Property Management
Property Management
Property Management
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TREASURY MANAGEMENT<br />
Payment Network Growth<br />
Credit Credit Card Card Growth Growth<br />
•<br />
•<br />
Visa<br />
Visa<br />
billpayment<br />
billpayment<br />
transactions<br />
have transactions<br />
have<br />
been<br />
been<br />
growing<br />
growing<br />
at<br />
at<br />
a<br />
a<br />
rate<br />
rate<br />
of<br />
25%<br />
of<br />
25%<br />
per<br />
per<br />
year*<br />
year*<br />
•<br />
•<br />
Industry<br />
Industry<br />
wide<br />
wide<br />
statistics<br />
statistics<br />
at<br />
at<br />
a<br />
glance<br />
a<br />
glance<br />
–<br />
–<br />
Debit<br />
Debit<br />
products<br />
products<br />
represent<br />
approximately 53% represent of all<br />
card approximately 53% of all<br />
card<br />
payments**<br />
payments**<br />
–<br />
–<br />
Card<br />
Card<br />
acceptance<br />
acceptance<br />
for<br />
utility for<br />
utility<br />
payments<br />
payments<br />
has<br />
nearly<br />
has<br />
nearly<br />
doubled<br />
doubled<br />
over<br />
over<br />
the<br />
last<br />
the<br />
last<br />
seven<br />
seven<br />
years<br />
years<br />
from<br />
41%<br />
from<br />
41%<br />
<br />
<br />
81%****<br />
81%****<br />
–<br />
–<br />
Credit<br />
Credit<br />
customers<br />
customers<br />
are<br />
shifting<br />
are<br />
shifting<br />
into<br />
into<br />
Rewardsbased<br />
programs Rewardsbased<br />
programs<br />
*Visa<br />
**Bureau of Economic Analysis, 2007<br />
****Chartwell, September 2007<br />
ACH ACH Growth Growth<br />
•<br />
•<br />
ACH<br />
ACH<br />
payments<br />
payments<br />
increased<br />
increased<br />
by<br />
13.4% by<br />
13.4%<br />
in<br />
in<br />
2007<br />
2007<br />
from<br />
from<br />
2006*<br />
2006*<br />
–<br />
–<br />
WEB<br />
WEB<br />
increased<br />
increased<br />
27%<br />
27%<br />
–<br />
–<br />
TEL<br />
TEL<br />
increased<br />
increased<br />
14%<br />
14%<br />
•<br />
•<br />
ACH<br />
ACH<br />
payments<br />
payments<br />
totaled<br />
totaled<br />
$31<br />
trillion<br />
$31<br />
trillion<br />
in<br />
in<br />
2006,<br />
2006,<br />
accounting<br />
accounting<br />
for<br />
91%<br />
for<br />
91%<br />
of<br />
of<br />
the<br />
the<br />
value<br />
value<br />
of<br />
of<br />
all<br />
electronic<br />
all<br />
electronic<br />
payments**<br />
payments**<br />
*NACHA<br />
**2007 Federal Reserve Payments Study<br />
ATM ATM Pinless PinlessDebit<br />
Growth Growth<br />
•<br />
•<br />
Recent<br />
Recent<br />
changes<br />
changes<br />
in<br />
in<br />
ATM<br />
Network ATM<br />
Network<br />
policies<br />
policies<br />
now<br />
now<br />
allow<br />
ATM<br />
allow<br />
ATM<br />
card<br />
card<br />
holders<br />
holders<br />
to<br />
to<br />
use<br />
use<br />
their<br />
ATM their<br />
ATM<br />
card<br />
card<br />
to<br />
to<br />
pay<br />
pay<br />
bills<br />
bills<br />
in<br />
in<br />
cardnotpresent<br />
cardnotpresent<br />
environment<br />
environment<br />
•<br />
•<br />
No<br />
No<br />
need<br />
need<br />
to<br />
to<br />
enter<br />
enter<br />
a<br />
a<br />
PIN<br />
PIN<br />
•<br />
•<br />
Only<br />
Only<br />
four<br />
four<br />
ATM<br />
ATM<br />
Networks<br />
support:<br />
Networks<br />
support:<br />
–<br />
–<br />
Star,<br />
Star,<br />
NYCE,<br />
NYCE,<br />
Pulse<br />
Pulse<br />
and<br />
Accel<br />
and<br />
Accel<br />
•<br />
•<br />
Reserved<br />
Reserved<br />
for<br />
for<br />
bill<br />
bill<br />
payment<br />
billers payment<br />
billers<br />
only<br />
only<br />
– Utilities<br />
– Utilities<br />
– Education<br />
– Education<br />
– Government<br />
– Government<br />
– Insurance<br />
– Insurance<br />
– Cable/Satellite<br />
– Cable/Satellite<br />
•<br />
•<br />
Web,<br />
Web,<br />
IVR,<br />
IVR,<br />
Live<br />
Live<br />
Agent,<br />
Recurring Agent,<br />
Recurring<br />
Payment,<br />
Payment,<br />
Kiosk<br />
Kiosk<br />
6
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