Buy Here Bank Here helps your clients with bad credit

Solutions

help your clients with auto financing

BuyHereBankHere software is the Technology Behind the Buy Here Bank Here Bank & Drive Program


BuyHereBankHere's 3 Rules

Key critical areas addressed.

1- Customer: Satisfy the customer’s wants & needs with a product that works for them. DO NOT re-educate the consumer with bank products that failed them the first time i.e. checking accounts and credit cards.

2- Retailer: Deliver a "plug n play" terminal that is easy to install, service, train staff and use. We have has 14 years of experience with the BuyHereBankHere terminal in a POS format developed for retailers.

3- Bank/Government Regs: Build a solution that works within all old and new parameters i.e. the Patriot Act KYC, BSA/AML, RDC & Check 21 to name a few.

BuyHereBankHere Peripherals are ALL certified by the bank and payments industries or adopted by law enforcement.

ALL OF BuyHereBankHere's ADOPTED AND MODIFIED TECHNOLOGY IS PRESENTLY CERTIFIED AND RUNNING IN REAL WORLD APPLICATIONS.

BuyHereBankHere Terminal Scope
The BuyHereBankHere Terminal acts as "your" mini bank branch vetting (under Patriot Act KYC, BSA/AML rules) and registering prospects, opening an account* and dispensing debit cards. BuyHereBankHere software is an extension of the partner bank itself. BuyHereBankHere software eliminates real estate, staffing and legacy costs all found in today's traditional bank branch model. And as BuyHereBankHere software does NOT deliver cash notes all shrinkage, theft and robbery concerns are eliminated. As well, the Card Holder may get "cash back" during a retail POS transaction.

BuyHereBankHere terminal is PC based and no different from the PC's in your present branches running on a secure network. BuyHereBankHere, however, has more functionality and has been called a "fancy ATM" (that does not dispense cash) by government agencies such as the FDIC and several banks.

BuyHereBankHere Software RDC (Remote Deposit Capture) rules apply to BuyHereBankHere software to capture images of checks remotely in the field for delivery for processing through the Federal Reserve Bank and presentment to the issuing bank. BuyHereBankHere POS (Point Of Sale) terminal offers a "Online Banking Suite" of products, geared towards the target under banked/unbanked market (i.e. prepaid long distance, cell phone top up, bill pay, money transfer, to name a few. Issue of stamps, movies and money orders are in development).

The Verifone MX 925 unit mounted on the BuyHereBankHere terminal is fully PCI certified for payments, PIN, signature based transactions and EMV chip cards. And BuyHereBankHere terminal's footprint size is the same industry standard as NCR and all other POS type terminals therefore the BuyHereBankHere terminal may fit into all Retail Customer Service desk "wells" and cashier check out stations.
BuyHereBankHere software also complies with FFIEC regulations for biometrics on a payment device (card or smartphone).

BuyHereBankHere servers are housed in a fully certified financial institution rated server farm with all certifications with access to full audit trails and reports.


The BuyHereBankHere software system for depositing/cashing checks is graphically oriented, simple to use and takes minutes to train staff*
The BuyHereBankHere software system addresses all new US Bank Act changes such as Patriot Act, AML, Check 21 and RDC.
The BuyHereBankHere software system scans and images both checks and ID presented. BUT WE DON'T STOP THERE!
Then the BuyHereBankHere software system "authenticates" the persons ID with OCR! NOT just copies the Drivers License!
The BuyHereBankHere software system also "authenticates" the entire check with Optical Character Recognition (OCR) technology! NOT just the MICR line!
An "Instant Issue" bank account with Debit Card or Prepaid Card is printed on the spot.
Then upgrade the client to a branded Visa card!

How does Buy Here Bank Here work?

  • FIRST TIME & ONE TIME BANK ACCOUNT SET UP
  • The customer approaches the Customer Service desk with a check in hand.
  • Your “lightly trained” staff member follows the easy to use “on screen” graphic prompts.
  • Touching the screen actives the step by step instructions!
  • Ask for ID (examples shown “on screen”)
  • Scan ID
  • Client ID Accepted (or Declined)
  • Client enters SSN
  • Client signs for Terms & Conditions of Bank Account
  • Scan Clients Check (Payroll, Personal, Government)
  • Check Accepted (or Declined)
  • Check Authorized for processing thru the Federal Reserve!
  • Photograph Client (auto “on screen” display)
  • Client Chooses PIN
  • Staff member prints “Instant Issue” Photo ID Bankd & Drive Debit Card
  • Account authorized to AUTOMATICALLY debit Vehicle payment

CLICK HERE FOR ACTUAL TELLER TOUCH SCREEN SHOTS!!!

Bank & Drive Debit Card with “Your Store” Logo, client's picture printed on the spot!

“Any other transactions today?"

Profit Suite:
Sell any other prepaid products (long distance, cell phone minutes) or financial products such as Bill Payment or Money Remittance.

ALL customer card account information is sent to fully certified financial institution rated server farm (certified higher than bank servers) with all certifications with access to full audit trails and reports. No information remains on the terminal.

Next week "Bank & Drive":

  • Check Presented with Photo ID Debit Card *
  • Swipe card (opens up card account “on screen”, customers picture displayed)
  • Enter PIN
  • Scan Check
  • Check Accepted (or Declined)
  • Check Deposited to Bank Account
  • “Any other transactions today?”
  • Profit Suite

Sell any other prepaid products (long distance, cell phone minutes) or financial products such as Bill Payment or Money Remittance.

*Lost cards may be reprinted by entering same Customer ID used to set up Card Account i.e. enter DL or SSN to bring up Card Account

ALL customer card account information is sent to fully certified financial institution rated server farm (certified higher than bank servers) with all certifications with access to full audit trails and reports.

NO INFORMATION REMAINS ON TERMINAL.

The BuyHereBankHere software system:

  • Eliminates accepting "bad" checks
  • Eliminates the criminal element
  • Eliminates double endorsed checks
  • Eliminates cash transport costs
  • Eliminates high labor costs by reducing staff as the BuyHereBankHere software system is automated
  • Eliminates cash handling and shrink due to miscounts
  • Eliminates money handling and the high cost of insurance
  • Eliminates the risk of theft and robbery
  • Eliminates office costs of bank deposits
  • Eliminates bank costs as all checks are converted to Check 21 deposits and the truncated check returned to the client
  • ELIMINATES THE HIGH COSTS OF FRAUD AND ID THEFT!
  • ELIMINATES THE HIGH COSTS OF government fines if caught DOING BUSINESS WITH CRIMINALS AND TERRORISTS

BuyHereBankHere software technology is registered with:
US, CDN governments & NATO
Department of Homeland Security (DHS)
US/CDN Joint Certification Office Defense Logistics Information Service

PATENTED.