Ace Merchant Processing Intro

INTRODUCTIONINTRODUCTIONEasy Processing Keeps you Smiling…Easy Processing Keeps you Smiling…

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WELCOMEWELCOMEAce Merchant Processing is a registered ISO/MSP for registered ISO/MSP for Wells Fargo Bank, Walnut Creek, CAWells Fargo Bank, Walnut Creek, CA..

As a merchant services provider, our primary focus is to make available to merchants CREDIT AND CREDIT AND DEBIT/CHECK CARD PROCESSING SERVICES AND DEBIT/CHECK CARD PROCESSING SERVICES AND PROCESSING EQUIPMENTPROCESSING EQUIPMENT. We also provide other financial services including gift, prepaid, loyalty, EBT gift, prepaid, loyalty, EBT cards; check processing systems; cash advance cards; check processing systems; cash advance programs, equipment leasing, etc..programs, equipment leasing, etc..

Ace Merchant Processing offers a complete suite of payment services aimed to the needs of retailers, restaurant operations, service providers, hotel and lodging businesses, Internet e-commerce marketers, mail order and phone order businesses and other industries.

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SERVICESSERVICES

Ace Merchant Processing is your

completecomplete source for merchant accounts

and credit card processing equipment.

• Credit Card ProcessingCredit Card Processing• Debit Card ProcessingDebit Card Processing• Gift / Loyalty ProcessingGift / Loyalty Processing• Check ProcessingCheck Processing• ATM ServicesATM Services• Cash Advance ProgramCash Advance Program• POS Systems & SoftwarePOS Systems & Software• Third Party ProcessingThird Party Processing

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SUPPORTED CARD TYPESSUPPORTED CARD TYPES

Start accepting credit Start accepting credit cards cards today!today!

• VISAVISA

• MasterCardMasterCard • American ExpressAmerican Express • DiscoverDiscover

• Diners ClubDiners Club

• JCBJCB • Debit CardsDebit Cards• Fleet Cards Fleet Cards

(Voyager, Wright Express)

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MERCHANT BENEFITSMERCHANT BENEFITS•Fully Disclosed Fees and Agreement Contract Terms•Simple and Clear Monthly Statements•No Hidden Fees•24/7/365 Access to Online Reporting & Customer Service•Fraud Monitoring•Best Rates in the Industry•99% Approval Rate•Ability to Accept All Major Credit Cards•Free American Express Set Up•Free Discover Set Up•Free Equipment Program*

*Restrictions Apply

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• BEST VALUE ON MERCHANT PROCESSING:BEST VALUE ON MERCHANT PROCESSING: Fast and Reliable Service Fast and Reliable Service – On the AMP Platform,

processing is the fastest and most reliable, offering NEXT DAY NEXT DAY funding to merchants*.

Extremely Competitive Rates Extremely Competitive Rates – AMP provides extremely competitive rates for all services – credit, debit, check processing, etc..

PIN Debit PIN Debit – We offer great discounts on debit transactions, resulting in huge savings and justification for additional equipment such as PIN Pads.

• FULL SERVICE APPROACH:FULL SERVICE APPROACH: Analysis & App ProcessingAnalysis & App Processing Security & Risk MonitoringSecurity & Risk Monitoring ReportingReporting

ApprovalApproval Terminal Processing & Terminal Processing & DeploymentDeployment Many Value-Added ProductsMany Value-Added Products

*For Qualified Merchants Only

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FULL LINE OF EQUIPMENTFULL LINE OF EQUIPMENT All-in-One Terminals Stand Alone Terminals Wireless Terminals ATM Equipment Printers PIN Pads Check Readers Imprinters Supplies Accessories

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HOW CREDIT CARD PROCESSING HOW CREDIT CARD PROCESSING WORKS…WORKS…

THE ENTIRE PROCESS

TAKES JUST 3-15

SECONDS!!

This is the Bank that issued the credit card to your customer.

This the Merchant Bank that funds the merchant account.

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MERCHANT ACCOUNTSMERCHANT ACCOUNTS

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WHAT IS A MERCHANT WHAT IS A MERCHANT ACCOUNT?ACCOUNT?

A MERCHANT ACCOUNT MERCHANT ACCOUNT is an account that enables merchants to accept credit card payments. They can be obtained through a Licensed Agent of a financial institution. Any merchant who wants to take Any merchant who wants to take credit card orders must establish a merchant credit card orders must establish a merchant account.account.

It is important to choose the right type of It is important to choose the right type of merchant account and payment processor for the merchant account and payment processor for the kind of business you will be conducting. kind of business you will be conducting.

Some examples of MERCHANT ACCOUNTS MERCHANT ACCOUNTS include:

RetailRetail RestaurantRestaurant PetroleumPetroleum HospitalityHospitality Service ProvidersService Providers

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3 TYPES 3 TYPES OF MERCHANT OF MERCHANT ACCOUNTSACCOUNTS RETAIL MERCHANT ACCOUNTSRETAIL MERCHANT ACCOUNTS:

This type of account usually offers the lowest offers the lowest transaction fee, transaction fee, as long as the following conditions are met:

Card is swiped Signature is obtained Batch is closed within 24 hours

Examples of Examples of RETAILRETAIL Merchant Merchant Accounts:Accounts:

- Restaurants- Restaurants - Nail Salons- Nail Salons- C-Stores- C-Stores - Barber - Barber ShopsShops- Grocery Stores- Grocery Stores - Pet - Stores- Pet - Stores- Hair SalonsHair Salons - Doctors’ Offices- Doctors’ Offices

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MOTO MERCHANT ACCOUNTS:MOTO MERCHANT ACCOUNTS: Mail Order – Telephone Order Mail Order – Telephone Order accounts tend to charge a higher transaction rate higher transaction rate and are used when credit cards cannot be physically swipedcannot be physically swiped. Merchants usually process credit card payments by entering the credit card entering the credit card information information directly into a terminal.

