Britannia/NET1 Web Britannia/NET1 Web Seminar 2007Seminar 2007

Presented By: NET1 Payment Presented By: NET1 Payment Solutions Solutions

Presenter: Brian MorabitoPresenter: Brian Morabito

Introduction to the NET1 FamilyIntroduction to the NET1 Family

Karen SchlotterbeckKaren Schlotterbeck

- Support and Marketing- Support and Marketing

- - karen@net1creditcard.comkaren@net1creditcard.com

- 301-223-1856 phone- 301-223-1856 phone

- 432-225-5948 fax- 432-225-5948 fax

Brian MorabitoBrian Morabito

- Sales and Support- Sales and Support

- brian@net1creditcard.com- brian@net1creditcard.com

- 800-718-8005 phone- 800-718-8005 phone

- 571-262-2276 fax- 571-262-2276 fax

Today’s PresentationToday’s Presentation

Britannia Program & Pricing IncentivesBritannia Program & Pricing Incentives

Level II and Level III Processing OptionsLevel II and Level III Processing Options

Examine the Processing OptionsExamine the Processing Options

Terminals –vs.– SoftwareTerminals –vs.– Software

NET1 ServicesNET1 Services

Tidbits on FraudTidbits on Fraud

Questions & AnswersQuestions & Answers

Interchange FeesInterchange Fees

Referred to Discount Fee PercentageReferred to Discount Fee Percentage

Most Expensive Component of TotalMost Expensive Component of Total

Merchant Processing Cost for a TransactionMerchant Processing Cost for a Transaction

Priced on Actuarial Risk ModelsPriced on Actuarial Risk Models

Fall and Spring - these are the 2 times a year Fall and Spring - these are the 2 times a year the fees can be increased by MasterCard and the fees can be increased by MasterCard and Visa.Visa.

What does Level II and Level III What does Level II and Level III mean?mean?

Level II and Level III is the enhanced data that is Level II and Level III is the enhanced data that is sent with the transaction at settlementsent with the transaction at settlement

The following cards can process Level II and The following cards can process Level II and Level III dataLevel III data

- Business Cards- Business Cards

-Corporate Cards-Corporate Cards

-Purchase Cards-Purchase Cards

If Level II/III data is passed you could qualify for a If Level II/III data is passed you could qualify for a lower rate on the salelower rate on the sale

What is Level II Data?What is Level II Data?

Level II Data RequirementsLevel II Data Requirements- Tax Amount - Tax Amount

(must be (must be between .01% and 22% of the transaction amount)

- Customer Code for Purchase Cards only

What is Level III Data?What is Level III Data?

Level III Data Minimum Requirements- Discount Amount- Freight/Shipping Amount- Duty Amount- Item Commodity Code- Item Descriptor- Product Code- Quantity- Unit of Measure- Unit Cost- Discount per Line Item and Line Item Total

Most Advantageous Business IncentivesMost Advantageous Business Incentives

Large Ticket Transaction Defined as Over Large Ticket Transaction Defined as Over $8,750 for VISA & $3,500 for MasterCard$8,750 for VISA & $3,500 for MasterCard

Enhanced Level II Data including:Enhanced Level II Data including:

-Customer Number-Customer Number

-Invoice Number-Invoice Number

-Tax Amount-Tax Amount

Enhanced Level IIIEnhanced Level III

-Addition of Line Item Detail-Addition of Line Item Detail

Options AvailableOptions Available

Payment TerminalsPayment Terminals::

- VeriFone, HyperCom, Nurit- VeriFone, HyperCom, Nurit

Necessary at the Point of SaleNecessary at the Point of Sale

Many LimitationsMany Limitations- Manual Entries “Downgrade”- Manual Entries “Downgrade”

-Not Integrated with Skipjack and -Not Integrated with Skipjack and Britannia Britannia

-Difficult to Enter Enhanced Data-Difficult to Enter Enhanced Data

Solutions AvailableSolutions AvailablePayment Software ServicesPayment Software Services

- 3- 3rdrd party software – Auth.net and Quick Books party software – Auth.net and Quick Books

Skipjack/Britannia Skipjack/Britannia IntegratedIntegrated Credit Card Module Credit Card Module- process over the internet opposed to a - process over the internet opposed to a phone line which is less time consuming phone line which is less time consuming- Information is transmitted back to accounting - Information is transmitted back to accounting software to eliminate the need to re-key software to eliminate the need to re-key- Credit card information is stored on the Britannia - Credit card information is stored on the Britannia server and not on the internet. server and not on the internet.- Integrated to Provide Enhanced Data that Allows - Integrated to Provide Enhanced Data that Allows for Special Program Pricing with a Preferred for Special Program Pricing with a Preferred Payment Vendor NET1 Payment Solutions Payment Vendor NET1 Payment Solutions

What you need to know about What you need to know about FraudFraud

Know your client base and how they order.  In Know your client base and how they order.  In 2005, the ecommerce industry's Fraud Loss was 2005, the ecommerce industry's Fraud Loss was $2.8 Billion.  Keeping the tips we suggest does $2.8 Billion.  Keeping the tips we suggest does not guarantee a sale is not fraudulent, but it will not guarantee a sale is not fraudulent, but it will deter fraudsters from targeting your business.deter fraudsters from targeting your business.

Potential Signs of Card Not Potential Signs of Card Not Present FraudPresent Fraud

First-time shopper First-time shopper

Larger than normal orders Larger than normal orders

Shipping to an international address Shipping to an international address

Transactions with similar account numbers Transactions with similar account numbers

Shipping to a single address but multiple cards Shipping to a single address but multiple cards are used are used

For online transactions - multiple cards used For online transactions - multiple cards used from a single IP address from a single IP address

Fraud Prevention ToolsFraud Prevention Tools

AVS AVS

VbV - Verified by Visa VbV - Verified by Visa http://usa.visa.com/merchants/risk_management/vhttp://usa.visa.com/merchants/risk_management/vbv.html?it=c|/merchants/risk_management/bv.html?it=c|/merchants/risk_management/card_not_present.html|%u201CVerified%20bycard_not_present.html|%u201CVerified%20by%20Visa%u201D %20Visa%u201D

MasterCard Secure Code MasterCard Secure Code http://www.mastercard.com/us/merchant/security/http://www.mastercard.com/us/merchant/security/what_can_do/SecureCode/index.htmlwhat_can_do/SecureCode/index.html

Questions & Answers

Program HighlightsProgram Highlights

Bankcard ProcessingBankcard Processing 60 “Commitment Free” Review 60 “Commitment Free” Review

Free comparison (analysis) of your current cost vs. the “preferred” Free comparison (analysis) of your current cost vs. the “preferred”

program ratesprogram rates

Special Pricing for Business TransactionsSpecial Pricing for Business Transactions

Large Ticket IncentivesLarge Ticket Incentives

Level III CapabilityLevel III Capability

And best of all….And best of all….No No hassleshassles!!

*** UNTIL October 15*** UNTIL October 15thth 2007 – ANY NEW ACCOUNT SIGNED AND 2007 – ANY NEW ACCOUNT SIGNED AND

APPROVED WILL RECEIVE 6 MONTHS OF STATEMENT FEES APPROVED WILL RECEIVE 6 MONTHS OF STATEMENT FEES

FREE***FREE***Please Contact Brian Morabito for Further InformationPlease Contact Brian Morabito for Further Information

571-262-2239 phone571-262-2239 phonebrian@net1creditcard.combrian@net1creditcard.com