“Merchant can debit consumers checking account utilizing any touch tone phone. Funds guaranteed”*

How Merchant Processes Transaction

1) Dial 1-866-750-0270 on any phone.

2) Enter “PIN” #.

3) Enter 9-digit bank transit routing # and account #.

4) Enter the amount of the transaction.

5) Authorization # obtained if approved.

6) Consumer signs and completes ACH AUTHORIZATION FORM.

7) Merchant faxes copy of ACH FORM to check processor.

Merchant Funding and Guarantee

1. Maximum check limit of $300 for the Tele-Debit Program.

2. A completed ACH AUTHORIZATION FORM with Consumers signature required.

3. Merchant must fax ACH AUTH FORM to check processor within 72 hours.

4. Merchant funded in 5 business days.

5. Check Processor guarantees funds ( * refer to merchant agreement).

Merchant Setup

1. Tele-Debit Merchant Application

2. Copy of Voided check

3. Copy of a Business License

4. Merchant will receive a welcome kit to include: ACH Auth Forms and Instruction Guide.

TELE-DEBIT PROGRAM IS NOT DESIGNED FOR A RETAIL STORE FRONT. APPLICABLE FOR MOBILE MERCHANTS ONLY.

Unacceptable Merchant Types Unacceptable for Guarantee.

Eligible for NON guarantee:

• Credit Counseling

• Criminal & Bankruptcy Attorney

• Rent-to-Own

• Pawn Shops (unless they have a gun license)

• Used Auto Sales who offer In-House financing

• Loan or Finance Companies

• Collection Agencies

• Check Cashing Businesses

Eligible for verification ONLY:

• Adult Bookstores

• Bail Bondsmen

• Cash Back Accounts

• Investment Opportunities

• Lotteries, Raffles, Card Rooms and Gambling Establishments (Bingo is acceptable)

• unlicensed Massage Parlors

• Sexual Encounter firms

Tele-Debit Gold Program

• No Point of Sale Terminal or Check Reader needed

• Face-to-face transaction required

• Consumer signs an ACH Auth form – no paper check is used

Pricing

• Tele-Debit Program follows standard eGold program pricing with ADDITIONAL FEES OF:

• Buy Rate on Discount Fee is increased by an additional 1% (one percent)

• An additional $10 monthly access fee (non-commission)

Example of ACH AUTH FORM

Target Merchant Types

• • In home party sales
• • Flea markets
• • Pizza Delivery
• • Heating / AC repair
• • Locksmith
• • Home appliance repair
• • Mobile auto detail / wash
• • Towing services
• • Limo / Cab
• • Exterminators
• • Carpet cleaners
• • Door-to-Door sales