“Pay All Bills Here” Mac Productions Bill Payment Centers Program

“Pay All Bills Here”
Mac Productions
Bill Payment Centers Program
Copyright © 2003, Security Bank and Transaction Management, LLC
Overview
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EmpaSys is owned by Security Bank (FDIC insured)
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EmpaSys is a safe, secure, dependable alternative for individuals
without bank accounts
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Over 33 million households in America do not maintain a checking
account
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They do, however, still have bills to pay
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These customers are a market in desperate need of a solution
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EmpaSys “Pay All Bills Here” effectively and efficiently meets these
needs
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions
The Solution
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No proprietary software to install, its 100% web based
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4,000 creditors in-network, which means they are electronically
connected for faster payment
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If not on the list, you still can accept it!
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17,000 creditors typically processed
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Requires only a PC, printer, & the Internet
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions
Features:
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Enter the customer information only once. No errors re-typing long
account numbers
A complete history of each bill payment
Customer can request a re-print of any past bill payment confirmation at
any time from any EmpaSys payment location
Excellent control and reporting from 1 store to multi-store locations
Nationwide creditor network continues to increase
Both large and small creditors are already included in the network
Local creditors can be added for your customer’s convenience
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions
Benefits:
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Allows for additional merchant revenue
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Merchant sets their own fee schedule
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Charge customers a modest fee for facilitating the transaction
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More importantly, this attracts new traffic, provides a valued service
to the existing client base, and generates significant “up-sell”
revenue
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More repeat business
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Creates customer loyalty
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions
Benefits:
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Immediate addition of ANY creditor when a customer needs to make a
payment
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Intuitive and easy for all employees to quickly learn
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Completely safe, secure, and dependable.
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Specific machine authorizations prevent payment acceptance
outside the merchant’s business location
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Meets or exceeds privacy act standards
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions
The Interface:
• Secure, easy to use, & quick loading
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions
The Interface:
• Simple, graphical, with context sensitive help
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions
The Interface:
• Instructions are easy to read
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions
The Interface:
• Easy to use reports and management options
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions
Frequently Asked Questions:
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What is the profit potential?
• A typical merchant will mark-up the service 50% to 150%.
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What are the hardware/software requirements?
• A computer with access to the Internet via a dial-up or DSL (which
we can also provide), and any standard printer.
• The computer can still be used for other functions
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Which creditors can customers pay?
• There are tens of thousands of creditors that are participants. The
chances are your customer’s bill payments are already on the
network.
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ANY creditor may be added to the system at ANY time.
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions
Frequently Asked Questions:
• What is the cut-off time for daily processing?
• Daily payment processing occurs at 5:00 p.m. EST on business days.
Transaction accepted after that time will be processed on the next
business day.
• When will the creditors receive the money.
• In-network bills will be electronically transfered that same evening. It
typically then takes 1-2 days for the creditor to post the bill to the
customer account.
• Out of network bills will take an additional 1-2 days to process
• When is the money withdrawn from my account.
• Money for bills entered before the cutoff time will be ACHed the next
business day
Copyright © 2004, Security Bank, Transaction Management, LLC, and Mac Productions