1. Sage Programs Check
Jeff Bryson
November 10, 2018

2. How to Qualify a Check Merchant Check Programs Online Reporting/EFT VT
Check Agenda
Organization
ACH Stats
How to Qualify a Check Merchant
Check Programs
Online Reporting/EFT VT
Check Agent Site
Merchant Application
Resources
Sage presentation
10 November 2018

3. ORGANIZATION
Sage presentation
November 10, 2018

4. Sage Introduction
Corporate offices located in Ft. Walton Beach, FL In business since 1998 with a staff of over 70 employees 2,300 merchants boarded per month A leader in value added check and gift & loyalty solutions “Our #1 priority is never to jeopardize your bankcard merchant relationship.”
Sage presentation
10 November 2018

5. History 2014 2006 Sage acquires Verus 2004 Verus acquired 1998
Founded
2004 Verus acquired
2006 Sage acquires Verus
2014
GETI brand & org change
Sage presentation
November 10, 2018

6. Operation Resellers Merchants Sage EFT eMagnus Technology Platform
Product Development
Technology & Systems
Research & Development
Resellers
Merchants
Sage EFT
Merchant Underwriting & Activation
Marketing
eMagnus Technology Platform
Merchant Support
Business Development
Risk Management
Sales Support
10 November 2018

7. ACH STATS – 2014 FY The Evolution of Checks
Total ACH Volume increases 4.6 percent
18.3 Billion transactions processed worth over $40 Trillion
2014 WEB transactions increased by 10.18%
2014 ACH Debit transactions increases
Personal Account Debits (PPD) increased by 5.77%
Corporate Account Debits (CCD) increase by 9.42%
Source: NACHA – The Electronic Payments Association
Stats doesn’t include on-us volumes.
WEB = 3,611,077,927
PPD = 3,418,089,916
CCD = 867,157,437
Overall ACH Volume nearly 23 billion. (includes on-us and direct-send volume)
Sage presentation
10 November 2018

8. How to Qualify a Check Merchant Identifying Potential Opportunities
Prior to contact, have a general understanding of the merchant’s business model Question 1: Identify any payment related issues. Question 2: How are checks currently accepted? Question 3: Confirm the check types. Question 4: Uncover the average and largest ticket sizes.
Sage presentation
November 10, 2018

9. Point-of-Sale Conversion Guarantee & Non-Guarantee
Retail Environment / Personal Checks
Business Check Restrictions
Funded on returned checks
Merchant Receipt Requirements
Signature, Legible Printed Name, and Phone#
Funds in 3 Business Days
What is it? Instant authorization at the point of sale for face-to-face transactions. Check funds are electronically deposited into bank account.
Sage presentation
November 10, 2018

10. Point-of-Sale Conversion Who can use this?
Dry Cleaners
Nail Salons
Auto Parts/Repair
Grocery Stores
Car Wash
Retail Store
Merchant Types Any type of retail environment accepting personal checks.
Sage presentation
November 10, 2018

11. Point-of-Sale Conversion Selling Points
Electronic Conversion - Skip the trips to the bank!
Eliminates the bank’s return item fees
Guarantee on checks
Electronic Reporting
Sage presentation
November 10, 2018

12. Check 21
Check 21 POS
Face-to-Face
Guarantee options available
Check 21 REMOTE
Consumer-Not-Present
What is it? Check 21, also referred to as Remote Deposit Capture (RDC), allows merchants the ability to accept any type of check, in a point of sale or consumer-not-present environment.
Sage presentation
November 10, 2018

13. Check 21 Features Electronically process any type of check
Transaction Processing Options
Terminals VT
Guarantee Personal and Business Checks
No ACH Restrictions
Funding within 3 business days
Sage presentation
November 10, 2018

14. Check 21 Who can use this? Medical Property Management
Retail
Utilities
Education
Insurance
Merchant Types Any merchant that has a need to process physical checks.
Sage presentation
November 10, 2018

