ADP TotalPay ® Card

1. ADP TotalPay® Card The Electronic Payment Solution for University of Pennsylvania

2. TotalPay Card Is . . . • Prepaid stored-value card • Personalized, reloadable Visa debit card • PIN and signature based • Replenished with each pay cycle • Accepted at a global network of participating ATMs, Visa merchants, and Visa member banks • Instant-issue Visa card also available—a great solution for “on-the-spot” disbursements

3. Why Pay Cards Make Sense for Penn • Direct deposit on plastic is an alternative for under banked • Reduce fraud exposure associated with checks • No escheatment required • Increase operational efficiency • No check distribution or reconciliation • Eliminate lost or stolen checks • Reduce/eliminate manual checks • Reduce fees for stop payments and expedited services • Improve Business Continuity/Recovery

4. Cost savings for participants No check cashing fees No special trips to pick up a check Convenience Funds deposited automatically 24-hour access to funds Transaction activity and spending easily tracked Safety and security No need to carry cash Economics Make Sense for Employees 1. “The Cost Effectiveness Of Stored-Value Products”, May 2005, James C. McGrath. Federal Reserve Bank of Philadelphia

5. Participants Will Appreciate . . . • Immediate access to funds • No check-cashing fees or waiting in long bank lines • No waiting for deposited checks to clear • Making purchases anywhere Visa® debit cards are accepted—in person, online, by mail, or by phone • Online or phone-based transfer of funds from the card to a U.S.-based bank account • Secondary cards are available for a spouse or other trusted family member • E-mail/Text balance alerts

6. TotalPay Card Is for Everyone • No bank account? Don’t need one! • A bank account is not required • No credit or poor credit? • No credit approval is required

7. TotalPay Card Is Convenient • Easy access to cash • Cash withdrawal available at 924,000 Visa or PLUS® ATMs*; 32,000 Allpoint ATMs • Cash back with point-of-sale transactions at participating merchants that accept Visa debit* • Over-the-counter (OTC) Teller cash withdrawal from Visa member banks* • Load cash from other sources such as wages from a job, tax refunds, government benefits, and child support payments * Nominal fees may apply.

8. Be Assured • No need to carry large amounts of cash • Lost or stolen cards can be replaced with their full remaining stored value • No liability for fraudulent charges* • Deposits and transactions are confidential * Visa’s Zero Liability Policy provides protection from any unauthorized purchases. U.S. issued only. Visa’s Zero Liability Policy does not apply to commercial card or ATM transactions, or to PIN transactions not processed by Visa.

9. Cardholder Services • Free unlimited cardholder Web access provides the following: • Card Activation • ATM Locator • Balance Inquiries • Transaction History • Visa Bill Pay • Print Dispute Form Visit www.mycard.adp.com

10. Network ATMs located in these states. Surcharge-Free ATM Access • The Allpoint network provides the largest surcharge-free ATM network in the U.S. Allpoint® ATM Network • 32,000 ATMs nationwide • Over 1,800 in Philadelphia • Conveniently located in national retail locations including: • CVS • Wawa Food Market • 7-Eleven • Rite Aid • Sunoco

11. Campus Allpoint ATM Locations CVS3925 Walnut Street 7-Eleven106 South 38th Street Pasquallys202 1/2 South 43rd St Wawa Food Market 13604 Chestnut St 7-Eleven3401 Lancaster Ave 7-Eleven4201-59 Walnut St

12. Overview of Free Services Unlimited Use Free Services Allpoint in-network ATM Withdrawals Free Purchase Transactions – Signature Free Purchase Transactions – PIN code Free Purchase with Cash Back – PIN Code Free One free service per pay period Visa Member Bank In-Person Cash Withdrawal Two free services per month Web Access Money Transfer

13. Cardholder Services (Cont.) • 24-hour toll-free Customer Service • Automated Phone Service • Live Customer Service Representative

14. The • Employee can write check(s) for up to their available balance • Money Network process designed to minimize overdrafts • There is no fee for overdraft (balance goes negative until next pay) • Resolving any overdraft is between merchant and employee

15. Is Penn “Leading Edge?” Not so much! University of California Emory University Northwestern University PECO CBS Kelly Services Walmart Wendys Sears Abercrombie and Fitch IRS debit card for 2010 Income tax refunds!

16. Implementation Timeline • Business Advisory Board update 2/8 • BA / Payroll Admin Communication 2/10 • Human Resource Council 2/11 • Bank fair notification with checks 2/25 2/28 • ADP option notification with checks 3/11 • 3/31 • ADP/bank fairs 3/14 • 3/22

17. Implementation Timeline • Direct deposit not elected by April 15 • ~2,066 Permanent (Blue) Pay cards mailed to current address in payroll system • Faculty, Staff, Student Workers • Daily FTP of new hires • Red Temporary Pay Cards • Outsourced ADP option effective • Weekly Paid June 24 • Monthly Paid June 30 • Students not on payroll (reimbursements) Fall 2011 • Phased in approach

18. Closing Thought “It’s a step in the right direction. It makes sense and is in the direction that many institutions are going.” - Dr. Fred Scatena Professor Chair, Earth and Environmental Science

19. Questions? Website www.finance.upenn.edu/comptroller/payroll/receiving_your_pay.shtml Email payroll@ exchange.upenn.edu Phone 215-898-6301

20. TotalPay Card Get paid the TotalPay Card way! TotalPay Cards are made available by ADP. The TotalPay Card is issued by ADP Federal Credit Union, or Palm Desert National Bank pursuant to a license from Visa U.S.A. Inc. The ADP logo is a registered trademark of ADP of North America, Inc. TotalPay is a registered service mark of ADP, Inc. Allpoint is a registered trademark of ATM National, Inc. U.S. Bank is a registered trademark of U.S. Bancorp and its affiliates. TotalPay Card is a service mark of ADP, Inc. Visa and Visa Plus are registered trademarks of Visa U.S.A., Inc. 20