Primary Business Services, Inc. The Primary Pay Card TM Copyright © 2006, Primary Business Services, Inc <Date> The Pay Card With Benefits!

Discussion Roadmap Discussion Roadmap  About Primary Business Services, Inc. (PBSI)  The Primary Pay Card Solution  What Makes The Primary Pay Card Program Unique  Process Flow  Implementation Overview  Pricing

About PBSI Mission:  To provide a Stored Value Debit Card program with a rich suite of unique benefits to employers and their employees PBSI delivers the following:  Card functionality and processing  Card production and fulfillment  Program implementation  Employee and employer training, education, support  Bi-lingual customer service – Web, IVR & Call Center operations  Optional ‘Line of Credit’ feature – Primary Advance  Optional ‘Mini-Medical’ Health Insurance coverage Partners: Partners:  Fiserv’s stored value platform processor - FSV Payment Systems, Inc.  MasterCard International – Meta Bank

What is a Payroll Debit Card? What is a Payroll Debit Card?  A secure way to electronically distribute corporate payroll, bonuses, commissions, reimbursements, and more  A program that enables employees to have safe and convenient access to their funds with no pre-qualifications or bank account required  A way to provide optional bundled benefits to employees (e.g., saving on money transfer to family and friends, access to emergency cash, Health Insurance, etc.)

Defining the Primary Pay Card  Individual, Pre-paid, Stored Value Accounts – owned by the cardholder  Host-based authorization (funds do not reside on the card)  Provide many of the same benefits of a traditional DDA (demand deposit account) without all the need or expense of a checking account  FDIC Insured up to $100,000  PIN Debit or Branded (MasterCard®)  ‘Line of Credit’ feature – Health Insurance plans

How the Primary Pay Card Works… Pay Card vs. Paper Paychecks PAY CARD PAPER CHECK Employee Bank Account ACH Payroll Processing Check Cashing Employee Check Distribution Check Production Payroll Processing Employee Card Account ACH Payroll Processing DIRECT DEPOSIT $ $$ $ $$$

Employee Benefits   Provides the non-banked with the equivalent of a bank account via a debit card.  Access funds 24 hours a day, 7 days a week from ATMs, retail stores, money transfer, etc.  Provides employee with convenience, security, and flexibility. Access funds 24 hours a day, 7 days a week from ATMs, retail stores, money transfer, etc.  Elimination of check cashing fees - Natural Disaster proof payroll disbursement  Companion Card allows inexpensive & safe method to instantly share funds worldwide with savings of up to 70%  Add money to the card from other sources (second job, government benefits, etc.)  Customer Service and Account Information 24/7/365 by telephone and Internet - In English and Spanish  MasterCard® debit card usage everywhere MasterCard® debit cards are accepted  Pre-Approved Emergency ‘Line of Credit’ with ability to Build Credit

Check Cashing Savings Example Check-Cashing Location Primary Pay Card Savings Average Monthly Fees $30$6.50$23.50 Fee Break- down Cash 2 checks per 2.5%, based on $600 net per pay period 2 ATM 1.75 ea * 6 POS ea *Some ATM’s will charge an additional terminal fee

Money Transfer Savings Example Money Transfer Agent (Send $300) Primary Pay Card (Send any amount) Savings Avg. Send Fee $15.00 Avg. Receive Fee (5%) $15.00 Est. Exchange Rate Loss $5.00 Total Fees $35.00 Card-to-Card Transfer $3.95 International ATM Fee $3.50 Est. Exchange Rate Loss $0.00 Total Fees $7.45 $27.55

Free and Clear It is important for employees to have “Free and Clear” access to their funds. Cardholders have 4 options: 1.USPS Money Order-38,000 locations 2.POS- can give cash back to 100% of balance 3.ACH transfer from the card to any bank account 4.OTC Cash Advance- Bank Branch locations

Employee Marketing – Enhance Your Lifestyle Employee Marketing – Enhance Your Lifestyle  More time and money for the things you want in Life  Pre-approved for ‘Emergency Cash’ needs  Immediate access to payroll funds on payday  Elimination of check cashing fees  Immediate reimbursement for expenses  Access to millions of ATM and POS locations  MasterCard-branded Debit Card with credit access… Helps build credit  Affordable Health insurance plans are available

 Companion Card – Easy inexpensive method to share funds worldwide The Card Belongs to you - Your Card for Life The Card Belongs to you - Your Card for Life  U.S. Postal Money Orders – 1 free per pay period  Access to payroll funds unaffected by natural disasters  All account information is private & confidential Safeguarding against identity theft Safeguarding against identity theft  Accepted at all self-serve gas station pumps

