Product: eca$hier Financial Services Kiosk
Company: AmStar Systems Inc.

Individuals with bank accounts can take advantage of many automated banking features using ATMs or kiosks. But what about people without bank accounts? Will they be left "unbanked"?

In late summer 2005, Texas-based AmStar Systems Inc., a self-service financial kiosk manufacturer, plans to unveil the eca$hier financial services kiosk, a fully automated, check-cashing, multi-function ATM that targets consumers without bank accounts who need to cash checks and access funds from money wires and money orders.

The eca$hier uses a PIN-based prepaid debit card to identify a check-cashing customer, so it eliminates the need for a back office to handle customer identification and check approval. The machines are equipped with check imaging devices that process checks in real time.

In order to obtain a prepaid debit card, customers respond to prompts on the kiosk screen for ID verification.

The system runs a scan of the Department of the Treasury's Office of Foreign Assets Control (OFAC) database, as stipulated by the USA PATRIOT Act.

Once approved, the kiosk dispenses a reloadable PIN debit card, and the customer continues with the check cashing process.

Customers can load part of the check's value onto the card and receive the remaining funds as cash, load all the funds onto the card, or receive all of the funds as cash.

Because of a large number of ISO inquires about reselling the product, AmStar pushed up the release of the eca$hier to this summer, according to the company's President and Chief Executive Officer Robert G. Farris.

AmStar Systems Inc.
2015 Midway Road, Suite 111
Carrollton, TX 75006
972-726-8800
www.amstarsystems.com