INTERNET ACCOUNTS:INTERNET ACCOUNTS:Internet merchant accounts Internet merchant accounts are similar to MOTO accounts, but can only be used for internet internet transactionstransactions. Merchants with internet accounts use a virtual terminal or payment service gateway virtual terminal or payment service gateway to process credit card payments.

Examples of Examples of MOTOMOTO Merchant Accounts: Merchant Accounts:• Home-Based Businesses…Home-Based Businesses…Mail Order Catalogs…Mail Order Catalogs…Delivery Delivery ServicesServices

Examples of Examples of INTERNETINTERNET Merchant Accounts: Merchant Accounts:• Shopping Carts…Shopping Carts…amazon.com…amazon.com…L.L. Bean…L.L. Bean…walmart.comwalmart.com

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AGENT / DIRECT SALES AGENT / DIRECT SALES PROGRAMPROGRAM

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AGENT PROGRAMAGENT PROGRAM• AGENTS WANTED:AGENTS WANTED:

• OUR GOAL – AGENT DEVELOPMENT & OUR GOAL – AGENT DEVELOPMENT & RETENTION:RETENTION:

• WE OFFER:WE OFFER:

Ace Merchant Processing is looking for motivated self motivated self starters starters who will find and build relationships with businesses for their credit, debit and check card processing needs.

We rely on the continued success of our agents, and we will do anything we can to help you become more successful.

Generous and Competitive Generous and Competitive Commissions +Commissions +

CASH Bonuses Paid Weekly +CASH Bonuses Paid Weekly + LEASE Bonuses Paid Weekly +LEASE Bonuses Paid Weekly + Residual Income Residual Income

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AGENT PROGRAMAGENT PROGRAM• AGENT GOALS:AGENT GOALS:

An agent with a willingness to follow instructions, a winning attitude and a persistent spirit, using AMP’s pattern, system and leads should acquire at least 3 at least 3 clients per week.clients per week. That’s only 13 per month, or That’s only 13 per month, or about 156 a year about 156 a year (3 clients per week X 52 weeks). (3 clients per week X 52 weeks).

AMP will provide participating Agents with an initial 20 leads; Other leads can be generated using www.salesgenie.comwww.salesgenie.com or other sales websites.

• LEAD GENERATION:LEAD GENERATION:

We highly recommend that our Agents visit their nearest Sales Tax Offices, County Clerk’s Offices, Sales Tax Offices, County Clerk’s Offices, Chambers of Commerce,Chambers of Commerce, etc. to collect new business leads.

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AGENT PROGRAMAGENT PROGRAM• CLASSIFICATION AND REQUIREMENTS:CLASSIFICATION AND REQUIREMENTS:

The AMP Agent: Is classified as an Independent Contractor.Independent Contractor. Needs to execute our AMP Agent Agreement and

submit a W-4. Will be given a 1099 documenting their total pay

at the end of the year. Will be responsible for their own taxes and

expenses.

The AMP Agent: Is expected to equip their own Virtual OfficeVirtual Office with a

computer, printer, phone, fax and internet access. Can expect training, agent support,

documentation, literature, residual reporting and on-time commission pay-outs, free-of-charge by AMP.

• AGENT EXPECTATIONS:AGENT EXPECTATIONS:

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AGENT PROGRAMAGENT PROGRAM• AGENT PAY-OUT:AGENT PAY-OUT:

The result will be both immediate income immediate income from sales, from sales, and significant ongoing residual* ongoing residual* income income from recurring monthly processing fee profits, without the investment, overhead and substantial risk.

• TIMING OF COMPENSATION:TIMING OF COMPENSATION:* Minimum Residual Pay-out = $250.00 / month

RESIDUALS:RESIDUALS: Compensation calculated for a month’s Transactions shall be paid within thirty days (30) paid within thirty days (30) after the end of such month. after the end of such month. At the time of each payment, or soon thereafter, AMP will provide a statement detailing the computations which will include

Merchant volume, rate and fees charged to the Merchant, and revenue generated for each Merchant. BONUSES: BONUSES: New Account Bonuses New Account Bonuses will be paid weekly every will be paid weekly every

Wednesday Wednesday for the previous week’s activity. Terminal Sales or Lease Bonuses Terminal Sales or Lease Bonuses will be paid weekly will be paid weekly

every Wednesday every Wednesday for the previous week’s activity.

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UNDERSTANDING PRICINGUNDERSTANDING PRICING

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UNDERSTANDING PRICINGUNDERSTANDING PRICING•PRICING IS ALWAYS DETERMINED BASED ON:PRICING IS ALWAYS DETERMINED BASED ON:

Type of business Type of business (ex. Restaurant, Motel, Gas Station, Fast Food, etc.)

Average TicketAverage Ticket Monthly Volume Monthly Volume of Visa/MasterCard

Transactions Type of Cards Type of Cards being used (e.g. Qualified

Category, Commercial, Rewards, Check Cards, etc.)

Nature of transaction Nature of transaction (e.g. swiped, keyed in, Internet based, etc.). It plays a vital role in setting different pricing levels.

