Overview of Fees

Beginning June 1, 2007, the Deferred Presentment Provider will be charged a total fee of 45 cents ($0.45) for each approved and registered deferred presentment transaction.

This transaction-based fee consists of a database verification fee of 45 cents ($0.45). Note that this portion of the total fee may be "passed-on" or charged to the consumer pursuant to the Act.

This is the only fee collected for normal use of the Services.
Please note the following additional information:

• No monthly fees
• No minimum usage
• Unlimited * Customer Eligibility Checks
• Unlimited * SSN Validation checks
• Reasonable usage of the Customer Care Center IVR and Help Desk
• No charge for transaction updates
• Unlimited * usage of the Database for reporting and administrative purposes
• No fees for initial and on-going training
• No fees for loading your initial data provided in a standard format

*Unlimited usage for purposes of conducting business under the Michigan Deferred Presentment Service Transactions Act.

Prior to June 1, 2007, the DPP was charged a total fee of 75 cents ($0.75) for each approved and registered deferred presentment transaction. This transaction-based fee consisted of the following two components:

1. A database verification fee of 45 cents ($0.45). Note that this portion of the total fee may be "passed-on" or charged to the consumer pursuant to the Act.
2. A licensing fee of 30 cents ($0.30).