Triple Play ATM Feature

The Triple Play ATM Feature allows existing clients and guests to triple their tribute by signing a simple Debt Contract that turns a single ATM payment into two more additional installments. The Contract is generated right in the ATM, with only a brief application.

Contract Features:

  • No income verification is required. Although estimated salary amount is collected for calculating the Engagement Level.
  • Only the most basic demographic information is required:
    • Name on payment card (Verified by Photo ID or other means)
    • Billing address and postal code
    • Email for eSigning document
    • Date of birth to verify age
  • Processing fee equal to ⅓ of the initial tribute is charged upon document review. (Usually within one business day.)
  • Contract terms are diminished in severity and administrative fees are lower and less complicated.
  • Contract length is significantly reduced, as the Confidentiality Agreement, Purchase Agreement and other terms are reviewed and accepted directly in the ATM.

Procedure:

  1. ATM user selects Triple Play Mode then selects a tribute amount.
  2. Total amount and processing fee amount are calculated and reviewed.
  3. Brief application and identity verification is completed.
  4. Card information is securely entered and tribute is made. (Immediately appears on bank statement as a charge to BFI PMT LLC or BFI.Financial.)
  5. If approved by the system, a contract is automatically compiled and sent to the user to review and sign.
  6. Like a standard Secured Contract, a Manual Card Authorization is included as part of the signature packet. Additional payments are only posted if this packet is completed and signed.
  7. After producing the document, user has 10 days to sign and complete the Triple Play otherwise it is automatically recalled and no additional charges are made.
  8. If signed and application is accepted, processing fee is charged and remaining two payments are scheduled. At this point, contract becomes binding and is enforced through standard collection procedures.
  9. Additional contacts with ATM user depend on Engagement Level selected.

See preview video of process here.

Click the Triple Play button below to begin: