Fast. Reliable. Worldwide. Tax Refund Prepaid Card Solution For:

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1 Fast. Reliable. Worldwide. Tax Refund Prepaid Card Solution For:

2 Western Union Company Overview A Global Leader in Electronic Money Movement and Money Management Solutions Founded in Results: $5.1B Revenue, $1.2 Cash Flow, 26% Margin Handle over 600 million transactions per year (20 per second) 96% Consumer Brand Awareness 420,000 agent locations worldwide across 200 countries Core Brand Values: Speed, Convenience, Reliability and Trust Our Company Values: Integrity, Partnership, Opportunity, Passion, Teamwork 2

3 Market Growing at 48% Annually Projected to grow over $200 Billion in 2011 Prepaid Cards Amazing Growth! US Prepaid Forecast Open Loop Cards (in Billion $ s Loaded) % CAGR Source: Mercator Advisory Group 3

4 Agenda The New Tax Refund Option & Are Proud to Introduce the MoneyWise MasterCard Prepaid Card A easy and convenient way for your clients to receive their tax refund As fast as direct deposit Simple for you to select for your clients 4

5 Agenda Now Available Within TaxWise and TWO The New MoneyWise MasterCard is fully integrated into both TaxWise and TaxWise Online Listed as an option for your clients to receive their tax refund 5

6 Agenda It s a Great Option for You and Your Clients Why Offer the MoneyWise Card and Why Will Your Clients Want It? 1. A better way to receive their tax refund 2. Increased customer satisfaction for your business 3. No bank account required to receive the refund 4. Just as fast as direct deposit 5. No need to wait for a paper check 6. A safe and simple way to carry the funds 7. It s a reloadable prepaid card - keeps your clients satisfied year round 8. Can be used anywhere MasterCard is accepted worldwide including online and at ATMs 6

7 A Simple Process for You and Your Clients Selecting the MoneyWise Card is Easy for You and Even Easier for Your Clients 1. Present and Select the MoneyWise Card as the Client s Refund Option Integrated inside TaxWise and TaxWise Online 7

8 A Simple Process for You and Your Clients Selecting the MoneyWise Card is Easy for You and Even Easier for Your Clients 2. Your Client Receives a Personalized MoneyWise Card in 5-7 Days 8

9 A Simple Process for You and Your Clients Selecting the MoneyWise Card is Easy for You and Even Easier for Your Clients 3. Your Client s Tax Refund is Deposited onto the MoneyWise Card within 1-2 Weeks The MoneyWise can be used anywhere MasterCard is accepted worldwide including online and at ATMs 9

10 The MoneyWise AgendaMasterCard Prepaid Card Prepaid With Nothing to Hide Consumer Fee Friendly 4 Convenient Methods to Load Money Use Cards Anywhere MasterCard is Accepted Manage Card Account Online and by Phone Funds Protected by MasterCard s Zero Liability Policy 10

11 Agenda A Unique Card Designed for Consumers The Fee Friendly Program to Build Long Term Cardholder Relationships Consumer Fee Friendly: Card Activation Fee: FREE Monthly Maintenance Fee: FREE Signature Purchase Transaction Fees: FREE PIN Purchase Transaction Fees: FREE Live Customer Service Fees: FREE Overdraft Fees: FREE Online Electronic Statements: FREE Payroll Direct Deposit: FREE Money Transfer Load Fee: FREE Online/IVR Account Activity Access: FREE SMS Account Notifications: FREE ATM Cash Withdrawal Fee: $1.95 Cash Reload Fee: $4.95 The Western Union MoneyWise MasterCard Prepaid Card is One of the Most Consumer Friendly Cards in the Market 11

12 Loading Money is a key feature for GPR cards. Four Convenient Ways to Load Funds Western Union offers 4 convenient ways to load funds more than other programs in market. Cash at Any WU Location Nearly 50K locations Simple and fast one-step process Funds available immediately Direct Deposit Simple to sign up Automatic funds transfer Full or partial amount from paycheck Free service Load a WU Money Transfer Redirect any Western Union Money Transfer onto card Unique feature to WU Simple, IVR-only phone call Free service for cardholder Online Bank Transfer Cardholder registers bank account online Transfers funds via ACH 12

13 Account Management Online and by Phone Toll free phone number and website for cardholder account management Check card balance / track card activity Sign up and manage SMS card notifications Manage profile and card preferences 13

14 Agenda In Summary Why the MoneyWise Card this Coming Tax Season? A simple and fast way to receive their tax refund Increase your customer satisfaction Keep your clients coming back The MoneyWise Card is both fee friendly and reloadable for your clients 14

15 Agenda What s Next for You? MoneyWise Card materials will be sent with your TaxWise software in Nov/Dec: Overview of integration within software (where to find MoneyWise refund option) Question and answer guide Materials for your offices (posters, brochures, etc) Offer each of your clients receiving a tax refund the MoneyWise prepaid card! 15

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