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                                                                    EXHIBIT 10.2

                               EFUNDS CORPORATION
                         2005 DEFERRED COMPENSATION PLAN

                         FIRST EFFECTIVE JANUARY 1, 2005

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                               EFUNDS CORPORATION
                         2005 DEFERRED COMPENSATION PLAN

                         FIRST EFFECTIVE JANUARY 1, 2005

I.    HISTORY AND PURPOSE

      Effective January 1, 2001, the Company established a deferred compensation
      plan for its key employees which, in its most recently amended form, is
      maintained under a document entitled "eFunds Corporation Deferred
      Compensation Plan, As Amended and Restated Effective January 1, 2004" (the
      "Prior Plan"). Deferrals made which relate entirely to services performed
      on or before December 31, 2004 shall continue to be invested and
      distributed pursuant to the terms of the Prior Plan. Deferrals which
      relate all or in part to services performed on or after January 1, 2005
      shall be made subject to the terms of this Plan, the terms of which are
      intended to comply with the deferred compensation provisions in the
      American Jobs Creation Act of 2004.

      The purpose of the eFunds Corporation 2005 Deferred Compensation Plan is
      to provide a means whereby the Company may afford key employees with an
      opportunity to accumulate additional financial security, by providing a
      vehicle to defer compensation. By providing a means whereby Salary,
      Annual/Strategic Incentive and/or Sales Incentive compensation may be
      deferred into the future, the Plan will aid in attracting and retaining
      employees of exceptional ability. Compensation reductions made pursuant to
      the Plan will be credited with investment gains or losses, in accordance
      with the Plan, and benefits will be paid to the Participant (or his or her
      Beneficiary) as described herein. The Plan is also designed to provide
      additional financial security to eligible employees.

II.   DEFINITIONS

2.01  "Age" means the Participant's chronological age on the relevant date.

2.02  "Agreement" means the eFunds Corporation Deferred Compensation Plan
      Participation Agreement, executed between a Participant and the Company,
      whereby a Participant agrees to defer a portion of his or her Salary,
      Annual/Strategic Incentive and/or Sales Incentive pursuant to the
      provisions of the Plan, and the Company agrees to make benefit payments in
      accordance with the provisions of the Plan.

2.03  "Annual/Strategic Incentive" means the performance-based cash
      compensation, if any, earned for services performed over a Plan Year (or
      any other period of at least twelve (12) months) from the eFunds Annual
      Incentive Plan or the eFunds Strategic Incentive Plan.

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2.04  "Beneficiary" means the person, persons or trust who under the Plan,
      becomes entitled to receive a Participant's interest in the event of the
      Participant's death.

2.05  "Board of Directors" means the Board of Directors of eFunds Corporation or
      any committee acting within the scope of its authority.

2.06  "Change of Control" shall be deemed to have occurred if a "Change of
      Control" is deemed to have occurred under Section 2 (or any comparable
      successor provision) of the Change of Control Agreement entered into by
      the Company and its executive officers from time to time, as such
      agreements may be amended from time to time.

2.07  "Committee" means the Plan Committee, or its designee, appointed pursuant
      to Article VI to manage and administer the Plan.

2.08  "Company" means eFunds Corporation, its U.S. subsidiaries and their
      respective successors and assigns.

2.09  "Company Allocation" means an amount added to a Participant's Deferred
      Compensation Account by the Company pursuant to Section 3.05.

2.10  "Company Savings Plan" means the eFunds Corporation 401(k) Employees'
      Savings Plan as in effect and amended from time-to-time.

2.11  "Deferred Compensation Account" means the account(s) maintained by the
      Company for each Participant, pursuant to Article III. Notwithstanding the
      provisions of Section 8.09, a Participant's Deferred Compensation Account
      shall not constitute or be treated as a trust fund or escrow arrangement
      of any kind.

2.12  "Deferred Compensation Plan Trust" and "Trust" mean the eFunds Corporation
      Deferred Compensation Plan Trust, an irrevocable grantor trust or trusts
      established by the Company, in accordance with Section 8.09, with an
      independent trustee for the benefit of persons entitled to receive
      payments under this Plan.

2.13  "Determination Date" means the date on which the amount of a Participant's
      Deferred Compensation Account is determined as provided in Article III
      hereof. The last day of each calendar quarter and the date of a
      Participant's Termination of Service shall be a Determination Date.

