electronic check and ach recovery · introduction of check 21 in 1998 enrolled more than 50,000...

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Electronic Check and ACH Recovery Introduces

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Page 1: Electronic Check and ACH Recovery · introduction of Check 21 in 1998 Enrolled more than 50,000 small ... Did I mention Checkmarc is a FREE service from NPS Merchant Benefits. NPS

Electronic Check and ACH Recovery 

Introduces

Page 2: Electronic Check and ACH Recovery · introduction of Check 21 in 1998 Enrolled more than 50,000 small ... Did I mention Checkmarc is a FREE service from NPS Merchant Benefits. NPS

Corporate OverviewCorporate headquarters located in Columbia, MO

Innovator in electronic check and traditional recovery since the introduction of Check 21 in 1998

Enrolled more than 50,000 small businesses delivering Checkmarc services in all 50 states

Have enjoyed 70+ endorsements                                           from associations, industry partners and banks

We follow all National Automated Clearinghouse and Check 21 regulations and are SSAE 16 Type 1 audited

Page 3: Electronic Check and ACH Recovery · introduction of Check 21 in 1998 Enrolled more than 50,000 small ... Did I mention Checkmarc is a FREE service from NPS Merchant Benefits. NPS

Why Checkmarc & NPSCredibility – NPS has thousands of trusting clients and you have access to the decision makers

Goodwill ‐ Checkmarc is another reason to visit clients with an NPS “value‐add” FREE service

Client Retention ‐ Bundle Checkmarc with card services to help secure your portfolio against competition or as a tool to win new business

Income ‐ Checkmarc generates a supplemental recurring income stream for NPS reps

One call close –Assumed participation

FREE is easy! 

Page 4: Electronic Check and ACH Recovery · introduction of Check 21 in 1998 Enrolled more than 50,000 small ... Did I mention Checkmarc is a FREE service from NPS Merchant Benefits. NPS

Receive 100% of the face value of                                     recovered items

Avoid uncomfortable and often                                               confrontational  collection situations                               with customers

Recovery success over 50% better                                    than merchant’s performance – increased cash flow

No equipment to purchase, no contracts or hidden fees

Email or fax notification of returned items and recovereditems / payments plus website to view check images and status 

Did I mention Checkmarc is a FREE service from NPS

Merchant Benefits

Page 5: Electronic Check and ACH Recovery · introduction of Check 21 in 1998 Enrolled more than 50,000 small ... Did I mention Checkmarc is a FREE service from NPS Merchant Benefits. NPS

NPS / Checkmarc Literature

Page 6: Electronic Check and ACH Recovery · introduction of Check 21 in 1998 Enrolled more than 50,000 small ... Did I mention Checkmarc is a FREE service from NPS Merchant Benefits. NPS

Easy Merchant  Enrollment

Page 7: Electronic Check and ACH Recovery · introduction of Check 21 in 1998 Enrolled more than 50,000 small ... Did I mention Checkmarc is a FREE service from NPS Merchant Benefits. NPS

Welcome Packet

Page 8: Electronic Check and ACH Recovery · introduction of Check 21 in 1998 Enrolled more than 50,000 small ... Did I mention Checkmarc is a FREE service from NPS Merchant Benefits. NPS

Checkmarc Recovery Process

Merchant Deposits Checks

Check is Dishonored  

Notification to Merchant

2nd Optimized Presentment

3rd Optimized  Presentment

Traditional Recovery

Funds Recovered & Merchant Notified

Funds Deposited to Merchant Account

Recovery Fee is Shared with Bank

Page 9: Electronic Check and ACH Recovery · introduction of Check 21 in 1998 Enrolled more than 50,000 small ... Did I mention Checkmarc is a FREE service from NPS Merchant Benefits. NPS

Commission & Contest

Revenue Shared – Based on State Authorized Recovery Fees (SARF) – NPS is paid $10, $8 or $5 per recovered check

Commission –SARF x your NPS % = commission per recovered check    Payment and reports follow established NPS protocol

Contest  Period – April 1st thru May 31st

Awards – First = $1,000 / Second = $600 / Third = $400   Standings and award payments – June 15th  

Qualifier –Thirty enrolled merchants are needed to qualify for any award. Award winners are determined by highest number of merchant enrollments. 

Page 10: Electronic Check and ACH Recovery · introduction of Check 21 in 1998 Enrolled more than 50,000 small ... Did I mention Checkmarc is a FREE service from NPS Merchant Benefits. NPS

RecapNPS-branded / FREE value-add service Bundling opportunity – card services and checksClient retention / competitive tool to win new clientsMinimal literature & one-page Merchant ApplicationOne call close with recurring commissionGreat service from a thoroughly-vetted partnerPrompt commission and reconciliation reports

New revenue can begin in less than thirty days from client enrollment!