Gp for schools presentation

enables your customers to instantly pay online with their ATM account.

designs, builds, and implements e-commerce and other online systems.

Service:

for SchoolsEnables paying your school fees through the internet from a bank account.

And the school to receive the payment funds in its bank account the following day.

for Schools

Dramatically reduces cashiering and cash handling requirements

Provides Accounting with the payment amounts to enter into the student ledgers

Eliminates the need to queue at the cashier or teller, and transact payments from anywhere, anytime.

Reduces the risk of overstating, diversion or theft of tuition money.

Benefits to Parents & Students

for Schools

Noemi Lagman, 21 years old, 4’10 ft., mid-heavy build, morena.

A student of Asia Pacific College – Magallanes left her house at Multinational Village, Parañaque Friday, January 6, 2012 around 9-10 AM to enroll carrying P33K.

She was last seen at the entrance of Multinational Village near Duty Free, Parañaque.

Please Pass, Please Help. Thank You.

Person to notify:Noel Lagman (Father) 0921-500-1468

FACT: Some Online Payment Facilities may be limited in number of payers.

12M cardholders+47 banks

bank’s depositors

3M users

on the pipeline for Q3, 2012

9.6M cardholders

5%

95%

FACT: Some Online Payment Facilities may be limited on when the school will know that payment has been made.

Day -4 -2 0 +1

Assessment Expiry

Exam Schedule

TransactionPosting

-1-3

TransactionPosting

2-day posting

TIME LINE

REAL-TIMEPOSTING

2-DAYPOSTING

ATTRIBUTES BANK‘S GREENPESO

1. How many payers can use? Limited to the bank's depositors

47 BancNet bank’s 12M depositors, 3M GCASH users

2. When will the school know that payment has been made?

2-3 days after the transaction

Real-time

3. How much does the school pay per transaction?

Ave. P20/transaction None

4. Does it generate an Acknowledgement Receipt to the payer?

User can print page showing transaction completed, non-retrievable

Yes, formatting customizable, with past receipts retrievable anytime

5. Does it provide payment history that’s searchable for school data?

3-month history, not searchable for school data

Complete history, searchable for school data (assessment #, student ID)

for Schools

Online Payment Gateway Comparative

ATTRIBUTES BANK‘S GREENPESO

6. Can the school create payment types, e.g. BS Nursing 1st Year, 1st Sem.?

No Yes

7. Does it provide payment analytics?

No Yes, broken down by payment types created

8. What does it require for the payors to be able to pay?

Access to retail internet banking facility, requires application and approval.

No processing needed, just the ATM Card Number and PIN.

9. Is it part of the school's website?

No Yes, deliver's traffic to and enhances school's website.

10. Does it lump all schools and billers in the payment page?

Yes No, payment page is dedicated to the school.

for Schools

Online Payment Gateway Comparative

PAYER GREEN PESO

1)

DAY 1 DAY 212:01 am 12:00 midnight 12:01 am

1) Payer accesses School’s website and selects online payment.

GreenPeso for Schools Online Payment Flow

2) Website channels online payment to BancNet Secure Site.

PAYER GREEN PESO BANCNET

1) 2)



3) BancNet sends online payment message to Payer’s Bank.

3)


PAYER’S BANK

1) 2)



4) Payer’s bank approves online payment and debits Payer’s bank account. Sends approved payment and debit message to BancNet.

3)


PAYER’S BANK

1) 2)

4)



5) BancNet sends real-time message to Green Peso informing that payment was made and Payer’s account was debited.

3)


PAYER’S BANK

1) 2)

4)5)



6) Green Peso shows BancNet payment approval in Payer’s screen and shows a “Print Acknowledgement Receipt” with a unique ID number to distinguish the payment from others.

3)


PAYER’S BANK

1) 2)

4)6) 5)



7) Payer prints Acknowledgement Receipt to show to School that payment has been made.

3)


PAYER’S BANK

1) 2)

7)

4)6) 5)

DAY 112:01 am 12:00 midnight 12:01 am


8) By midnight, BancNet transmits the full listing of payments in Day 1 to GreenPeso and Chinabank.

3)


PAYER’S BANK

1) 2)

7)

4)6) 5)

8)


CHINA BANK

GREEN PESO


9) By 9:00 am, no later than 12 noon of Day 2, BancNet remits all payments made to Chinabank. This is after BancNet has cleared and settled all online transactions with all participating banks.

3)


PAYER’S BANK

1) 2)

7)

4)6) 5)

8)

9)


CHINA BANK

GREEN PESO


10. After receiving the payments from BancNet, Chinabank in turn immediately remits to the bank accounts of all individual merchant Schools based on the full listing of payments received by midnight of Day 1.

3)


PAYER’S BANK

1) 2)

7)

4)6) 5)

8)

9)

10)


BANK 1

BANK N

BANK 2 …

SCHOOLS & THEIR BANK(S)

CHINA BANK

GREEN PESO


11) Green Peso sends list of payments per School starting 12 pm on Day 2 to support the credits made by the banks.

3)


PAYER’S BANK

1) 2)

7)

4)6) 5)

BANK 1

BANK N

BANK 2

11)

8)

9)


…

SCHOOLS & THEIR BANK(S)

10)

CHINA BANK

GREEN PESO


for Schools

CostsAnnual Maintenance FeeNumber of Students

Average No. of Students

Monthly Average Cost Per Student Monthly Fee Annual Fee VAT Total

1-5,000 2,500 0.4 1,000 12,000 1,440 13,4405,001-10,000 7,500 0.17 1,250 15,000 1,800 16,80010,001-20,000 15,000 0.12 1,750 21,000 2,520 23,52020,001-above 27,500 0.08 2,250 27,000 3,240 30,240

Transaction Fee: Php35.

Requirements

1. Signed GreenPeso MOA2. BancNet Documentary Requirements:

a. Completely filled out E-Merchant Data Formb. SEC Registration or DTI Registrationc. Business or Mayor’s Permitd. Audited Financial Statemente. BIR Form 1901 or 2303 (Cert. of Registration)f. Company Profile

for Schools

ftp://ftp.bir.gov.ph/webadmin1/pdf/20361901pg1.pdf

http://www.winalite.com.ph/docs/BIR.pdf

Implementation Flow

School reviews & approves MOA wording

Greenspan sends finalized MOA for signing

School submits signed GreenPeso MOA, BancNet documentation requirements

School & Greenspan’s IT coordinates for setup & installation. (1-3 days)School receives BancNet E-merchant ID (2-3 weeks)School’s IT conducts testing, then Greenspan’s IT turns over payment gatewayInformation drive to school's payers

Legend: School Greenspan School & Greenspan

Proposed Info Drive1. Put up Standees, Streamers; Distribute flyers When: Upon launch of online payment gateway Needs: Approval of content, design & location

2. Setup a booth offering hands-on live demo When: During payment periods Where: Near cashiers Needs: space, signage (provided), computers, internet, facilitators, online computer room

3. Conduct a presentation/workshop to PTA When: During a PTA Meeting Needs: projector & screen, computers, internet, facilitators

for Schools

- END -

for Schools

CostsBank Transfers

Settlement Account With Fee (Php) Payment funds available for disbursement

Chinabank, any branch nationwide

Transfer Fee: P15 12 pm, Day 2

BancNet-affiliated bank, any branch nationwide

Transfer Fee: P150 12 pm, Day 2

Other banks Manager's Check: P35 Subject to clearance period of settlement bank

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for Schools

Economy & Finance

Gp for schools presentation