2.14  "Disability" shall mean the Participant: (i) is unable to engage in any
      substantial gainful activity by reason of any medically determinable
      physical or mental impairment which can be expected to result in death or
      can be expected to last for a continuous period of not less than 12
      months, or (ii) is, by reason of any medically determinable physical or
      mental impairment which can be expected to last for a continuous period of
      not less than 12 months, receiving income replacement benefits for a
      period of not less than 3 months under an accident and health plan
      covering employees of the Company.

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2.15  "Participant" means an employee of the Company who is eligible to
      participate in the Plan pursuant to Section 3.01, and who enters into an
      Agreement. Except after a Change of Control, the Board of Directors or the
      Chief Executive Officer of eFunds Corporation may (subject to the terms of
      the Plan) add or delete Participants.

2.16  "Plan" means the eFunds Corporation 2005 Deferred Compensation Plan as
      amended from time-to-time.

2.17  "Plan Effective Date" means January 1, 2005. Deferrals which relate all or
      in part to services performed on or after January 1, 2005 shall be made
      subject to the terms of this Plan. Deferrals which relate entirely to
      services performed on or before December 31, 2004 shall continue to be
      invested and distributed pursuant to the terms of the Prior Plan, which
      was originally effective January 1, 2001.

2.18  "Plan Year" means a calendar year.

2.19  "Prior Plan" means the "eFunds Corporation Deferred Compensation Plan, As
      Amended and Restated Effective January 1, 2004".

2.20  "Salary" for purposes of the Plan shall be the total of the Participant's
      base salary paid during a calendar year and considered "wages" for FICA
      and federal income tax withholding, but before any deferrals made pursuant
      to this Plan or any other plan. For purposes of this Plan, Salary shall
      not include severance or other payments made in connection with a
      Participant's Termination of Service.

2.21  "Sales Incentive" means the earnings of a Participant which are
      attributable to sales results, and considered "wages" for FICA and federal
      income tax withholding, but before any deferrals made pursuant to this
      Plan or any other plan.

2.22  "Termination of Service" means the Participant's ceasing his or her
      employment with the Company for any reason whatsoever, whether voluntarily
      or involuntarily, including by reason of death or Disability.

2.23  "Unforeseeable Emergency" means a severe financial hardship to the
      Participant resulting from an illness or accident of the Participant, the
      Participant's spouse, or a dependent (as defined in section 152(a) of the
      Internal Revenue Code) of the Participant, loss of the Participant's
      property due to casualty, or other similar extraordinary and unforeseeable
      circumstances arising as a result of events beyond the control of the
      Participant.

III.  ELIGIBILITY - PARTICIPATION LIMITS

3.01  a)    Eligibility to Participate. Participation in the Plan shall be
            limited to key employees of the Company approved to participate by
            the Committee. It is the intention of the Company that all
            Participants satisfy the term "a select group of

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            management or highly compensated employees" as provided in Sections
            201(2), 301(a)(3), 401(a)(1) and 4021(b)(6) of ERISA.

      b)    Enrollment. In the case of the first Plan Year in which a employee
            becomes eligible to participate in the Plan, no later than thirty
            (30) days after the employee begins employment, such employee shall
            as a condition of participation complete such forms and make such
            elections as the Committee may require for the effective
            administration of this Plan. Such initial enrollment shall at a
            minimum contain an Agreement to defer a portion of the Participant's
            compensation in accordance with the provisions in Section 3.02,
            along with a form (the Payout Election Form) for the time and manner
            of payment of the employee's Deferred Compensation Account. The
            Agreement to defer a portion of the Participant's compensation may
            only be made with respect to Salary and Sales Incentives earned for
            services performed subsequent to the deferral election. With respect
            to Annual/Strategic Incentives earned for services performed over a
            Plan Year (or any other period of at least twelve (12) months), any
            Agreement may provide for Annual/Strategic Incentive deferrals if
            such election is made no later than six (6) months prior to the end
            of the service period over which the Annual/Strategic Incentive is
            earned.

      c)    Effect of Election. An Agreement, once accepted by the Committee,
            shall be irrevocable for the Plan Year (or the service period, in
            the case of an Annual/Strategic Incentive deferral) with respect to
            which it is made; provided, however, that if a Disability or
            Unforeseeable Emergency occurs during the period elected in the
            Agreement, the Participant's Agreement shall be suspended, and
            further deferrals shall not be required. Absent a Disability or
            Unforeseeable Emergency, such Agreement shall remain in effect for
            Salary and Sales Incentives earned in subsequent Plan Years unless,
            no later than fifteen (15) days prior to a subsequent Plan Year, the
            Agreement is changed or terminated by the employee or the employee
            is not selected for participation for that subsequent Plan Year.
            With respect to Annual/Strategic Incentives earned for services
            performed over a Plan Year (or such other period of at least twelve
            (12) months), any Agreement providing for Annual/Strategic Incentive
            deferrals shall remain in effect unless, no later than six (6)
            months prior to end of the service period over which the
            Annual/Strategic Incentive was earned, the Agreement is changed or
            terminated by the employee or the employee is not selected for
            participation for that service period.

