
  • Better success rate for collection
  • An RCK item may be returned for collection a total of three times vs. two times as a paper item
  • Costs less to return than a paper item
  • Banks will pay ACH items before checks in every account
  • Settlement dates to collect can be chosen on payroll day, i.e., Fridays, the 15th or the 30th of the month to ensure money is in the consumers' account