Want to see the Future - Now?

No I.D. Required -

Mr. Payroll is a new check cashing service being offered by BANC ONE.

The system is basically an ATM, (also referred to as a "kiosk"), with one distinguishing feature. Better get over any camera shyness you may have because these "ATMs" include an on-board "facial recognition" camera that automatically takes your biometric picture every time you cash a check.

Provide the digital photo along with, of course, your Social Security number and your all set. Just insert your check, type in your SSN, give a big smile for the camera, pause just ever-so-briefly for automated identity verification with the central database... and presto! - cash money right on the spot. Oh yes, there will also be a real-time (that means "right now"), irrefutable, permanent record of what time you were at "Mr. Payroll" and how much you cashed your check for.

[Here are some excerpts from the Mr. Payroll introductory announcement]

It's the most exciting innovation the retail and banking industries have seen in years. The new automated Mr. Payroll machine with check cashing and ATM service. With no employee involvement. And no risk to you. Because every check cashed is guaranteed 100% by Mr. Payroll.

Featuring state-of-the-art engineering and proprietary software, the fully automated Mr. Payroll includes an operating system (patent pending) utilizing facial biometrics technology - an advanced security device that actually reads and recognizes a person's face much like a fingerprint.

Part Bank Teller, Part Computer... All Machine.

Customers become established with the new Mr. Payroll by answering a few quick questions and having a computerized picture taken on their initial visit. Questions are asked via a telephone on the machine connecting them with the Mr. Payroll Central Service Center.

A social security number is all that is required. No bank account is needed, not even a driver's license. Once a customer is established, subsequent check cashing at any Mr. Payroll takes just seconds with no photo ID required.

What kind of technology is involved?

Mr. Payroll features a revolutionary combination of time-tested technology and a Patent Pending operating system. A facial biometric device that reads and recognizes a person's face similar to the process of fingerprint identification provides a top-notch security element to the system. Mr. Payroll also owns the copyright on the proprietary software that allows each machine to link with a Central Service Center for verification.

[Banc One press release:]

BANK ONE to Test Check Cashing Machines With Mr. Payroll

COLUMBUS, Ohio, Oct. 13, PRNewswire -

BANC ONE CORPORATION and Mr. Payroll Corporation, a wholly owned subsidiary of Cash America International (NYSE: PWN) headquartered in Fort Worth, Texas, announced today that they have entered into a partnership agreement to test check cashing machines in an unspecified number of locations in BANC ONE markets. The check cashing machines will be branded under BANC ONE's Rapid Cash machine program and will be installed in test locations in early 1998.

Mr. Payroll is the world's first state-of-the-art, self service machine with services including check cashing and ATM transactions. It offers the convenience of affordable, 24-hour check cashing at places such as convenience stores, bank lobbies, grocery stores, discount retailers and shopping malls. Established users with or without a bank account can cash all types of checks at any Mr. Payroll machine, without a driver's license.

Charles W. Held, Sales Manager for Banc One's Retail Distribution Group, said, "Our objective is to assist retailers on a national and regional level by significantly increasing the number of locations where consumers can access cash. We also want to test the idea of letting consumers cash any check at their convenience."

Mike Stinson, President of Mr. Payroll, said, "We're delighted with this opportunity to combine efforts with an industry leader like Bank One."

BANC ONE CORPORATION had total assets of $115.5 billion and common equity of $9.7 billion at June 30, 1997. BANC ONE currently operates approximately 1,200 offices in 12 states. BANC ONE also owns several additional corporations that engage in a full range of financial services.

Information about Mr. Payroll's check cashing machine (CCM) can be accessed on the Internet at: http://www.mrpayroll.com