      d)    Automatic Enrollment. Each Participant who participates in the
            Company Savings Plan and whose Company contributions under the
            Company Savings Plan are limited for the reasons described in
            Section 3.05 below shall automatically be enrolled to participate in
            the Company Allocation portion of this Plan and share in any
            discretionary Company Allocation made by the Company pursuant to
            Section 3.05.

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3.02  Deferral of Salary, Annual/Strategic Incentive and/or Sales Incentive. In
      accordance with Section 3.01, a Participant may elect to defer between
      three percent (3%) and ninety percent (90%) of his or her Salary payable
      during a Plan Year, in one percent (1%) increments. A Participant may also
      elect to defer between three percent (3%) and ninety percent (90%) of his
      or her Annual/Strategic Incentive payable during a Plan Year, in one
      percent (1%) increments. In addition, a Participant may elect to defer
      between three percent (3%) and ninety percent (90%) of his or her Sales
      Incentive payable during a Plan Year, in one percent (1%) increments. At
      the time of election, a Participant may elect to defer a different
      percentage of his or her Salary, Annual/Strategic Incentive and/or Sales
      Incentive and may also elect not to defer any portion of his or her
      Salary, Annual/Strategic Incentive and/or Sales Incentive in a Plan Year.
      In addition to Salary, Annual/Strategic Incentive and/or Sales Incentive,
      a Participant may be allowed to defer other compensation as approved by
      the Committee, provided that any such deferral election shall be made in
      accordance with Section 3.01 (and if such compensation is
      performance-based pay earned over a period of at least twelve (12) months,
      such election shall be subject to the same timing requirements as apply to
      Annual/Strategic Incentives).

      In the event a Participant elects to defer an amount of his or her Salary,
      Annual/Strategic Incentive and/or Sales Incentive that would not allow for
      the full payment of all FICA, federal, state and/or local income tax
      liabilities, the actual amount which shall be credited to the
      Participant's Deferred Compensation Account shall be the maximum amount
      allowable after all applicable taxes.

3.03  Suspension of Agreement to Defer Salary, Annual/Strategic Incentive and/or
      Sales Incentive. Except after a Change of Control, a Participant's
      Agreement to defer Salary, Annual/Strategic Incentive and/or Sales
      Incentive shall be suspended in the event that the Committee, in its sole
      discretion, reasonably determines that a Participant ceases to meet the
      eligibility requirements of the Plan.

3.04  Timing of Deferral Credits. The amount of Salary, Annual/Strategic
      Incentive and/or Sales Incentive that a Participant elects to defer in his
      or her Agreement shall cause an equivalent reduction in the Participant's
      Salary, Annual/Strategic Incentive and/or Sales Incentive, respectively.
      Deferrals shall be credited to the Participant's Deferred Compensation
      Account throughout the Plan Year as the Participant otherwise would have
      been paid the deferred portion of Salary, Annual/Strategic Incentive
      and/or Sales Incentive.

3.05  Company Allocation. The Company may credit a Company Allocation to a
      Participant's Deferred Compensation Account as set forth in this Section
      3.05. Such amount shall be credited as nearly as practicable as of the
      time or times when the credits are awarded. If a Participant is entitled
      to receive a Company contribution under the Company Savings Plan, the
      amount of Salary, Annual/Strategic Incentive and/or Sales Incentive
      deferred under this Plan shall not be considered for purposes of
      calculating benefits under the Company Savings Plan unless permitted by
      law. To the extent that a Participant's

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      Company contribution under the Company Savings Plan is reduced by reason
      of deferrals under this Plan, the amount equal to the additional benefits
      (or the actuarial equivalent thereof) he or she would have received under
      the Company Savings Plan based upon the deferrals (and disregarding for
      this purpose any benefit and compensation limitations under Sections
      401(a)(17) and 415 of the Internal Revenue Code), may be determined and
      paid in the same manner and the same time as other benefits payable under
      this Plan.