15. Check 21 Selling Points Electronically process any type of check
Eliminates the bank’s return item fees
Guarantee and Verification on transactions
Full and quick funding on large transaction amounts
Electronic Reporting
Sage presentation
November 10, 2018

16. ACH Debit Single ACH Debit One time debit Recurring ACH Debit
Schedule automatic debits
Verification
Multiple options available
Guarantee
Available for Single ACH only
ACH Credits
Employee payroll and vendor/client payments
Sage presentation
10 November 2018

17. ACH Debit Features Personal and Business Checks Authorization Forms
Transaction Processing Options VT
Certified 3rd party software options
API integration and File processing
Default 7 business day funding
Sage presentation
November 10, 2018

18. ACH Debit Who can use this?
Medical
Property Management
Non-Profits
Utilities
Memberships
Insurance
Merchant Types Any merchant that has a need to process one-time and recurring transactions without a physical check.
Sage presentation
November 10, 2018

19. ACH Debit Selling Points
Simplify check acceptance
Eliminates the bank’s return item fees
Guarantee and Verification on transactions
Consumer Convenience Fee
Electronic Reporting
Sage presentation
November 10, 2018

20. Checks-By-Phone Payments over the phone
Guarantee
Check protection on returned checks
Verification
Multiple options to authenticate transactions
Recording Service
Use existing service or our provided hosted voice authorization recording service
Sage presentation
10 November 2018

21. Checks-By-Phone Features
Personal Checks Only
Recorded Verbal Authorization or Authorization Form
Transaction Processing Options VT
Certified 3rd party software options
API integration and File processing
Default 7 business day funding
Sage presentation
November 10, 2018

22. Checks-By-Phone Who can use this?
Bill Payment and Collections
Insurance
Utilities
Call Centers
Merchant Types Any merchant that has a need to accept payments during a phone call.
Sage presentation
November 10, 2018

23. Checks-By-Phone Selling Points
Easily take checks over the phone
Eliminates the bank’s return item fees
Guarantee and Verification on transactions
Consumer Convenience Fee
Electronic Reporting
Sage presentation
November 10, 2018

24. Checks-By-Web Online Payments
eCommerce
Designed for merchants selling goods
Bill Pay
Merchant provides service and has a consumer agreement
Verification Option
Multiple databases and fraud detections systems
Sage presentation
10 November 2018

25. Checks-By-Web Features
eCommerce
$1000 default max check limit
Default 7 business day funding
Bill Pay
Check limit determined by industry type
Default 3 business day funding
Multiple ways to connect
Certified Gateway Software, File Processing, & Integrated API
Sage presentation
November 10, 2018

26. Checks-By-Web Who can use this?
Education/Schools
Non-Profits
Insurance
Utilities
Property Management
eCommerce sites
Merchant Types Any merchant that has a need to accept payments via a website.
Sage presentation
November 10, 2018

27. Checks-By-Web Selling Points
Increase sales with website payment acceptance
Eliminates the bank’s return item fees
Fraud detection via transaction verifications
Electronic Reporting
Consumer Convenience Fee
Sage presentation
November 10, 2018

28. Equipment Options Hardware and Gateway
Most POS Terminals manufactures Multiple Check Readers and Imagers Multiple 3rd party software “Compatibility” section of the agent sites
Sage presentation
10 November 2018

29. Online Reporting Website www.myonlinereports.com
Free To All Merchants
Multiple Processing Reports Types
Exportable Reports
Transaction Module (VT) can be added
Cost may apply
Sage presentation
November 10, 2018

30. Check Agent Site www.checktraining.com/nationwideps
Sage presentation
November 10, 2018

31. Merchant Applications
Sage presentation
November 10, 2018

32. Contact Information
Merchant Admin/Underwriting Phone: Fax: Sales Support Department Phone: Gift and Loyalty Department Phone: Above Dept. Hours: Mon – Fri 8am – 5pm CST
Customer Service Department Phone: Hours: Mon – Fri 7am – 7pm CST Saturday 8am – 5 pm CST Technical Support Department Phone: Hours: 24/7
Sage presentation
10 November 2018