ACH Debit | Product Description

BenefitsAbility to debit Business and Personal checking accounts

Recurring ACH Debit transactions are initiated automatically

No software or terminal to buy

Eliminates banking fees and paper check handling costs

Free, detailed 24/7 online reporting of all activity

No set-up fee (optional)

Low cost payment processing

NSF items re-submitted automatically

Single Debits

Recurring Debits

B2B Debits

Requirements for Set-up• CompletedACHDebitServiceAgreement&MerchantInformationform• VoidedcheckfromMerchant• Lastmonth’sbankstatement• CopyofMerchantBusinessLicense

CheckProcessorwillcontactmerchanttotrainonVirtualTerminalorFileProcessingprocedures.

Merchant Transaction Input Options

• CertifiedVirtualTerminals/Gateways• WebBased• Merchantinputstransaction

information• FileProcessing

• MerchantsubmitselectronicdatafiletoCheckProcessorviaFTPorWebServices

• CheckProcessorITDept.willcontactmerchantwithfilespecs

Transaction Guidelines and Funding• Writtenauthorizationfromcustomerandcopyofvoidedcheck

•Sampleauthorizationformprovided• Canalsobeinsertedintoanyofmerchant’sexistingagreements

• Checklimitsassignedinunderwritingprocess• 50basispoint(.50%)premiumforitems$2,500andlarger(doesnotapplytoGuarantee)

• CheckGuarantee&Verificationoption• AVirtualTerminalisrequired• GuaranteenotavailableforRecurringDebit

• Merchantfundedin5-7businessdaysonclearedtransactions

FeaturesSingle ACH Debit Processaone-timedebitfromacustomercheckingaccount.

Recurring ACH Debit Schedulepaymentsofthesameamounttooccuronaregularbasis.Transactionswillprocessautomaticallyonscheduleddate.

B2B ACH Debit DebitBusinesscheckingaccountswithSingleorRecurringdebits.

Verification Option Verifiesconsumeragainstnationalnegativedatabaseofbadcheckwriters.VerificationisavailableforSingleandB2BACHDebits.MerchantisrequiredtoutilizeaVirtualTerminaltoinputtransaction.(NotavailableforFileProcessing.)

Guarantee Option GuaranteeisavailableforSingleandB2BACHDebits.(GuaranteeisnotavailableforRecurringDebits.)MerchantisrequiredtoutilizeaVirtualTerminaltoinputtransaction.(NotavailableforFileProcessing.)

Online Reporting 24/7OnlineReportingprovidesfulltransactiontracking.

Virtual Terminal Webbased.APCwithinternetaccessisallthatisneeded.MultipleVirtualTerminals/Gatewaysaresupported.(SeeCompatibilitySheetforoptions.)Supportsmultipleusers.

ACH Debit enables merchants to set-up authorized debits from a customer’s checking account.

Merchants can schedule debits for a one-time occurrence or for recurring billing.

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ACH Debit | Product Description

Logintowww.demo.eftchecks.comtorunademotransactionforanytypeofACHDebit:OneTimeDebit,RecurringDebit,OneTimeB2B,andB2BRecurringDebit.

Sample Demo of B2B Recurring ACH Debit1. Accesswww.demo.eftchecks.com2. Loginname:demoACHDebitandpassword:123letmein3. Click“B2BRecurringDebit(111123)(Recurring)onthelefthandsidesection.4. IntheMainwindow,Click“NewTransaction”.5. FillinCustomerInformationsectioncompletely.(“Custom”fieldsareforanyinternaltrackingID’s,clerknames,

customerID’s,etc.thatthemerchantwishestotagonthetransactions.)6. IntheCheckInformationsection,usethefollowingdemoaccountinformation: RoutingNumber:490000018.AccountNumber:0000000087. Click“GotoNextTab”atthebottom.8. InputDebitscheduleandamounts.Click“NextTab”.9. Verifyscheduleiscorrectandclick“SubmitCheck”.

10. Awindowwillpop-upstating“SaveTransactionSuccessful.ClickOK.11. Youwillnowseealistofscheduleddebits.Youmayclick“NewTransaction”toscheduleanothercustomer.12. Variousreportsareavailablefromthelefthandnavigationpane.

ACH Debit online interface screenshots

Online reporting includes:•MerchantBankStatement•MerchantBatchResults•MerchantRejections•MerchantReturnslist•MerchantTransactions•MerchantUncollectedChecks

Select Debit Type Here:OneTime(Consumer)Recurring(Consumer)B2BOneTimeB2BRecurring

Example Merchant Types

B2B ACHInvoicePaymentsWholesalersBusinessServicesSuppliers

Single/Recurring ACHHealthClubsMembershipsUtilitiesGovernmentEducationDaycareMedicalInsurancePropertyManagementBillPayServicePaymentsDonations/Non-Profits

©20097/09/09v4.2