      The Company may also credit an additional Company Allocation to a
      Participant's Deferred Compensation Account in the event it is determined
      that a Participant's Company contribution to the Company Savings Plan was
      limited by Internal Revenue Code Sections 401(a)(17), 402(g), or 415 or
      any other legal limitations. In addition, the Company may credit such
      additional Company Allocations to a Participant's Deferred Compensation
      Account as determined by the Company in its sole discretion (and the
      Company shall not have any obligation for uniformity of treatment of any
      Participant in determining such discretionary Company Allocations).

3.06  Vesting. A Participant shall be one hundred percent (100%) vested in his
      or her Deferred Compensation Account equal to the amount of Salary,
      Annual/Strategic Incentive and/or Sales Incentive the Participant deferred
      into his or her Deferred Compensation Account and the investment gains or
      losses credited thereon. In the event a Company Allocation is credited to
      a Participant's Deferred Compensation Account pursuant to Section 3.05,
      the Company Allocation and the investment gain or losses credited thereon
      shall vest in the same manner as under the Company Savings Plan.

3.07  Determination of Account. Each Participant's Deferred Compensation Account
      as of each Determination Date shall consist of the balance of the
      Participant's Deferred Compensation Account as of the immediately
      preceding Determination Date adjusted for:

            -     additional deferrals pursuant to Section 3.02,

            -     Company Allocations (if any) pursuant to Section 3.05,

            -     distributions (if any); and

            -     the appropriate investment earnings and gains and/or losses
                  and expenses pursuant to Section 3.08.

      All adjustments and earnings related thereto, will be determined on a
      daily basis.

3.08  Deferred Compensation Account Investment Options. The Committee shall
      designate from time to time one or more investment options in which
      Deferred Compensation Accounts may be deemed invested. A Participant or
      Beneficiary shall allocate his or her Deferred Compensation Account among
      the deemed investment options by filing with the Committee an Investment
      Allocation Election Form or by making an election on-line. A Participant
      may elect to allocate his or her Deferred Compensation Account in one

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      percent (1%) increments among as many of the investment options which are
      offered by the Company. Any such investment allocation election shall be
      made on the Investment Allocation Election Form or on-line and shall be
      subject to such rules as the Committee may prescribe, including, without
      limitation, rules concerning the manner of making investment allocation
      elections and the frequency and timing of changing such investment
      allocation elections.

      The Committee shall have the sole discretion to determine the number of
      deemed investment options to be designated hereunder and the nature of the
      options and may change or eliminate the investment options from time to
      time. For each deemed investment option the Committee shall, in its sole
      discretion, select a mutual fund(s), an investment index, or shall create
      a phantom portfolio of such investments as it deems appropriate, to
      constitute the investment option. The Committee shall adopt rules
      specifying the deemed investment options, the circumstances under which a
      particular option may be elected (or shall be automatically utilized), the
      minimum or maximum percentages which may be allocated to the investment
      option, the procedures for making or changing elections, the extent (if
      any) to which Beneficiaries of deceased Participants may make investment
      elections and the effect of a Participant's or Beneficiary's failure to
      make an effective investment election with respect to all or any portion
      of a Deferred Compensation Account. The Committee shall determine the
      amount and rate of investment gains or losses with respect to any deemed
      investment option for any period, and may take into account any deemed
      expenses which would be incurred if actual investments were made.

      The Company may, but is under no obligation to, acquire any investment or
      otherwise set aside assets for the deemed investment of Deferred
      Compensation Accounts hereunder.

3.09  Change of Investment Election. A Participant may elect daily to change the
      manner in which his or her current Deferred Compensation Account and his
      or her future deferrals are deemed invested among the then-available
      investment options. Any change of investment allocation received on-line
      prior to 3:00 p.m. Central Standard Time on a business day, will be
      effective as of the close of business on that business day. Any change of
      investment allocation received on-line after 3:00 p.m. Central Standard
      Time or on a non-business day, will be effective as of the close of
      business on the next available business day.

IV.   DISTRIBUTIONS

4.01     Distribution upon Termination of Service. Upon a Participant's
         Termination of Service, distribution of the Participant's Deferred
         Compensation Account determined under Section 3.07 as of the
         Determination Date coincident with or next following such Termination
         of Service, shall commence and be completed by the tenth (10)
         anniversary of the Participant's Termination of Service. The
         distribution shall be made as designated by the Participant in his or
         her Payout Election Form, in accordance with Section 4.04.

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      In the event a distribution is made pursuant to this Section 4.01, the
      Participant shall immediately cease to be eligible for any other benefit
      provided under this Plan. Notwithstanding the foregoing, payment under
      this Section 4.01 to any "key employee" (as defined under Section 409A of
      the Internal Revenue Code) shall commence no earlier than six (6) months
      following a Termination of Service (or upon the death of the employee, if
      earlier) if required to comply with Section 409A of the Internal Revenue
      Code.

