New Horizons Shareware Collection/HORIZONS1.BIN/ABS.DOC

Text File | 1994-10-09 | 10KB | 197 lines

AMERICAN BANKING SYSTEMS CORPORATION
497 20TH STREET
NICEVILLE, FL 32578
904-729-3006 (CORPORATE)
805-379-9271 (SALES / NEW ACCOUNTS)


                           *** SPECIAL NOTE ***

  This text file is being included with an authorized BBS Dollars
Direct(tm) module.  ABS will only support authorized modules.  Please
call ABS at 904-729-3006, and confirm that the key code that appears on
your program is from an authorized distributor.  If it is not, you will
not be able to activate your account with ABS through the pirated
module!


                                ABOUT ABS
                               -----------

  American Banking Systems, Corp. and our affiliated companies have been
involved in electronic funds processing and obtaining checks by phone for
over 4 years.  In 1992, ABS brought to market services it had been implement-
ing in-house for its own projects since 1991.  Our client base encompasses
the 48 contiguous United States, Alaska, Hawaii, and Puerto Rico.
  ABS does not operate as a factoring company and does not require a security
deposit or holding account on ChecksDirect!(tm).  Your customers' money is
sent directly to you or your bank.  Any fees charged by ABS to you are de-
ducted from your account upon completion of our processing services.
  ABS will provide you with complete accounting on daily transactions submit-
ted by your company along with the associated ABS charges.
  ABS provides unsurpassed, high quality services at cost effective rates.  We
continue to grow at a controlled pace as a direct result of our client's need
for viable methods of collection.  At ABS we understand your needs.  We were
a customer first.


                               ABS SERVICES
                              --------------

American Banking Systems provides two basic services to its clients.  They
are:

  Checks Direct(tm): The production of checks based upon information
  your customer has given over the phone.  This is the startup method
  for *all* new clients of ABS.

  Dollars Direct(tm): The electronic transmission of funds (paperless),
  once again, based upon information your customer has given over the
  phone.

  After  the necessary information is obtained regarding your customer's
  checking or savings account, ABS then processes those transactions.
  Funds are sent or transmitted directly to you or your bank.  The
  entire ABS process is completed within 24 to 48 hours.  ABS also
  offers a wide variety of value added services including check
  verification, check guarantee, direct deposit, and recurring billing.


            ACCEPTING CHECKING/SAVINGS PAYMENTS OVER THE PHONE
           ----------------------------------------------------

To make the ABS programs work, you need to offer them to your customers.
ABS is prepared to work closely with your organization to ensure smooth,
cost effective, and efficient implementation of our programs.  You will
find that most of your customers are already familiar with this type of
transaction. They will appreciate both the convenience and benefits
offered by our service.  Obtaining the necessary information from your
customers is very similar to asking them for their credit card
information.  ABS has compiled informative literature and step by step
instructions designed to enable you to properly capture your customers'
checking or savings account information over the phone.  In addition, we
also have developed various modules for dif- ferent operating software,
specifically designed to capture the necessary information by using your
existing BBS/Online system software. Included are;

                *MajorBBS*      *Wildcat!*      *First Class*
                *TBBS*          *PCBoard*       *RemoteAccess*
                          *Searchlight*   *TriBBS*
                           AND MANY, MANY MORE!!!

All literature and software will be made available to you once you have
completed the forms necessary to activate an account with ABS.


                               ABS BENEFITS
                              --------------

EXPAND YOUR BUYING MARKET: SEVENTY MILLION BUYING CONSUMERS do not or can
not use a credit card.  Offer telephone order convenience to these customers
by allowing them to use their checking/savings accounts to make purchases
over the phone.  According to a Financial Services Report dated July, 1992,
consumers were asked their preferred method of payment: 48% preferred
checks, 32% preferred cash and only 18% preferred credit card.

REDUCE EXPENSIVE COD'S: IF YOU ARE CURRENTLY SHIPPING C.O.D., YOU are
already familiar with the high costs involved, along with the high expense
of rejections and undeliverable products.  Many returns are due to a loss of
interest over the product/service, not finding the customer at home, or the
logistics associated with a customer needing to obtain money orders or
cashier's checks.  By using Checks Direct, when your customer receives their
package, it has already been paid for, and the impulse remains.

