What is it

Priority payment assurancePositive payment reminder system

A non contact collection serviceA non contact collection service

About Us

Safeguard Payment Systems is the South East Asian distributor for the On Time payment system

On Time and designs are registered trademarks of Payment Protection Systems Inc (USA)

Agenda

1. How does it work?2. What does it do for the client?

3. What are the benefits to a Financial institution?4. Reporting

5. Features and Benefits6. What it won’t do

7. SPS Service8. Pricing

9. What’s the next step?

How does it work?

The two components of the system are designed to:1. Interact with the client2. Immobilise the vehicle

The timline

RedRed : The payment date has fallen due and it is time for the customer to enter a : The payment date has fallen due and it is time for the customer to enter a receipt code.receipt code.

3 days before the vehicle immobilises ,the number 3 on the keypad flashes to remind the the number 3 on the keypad flashes to remind the customer they have only 3 days left to enter the receipt code.customer they have only 3 days left to enter the receipt code.

2 days before the vehicle immobilises, The number 2 on the keypad flashes to 2 days before the vehicle immobilises, The number 2 on the keypad flashes to remind the customer they have only 2 days left to enter the receipt code.remind the customer they have only 2 days left to enter the receipt code.

1 day before the vehicle immobilises, The number 1 on the keypad flashes to 1 day before the vehicle immobilises, The number 1 on the keypad flashes to remind the customer they have only 1 days left to enter the receipt code.remind the customer they have only 1 days left to enter the receipt code.

The result

Immobilises the vehicle by not allowing it to startImmobilises the vehicle by not allowing it to start

Graph

What does it do for the client?

Have access to the Free security feature that is built into the On-Time unit allowing Have access to the Free security feature that is built into the On-Time unit allowing the client to immobilise their vehicle when it is unattended.the client to immobilise their vehicle when it is unattended.

Helps Clients to avoid Late Payment Penalties by reminding clients of their payment Helps Clients to avoid Late Payment Penalties by reminding clients of their payment status.status.

Allows clients to buy a vehicle that may not meet standard credit requirements.Allows clients to buy a vehicle that may not meet standard credit requirements.

Some facts

If a client knew they would lose the use of their vehicle if they did not keep up If a client knew they would lose the use of their vehicle if they did not keep up with their payments, what do you think they would do?with their payments, what do you think they would do?

US studies showed using the OnTime system, delinquent accounts drop by up to US studies showed using the OnTime system, delinquent accounts drop by up to 82% and Repo’s by 73%.82% and Repo’s by 73%.

On Time in media

How does it benefit a financial institution?

Ensures you get paid on timeCost Neutral to you (Client pays for the service as a Ensures you get paid on timeCost Neutral to you (Client pays for the service as a condition of finance.)Improves your cashflowReduces Collection costsIncreases the condition of finance.)Improves your cashflowReduces Collection costsIncreases the

client baseclient base

Product feature

Reporting

Reporting software is a Windows based program and it accessed by a login on our website.

http://www.safeguardps.com.au

Features and benefitsOn Time has no geographical limitation as it does not need to communicate with

the vehicle On Time is user-friendly and does not require the customer to negotiate with

their ignition each time they start their vehicle On Time has no moving parts to malfunction and has no effect on the Electronic

Computer Module or Factory Warranty of vehicles On Time is completely safe; it is impossible for the system to disable the vehicle

while the engine is runningOn Time has an emergency code feature which enables the customer to start the

vehicle in a real emergency (limited use applies)On Time ensures that payment dates remain as stated in the finance contract

because it has its own clock and back up battery On Time is a proven technology that has sold over 1.2 million units to date

On Time is international patent-protected technology GB2384345

Other information

Automated, extremely effective pro-active service that prevents payment problems before they occur.

Inter-active service that provides Visual and Audible signals to remind the client the status of their payments.

After each loan payment, a new payment receipt code needs to be entered into the VP unit to ensure they can start their car.

The only way to get a new payment receipt code is for them to pay their loan on time. You control the release of the CODE.

What it won’t doSafeguard Payment Systems is not a magic pill or a substitute for poor lending

processes. The desired results are only achievable if due diligence is exercised when

approving loans and the issue of receipt codes is tightly managed.

If a borrower doesn't have the income capacity to make regular loan payments or if they lose the use of their vehicle, Safeguard Payment Systems will have no

effect on the loan's performance.

Where capacity, intention and incentive to pay does exist however, the service is extremely effective at making customers prioritise their car payments, regardless

of past payment behaviour.

Safeguard Payment Systems Service

Fully managed service includes24 x 7 Service availability and SupportFree reportingUnretrieved codes: early warning indicator of possible problemsSafeguard Payment Systems units can not stop a running engineIt is a starter

interrupt systems that stops the starter motor starting and not the engine

Pricing

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What’s the next step?

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Summary

Extremely effective at getting clients to make their payments On Time

Qualify, lend and turn lower credit score clients into good paying customers.

No implementation or usage costs

Cost Neutral to your business.

Positive payment reminder system

Priority payment assurance

A non contact collection service

Thank You

Feel free to contact us

Australia

Helpline : 1800 307 250

The Philppines

Helpline : 1800 1 116 1158