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IPP Bill Pay Overview - PowerPoint PPT Presentation


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IPP Bill Pay Overview. V 1.0. Who is IPP?. IPP means “ In Person Payments” IPP is the leading independent national network of neighborhood – based payment centers For over 15 years, IPP has been providing consumers with a safe, secure and easy way to pay their consumer bills. Reliable Safe

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Presentation Transcript
who is ipp
Who is IPP?

IPP means “ In Person Payments”

IPP is the leading independent national network of neighborhood – based payment centers

For over 15 years, IPP has been providing consumers with a safe, secure and easy way to pay their consumer bills.

  • Reliable
    • Safe
      • Convenient

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bill payment industry
Bill Payment Industry
  • Opportunity Generating 1 Billion in Annual Revenues
  • Each family typically pays 6 recurring bills per month
    • Electric, Gas, Telephone, Wireless, Cable, Water
    • National, Regional and Local Billers
  • 64% of Walk-in Payments are Made in Cash
    • Walk- in bill payments serve the un-banked and the under-banked.
    • Preference of cash society, last minute payers, people on fixed incomes.

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consumers like ipp
Consumers Like IPP

Why are these customers so happy?

These customers know that with IPP . . .

  • They can pay multiple bills at one location
  • At a lower cost and easier than money orders and stamps
  • Payment is faster and more reliable than mail
  • The convenience and trust of using their local retailer
  • Their receipt is their guarantee that the bill will be paid

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ipp advantage
IPP Advantage

Bill Payment is loaded on your existing PreWay terminal

Bill Payment is also available via PC if desired

You do not need additional terminal

No out of pocket cost

One Terminal supports all your applications

Easy flow menu

Customer Support provided

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How does it work?

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IPP electronically pays all Billers and will ACH merchant for bill amounts and transaction fees.

IPP will send commission statement and commissions to merchant each month.

Customer provides bill or account number.

Merchant collects customer’s money and enters bill pay amount.

Merchant selects matching Biller and enters customer’s account number on the Verifone 37xx terminal or by using PC IPPonline.

Merchant prints out and hands the customer a guaranteed receipt.

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ipp billers
IPP Billers

► IPP Standard Billers- Comprehensive Offering

► Special Billers

Dish Network Real Time Payments

Verizon Real Time

Sprint Real Time

Direct TV – 4 hour post

T-Mobile- 15 minute post

► Rush Billers – Same Day Post Time

√ Cross Border Payments

Bill Payments to many large billers International Billers

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ipp bill payment service is a great deal for you
IPP Bill Payment Service is a Great Deal for YOU
  • Free Set-up for limited time. No out of pocket cost for you.
  • You earn monthly commission for each bill payment.
  • Additional service you can offer customers.
  • Sales Uplift - Very Important
    • Customers will buy additional items while at your store
  • No inventory to carry.
  • Bill Pay brings new customers to your store
  • Bill Pay keeps current customers coming back.
  • Everything on one terminal. Bill pay rides on existing terminal.

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conclusion
Conclusion
  • IPP offers a comprehensive consumer funded bill payment service for domestic and international bill payment.
  • For limited time there is no setup fee to get started, no equipment to purchase or out of pocket cost.

IPP has longevity, experience and a fantastic product.

IPP provides a new product offering that will:

♦ Increase your store revenue.

♦ Increase customer traffic and sales.

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