4.02  Distribution upon Death. Upon the death of a Participant prior to the
      distribution of all of his or her Deferred Compensation Account,
      distribution of the Participant's Deferred Compensation Account, as of the
      Determination Date coincident with or next following the date of death,
      shall be made or continue to be made to such Participant's Beneficiary. If
      the distribution of the Participant's Deferred Compensation Account has
      not yet commenced as of the date of death, distribution to the Beneficiary
      shall be made or commence as soon as practicable and in any event within
      sixty (60) days following the Participant's death. The method of
      distribution shall be as designated by the Participant in his or her
      Payout Election Form, in accordance with Section 4.04.

4.03  Distribution upon Disability. In the event a Participant incurs a
      Disability which first manifests itself after the Participant's initial
      participation in the Plan, but prior to the distribution of the
      Participant's Deferred Compensation Account, distribution of the
      Participant's Deferred Compensation Account as of the Determination Date
      coincident with or next following the date of Disability shall be made or
      commence as soon as practicable, but in any event within sixty (60) days
      following receipt of notice by the Committee of the Participant's
      Disability status. The distribution shall be made as designated by the
      Participant in his or her Payout Election Form, in accordance with Section
      4.04.

4.04  Method of Timing of Distribution.

      a)    Election in Agreement. Distribution of a Participant's Deferred
            Compensation Account shall be made in a lump-sum or installments, as
            elected by the Participant in his or her Payout Election Form.
            Installment payments shall be made annually over a period of two (2)
            to ten (10) years. Participants may elect installment payments to
            begin at Termination of Service or at the one year anniversary of
            the Participant's Termination of Service. The amount of each annual
            installment shall be determined annually and shall be equal to the
            quotient obtained by dividing the balance of the Participant's
            Deferred Compensation Account being distributed in installments by
            the number of installments remaining to be paid, including the
            current installment. Participants may elect to receive lump-sum
            payments at Termination of Service or an anniversary of Termination
            of Service between one (1) and ten (10) years.

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      b)    Election to Change Method of Distribution. A Participant may change
            the method of distribution to any other method permitted under
            Section 4.04(a) by submitting an election to the Committee, subject
            to the following limitations:

            i)    Such election must be submitted to and accepted by the
                  Committee at least twelve (12) months prior to the date a
                  distribution to the Participant would otherwise have been made
                  or commenced;

            ii)   The first distribution is delayed at least five (5) years from
                  such date;

            iii)  The election shall have no effect until at least twelve (12)
                  months after the date on which the election is made;

            iv)   The election shall not reduce the number of installment
                  payments; and

            v)    Notwithstanding the foregoing, the Committee shall interpret
                  all provisions relating to changing the distribution election
                  under this Section 4.04(b) in a manner that is consistent with
                  Section 409A of the Internal Revenue Code and Treasury
                  regulations and other guidance issued thereunder. Accordingly,
                  if the Committee determines that an election is inconsistent
                  with Section 409A of the Internal Revenue Code and other
                  applicable tax law, the election shall not be effective.

      c)    Small Accounts. Notwithstanding any payment method elected by a
            Participant or Beneficiary, the Company will pay in a lump-sum, any
            Deferred Compensation Account balance which is less than $10,000.

      d)    Default Election of Form of Distribution. If a Participant fails to
            elect a form of distribution at the time of initial enrollment in
            the Plan, such Participant shall be deemed to have elected that
            distribution be made in an immediate lump sum at Termination of
            Service as described in Section 4.04(a).

4.05  Interim Distribution. At the time a Participant enrolls in the Plan and
      executes an Agreement under Section 3.01(b), and no later than the time
      for making a deferral election under Section 3.01(c) for each subsequent
      Plan Year (or service period, in the case of Annual/Strategic Incentives),
      he or she may elect to receive an interim distribution of the amount of
      the Salary, Sales Incentive or Annual/Strategic Incentive deferred for the
      applicable period (adjusted for any earnings or losses thereon). A
      separate interim distribution election shall be made for each period for
      which amounts are deferred and a separate interim distribution shall be
      made for Salary, Annual/Strategic Incentive and/or Sales Incentive
      deferrals. The interim distribution election shall specify the year
      ("Distribution Year") in which such interim distribution shall be made,
      which shall be no less than three (3) Plan Years after the Plan Year in
      which the deferral was originally made. Provided the Participant has not
      had an earlier death, Disability or Termination of Service, the interim
      distribution shall be made in a lump-sum no later

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      than January 31st of the Distribution Year. A Participant may file a
      written request with the Committee to defer the time (but not the form) of
      the interim distribution in accordance with Section 4.04(b). Any interim
      distribution paid shall be deemed a distribution, and shall be deducted
      from the Participant's Deferred Compensation Account.