EXPEDITE DELIVERY: ORDERS CAN BE SHIPPED IMMEDIATELY.  YOUR customers'
account information is captured over the phone, thus reducing the time it
would have taken for them to mail in a check.  The customer no longer needs
to wait for the payment to be received by you before the order is shipped.

IMPROVE CASH FLOW:  NOT ONLY DO OUR PROGRAMS GIVE YOUR customers the satis-
faction of immediate purchasing power, they also improve your cash flow.
Stop wondering if the check will arrive in the mail.  Collect your money
while the customer is excited about your product/service.  All funds from
transactions processed by ABS will be in your account within 24 to 48 hours
depending on the program utilized.

AVOID THE CREDIT CARD CRUNCH: MANY CREDIT CARD HOLDERS ARE NO longer using
their credit cards due to the high interest rates and penalties imposed by
credit card companies.  Other credit card holders have reached their credit
limits and are restricted from using them.  Only 1 out of every 4 checking
account consumers hold credit cards with available lines of credit.  It is
conservatively estimated that $258 billion a year is spent by people who do
not own a credit card, or who have reached their credit limit.

ONE TIME OR RECURRING TRANSACTIONS: WHETHER YOUR CUSTOMER base tends to be
the "one time sale" type or consists of "repeat customers" ABS' programs are
designed to facilitate ease of payment for your customer.  Common clients for
our programs include: Bulletin Board Systems, Non-Profit Organizations
(Charities), Direct Response Organizations, Mail Order / Phone Order
Companies, Cable Companies, Satellite Programming Companies and Utility
Companies.  The applications are limitless.


                                 FEATURES
                                ----------

YOUR BUSINESS IS PRE-APPROVED: ABS DOES NOT DISCRIMINATE AS TO the size of
a company.  We welcome and help businesses of all types and sizes including
start up companies and Fortune 5,000.  In most cases ABS can activate your
account immediately upon receiving the necessary completed forms.  There are
no minimum number of transactions requirement.  This enables you to begin
processing right away.

PROFESSIONAL TRAINING: ABS OFFERS COMPLETE TRAINING PACKAGES to all
activated accounts.  ABS can also assist in the training of your sales staff.
Our programs can be easily implemented by your organization in a short
period of time.

ADVANCED FRAUD CONTROL: ABS UTILIZES EXTENSIVE METHODS OF fraud control,
including proprietary algorithms and systems designed to insure that your
customers information is correct.  By selecting the check verification or
check guarantee options, your company can enjoy even greater levels of
security.

DIRECT DEPOSIT: OUR CONVENIENT DIRECT DEPOSIT PROGRAM ALLOWS you to submit
payroll checks directly and easily into your employees' accounts.  Their
funds are immediately available on pay day.


              SENDING YOUR DATA TO AMERICAN BANKING SYSTEMS
             -----------------------------------------------

ABS offers various options for the transmittal of data.  The most common
options are: Fax Log, Formatted File, and two types of ABS Custom software.
We will help you choose the best method for your application.  Any way you
transmit your data, American Banking Systems will insure that it is the
easiest, timeliest, and most cost effective method for your company.  If you
operate a BBS, ABS has developed modules, doors, and dll's across various
platforms including DOS, UNIX, MAC, and WINDOWS, supporting all software
including MajorBBS, Wildcat!, PCBoard, First Class, TBBS, TRIBBS, etc.  All
modules are approved by ABS, and will automatically upload the necessary
information to us.


                   YOUR SALES ARE IMMEDIATELY PROCESSED
                  --------------------------------------

Once we receive your company's transactions, ABS will automatically process
them.  We offer same day processing with certain time restrictions, depending
on your selected method of data transmission.  In most cases your funds will
be available to you within 24 to 48 hours of transmittal.


                  HOW TO ACTIVATE YOUR ACCOUNT WITH ABS
                 ---------------------------------------

Activating your account with ABS is fast and easy.  To obtain the
necessary documents, please contact our sales office at [phone].
We will mail or fax you the necesary documents to get started.  Welcome
to the wave of the future...Checks Direct(tm) & Dollars Direct(tm) from
ABS.

                          American Banking Systems
                                [phone]
   BBS For Demos/ [phone]/4205 Logon as "Joe User", Password "ABS"
                  Internet: [e-mail]
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