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WHAT IS INTERCHANGE?WHAT IS INTERCHANGE?

InterchangeInterchange is the set price set price from VISA, MasterCard and Discover for various types of businesses and credit card transactions.

What is not part of interchange?What is not part of interchange?

American Express, Diners, JCB, Fleet Cards

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Interchange = % + Transaction FeeInterchange = % + Transaction Fee

For E.g.: Interchange for Credit Retail – Card Swipe :For E.g.: Interchange for Credit Retail – Card Swipe :1.54% + $0.10 - Visa1.54% + $0.10 - Visa

TYPES OF TYPES OF PRICINGPRICING

PASS THROUGH PASS THROUGH PRICING:PRICING:

Prior Authorization from Prior Authorization from AMP HQ is required to AMP HQ is required to offer Pass Through offer Pass Through Pricing to Merchants.Pricing to Merchants.

1

22nd most profitable for

Agent

MOSTMOST Profitable for Profitable for AgentAgent

Best for Merchant!

3-TIER PRICING:3-TIER PRICING:QualifiedQualifiedMid-QualifiedMid-QualifiedNon-QualifiedNon-Qualified

ERRERR* PRICING: PRICING: QualifiedQualifiedNon-QualifiedNon-Qualified*(Enhanced Rate Recovery)

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3-TIERED PRICING EXAMPLES3-TIERED PRICING EXAMPLES

In the examples that follow, we use Ace Merchant Processing’s

Buy Rates Buy Rates compared to the given Example Rates Example Rates to show different variances of profit. Buy rates change

approximately 1-2 times per year. Example 1Example 1 is a Qualified transaction, Example 2Example 2 is a Mid-Qualified transaction and Example 3Example 3 is a Non-Qualified transaction.AMP BUY AMP BUY

RATESRATESEXAMPLE EXAMPLE RATESRATES

QUALIFIED 1.65% + 18¢ 1.69% + 21¢MID-QUALIFIED

1.95% + 18¢ 2.44% + 21¢

NON-QUALIFIED

2.25% + 18¢ 3.19% + 21¢

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Example 1: Qualified TransactionExample 1: Qualified Transaction

A $100.00 purchase is made and the card is swiped on A $100.00 purchase is made and the card is swiped on the terminal. The merchant will be charged the the terminal. The merchant will be charged the Qualified Rate.Qualified Rate.

MERCHANT COSTMERCHANT COSTMerchant is charged 1.69% which equals $1.69 plus a

transaction fee of 21¢, for a total of $1.90. This transaction cost the merchant $1.90.$1.90.

AMP COSTAMP COSTAMP’s cost is $100.00 x 1.65% which equals $1.65

plus a transaction fee of 18¢, for a total of $1.83.$1.83.

AMP PROFITAMP PROFITTotal Profit for AMP for this transaction is $0.07 $0.07 ($1.90 minus $1.83)

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Example 2: Mid-Qualified Example 2: Mid-Qualified TransactionTransactionA $100.00 purchase is made using a personal credit card A $100.00 purchase is made using a personal credit card but is key-entered into the terminal. but is key-entered into the terminal. (This usually occurs (This usually occurs when a phone order is placed or when the terminal when a phone order is placed or when the terminal cannot read the magnetic strip on the card.)cannot read the magnetic strip on the card.) In this case, In this case, the merchant will be charged the the merchant will be charged the Mid-Qualified Rate.Mid-Qualified Rate.

MERCHANT COSTMERCHANT COSTMerchant is charged 2.44% which equals $2.44 plus a transaction fee of 21¢, for a total of $2.65. This transaction cost the merchant $2.65.

AMP COSTAMP COSTAMP’s cost is $100.00 x 1.95% which equals $1.95 plus a transaction fee of 18¢, for a total of $2.13.


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Example 3: Non-Qualified Example 3: Non-Qualified TransactionTransactionA $100.00 purchase is made using a business card and A $100.00 purchase is made using a business card and

swiped through a terminal with signature. The swiped through a terminal with signature. The merchant will be charged the merchant will be charged the Non-Qualified Rate.Non-Qualified Rate.

MERCHANT COSTMERCHANT COSTMerchant is charged 3.19% which equals $3.19 plus a

transaction fee of 21¢, for a total of $3.40. This transaction cost the merchant $3.40.

AMP COSTAMP COSTAMP’s cost is $100.00 x 2.25% which equals $2.25 plus a

transaction fee of 18¢, for a total of $2.43.


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ERR PRICING EXAMPLESERR PRICING EXAMPLESIn the examples that follow, we use Ace Merchant

Processing’sBuy Rates Buy Rates compared to the given Example Rates Example Rates to show different variances by profit. Buy rates change

approximately 1-2 times per year. AMP BUY AMP BUY


QUALIFIED 1.65% + 18¢ 1.69% + 21¢NON-QUALIFIED

2.25.% + 18¢ 1.00% + 21¢

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What ERR Means:

ERR is effective for Mid & Non Qual Transactions. ERR Means , Merchant is charged the interchange fee for Mid & Non Qual Transaction + the ERR charge which is 1% in this chase


A $100.00 purchase is made using a personal credit card A $100.00 purchase is made using a personal credit card and keyed through a terminal, with no signature. and keyed through a terminal, with no signature.

MERCHANT COSTMERCHANT COSTMerchant is charged 1.69% which equals $1.69 plus a transaction fee of 21¢,, for a total of $1.90. This transaction cost the merchant $1.90.

