Advanced Merchant Group

About AMG

Advanced Merchant Group [AMG] is a full service provider of Merchant Services throughout the United States and Canada, and we are still expanding. We maintain the status of ISO / MSP in the credit card processing industry. AMG's core beliefs are to provide our merchants with the best service available while maintaining a competitive balance with our processing fees.

AMG is a registered ISO/MSP of First Data, which is the largest Credit Card Processor in the world.

Since 2001, we have made it our business to lead the way in the payment processing industry. We process payments for merchants in any type of environment and in many countries throughout the world. Retail, MOTO or Internet our merchants can count on us to deliver high quality products with even a higher quality of customer service.

Since our inception in 2001 AMG has processed more than 16.23 billion dollars in credit card and check transactions.

• 28 Office Nationwide

• Offices in Chicago, North New Jersey, Phoenix, Dallas, Fort Lauderdale,

Atlanta, New York & Philadelphia

• Largest MSP in Philadelphia Tri-State Area

•New office coming to Toronto in 2011

•Over 600 Salespeople Nationwide

•Corporate office is maintained in Warminster, Pa.

Advanced Merchant Group

Processing Overview

Visa and MasterCard

• Assigns the interchange industry base rates.

• Maintains all systems to clear transactions.

• Both companies are now publically traded

First Data Merchant Services (Processor)• Affiliated with Wells Fargo Bank, N.A., Walnut Creek, CA

• First Data charges AMG for:

Bin Rental- AMG name appears on statement

Authorization

Settlement of transactions

Statement fee/account on file

Why it’s a great time to be in the processing Industry

Most rapid time of cost changes since the inception of the industry more than 30 years ago.

More merchants than ever before entering the marketplace

Niche market programs appeal to a wider audience, especially “developing” markets

Older Equipment is being phased out in place of newer, faster and more capable equipment

Recent Technologies opening new opportunities such as TCIP and huge potentials for wireless services

A younger, more “hip” customer base means electronic transactions are the preferred method of payment

Companies are recognizing that an “Un-tapped” market exits for business to business transactions.

About First Data

First Data is a provider of electronic commerce and payment solutions for merchants, financial institutions and card issuers globally and has operations in 37 countries.

The company provides these services to approximately 3.7 million merchant locations across the United States, and processed $1.5 trillion of payment transaction dollar volume on behalf of U.S. merchants in 2009.

• First Data Corporation Revenues of $9.3 billion up 2.1 billion from 2007• 25.5 billion card transactions processed • FDMS Sales Volume processed - $491 billion• 6 million merchants locations on file• U.S. Payment Transaction Dollar Volume $1.25 trillion• 25,000 employees worldwide• 58% of all U.S bankcard transactions were processed through, First Data or an affiliate.•For four years running, First Data has been ranked No. 1 in the Financial Data Services category of the FORTUNE 500 list (2007-2010).

THE TRANSACTION PROCESS

Merchant

First Data

First Data

Bank

Customer Card is entered at the merchants location.

1. Verifies funds are available.

2. Puts the money on hold.

The Bank sends a

response back to First

Data

Approval

Denial

First Data sends the information back to the merchants terminal.

Step 1 Authorization

Transaction Time

Dial up is 12 to 15 seconds

Internet is 3 to 6 secondsStep 2

Batch/Settlement

At the end of the day the merchant does a batch or settlement.

This moves the money into the merchants

bank account.

Identifies the issuing bank by reading the first six digits of the card number, referred to as

the BIN

AMERICAN EXPRESS

DISCOVER DINERS CLUB

JCBEBT

Voyager/Wright Express

AUXILLIARY CARD SERVICES

Each is an individual company:

Approve Merchants to accept the cardApprove the transactions Issues a separate Merchant Identification NumberSends separate statementsDeposits funds on their own schedule

Compatible Software Equipment

911 Software, Inc.Aloha TechAmerican ExpressAssist CornerstoneAtomic SoftwareBluebird Auto Rental SystemsBudge TextClearCommerce CorporationComputel Computer SystemsCRS Retail SystemsCyberSourceData Business SystemsDatacap Systems, Inc.Descartes, Inc.Edgil AssociatesMicros SytemsGateway Ticketing Systems, Inc.

Hotel Information SystemsIBS CorporationImageMerchant Data SolutionsMerchant-Link, Inc.gMicros Systems, Inc.NuSable [previously known as Sable]PC InnovationsPlug n PayPOSitouchRestaurant Computer SolutionsSchlumbergerShift 4 CorporationSouthern DataCommSquirrel Div. [Sulcas Hospitality]Synchronics

INTERCHANGE EXPLANATION

• Visa and MasterCard respond quickly to marketplace conditions, specific industry exceptions and consumer spending habits.

• As a result of this close scrutiny, the number of interchange

categories that describe possible transaction cost has grown to

over 400, which also includes Discover.

• Interchange is the industry’s base rate for services. Regardless

of how big or how small a company is everyone’s rate starts at

interchange, plus Dues & Assessments.

Processing…the way it should be.

• Visa / Mastercard / Discover Processing

• AmEx

• AMG Check Services [Conversion or Guarantee]

www.checktraining.com/amg

• AMG SecurePay

www.amgsecurepay.com

• Cash Advance for Merchants

• Affinity Reward Program

• AMG Gift & Loyalty Cards

• POS Software[Wireless Solutions and Pay @ the Table]

• AMG University

• www.amguniversity.com

Contact

600 Louis Drive Suite 202-A

Warminster, PA 18974

Phone: 877.99.SWIPE [79473] Fax: 215.701.4989

Info@advancedmerchantgroup.comMichael Wiener – CEO

Kevin Wiener- President AMG

Errick Wiener- President AMG SecurePay

Diane Young – Office Manager

Dana Taylor- Head Apps Processing for FD

Jarrod Pearson- Head Apps Processing Mid to High Risk