Bushel Wallet™ 2.0.0

The development of digital payment solutions tailored specifically for the agricultural supply chain has made transactional processes more efficient and accessible. Bushel has introduced a pioneering digital wallet designed exclusively for agribusinesses, facilitating seamless financial interactions among users within the Bushel Wallet network (currently available by invitation only).

Bushel Wallet provides a comprehensive suite of payment functions commonly used by farmers and agribusinesses, enabling users to initiate and receive payments directly from their mobile devices while expanding their payment network to include other Wallet users. The key features of the application include:

• Sending and receiving funds with other Bushel Wallet participants
• Transferring money to a linked bank account
• Securely linking multiple bank accounts for streamlined transactions
• Accumulating interest on funds held within the Bushel Business Account, offered by The Bancorp Bank, N.A., Member FDIC
• Access to FDIC insurance coverage up to $5 million via sweep program banks*

SEND AND RECEIVE MONEY

The platform facilitates transactions within the Bushel Wallet network, allowing payments to be funded through the user's Bushel Business Account balance or any linked bank accounts, thereby simplifying inter-company payments and reducing reliance on traditional methods such as paper checks.

TRANSFER FUNDS

The app enables quick and secure movement of funds between the Wallet and linked bank accounts. This functionality aims to eliminate trips to the bank, reduce paperwork, and streamline deposit procedures.

LINK ALL OF YOUR BANK ACCOUNTS

Acknowledging the complexity of financial management in agribusiness, Bushel Wallet allows users to link multiple banking institutions, facilitating easier transactions, fund transfers, and deposit management across various accounts.

Bushel Wallet employs advanced security and encryption technologies to protect sensitive financial data, ensuring a high level of trust in its operations. Funds held in Bushel Business Accounts accrue interest without minimum balance requirements or monthly fees. These accounts are provided through The Bancorp Bank, N.A., a federally insured institution (“The Bancorp”).

*Please note that Bushel operates as a financial technology company rather than a bank. Banking services associated with the Bushel Business Account are provided by The Bancorp Bank, N.A., Member FDIC. FDIC insurance coverage applies only in the event of bank failure and is limited to $250,000 per depositor, per FDIC-insured bank, per ownership category through The Bancorp and its sweep program banks. For additional details, refer to the Bushel website and the Deposit Account Agreement.