AMP COSTAMP COSTAMP’s cost is $100.00 x 1.65% which equals $1.65 plus a transaction fee of 18¢, for a total of $1.83.


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Example 2: Non-Qualified Example 2: Non-Qualified TransactionTransactionA $100.00 purchase is made using a business credit card A $100.00 purchase is made using a business credit card

and keyed through a terminal with no signature. The and keyed through a terminal with no signature. The merchant will be charged the merchant will be charged the Non-Qualified Rate.Non-Qualified Rate.

MERCHANT COSTMERCHANT COSTMerchant is charged 1% ERR which equals Non Qual

Transaction passed @ 2.25% which equals to $2.25 plus 1% ERR charge which equals to $2.25 + $1.00 = $3.25 and transaction fee of 21¢, for a total of $3.46. This transaction cost the merchant $3.46.



AMP PROFITAMP PROFITTotal Profit for AMP for this transaction is $1.03 $1.03 ($3.46 minus $2.43) 1.877.680.4ACE1.877.680.4ACE

PASS THRU PRICING EXAMPLESPASS THRU PRICING EXAMPLES

In the examples that follow, we use Ace Merchant Processing’s

Buy Rates Buy Rates compared to the given Example Rates Example Rates to show different variances of profit. Buy rates change

approximately 1-2 times per year. Example shows Example shows Pass Thru interchange

pricing and profit for all transaction type.AMP BUY AMP BUY


QUALIFIED 1.65% + 10¢ + 8¢

PT* + 0.20% + 11¢

MID-QUALIFIED

1.95% + 10¢ + 8¢

PT *+ 0.20% + 11¢

NON-QUALIFIED

2.25% + 10¢ + 8¢

PT *+ 0.20% + 11¢

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* PASS THRU = 1.54% * PASS THRU = 1.54% + 10+ 10¢


A $100.00 purchase is made and the card is swiped on A $100.00 purchase is made and the card is swiped on the terminal. The merchant will be charged the the terminal. The merchant will be charged the Qualified Rate.Qualified Rate.

MERCHANT COSTMERCHANT COSTMerchant is charged PT + 0.20% + 11¢ which equals

$1.65 (1.65% pass thru rates for qualified transaction) plus a transaction fee of 10¢ (pass thru rates for qualified transaction) for a total of $1.75 plus 0.20% of $100.00 = $0.20 + 0.11 = 0.33 so total = $2.08. This transaction cost the merchant $2.08.$2.08.

AMP COSTAMP COSTAMP’s cost is $100.00 x 1.65% which equals $1.65

plus a transaction fee of 18¢, for a total of $1.83.$1.83.


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Example 2: Mid-Qualified Example 2: Mid-Qualified TransactionTransactionA $100.00 purchase is made using a personal credit card A $100.00 purchase is made using a personal credit card but is key-entered into the terminal. but is key-entered into the terminal. (This usually occurs (This usually occurs when a phone order is placed or when the terminal when a phone order is placed or when the terminal cannot read the magnetic strip on the card.)cannot read the magnetic strip on the card.) In this case, In this case, the merchant will be charged the the merchant will be charged the Mid-Qualified Rate.Mid-Qualified Rate.MERCHANT COSTMERCHANT COSTMerchant is charged PT + 0.20% + 11¢ which equals $1.95 (1.95% pass thru rates for qualified transaction) plus a transaction fee of 10¢ (pass thru rates for qualified transaction) for a total of $2.05 plus 0.20% of $100.00 = $0.20 + 0.11 = 0.33 so total = $2.38. This transaction cost the merchant $2.38.$2.38.AMP COSTAMP COSTAMP’s cost is $100.00 x 1.95% which equals $1.95 plus a transaction fee of 18¢, for a total of $2.13.AMP PROFITAMP PROFITTotal Profit for AMP for this transaction is $0.25 $0.25 ($2.65 minus $2.13)

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Example 3: Non-Qualified Example 3: Non-Qualified TransactionTransactionA $100.00 purchase is made using a business card and A $100.00 purchase is made using a business card and

swiped through a terminal with signature. The swiped through a terminal with signature. The merchant will be charged the merchant will be charged the Non-Qualified Rate.Non-Qualified Rate.

MERCHANT COSTMERCHANT COSTMerchant is charged PT + 0.20% + 11¢ which equals $2.25 (2.25%

pass thru rates for qualified transaction) plus a transaction fee of 10¢ (pass thru rates for qualified transaction) for a total of $2.35 plus 0.20% of $100.00 = $0.20 + 0.11 = 0.33 so total = $2.68. This transaction cost the merchant $2.68.$2.68.




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DEBIT PROCESSINGDEBIT PROCESSING

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DEBIT CARDSDEBIT CARDS

According to statistics from VISA and MasterCard, 78% of all cards used in 2007 under $150 were 78% of all cards used in 2007 under $150 were check/debit cards. check/debit cards. Although these cards may have the VISA or MasterCard logos, they are NOT credit cards. These cards are directly linked to the directly linked to the cardholder’s checking account cardholder’s checking account and will only be approved for a transaction if there is sufficient funds to cover the transaction.

There are 2 ways a merchant can process a check card:

1)1) ON-LINE DEBITON-LINE DEBIT: By entering their PIN into a PIN pad, or

2)2) OFF-LINE DEBITOFF-LINE DEBIT: By swiping the check card the same as a credit card.

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DEBIT CARDSDEBIT CARDS• ON-LINE DEBIT:ON-LINE DEBIT:

Also referred to as “PIN-Based” “PIN-Based” Debit. A merchant must be set up to “capture” check

card Personal Identification Numbers (PINs) using a PIN Pad connected to the merchant’s terminal.