4.06  Hardship Distributions - Waiver of Deferrals. In the event that the
      Committee, upon written petition of the Participant or Beneficiary,
      determines in its sole discretion that the Participant or Beneficiary has
      suffered an Unforeseeable Emergency, the Company if so directed by the
      Committee, shall distribute to the Participant or Beneficiary as soon as
      reasonably practicable following such determination, an amount, not in
      excess of the value of the Participant's Deferred Compensation Account,
      necessary to satisfy the emergency.

      A Participant who receives a hardship distribution pursuant to this
      Section 4.06, shall also cease making deferrals, pursuant to this Plan,
      until the calendar month next following or coincident with a twelve (12)
      month period which begins on the date the hardship distribution is made. A
      Participant who is required to cease making deferrals due to the receipt
      of a hardship distribution, shall be permitted to begin making deferrals
      into this Plan by filing a new Agreement with the Company which such new
      Agreement shall become effective with respect to the designated Plan Year
      (or service period, as applicable) upon acceptance of the new Agreement by
      the Company. The new Agreement must be filed with the Company no later
      than the time for making a deferral election under Section 3.01(c) for a
      Plan Year (or service period, as applicable).

4.07  Withholding - Employment Taxes. To the extent required by the law in
      effect at the time payments are made, the Company shall withhold any taxes
      required to be withheld by any federal, state or local government.

4.08  Commencement of Payments. Unless otherwise provided in this Plan, payments
      under this Plan shall commence as soon as practicable following the
      Participant's eligibility for payment, but in no event later than sixty
      (60) days following receipt of notice by the Committee of an event which
      entitles a Participant or Beneficiary to payments under this Plan, or at
      such other reasonably subsequent date as may be determined by the
      Committee.

4.09  Recipients of Payments - Designation of Beneficiary. All payments to be
      made by the Company under the Plan shall be made to the Participant during
      his or her lifetime, provided that if the Participant dies prior to the
      commencement or completion of such payments, then all subsequent payments
      under the Plan shall be made by the Company to the Beneficiary determined
      in accordance with this Section 4.09. The Participant may designate a
      Beneficiary by filing a written notice of such designation with the
      Committee in such form as the Committee requires and may include a
      contingent Beneficiary. The

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      Participant may from time-to-time change the designated Beneficiary by
      filing a new designation in writing with the Committee.

      If there is not a Beneficiary designation in effect at the time any
      benefits are payable under this Plan, the Beneficiary shall be the
      beneficiary or beneficiaries designated by the Participant in the Company
      Savings Plan, or if no such designation is in effect under the Company
      Savings Plan, the Participant's Deferred Compensation Account, or the part
      thereof that as to which a designation fails, as the case may be, shall be
      payable in accordance with the default beneficiary rules under the Company
      Savings Plan.

4.10  Distributions in Cash. All distributions of Deferred Compensation Accounts
      shall be paid in United States dollars.

V.    CLAIM FOR BENEFITS PROCEDURE

5.01  Claim for Benefits. Any claim for benefits under the Plan shall be made in
      writing to the Committee. If such claim for benefits is wholly or
      partially denied by the Committee, the Committee shall, within a
      reasonable period of time, but not later than sixty (60) days after
      receipt of the claim, notify the claimant of the denial of the claim. Such
      notice of denial shall be in writing and shall contain:

      a)    The specific reason or reasons for the denial of the claim;

      b)    A reference to the relevant Plan provisions upon which the denial is
            based;

      c)    A description of any additional material or information necessary
            for the claimant to perfect the claim, together with an explanation
            of why such material or information is necessary; and

      d)    A reference to the Plan's claim review procedure.

5.02  Request for Review of a Denial of a Claim for Benefits. Upon the receipt
      by the claimant of written notice of the denial of a claim, the claimant
      may within sixty (60) days file a written request to the Committee,
      requesting a review of the denial of the claim, which review shall include
      a hearing if deemed necessary by the Committee. In connection with the
      claimant's appeal of the denial of his or her claim, he or she may review
      relevant documents and may submit issues and comments in writing. To
      provide for fair review and a full record, the claimant must submit in
      writing all facts, reasons and arguments in support of his or her position
      within the time allowed for filing a written request for review. All
      issues and matters not raised for review will be deemed waived by the
      claimant.

