ACH & Check Payments

ACH & Check Payments just got easier with over 400+ Integrated Partners

Lindsay Pajor Business Development (850) 217-8042 lindsay.pajor@nuvei.com Cindy Morris Business Development (614) 404-8234 cindy.morris@nuvei.com

ACH Market

8.4%

6.7%

Increase in Checks by WEB eCommerce & Bill Pay

13.5%

Year-over-year increase in ACH volume

Increase in ACH Debits & Credits (PPD/CCD) (B2B)

Hot Markets for ACH & Check Solutions ACH (PPD/WEB/TEL) • • • • • •

Municipalities / Utility Fitness/Spa/Gym Non-Profit Advertising / Marketing Education / Childcare Healthcare &

• • • •

Dental Distributors and Delivery Services Insurance Firms Cleaning & Household Repair Services Legal, Tax & Accounting

WEB Verification Tools

Paper Check (Check21/POP/mRDC) •

• •

Services Service Contractors – Carpet, HVAC, Plumbing, Pool, etc.

B2B Accounts Receivable Storage Facilities

Direct API Integration

• • • • •

Auto Industry & Repair Healthcare, Dental & Veterinary Legal, Tax and Accounting Services Non-Profit Service Contractors

• • •

– Carpet, HVAC, Plumbing, Pool, etc.

Cleaning & Household Repair Services Property Management & Rentals Building &

WEB Verification Tools

• • • • •

Construction General Merchandise Convenience & Grocery Stores B2B - Lockboxes Distributors and Delivery Services Storage Facilities

Direct API Integration

Program Reference Guide

Authorization Environment Program Name ACH Debit & Credit Process single or recurring ACH transactions from the checking account of a consumer or another business check or savings account

SEC Type

Consumer Not Present

Face-to-Face

WEB

Checks-By-Phone Accept and process ACH payments from customers over the phone

TEL

Point-Of-Sale Conversion Accept checks at pointof-sale and have funds electronically deposited, just like a credit card. [QSP program available for quick service industry types]

POP

Check21+ & mRDC Electronically deposit ALL types of paper checks and “skip the trip to the bank.”

-

Paper Guarantee Guaranteed funding on paper checks that are manually deposited in the bank

POP

Web

Guarantee

Consumer Convenience Fee

OCR

Stop Payment Coverage

-

-

-

-

-

-

SwiftSettle

3

CCD/PPD

Checks-By-Web Consumer initiates check payment on merchant’s website. Used for Bill Payments and eCommerce

3. Single ACH only 5. Desktop Terminal is required 6. Dual sided imager is required

B2B

Features/Services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7. Certified gateway or Nuvei Services Desktop Terminal is required 8. Reader or imager is required 9. Does not apply to mRDC

7

7

-

-

-

Program Reference Guide

Verification Enhancements Program Name ACH Debit & Credit Process single or recurring ACH transactions from the checking account of a consumer or another business check or savings account

SEC Type

Check Verification

Level 2 - Account Advanced Validation

Level 3 - Identity Verification

Hardware/Software Certified Gateway

File Processing

CCD/PPD

POS Terminal

WEB

-

Checks-By-Phone Accept and process ACH payments from customers over the phone

TEL

-

Point-Of-Sale Conversion Accept checks at pointof-sale and have funds electronically deposited, just like a credit card. [QSP program available for quick service industry types]

POP

Check21+ & mRDC Electronically deposit ALL types of paper checks and “skip the trip to the bank.”

-

Paper Guarantee Guaranteed funding on paper checks that are manually deposited in the bank

POP

7. Certified gateway or Nuvei Services Desktop Terminal is required 8. Reader or imager is required 9. Does not apply to mRDC

8

6

-

-

-

Authorization Method

Signed authorization

-

Checks-By-Web Consumer initiates check payment on merchant’s website. Used for Bill Payments and eCommerce

3. Single ACH only 5. Desktop Terminal is required 6. Dual sided imager is required

Virtual Terminal

Click agree/accept authorization

-

Recorded authorization

8

5

6/9

5/9

Signed Check Document

5

Signed Check Document

Signed Receipt

2024 Details ACH Network Growth Since 2015 ACH Payment Debit and Cradit Volume BILLIONS Debits

Credits

YoY Growth: Payments: 6.7% Dollars: 7.6%

BILLIONS Direct Deposit

Consumer Bill Pay

Person to Person

Business to Business

Other

35B

5B

20 24

20 23

20 22

20 20

20 21

0B

9

20 24

20 23

20 22

20 21

9 20 1

20 20

8 20 1

6 20 1

20 17

5 20 1

0B

Total Dollars Transferred: $86.2 trillion

20 1

5B

10B

8

10B

15B

20 1

Credits: 14.74 billion

15B

20B

20 17

20B

25B

6

Debits: 18.82 billion

Debits: $29.33 trillion Dollars

Payments

2024 Details

BILLIONS Consumer Initiated

Prearranged

Consumer Bill Payments and Other Debits: 16.38 billion payments $10.96 trillion transferred Direct Deposit: 8.60 billion payments $15.79 trillion transferred

Dollars

Payments

Credits: $56.85 trillion

Consumer Bill Payments & Other Consumer Debits Using ACH Continue to Climb Payment Volume of Consumer Bill Payments Internet

Business-toBusiness: 7.35 billion payments $58.24 trillion transferred Person-to-Person: 391.93 million payments $641.16 billion transferred

20 1

25B

30B

5

Total Payments: 33.56 billion

30B

20 1

35B

2024 Details ACH Network Growth Since 2015 Payment Volume by Type

Phone

YoY Growth: Payments: 13.5% Dollars:16.3%

18B

More Internet Payments Made With ACH Internet Payments by Volume BILLIONS

12B

Total Payments: 16.38 billion

16B 14B

Payments By Type: Phone: 798.79 million Prearranged: 4.74 billion Customer Initiated: 94.94 million Internet: 10.75 billion

12B 10B 8B 6B 4B 2B

YoY Growth: Payments: 8.4% Dollars: 8.7%

8B

6B

Total Payments: 10.75 billion

4B

2B

Dollars

Dollars

20 24

20 23

20 22

20 21

9 20 1

Payments

20 20

8 20 1

6 20 1

20 17

5

Total Dollars Transferred: $10.96 trillion

20 1

20 24

20 23

20 22

20 21

9 20 1

Payments

20 20

8 20 1

6 20 1

20 17

5

0B

20 1

0B

2024 Details 10B

Total Dollars Transferred: $6.25 trillion