By capturing the PIN, the merchant will be charged a transaction fee (debit fee) instead of paying his/her qualified rate.

• OFF-LINE DEBIT:OFF-LINE DEBIT: Also referred to as “Signature-Based” “Signature-Based” Debit. A merchant swipes the card through their

terminal and the customer signs the receipt (exactly the same as a credit card).

The merchant will be charged the qualified debit rate (i.e. a swiped transaction).

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HOW PIN DEBIT WORKSHOW PIN DEBIT WORKS When a card is presented for a purchase, the

merchant asks, “Debit or Credit?” “Debit or Credit?” The cardholder chooses DebitDebit and the merchant swipes

the card through his/her terminal.

The cardholder is then asked to enter

their PINPIN on the PIN pad.

The cardholder does not sign a receipt

for the transaction.

**It is important to point out, there is no difference in cost to **It is important to point out, there is no difference in cost to

the cardholder for either credit or debit transactions.**the cardholder for either credit or debit transactions.**

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DEBIT CARDSDEBIT CARDS• PIN VS SIGNATURE DEBIT EXAMPLE:PIN VS SIGNATURE DEBIT EXAMPLE:

SIGNATURE QUALIFIED SIGNATURE QUALIFIED DEBIT RATEDEBIT RATE

PIN DEBIT PIN DEBIT RATERATE

MERCHANMERCHANT T

SAVINGS*SAVINGS*1.69% + 21¢ = $1.06$1.06 56¢56¢ 50¢50¢

In the example below, we compare Ace Merchant Processing’s

rates of PIN Based Debit PIN Based Debit against Signature Debit.Signature Debit. Buy rates

change approximately 1-2 times per year. The box The box below below

shows the savings for a merchant with an Average shows the savings for a merchant with an Average Ticket of Ticket of

$50.00 per transaction.$50.00 per transaction.

If this merchant did 500 transactions per month and they were

capturing PINs for check cards, using the national average of

55%, they would save $137.50$137.50 per month. This is a compelling

reason for a merchant to accept PIN-based debit transactions

without lowering any other fees.

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EBT PROCESSINGEBT PROCESSING(FOOD STAMPS)(FOOD STAMPS)

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EBT stands for “Electronic Benefits TransferElectronic Benefits Transfer.” It is a way of delivering Food Stamp benefits without paper coupons. Using a plastic card that works like Using a plastic card that works like a debit card, recipients may access their benefits at a debit card, recipients may access their benefits at retail Point-of-Sale (POS) devices. retail Point-of-Sale (POS) devices.

Supermarkets, grocery stores and convenience Supermarkets, grocery stores and convenience storesstores - which have been authorized for food stamp acceptance by the USDA-FNS - are the primary are the primary target markets for the food stamp EBT program.target markets for the food stamp EBT program.

WHAT IS EBT?WHAT IS EBT?

Consumers can swipe a debit card in the debit card terminal, instead of keeping up with paper coupons. 42 states are fully online with EBT for food stamps and most of the rest are pending.

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CHECK PROCESSING SERVICESCHECK PROCESSING SERVICES

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ELECTRONIC CHECK ELECTRONIC CHECK CONVERSION & GUARANTEECONVERSION & GUARANTEE

The Electronic Check Conversion Electronic Check Conversion & Guarantee& Guarantee service captures information from a paper check and converts it into an electronic item that is processed through the Automated Clearing House (ACH). With Electronic Check Conversion & Electronic Check Conversion & GuaranteeGuarantee, merchants can process checks just like a credit card, decreasing bad checks, and eliminating NSF and deposit fees from the local bank. This service offers merchants a number of benefits, including a reduction in paperwork and improved cash flow.

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WHY WHY SHOPPERSSHOPPERS WRITE CHECKS WRITE CHECKS Bank Float Techno-friendly Easy No associated interest payments Safe (not like cash stolen or c. c. fraud) Record keeping

WHY WHY MERCHANTSMERCHANTS LIKE CHECKS LIKE CHECKS No credit limits High average ticket Won’t get stolen 90% of shoppers have checks

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BENEFITSBENEFITS OF ELECTRONIC OF ELECTRONIC CHECK CONVERSION & CHECK CONVERSION & GUARANTEEGUARANTEE Eliminate bad checks Funds deposited to your account in 48-72 hours Eliminate NSF and Deposit fees from local bank Stop wasting labor sorting and depositing checks No paper claims filing for bad checks Detailed online reporting Increase sales by accepting all types of checks, including out of state checks. Process is simple to use…It’s just like a credit card transaction.

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ELECTRONIC CHECK ELECTRONIC CHECK CONVERSION & GUARANTEE CONVERSION & GUARANTEE PROCESSPROCESS

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ATM SERVICESATM SERVICES

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ATM SERVICESATM SERVICESAce Merchant Processing provides comprehensive ATM ATM services services and high-quality ATM products ATM products to independent merchants and small business owners across the nation.

AMP offers Financial Institutions and ATM providers a wide selection of services that lets them design the ATM program that best meets their needs.Today, over 400,000 ATMs process over ten billion Today, over 400,000 ATMs process over ten billion transactions a year. And the whole industry is still transactions a year. And the whole industry is still in its infancy.in its infancy.

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THE BEST ATM LOCATIONSTHE BEST ATM LOCATIONSAs ATM operating costs have declined and consumer demand has increased, opportunities for ATM placement have increased dramatically. Almost any retail location is a potential fit for the Almost any retail location is a potential fit for the right ATM.right ATM.

