Partnering with Prepaid Technologies. Payments Technology for Banks

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1 Partnering with Prepaid Technologies Payments Technology for Banks

2 Prepaid Opportunity for Commercial Customers Pain Points of Paper Payments Checks are cumbersome and costly Burden of replacing lost and stolen checks Check cashing crowds overwhelm branch lobbies Inability to track, transfer and load funds from any device Advantage of Electronic Payments 100% paperless prepaid electronic payments No more check fraud Stabilize branch traffic Access to electronic solutions Payroll cards Corporate purchasing Rewards and incentives Gift cards Custom solutions 2

3 The Value of Prepaid to Banks FACT: Prepaid is the fasting growing financial tool for consumers and businesses. 1 Prepaid is the most flexible payment solution available Visa MasterCard are driving growth across more than 25 market segments Federal Reserve Payments Study 2 13 th Annual U.S. Open-loop Prepaid Cards Market Forecasts,

4 PREPAID TECHNOLOGIES The Leader in Prepaid Built by Bankers No other provider understands bank needs and operations. Experience with more than 70 financial institutions. Serving banks nationwide for nearly 20 years. A proven reliable partner offering nimble and creative solutions. An expert senior team serves as an extension of your resources. 100% U.S.-based customer service for all clients and cardholders. We plug the gaps in your payments portfolio without having to become an expert in prepaid. The only provider that manages all the systems, processes, technology and regulatory details. 4

5 Our Partners The world s largest provider of banking and payments technology The world s most recognized card brands CenterState Bank, NA: $4.6 billion asset bank concentrated in the Southeast The only patented on-demand card production provider Our surcharge-free network of 55,000 ATM 5

6 None of the risk. All of the reward. Why Outsource Prepaid? Reduce risk Modernize commercial payments Streamline operations Eliminate expensive in-house product development with outsourcing No cost to implement End-to-end compliance management Turnkey training, marketing, onboarding In-Source the Value Accelerate revenues Turnkey integration gets you to market in less than 30 days. Access new markets that can t be served with debit and credit Retain and grow commercial accounts 6

7 Adding Prepaid to the Portfolio: Done right, it s easy Full-Service Program: We are your advisor, partner, sales support and solution provider. Turnkey Operations: Simple, fast integration into your systems. Responsive and Flexible: Timely response from senior management, programs adapted to each client s needs. Full Suite of Payments Products: Including custom and white label options. 7

8 How We Work With Banks Your Bank Refers Customers Call, us or refer online We handle all the rest We Get Them to Market With Prepaid Select Products Custom Materials Training Go-to-market playbook Set Goals; Develop Marketing Plan Launch Revenue Share 8

9 Payroll The most effective tool to move your commercial customers to 100% electronic payment. Corporate Reward & Incentive The go-to solution for sales and service incentives. Growing Business Demand for Prepaid Corporate Purchasing Cards Great alternative for business expenses, vendor payments, petty cash, travel per-diem, or to extend credit to contract workers. Custom and Retail Solutions A flexible way to use electronic payments for all your business needs. 9

10 Card Programs for [bank prospect name] Treasury Management Payroll Cards Corporate Purchasing Cards Corporate Reward, Rebate & Incentive Cards Retail General Purpose Reloadable Cards Gift Cards Student Cards 10

11 PAYROLL CARDS The Perfect Partner to Direct Deposit Payroll cards + direct deposit help bank customers reduce costs and achieve 100% electronic payroll Drive loyalty and retention among your commercial customers Your customers can integrate directly into your existing direct deposit platform Easy to implement: No software or hardware to install. Turnkey: Customer set up, training, onboarding and customer service are all handled by Prepaid Technologies 11

12 PAYROLL CARDS The Perfect Partner to Direct Deposit Commercial Businesses save time, money and reach more employees with payroll cards Move your staff to 100% electronic payroll All employees and 1099 contractors qualify Electronic paystubs and W2s eliminate all paper 24/7 cardholder customer service Customizable marketing and training materials and instant issue are available Save time and money Eliminate cash disbursements No more check cashing Automatic, electronic, secure payments 12

13 Case Study: Payroll Cards Simplify and Save The Challenge: Employers need to reduce payroll costs and fraud and streamline reporting. Employees demand alternative solutions to check-cashing, especially the unbanked. The Solution: Offering prepaid payroll cards let businesses and employees alike eliminate expensive, fraud-prone paper paychecks and saves everyone time and money. The Results: Employers achieve 100% electronic payments, seamlessly make off-cycle payments, reduce fraud and lost checks and streamline payroll for geographically disbursed teams. Employee satisfaction goes up due to the convenience, cost savings and security of payroll cards. 13

14 Corporate Purchasing Dynamic prepaid corporate purchasing solutions for any size business Provides commercial customers creative alternatives to traditional credit purchasing Leading market technology to support your clients expense management remotely Automate and streamline expense payments Better tracking and reporting of spending trends Eliminate petty cash Replace manual check reimbursements 14

15 incard Web-based expense management incard allows any business with employees or contractors to control and monitor all of their expenses on behalf of the company in real-time Prearranged recurring stipends simplify monthly account management and funding Mobile App Manage expenses from anywhere Reloadable Visa prepaid debit cards Transactions post real-time for program monitoring Setup is simple and program is cost effective 15

16 Case Study: A Stage for Purchasing The Challenge: A major national event company that manages large-scale festivals and concerts was struggling to allocate funds to event staff made up of 1099 contractors or day laborers. The Solution: Prepaid Technologies implemented the incard that enables secure, real-time money management and online oversight from a desktop or mobile device. The Results: The company obtained unprecedented visibility and control over their event-day expenses. Today, they save money, reduce risk and run events more efficiently because expense management is no longer on the event-day to-do list. 16

17 Corporate Reward, Rebate and Incentive Cards Offer reward and incentive cards to any size business Helps businesses recruit, recognize and motivate employees, and deepen customer loyalty Offers dynamic solutions through single-load and reloadable cards Customizable cards provide in-wallet branding opportunities and program message deliver Helpful online ordering tool makes ordering incentive cards easy Improve marketing campaign results Attract customers Drive employee engagement Build vendor relationships 17

18 Corporate Order Tool Simplify gift giving and corporate programs Fully-automated system lets commercial customers manage orders, customize cards Desktop and mobile access order cards from anywhere Commercial customers never make a grocery run again or clean out your in-branch card supply 18

19 Case Study: Rethinking the Rebate The Challenge: Zodiac Pools had six weeks to implement a lucrative national rebate program that needed to eliminate manual processes and paper rebate checks, and still be profitable. The Solution: Prepaid technologies built, implemented, managed and deployed a custom, fully automated national consumer rebate and incentive promotion in six short weeks. The Results: The program reduced costs by 30 percent, made it easy for consumers to submit online rebate requests, and streamlined the fulfillment process. 19

20 Client Portal Makes Orders & Admin Easy 20

21 Retail GPR & Gift GPR Great way to reach unbanked through branch networks. An easy way for traditional checking account holders to create a bucket account for budgeting or planning. Great for students, sports teams, school groups, and volunteer organizations. Retail Prepaid & Gift Single-load prepaid cards sold in bank branches are ideal for customer appreciation or employee recognition and rewards. Gift cards are perfect for holidays, birthdays, graduations, anniversaries. 21

22 Revenue Sharing Template slide for sample revenue sharing scenarios. 22

23 Are you? Gylmer Bicksler Director of Partner Development X