connectpay ach on file overview loop for shoptalk 3.8connectpay ach on file overview loop for...

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ConnectPay℠Next Generation ACH Solutions from TeleCheck


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TRANSFORMING THESHOPPING EXPERIENCEFOR ACTIVATEDCONSUMERS

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The activated consumer can doeverything, everywhere:

• Move money

• Manage savings

• Buy lunch

• Pay for gas

• Use a coupon

• Grab a coffee

• Catch a special sale

• Get customer rewards


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Connect with your Customers

Modern, Flexible Payment Strategy

Securely Drive Incremental Sales

User Experience Focused

• Access to multiple ACH solutions/services via API

• Fits anywhere ‘Card on File’ fits, i.e. mobile/virtual wallets

• Ties to loyalty programs• Supports any form factor• Differentiates from competition

• Authentication, Vaulting, Tokenization

• Removes sensitive consumer data from merchant

• Encourages customer loyalty through rewards

• Improves checkout ease• PIN secured transactions

• Rewards driven• Frictionless enrollment/validation

• Only two data points to complete enrollment

• Multiple enrollment channels• Auto-filled application

CONNECTPAY℠, our next gen ACH on File solution, offers instant enrollment features so you can easily drive customers to a lower cost, secure, token-based payment type

Increase Efficiency Reduce Costs

• Lower cost and guarantee available

• Supports connected commerce

• Higher approval rates than credit/debit cards

• Warranty eliminates liability

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Key Benefits

You Your CustomersEase of integration - access to multiple ACH solutions and services via API

Instant account validation, Easier than card enrollment, No transcribing info

Never handle consumer sensitive data – ACH token capabilities

Rewards driven vs. Debit no rewards

Increase customer stickiness -DDAs are longer term

Debit cards lock up funds in pre-auth situations

Supports payments at POS, Mobile, Online, Recurring, At Pump Provides “Float”

Reduce risk with warranty service, no chargebacks

Allows for a connected commerce purchasing experience

Appeal to customers that don’t have cards - 32M with no debit/credit card

Gives “card-less” customers buying power anytime, anywhere

The most versatile ACH payment platform in commerceAdd value to your business with a modern, lower-cost solution that fits anywhere ‘card on file’ does

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Supports virtually any payment use case

At POS In-AppStored Value

At Pump

Recurring

Online

• In-App/Stored Value– Consumer uses ACH to:

ü Load funds to a prepaid card, gift card, or virtual accountü Fund mobile app, virtual gift card for coffee shop and

earns 2x points/rewards

• At POS/At Pumpü C-store offers10 cent per gallon discount when ACH card

is used at the pumpü Grocer pay enables rewards accounts with ACH allowing

customers to pay with only their phone # + PINü Retailer pay enables mobile app with ACH for in-store

payments

• Online/Recurringü Consumer uses ACH to pay for monthly movie streaming

subscription ü Pizza retailer’s site allows customers to save ACH

information for quicker checkout ü Grocer allows customers to buy groceries in-app or online

and checkout from car

ConnectPay℠ Use Cases

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ConnectPay℠ In Action

AOFPaymentAPI

Client

tokenPayment• Warranty (guaranteed to client)• Non-warranty supported for recurring payments

• PIN protection at POS & Pump

At the Pump At the POS Recurring In App Online

Authorization& Settlement

token

AOFEnrollAPI

Client

Authentication Enrollment• Instant validation w/online banking login capability

• No checkbook or account number required• Tokenization or client customer # supported

• Consumers enroll bank account• TeleCheck validates and returns token• You save with ACH payment solution

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