Source: http://wrgservices.com

Convenience Stores

Grocery Stores

Restaurants

Hotels

Nightclubs

Military BasesGovernment Buildings

Colleges

Travel Centers

Sports Centers

Workplace Vending Locations

Event Locations

Shopping Centers

Hospitals and Other Healthcare Facilities

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ATM PROCESSING AND RESIDUALSATM PROCESSING AND RESIDUALS OPTION 1OPTION 1AMP owns the ATM and Merchant loads the cashAMP owns the ATM and Merchant loads the cashBased on $1.50 surcharge

MONTHLY MONTHLY TRANSACTIONS RANGETRANSACTIONS RANGE

MERCHANT’S INCOME MERCHANT’S INCOME PER TRANSACTIONPER TRANSACTION

001-500 $0.85501 and above $0.95

DISTRIBUTORS WILL MAKE $0.20 / DISTRIBUTORS WILL MAKE $0.20 / TRANSACTIONTRANSACTION

OPTION 2OPTION 2Merchant owns the ATM and loads the Merchant owns the ATM and loads the cashcashMerchant keeps100% of the surcharge up Merchant keeps100% of the surcharge up to $2.00to $2.00DISTRIBUTORS WILL MAKE $0.20 / TRANSACTIONDISTRIBUTORS WILL MAKE $0.20 / TRANSACTION

*Commission schedules vary for other surcharges. As each *Commission schedules vary for other surcharges. As each transaction range is reached, the income for that range transaction range is reached, the income for that range becomes effective for all transactions that occur in that becomes effective for all transactions that occur in that

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PROFIT POTENTIAL – ATM - PROFIT POTENTIAL – ATM - RESIDUALSRESIDUALS AN AVERAGE EVERY ATM DOES CLOSE TO AN AVERAGE EVERY ATM DOES CLOSE TO

350 TRANSACTIONS A MONTH350 TRANSACTIONS A MONTH

Distributor places 3 ATM’s / monthDistributor places 3 ATM’s / month

Annual Placement - 36 ATMAnnual Placement - 36 ATM

$2,520.00 MONTHLY $2,520.00 MONTHLY RESIDUALRESIDUAL

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DISTRIBUTORS WILL MAKE $0.20 / TRANSACTIONDISTRIBUTORS WILL MAKE $0.20 / TRANSACTION

$70.00 / MONTH PER ATM PLACEMENT$70.00 / MONTH PER ATM PLACEMENT

CASH ADVANCE PROGRAMCASH ADVANCE PROGRAM

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CASH ADVANCE PROGRAMCASH ADVANCE PROGRAMAce Merchant Processing offers funding up to $250,000 $250,000 that can be used for expansion, equipment purchase, promotion, etc…

Ace Merchant Processing is not a bank, and our cash advances are not bank loans. Our program is a patent-pending financial process that focuses on future credit card transaction future credit card transaction revenue as a repayment vehiclerevenue as a repayment vehicle. .

Our sole objective is to provide your merchants with working capital,working capital, quickly and easily, that will help them to achieve their business growth objectives plus avoid the hassles and indignities that accompany bank loan applications.

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BUSINESS CASH ADVANCEBUSINESS CASH ADVANCEApplying for a business cash advance from Ace Merchant Processing is easy and quick. The application is two pages and can be faxed or e-mailed directly back to us. You will know within 48 48 hours hours if you’ve been approved.

TO QUALIFY… TO QUALIFY… Your monthly VISA/MasterCard revenue must exceed $5,000.00; You have no prior unresolved bankruptcies; You have been in business for at least 12 months

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CONVENTIONAL LOANCONVENTIONAL LOAN CASH ADVANCECASH ADVANCEDetailed Financial Statements for

2-3 yearsFinancial statements not required

Audited Tax Returns for 2-3 years Audited Tax Returns not requiredMust be in business for a minimum

of 2-3 yearsMust be in business 9 months or less

Personal Guarantees of all owners Guarantee against fraud or intervention

Lengthy Approval Process 48 hours for approvalCostly Application Fees No application fees

High Credit Scores Required Proprietary Scoring system does not require high credit scores

Costly Closing Costs Only your future credit card salesCollateral of all business Assets 2 pages basic application and copy of

last four months credit card processing statements

Complicated Application Repayment based only on current sales

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GIFT CARDS & LOYALTY CARDSGIFT CARDS & LOYALTY CARDS

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GIFT CARDS & LOYALTY GIFT CARDS & LOYALTY CARDSCARDS

3 PROGRAMS FOR GIFT 3 PROGRAMS FOR GIFT CARDSCARDS

EXAMPLES FOR GIFT CARDSEXAMPLES FOR GIFT CARDS

PROFIT POTENTIAL – GIFT CARDSPROFIT POTENTIAL – GIFT CARDS

Distributors can make money on printing Distributors can make money on printing cards. cards.

Distributors can make money on monthly feesDistributors can make money on monthly fees

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DISTRIBUTORS CAN MAKE $15.00 PER LOCATION DISTRIBUTORS CAN MAKE $15.00 PER LOCATION PER MONTH FOR GIFT CARDSPER MONTH FOR GIFT CARDS

POS SYSTEMS AND SOFTWAREPOS SYSTEMS AND SOFTWARE

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Ace Merchant Processing specializes in complete POS Systems and POS software to meet the needs of your restaurant, grocery, salon, retail store or business. restaurant, grocery, salon, retail store or business.

