ITS USER GROUP CONFERENCE Emperors Palace 2014 Company confidential - not for distribution

SA Payment Streams Real Pay SA – Approved payment system operator (PASA) NAEDO Non Authenticated Early Debit Orders Bank participating: ABSA, FNB, Standard Bank, Nedbank, Capitec, Mercantile, Bank of Athens and Ubank Regulatory requirements PSSF Affiliation - both System Operator and Users Company confidential - not for distribution

Higher Education lnstitutions – CVP Payment systems access Cost efficiencies & convenience - University and Client Integrated Solution for administrative products (ITS) Full control & flexibility over transactions: resubmit, cancel, change pay dates and tracking (account monitoring) Bulk editing functionality with submission capability Advanced management information - Reports First inline to collect promise to pays (soft collections) Signed or Voice mandate required Company confidential - not for distribution

Pay date driven collections Tracking Breakdown: 1 2 3 4 5 6 7 8 9 10 14 21 32 Banks Mon, 25 May Tues, 26 May Wed, 27 May Times All banks NPS salary run 00H00 - ± 03h00 1st EDO run 03h00 FNB, ABSA SBSA ,Capitec Savings and Cheque Permanent tracking ± 03h00 Onwards Nedbank Mercantile Bank of Athens 2nd EDO run 17h00 Company confidential - not for distribution

5 Step process – capture to reconcile Bank Processing 1. 2. Transaction Presentment to Bank 3. 5. 4. Company confidential - not for distribution

RealPay/ITS High Level Transaction Flow 1. 2. Uploading of Payer Agreement Company confidential - not for distribution

Uploading of Payer Agreement Payment arrangement between Institution and payer is made to collect monthly fees owed. Payment agreement voice/signed by the payer to consent future dated payments arranged. Transactions then uploaded on the Real Pay Website Transactions are loaded once off Monitor and Edit transactions by monitoring the Real Pay Dashboard on a continuous basis. Company confidential - not for distribution

1. 3. 2. Transaction flow Real Pay/Bank Company confidential - not for distribution

Transaction flow Real Pay/Bank Transactions are sent up to the Early Debit Order stream. The requested transactions are processed via Bankserv. Payments take place where transactions receive a successful or failed status depending on account status of payer. Collected fees are then available in institution’s ABSA/FNB account within 24hours of successful collection. Advanced management reports are available on the Real Pay website with regards to failed and successful transactions. Company confidential - not for distribution

User submit a transaction Presentment & Processing User submit a transaction Submit transactions at least 15 hours in advance or up to 8.5 years MAX R15000 per instalment Website reporting User's Acc EDO world User's Acc All transactions are randomised BANK SERV

1. 3. 2. Real Pay/ITS Integration 4. Company confidential - not for distribution

Real Pay/ITS Integration Real Pay successful reports automatically uploaded on the ITS administrative system . ITS system will send an automated email regarding transaction status where the transaction will be inserted into the Student debtor subsystem and the cash book system. Reports are uploaded on a recurring basis into the ITS admin system to ensure up to date student payment information. Company confidential - not for distribution

1. 3. 2. 4. 5. Reconciliation Company confidential - not for distribution

Reconciliation of Transactions Unique identifier (contract sequence number) will be displayed on payer’s bank statement, Real Pay reports and Universities FNB/ABSA bank statement. Contract Sequence Number automatically entered on the statement journal of the student. Automation of above process is complete - integrated Transaction result displayed on student’s account. Company confidential - not for distribution

5 Step process – capture to reconcile 1. 2. Transaction flow RealPay/FNB 3. Bank One reference number 5. 4. Improved Cash Flow! Company confidential - not for distribution

Advanced Management Information (Reporting) Detailed 24 hour web based reporting exportable in Excel, PDF and CSV format to filter information effortlessly Reports regularly updated slots 06h30, 07h30, 09h30,11h30, 15h30, 17h30 and 21h30 Daily – submission files sent up twice daily Transaction history is kept online for unlimited period of time Identify each payer through fast and easy customable reporting Detailed reporting on all successful and failed transactions Company confidential - not for distribution

Real Pay and your Educational Institution Specialized Educational Focus Proven track record within the Educational sector Average successful collection rate of 85% + Collected funds available in your account within 24 hours Specialized relationship manager assigned to your institution Presentation at regulatory levels throughout the industry Don’t pay more for Less, pay less for more Company confidential - not for distribution

Questions Questions Company confidential - not for distribution

Please contact us: Company confidential - not for distribution Name: John Janse van Rensburg Tel: 012 347 0729 Fax: 012 347 0169 Mobile: 083 2349880 Mail: john@realpay.co.za/info@realpay.co.za Company confidential - not for distribution