Store Financial Overview July 2014

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Store Financial's overview. This covers who we are, what we do, where we operate, and how we get it done. It also contains key facts about Store Financial and how we are an innovator of electronic card payments

Transcript of Store Financial Overview July 2014

Page 1: Store Financial Overview July 2014

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Page 2: Store Financial Overview July 2014

Store Financial at a Glance

About Store Financial Select Valued Clients

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Providing card payments across the world since 2003

Managing 650 card programs for 450 corporate payers

Issuing payments in four currencies: USD, CAD, EUR,

and GBP

Supporting 24/7 in English and French

Processing about $2 Billion in B2B payments in 2014

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Store Financial is an innovator of payment card technology, specializing

in electronic card payments and B2B supplier payments.

What

About Us And Our Business

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Electronic Card Payments

We deliver private-label payment

card solutions to corporate payers

for their incentive, loyalty, gift and

disbursement programs.

Supplier Payments

We manage and deliver end-to-end

virtual card programs that offer higher

potential rebates at all levels of spend,

automate conversion and enablement,

minimize supplier acceptance fees, and

provide support and reconciliation tools.

Where

We serve corporate

payers in the U.S.,

Canada and Europe.

How

We enable redemption,

control use, and automate

settlement of funds without

the need for POS integration

or IT development.

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• Founded in 2003 in Kansas City

• Privately-held company

• Funded and managed by

accomplished payments industry

executives

Company

Key Facts

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Reach Capabilities

• We manage 650 card programs

for 450 corporate payers

• We issue payments in four

currencies: USD, CAD, EUR,

and GBP

• Secure financial transaction

platform

• Debit/credit card issuing,

processing and merchant

acquiring

• Card program management

• Regulatory, compliance and

KYC expertise

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Horticultural Trade Assn. Garden Gift Card

Pay-Plus® Solutions Virtual Healthcare Claims Settlement

2014 Best Prepaid & Payments Innovation

Dell Advantage ePromotional Card

CardSpot® Activation Technology

Cadillac Fairview SHOP! CARD®

Industry Innovation Awards

Tanger Outlet CentersThe Tanger Gift Card

The Hunt GroupTHE PROMOTION CARD™

The Home Safe Card

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Electronic Card

Programs

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Membership Card Gift Card Virtual Gift Card Shopping Gift Card

Disbursement Card Promotional Card Open Loop Card Reward Card

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Electronic Card Payment Products

and Select Payer Programs

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Mobile device

enabled

Fund-on-redemption

promotion card

programs and

campaign reporting

Physical card

production and

customized

packaging

Comprehensive

ecommerce website

for gift card sales and

reward redemption

Virtual card

delivery

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Onboarding

services

Private-label payment cards for incentive, loyalty, gift

and disbursement programs

What Are Electronic Payment Card Solutions?

Customized

reporting tools

Incentive and loyalty

cards for corporate

gifting and rewards

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• Overcome integration

challenges by utilizing existing

card acceptance networks

Enable Redemption

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Control Use Automate Settlement

• Utilizing custom loop

technology, drive

cardholder spend to

preferred channels,

merchants and locations

• Increase lift opportunities

• Extend membership

purpose/utility

• Eliminate manual vouchers,

checks, plastic or cash

• Automate accounting

reconciliation

• Mitigate fraud

• Increase program

compliance/reduce leakage

Store Financial creates, packages and services an electronic card

payment solution that optimizes value for the payer program

Electronic Card Payment Benefits

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Payer Issues

payment

instructions

Payee receives

payment in their

designated form

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Electronic Card Payments: How We Do It

Virtual

Mobile

Physical Card

Direct Deposit

Contactless

PIN on Receipt

Email/SMS

Bar Code

POS Terminal

Ecommerce Site

Card Account

Bank Account

Form

Factor

Acceptance

Form

✔ ✔

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Supplier

Payment

Programs

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Virtual cards allow you to

capture more rebates at all

levels of spend

Where Store Financial Supplier Payments Fit

P-Card

ACH

Wire

Check

V-Card

V-Card

V-Card

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Virtual cards can be added to your current payment process

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What Are Supplier Payments?

B2B payment using

the MasterCard

payment network

Single-use virtual

card (v-card) issued

to specific supplier for

specific amount

Secure, 16-digit

payment number…

No plastic card

needed

Less costly and

reduced risk

versus issuing

check or ACH

Universally

accepted by

any supplier

with card

acceptance

capabilities

********1234

A Supplier Payment Is::

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Supplier Payment Benefits

Generates a monthly

rebate for the buyer

organization

Can be used to pay

any invoice for any

payment amount

Coexists with

p-card and T&E

card programs

Eliminates 1099

filing requirements

Supplier Payment Benefits:

Most secure

B2B payment

Does not require changes

to your existing banking

relationship or ERP system

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Supplier payment

assurance and

increased efficiencies

Payer and payee

web portals

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Supplier Payments: How We Do It

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Closing Recap

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Program Features

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Global Capabilities

More than 450 clients, 40 million

cards issued and 2 billion in loads

worldwide

Branding Benefits

Entire card front is available for the

program sponsors’ branding, unlike

open-loop cards which waste branding

space with card association logos and

card numbers

Restricted Flexibility

Cards can be used at any merchant

participating with the program sponsor

including restaurants, theatres and

hotels; can be restricted by location

Customer Support

Cardholders, program sponsors

and merchants have 24/7 live

customer support in multiple

languages, for fast and accurate

resolution to questions

Customizable Processing

Cards are processed via the

MasterCard network

Full Reporting

Program sponsors, cardholders

and merchants benefit from full

reporting, including activations,

balance tracking and merchant

redemptions

Security, Compliance

Bank-issued prepaid products, anti-money

laundering programs and fraud monitoring

Ease of Implementation

Participating merchants do not require

any additional hardware or software if

they already accept payments over the

underlying open-loop bankcard network

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Conclusion

Store Financial is an innovator of

electronic card payments.

We enable redemption, control use,

and automate settlement for

hundreds of companies worldwide.

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Call 1-800-755-5001 for

a customized proposal.