We carry more than 100 different POS systems to We carry more than 100 different POS systems to choose from. choose from.

POS SYSTEMSPOS SYSTEMS

Cash RegistersLiquor Store POS Systems

C-Store POS SystemsSalon POS Systems

Retail POS Systems

Restaurant

POS SystemsGrocery Store POS Systems

Quick Service POS Systems

Restaurant Paging

Systems

Pizza Delivery POS Systems

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At Ace Merchant Processing, we'll help you install and implement a point of sale program that will:

Help increase efficiency; Reduce theft and loss; Track inventory and employee activity; and Benefit customers through loyalty programs, gift cards and quicker credit card transactions.

In terms of Point of Sale Terminals, we have All-in-OneAll-in-One POS hardware and terminal units POS hardware and terminal units as well as Touch Touch Screens Screens and Traditional MonitorsTraditional Monitors.

We also have other Point of Sale equipment: Cash Cash Drawers, Barcode Scanners, Card Readers, Printers, Drawers, Barcode Scanners, Card Readers, Printers, Handhelds Handhelds and more.

POS SYSTEMSPOS SYSTEMS

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POS SOFTWAREPOS SOFTWAREWith the right point of sale software, you can perform a ton of business-enhancing functions that offer efficiency, added customer service and user friendly operations.You can find retail POS software that prints bar prints bar codes, tracks inventory and codes, tracks inventory and creates a speedier checkout. creates a speedier checkout.

Additionally, our restaurant POS software speeds credit card speeds credit card processing, accepts gift cards and processing, accepts gift cards and loyalty cards and organizes your loyalty cards and organizes your order deliveryorder delivery..Our restaurant POS software also currently supports 100% multi-lingual operation at POS & Back Office with English, Spanish, Traditional Chinese, Simplified Chinese, English, Spanish, Traditional Chinese, Simplified Chinese, Japanese, Korean and Thai. Japanese, Korean and Thai.

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THIRD PARTY PROCESSINGTHIRD PARTY PROCESSING

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THIRD PARTY PROCESSINGTHIRD PARTY PROCESSING

Ace Merchant Processing has partnered up with e-Processing Network – A Software development company that provides integration to third party POS systems. Ace Merchant Processing can provide integration with the following POS systems and third party vendors:

•Online TerminalOnline Terminal

•Mobile Processing SolutionsMobile Processing Solutions

•eCommerce Shopping SolutionseCommerce Shopping Solutions

•QuickBook Premium IntegrationQuickBook Premium Integration

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ONLINE TERMINALONLINE TERMINAL•Replace traditional terminal

• Reduce footprint•Internet Processing

• Faster and cheaper than dial•Prevent Internet Surfing•Passwords Options

• Manager, Clerk access controls•Transaction Types

• Credit, PIN Debit, Refunds, Voids• Checks, Gift Card and Loyalty• Purchase Card Level 2 Prompts• Signature Capture

•Multi Merchant Available•Receipts

• Use with existing Windows printer• Customizable Receipts• eMail receipts

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MOBILE PROCESSINGMOBILE PROCESSINGDedicated Wireless

TerminalWAY SYSTEMS MTT•Latest Models•Credit OR PIN Debit•Small & Lightweight•Mobile Thermal Printer•Tip Prompt•CVV2 & AVS

MOBILESCAPE•Credit Cards•Checks

•Conversion•Verification

•Signature Capture•Touch Screen•Integrated Printer•Sprint CDMA Network•Tip Prompt

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MOBILE PROCESSINGMOBILE PROCESSINGCell Phones – PDA’s

CELL PHONES•Cards – manually keyed or swiped•CVV2•Returns•Tips•Close Batch•Device IDs•Gift Cards•Loyalty Programs

NEWI PHONE APP

AVAILABLE

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E-COMMERCE E-COMMERCE PROCESSINGPROCESSING

For merchants currently without a

Web Site

ePN eCommerce Solutions

For merchants who currently

have a Web Site

3rd party shopping

carts; complete

list on RSC

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QUICK BOOKS QUICK BOOKS INTEGRATIONINTEGRATION

Compatible with:PRO – PREMIER – ENTERPRISE2005 & Newer

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MARKETING MATERIALSMARKETING MATERIALS

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MERCHANT DECALS & SIGNAGEMERCHANT DECALS & SIGNAGE

DECALSDECALS

TENT TENT SIGNSSIGNS

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POP COLLATERALPOP COLLATERAL

DIRECT DIRECT MAILERSMAILERS

TRI-FOLD BROCHURESTRI-FOLD BROCHURES

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FREQUENTLY ASKED QUESTIONSFREQUENTLY ASKED QUESTIONS

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FREQUENTLY ASKED QUESTIONSFREQUENTLY ASKED QUESTIONSQ. WHAT IS BATCH PROCESSING? WHAT DOES BATCH OUT MEAN?Q. WHAT IS BATCH PROCESSING? WHAT DOES BATCH OUT MEAN?

Batch processing occurs when a merchant transmits the “batch” of daily sales stores in the terminal for processing. An “open” batch is one that is not yet “closed.” To “close” a batch or to “batch-out” means to transmit the information from the merchant’s location (terminal or software) to our processor. Q. WHAT IS A BATCH FEE?Q. WHAT IS A BATCH FEE?

This is a fee charged each time a merchant “batches-out” their terminal or software. AMP’s default Batch Fee is 20¢ per batch. If a merchant is open everyday and batches out one time each day, they will be charged $6.00 per month. Q. WHAT TIME DOES AUTO-BATCH OCCUR?Q. WHAT TIME DOES AUTO-BATCH OCCUR?