5.03  Decision Upon Review of a Denial of a Claim for Benefits. The Committee
      shall render a decision on the claim review promptly, but no more than
      sixty (60) days after the receipt of the claimant's request for review,
      unless special circumstances (such as the

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<PAGE>

      need to hold a hearing) require an extension of time, in which case the
      sixty (60) day period shall be extended to one hundred-twenty (120) days.
      Such decision shall:

      a)    Include specific reasons for the decision;

      b)    Be written in a manner calculated to be understood by the claimant;
            and

      c)    Contain specific references to the relevant Plan provisions upon
            which the decision is based.

      The decision of the Committee shall be final and binding in all respects
      on the Company, the claimant and any other person claiming an interest in
      the Plan through or on behalf of the claimant. No litigation may be
      commenced by or on behalf of a claimant with respect to this Plan until
      after and unless the claim and review process described in this Article V
      has been exhausted. Judicial review of Committee action shall be limited
      to whether the Committee acted in an arbitrary and capricious manner.

VI.   ADMINISTRATION

6.01  Plan Administration. The Plan shall be administered by the Committee. The
      Committee may assign duties to an officer or other employees of the
      Company, and may delegate such duties as it sees fit. An employee of the
      Company or Committee member who is also a Participant in the Plan shall
      not be involved in the decisions of the Company or Committee regarding any
      determination of any specific claim for benefit with respect to himself or
      herself.

6.02  General Rights, Powers and Duties of the Committee. The Committee shall be
      responsible for the management, operation and administration of the Plan.
      In addition to any powers, rights and duties set forth elsewhere in the
      Plan, it shall have complete discretion to exercise the following powers
      and duties:

      a)    Adopt such rules and regulations consistent with the provisions of
            the Plan as it deems necessary for the proper and efficient
            administration of the Plan;

      b)    Administer the Plan in accordance with its terms and any rules and
            regulations it establishes;

      c)    Maintain records concerning the Plan sufficient to prepare reports,
            returns, and other information required by the Plan or by law;

      d)    Construe and interpret the Plan, and to resolve all questions
            arising under the Plan;

      e)    Authorize benefits under the Plan, and to give such other directions
            and instructions as may be necessary for the proper administration
            of the Plan;

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<PAGE>

      f)    Employ or retain agents, attorneys, actuaries, accountants or other
            persons, who may also be Participants in the Plan or be employed by
            or represent the Company, as it deems necessary for the effective
            exercise of its duties, and may delegate to such persons any power
            and duties, both ministerial and discretionary, as it may deem
            necessary and appropriate, and the Committee shall be responsible
            for the prudent monitoring of their performance; and

      g)    Be responsible for the preparation, filing, and disclosure on behalf
            of the Plan of such documents and reports as are required by any
            applicable federal or state law.

6.03  Information to be Furnished. The records of the Company shall be
      determinative of each Participant's period of employment, Termination of
      Service, leave of absence, reemployment, years of service, personal data,
      and Salary, Annual/Strategic Incentive and/or Sales Incentive.
      Participants and their Beneficiaries shall furnish to the Committee such
      evidence, data or information, and execute such documents as the Committee
      requests.

6.04  Indemnification. No employee of the Company or member of the Committee
      shall be liable to any person for any action taken or omitted in
      connection with the administration of this Plan unless attributable to his
      or her own fraud or willful misconduct. The Company shall not be liable to
      any person for any such action unless attributable to fraud or willful
      misconduct on the part of a director, officer or employee of the Company.
      This indemnification shall not duplicate, but may supplement any coverage
      available under any applicable insurance coverage.

6.05  Composition of the Committee. The Committee shall be comprised of the head
      of Human Resources, the General Counsel, the Chief Financial Officer and
      such other employees of the Company as may be appointed by the Chief
      Executive Officer of the Company.

VII.  AMENDMENT AND TERMINATION

7.01  Amendment. The Plan may be amended in whole or in part at any time by a
      written instrument adopted by the Company. Notice of any material
      amendment shall be given in writing to the Committee and to each
      Participant and Beneficiary. No amendment shall retroactively decrease
      either the balance of a Participant's Deferred Compensation Account or a
      Participant's interest in his or her Deferred Compensation Account as
      existing immediately prior to the later of the effective date or adoption
      date of such amendment.

