- Debit payment and cash back options for customers
- Exact change back ( less than 20 )
- Debit card format, pin only, cash back
- Cash not available, transaction declined
- Ability to accept; Debit Cards, EBT (cash only), Prepaid Debit, Payroll, Government programs, Child support, Unemployment, Tax returns, CashPass, etc.
- Customers pay No ATM Fees
- No risk, PIN based transactions are not disputable
- Ability to accept another form of payment
- Check cashing of the future
"Authorized" network vs. "Unauthorized" network
- Cardholders CAPS
- Authorized - withdraw their funds without frequency or amount caps, their cash is available as needed
- Unauthorized - withdraw their funds from ANY ATM machine or Kiosk WITH caps on frequency and amount
- Card Number Manual Entry
- Authorized - teller can manually key card number and complete the transaction
- Unauthorized - this capability wouldn't be able to be performed
- Balance inquiries
- Authorized - application to perform balance inquiries for both Cash Benefits and Food Stamp credit
- This helps cashiers to negotiate exactly what their consumers want to withdraw if fees are priced too high for their transaction
- Unauthorized - this capability wouldn't be able to be performed
- Expanded suite of services
- Authorized - User is able to utilize all services available in your location
- Unauthorized - No additional capabilities available for user
- Revenue Opportunities
- Minimize fraud risk exposure
- Convenience fee revenue ( check cashing on a card ) with no risk
- Convenience fee - 2-3% added to transaction
- Clear 1-2.5% risk free
- No annual fee
- No monthly minimum fee
- No junk fees
- Operational Expense
- Estimated cost .5%-1% depending card network solution selected
- Cost is based on transaction volume
- Debit Card Offload (POS) Limits per day
- H & R Block: $3,500
- Green DOT: $2,500
- Rush: $1,500
- Net Spend: $4,999
- Up Card: $1500
- Account Now: $2000
- Wal-Mart: $2999.99
- Customer Support & Assurance!!
- 24/7 Call Center for retail site support
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