Auto batch or auto-settlement occurs at midnight.

Q. WHAT IS AUTHORIZATION?Q. WHAT IS AUTHORIZATION?

Authorization is a request from a merchant to charge a credit card. The credit card is not actually charged until the authorization is settled.

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FREQUENTLY ASKED QUESTIONSFREQUENTLY ASKED QUESTIONSQ. WHAT IS SETTLEMENT?Q. WHAT IS SETTLEMENT?

Settlement is a procedure in which a merchant requests that some or all authorized transactions be processed by a credit card processor. This processing includes charging the customer's credit card and transferring the money owed to the merchant. Q. WHAT IS GROSS SALES?Q. WHAT IS GROSS SALES?

Gross Sales means the total dollar amount of all sales with nothing subtracted.

Q. WHAT IS THE DIFFERENCE BETWEEN A “VOID” AND A Q. WHAT IS THE DIFFERENCE BETWEEN A “VOID” AND A CREDIT/REFUND?CREDIT/REFUND?

Void means cancelling a credit card transaction that has been authorized, but not settled. Credit/Refund means cancelling a credit card transaction that has been authorized and settled.

Q. WHAT IS A RETRIEVAL FEE?Q. WHAT IS A RETRIEVAL FEE?

A retrieval fee is a fee for requesting a copy of the transaction receipt for a transaction that was processed. AMP’s Retrieval Fee is 10¢ per item.

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FREQUENTLY ASKED QUESTIONSFREQUENTLY ASKED QUESTIONSQ. WHAT DOES A CHARGEBACK MEAN?Q. WHAT DOES A CHARGEBACK MEAN?

A chargeback is a reversal of a credit card transaction, as viewed from the perspective of the merchant. It usually occurs when a consumer files a complaint with their bank or credit/debit card provider. This usually happens when a consumer discovers fraudulent transactions on their statement. The bank will investigate the complaints, and will “take back” the value of the original transaction, together with an additional fee, directly from the merchant’s account, unless the merchant can prove the transaction was legitimate. AMP’s Chargeback Fee is $25.00.

Q. WHAT IS A MINIMIM MONTHLY FEE?Q. WHAT IS A MINIMIM MONTHLY FEE?

To help maintain a level of excellent service and support to our merchants, our accounts come with a Monthly Minimum of $20.00. The minimum is calculated by multiplying your qualified discount rate against your total sales for the given month. This amount is then subtracted from your minimum and you are charged the difference. For example, if you had $750.00 in sales for January and are paying 2.00% as your qualified rate, you would be charged the difference of $5.00 with a $20 minimum. Ex: $20.00 - ($750.00 X 2.00%). On the other hand, if you processed $1,000 in charges, you would not be charged anything as it equals or exceeds the minimum. Keep in mind you are only charged the difference and not simply a flat rate.

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FREQUENTLY ASKED QUESTIONSFREQUENTLY ASKED QUESTIONSQ. WHAT IS AVS?Q. WHAT IS AVS?

AVS stands for Address Verification Service. It is a system used to verify the identity of the person claiming to own the credit card. The system will check the billing address of the credit card provided by the user with the address on file at the credit card company. AMP charges 10¢ per item for Electronic AVS. Q. WHAT IS VOICE AVS?Q. WHAT IS VOICE AVS?

Voice AVS is manually verifying the address of a cardholder against the card by calling the card in to the processor’s help desk. AMP charges $2.00 per item for Voice AVS. Q. WHAT IS A VOICE AUTHORIZATION FEE?Q. WHAT IS A VOICE AUTHORIZATION FEE?

This fee is only charged when you call in your transaction to an 800 number. It is useful if your terminal or software isn’t working and you need to perform an authorization. Most merchants do not need to use this service. AMP charges 75¢ for Voice Authorization.

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FREQUENTLY ASKED QUESTIONSFREQUENTLY ASKED QUESTIONSQ. WHAT IS EBT? DO YOU PROCESS EBT-FOOD STAMPS?Q. WHAT IS EBT? DO YOU PROCESS EBT-FOOD STAMPS?

EBT stands for Electronic Benefit Transfer. It is an electronic system that allows a recipient to authorize transfer of their government benefits from a Federal account to a retailer account to pay for products received. Yes, we process EBT-Food stamps. AMP charges 20¢ per Transaction for EBT. Q. WHAT IS A REWARDS CARD?Q. WHAT IS A REWARDS CARD?

Visa & MasterCard Reward Cards are types of cards that give back to the consumer with items such as cash back, mileage or points.

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NEED ASSISTANCE?NEED ASSISTANCE?ACE MERCHANT PROCESSING CUSTOMER ACE MERCHANT PROCESSING CUSTOMER SERVICESERVICE

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1.866.597.57211.866.597.5721FIRST DATA TECHNICAL SUPPORTFIRST DATA TECHNICAL SUPPORT

1.800.228.02101.800.228.0210WEBSITEWEBSITEwww.acemerchantprocessing.comwww.acemerchantprocessing.com

ADDRESSADDRESS12869 CAPRICORN ST, STAFFORD, TX 7747712869 CAPRICORN ST, STAFFORD, TX 77477

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THANK YOU!THANK YOU!ACE MERCHANT PROCESSINGACE MERCHANT PROCESSING

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Ace Merchant Processing Intro

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Transcript of Ace Merchant Processing Intro