e-CAP offers debit card processing to boost merchant sales volume and profitability, plus:

• Check-out time is reduced
• Debit cards are more convenient than using checks or credit cards
• Signature is required
• No need for customer to enter PIN at point of sale (less security worries for your customers)
• Bad checks, credit card chargebacks and counterfeit worries are eliminated

e-CAP offers a unique product that utilizes our direct debit network contracts, enabling a higher level of service to our merchants. In addition to the sales and security benefits, debit cards are becoming increasingly popular.

Debit Card Fact Sheet

• Over the last two decades, non-cash payments have more than doubled in volume from 37 billion to 80 billion. (Federal Reserve)
• Credit and debit cards account for 90 percent of Web-based purchases, which reached $10.5 billion during the 2001 holiday season. (Credit Card Management)
• Debit card use is estimated to grow 287 percent this decade.(Nilson Report)
• In the first nine months of 2001, debit card transactions rose 26.3 percent from the same period one year ago to 4.8 billion. (ATM & Debit News)
• Industry analysts expect debit-payment processing to grow 20 percent annually through 2005. (JP Morgan Chase)
• At the end of 2001, an estimated 153 milion debit cards were in use, an increase of 14 percent from 2000. (ATM & Debit News)
• The number of bank card transactions is estimated to grow 81 percent this decade to more than 17 trillion. (Nilson Report)