- Benefits - Benefits The Primary Pay Card Reduces Costs and Creates Efficiencies  Eliminates the cost of issuing check & distribution expenses  Bank fees, check stock, mailing/shipping, lost checks, fraud, etc.  Eliminates ESCHEAT requirements  Eliminates employee payroll advance requests  Fund employees for expenses, advances and incentives/bonuses  Launch sales promotions. Deliver Bonuses. Offer Incentive programs   Immediate termination pay with instant disbursement you control in real-time.  Increased employee productivity, morale and loyalty

PIN Debit and Branded Card Options PIN Debit – Initial Card Pack Instant Issue- Cardholder’s name need not be embossed on the card PIN-based - cannot be overdrawn No liability issues Use at nearly 2 million ATMs, POS, domestic and world-wide Cirrus/Plus/Interlink/STAR/Pulse/ NYCE PIN- entry is available Keep stock of cards on-hand for new employee or emergency issuance. Card-to-card transfers - domestic and international Voluntary MasterCard - Upgrade No instant issue- Employee’s name must be embossed, M/C hologram and mailed to home address; cards cannot be stocked locally Signature Card can be overdrawn- Cardholder liability issues Can be used at ATMs, POS and Everywhere MasterCard is accepted Online and Phone Purchases Bill Payment Employee age minimum - 18 years Card-to-card transfers-domestic only.

New England 1,500 Mid - Atlantic 6,600 West Coast 5,000 Rocky Mtn. 2,000 South Central 3,200 North Central 700 Great Lakes 2,600 Southeast 3,600 Allpoint Surcharge-Free ATM Network Allpoint Surcharge-Free ATM Network The Allpoint® ATM Network is Surcharge Free - 32,000 ATM locations nationwide Access available at all other ATM machines for a minimal fee

Primary Pay Card Deposit Flow Primary Pay Card Deposit Flow ACH & DEPOSIT EMPLOYER ISSUING BANK Employee Debit Account

Primary Pay Card Withdrawal Flow Primary Pay Card Withdrawal Flow Account Withdrawal Request Local ATM Network Primary Pay Card Processor Request Approved Transaction Processed

Process Flow - Overview Process Flow - Overview

Card Packaging  Plastic  Primary Pay Card - Instant issue  Companion PIN Card included  Card Carrier  Holds new card  Provides PIN & Passcode setup instructions  Enrollment form – bi-lingual  Informs employee of FREE transactions  Inserts  Cardholder Agreement (T&C)  Instructions for Use  MasterCard Upgrade stuffer

Implementation Processes  Enrollment and Set-up  Complete Enrollment Form  Provide employee data file  Adjustment Account for real-time card loading  Employee Enrollment  PBSI Team conducts employee enrollment meeting  PBSI Team distributes Card Pack with training DVD  Card Registration  PBSI registers card to individual employee  Card Loading  loads payroll to card via ACH “Direct Deposit” or batch

Program Pricing Program Pricing Program set-up:  $50 fee for Adjustment Account set-up - Optional  Card Packs - $2.00 ea  ePayStub – (Optional)  Bundled – Web/IVR/Coinstar - $0.40/employee/pay-period  Unbundled – Web/IVR -$0.20 Coinstar - $0.45 (per print)

Cardholder Fees Cardholder Fees ATM WITHDRAWAL DOMESTIC: $1.75 INTERNATIONAL: $3.50 BALANCE INQUIRY / DECLINE:$1.00 RETAIL POS DOMESTIC PURCHASE * / DECLINE:$0.50 US POST OFFICE MONEY ORDER: *$0.50 WEB / PHONE (IVR) ACCESS:FREE CARD-TO-CARD TRANSFER (PHONE/WEB):$3.95 STATEMENT FEE (Optional):$1.50 COINSTAR PAYROLL CASH VOUCHER: *$1.75 REPLACEMENT CARD FROM EMPLOYER:$5.00 REPLACEMENT CARD FROM CARDHOLDER SERVICES$10.00 ELECTRONIC TRANSFER TO BANK ACCOUNT: *$2.00 INACTIVITY FEE (MONTHLY AFTER 180 DAYS): $5.00 LIVE CUSTOMER SERVICE: $0.95/minute MASTERCARD SIGNATURE CARD UPGRADE:$7.95 *Cardholder is eligible for one (1) FREE POS Transaction, Coinstar Payroll Cash Voucher at participating locations when available, US Post Office Money Order, Electronic Transfer to a bank account, or Bank Teller presentment (MasterCard only), per pay period, whichever is used first.

In Summary The Primary Pay Card Advantage  Provide new employee benefits with the convenience and safety of a feature-rich financial services card  Paycard benefits help attract better employees and reduce attrition  Achieve cost savings through logistical efficiencies – Benefits require no program administration resources  Achieve a competitive advantage with unique benefits and program features not found elsewhere

Q&A and Next Steps