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© 2016 First Data Corporation. All Rights Reserved.
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ConnectPay℠Next Generation ACH Solutions from TeleCheck
© 2016 First Data Corporation. All Rights Reserved.
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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
© 2016 First Data Corporation. All Rights Reserved.
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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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© 2016 First Data Corporation. All Rights Reserved.
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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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© 2016 First Data Corporation. All Rights Reserved.
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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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© 2016 First Data Corporation. All Rights Reserved.
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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© 2016 First Data Corporation. All Rights Reserved.
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