12/16/2004 Agenda & Packet - Laserfiche WebLink

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RecNet...Fully-Hosted, Fee-Based Transaction Model Virtually Eliminates Upfront Costs As a fully-hosted, transaction-based technology tool, RecNet virtually eliminates the need for costly software and IT infrastructure investments. Safe, Secure and Fully-Hosted Immediate and The Active Network owns and maintains the entire database and web server Significant Savings infrastructure hosting your RecNet product, meaning low-cost automation for you.We provide our own merchant account so you don't have to, securely • No software installation, process all online and offline transactions and safely store your data. updates,and licensing or maintenance fees • No need to How Does the Fee-Based Transaction Model Work? costly servers purchase The Active Network classifies transactions as either"Online"or"Offline" and • No fees to connect multi- then charges a fee based on the type of transaction. site organizations • No need for your own Online Transactions (Credit Card Only) merchant account When a participant registers and pays for a class over the Internet, The Active Network charges a transaction fee to the registrant. This fee is in addition to your class/program fee. Online Credit Card Transactions Class/Program Fee: $40 Online Transaction Fee(6.5%+.50) $3.10 Participant Pays: $43.10 Organization Keeps: $40 The Active Network Keeps: $3.10 How Do I Collect My Credit Card Registration Fees? The Active Network mails the Organization bimonthly payments of the class registration fees collected through online (and offline) credit card transactions. The 6.5% plus .50 transaction fee paid for by the participant is retained by The Active Network. Offline Transactions (Walk-in; Phone-in; Mail-in) When a participant registers and pays for a class on site (or offline)with either cash, a check or credit card, the Organization is charged the transaction fee, not the participant. Cash and check payments are charged a 1.5%fee per transaction. Offline credit card payments are charged a 3.75% transaction fee. Offline Cash/Check Transactions Offline Credit Card Transactions Class Fee: $40 Class Fee: $40 Cash/Check Transaction $.60 Credit Card Transaction $1.50 Fee 1.5% Fee 3.75% Participant Pays: $40 Participant Pays: $40 Organization Nets: $39.40 Organization Nets: $38.50 How are the Offline Fees Collected? RecWare offers several convenient payment options to make the collection of offline transaction fees optimal for everyone. Our quarterly minimum for all offline transaction fees is$750. We encourage organizations to work with their RecWare representative to set up the most convenient payment plan for you. RecNet T 1.888.543.7223,ext.209 recware E recinfo@active.com part o1 619eactweNErwaRK