7.02  Company's Right to Terminate. The Company reserves the sole right to
      terminate, by action of its Committee, the Plan and/or the Agreement
      pertaining to a Participant at any time prior to the commencement of
      payment of his or her benefits. In the event of any such termination, a
      Participant shall be deemed to have incurred a Termination of Service and
      his or her Deferred Compensation Account shall be paid in the manner
      provided in

                                      -13-
<PAGE>

      Section 4.01, or the Committee may, in its sole discretion immediately pay
      all benefits in a lump sum following such termination of the Plan.
      Notwithstanding the foregoing, such payments shall be made upon Plan
      termination only to the extent permissible under Section 409A of the
      Internal Revenue Code and related Treasury regulations and guidance.

VIII. MISCELLANEOUS

8.01  No Implied Rights. Neither the establishment of the Plan nor any amendment
      thereof shall be construed as giving any Participant, Beneficiary, or any
      other person any legal or equitable right unless such right shall be
      specifically provided for in the Plan or conferred by specific action of
      the Committee or Company in accordance with the terms and provisions of
      the Plan. Except as expressly provided in this Plan, the Company shall not
      be required or be liable to make any payment under this Plan.

8.02  No Right to Company Assets. Neither the Participant, a Beneficiary, nor
      any other person shall acquire by reason of the Plan any right in or title
      to any assets, funds or property of the Company whatsoever, including,
      without limiting the generality of the foregoing, any specific funds,
      assets or other property which the Company, in its sole discretion, may
      set aside in anticipation of a liability hereunder. Any benefits which
      become payable hereunder shall be paid from the general assets of the
      Company. The Participant and his or her Beneficiary shall have only a
      contractual right to the amounts, if any, payable hereunder, unsecured by
      any asset of the Company. Nothing contained in the Plan constitutes a
      guarantee by the Company that the assets of the Company shall be
      sufficient to pay any benefits to any person.

8.03  No Employment Rights. Nothing herein shall constitute a contract of
      employment or of continuing service or in any manner obligate the Company
      to continue the services of the Participant, or obligate the Participant
      to continue in the service of the Company, or as a limitation of the right
      of the Company to discharge any of its employees, with or without cause.
      Nothing herein shall be construed as fixing or regulating the Salary,
      and/or Annual/Strategic Incentive payable to the Participant.

8.04  Offset. If, at the time payments or installments of payments are to be
      made hereunder, either the Participant or Beneficiary is indebted or
      obligated to the Company, then the payments remaining to be made to the
      Participant or the Beneficiary may, at the discretion of the Company, be
      reduced by the amount of such indebtedness or obligation. However, an
      election by the Company not to reduce any such payment or payments shall
      not constitute a waiver of its claim, or prohibit or otherwise impair the
      Company's right to offset future payments for such indebtedness or
      obligation.

8.05  Non-assignability. Neither the Participant, a Beneficiary, nor any other
      person shall have any voluntary or involuntary right to commute, sell,
      assign, pledge, anticipate, mortgage or otherwise encumber, transfer,
      hypothecate, or convey in advance of actual receipt the amounts, if any,
      payable hereunder, or any part thereof, which are expressly declared to

                                      -14-
<PAGE>

      be unassignable and non-transferable. No part of the amounts payable shall
      be, prior to actual payment, subject to seizure or sequestration for the
      payment of any debts, judgments, alimony or separate maintenance owed by
      the Participant, a Beneficiary, or any other person, or be transferable by
      operation of law in the event of the Participant's, a Beneficiary's, or
      any other person's bankruptcy or insolvency.

8.06  Gender and Number. Wherever appropriate herein, the masculine may mean
      feminine and the singular may mean the plural, or vice versa.

8.07  Notice. Any notice required or permitted to be given under the Plan shall
      be sufficient if in writing and hand delivered, or sent by registered or
      certified mail, and if given to the Committee or the Company, delivered to
      the principal office of the Company, directed to the attention of the
      Committee. Such notice shall be deemed given as of the date of delivery,
      or, if delivery is made by mail, as of the third business day after the
      date shown on the postmark or the receipt for registration or
      certification.

8.08  Governing Laws. The Plan shall be construed and administered according to
      the laws of the State of Delaware, to the extent not pre-empted by federal
      law.

8.09  Deferred Compensation Plan Trust. The Company may establish a Trust with
      an independent trustee, and shall comply with the terms of the Trust. The
      Company may transfer to the trustee an amount of cash, marketable
      securities, or other property acceptable to the trustee ("Trust Property")
      equal in value to all or a portion of the amount necessary, calculated in
      accordance with the terms of the Trust, to pay the Company's obligations
      under the Plan (the "Funding Amount"), and may make additional transfers
      to the trustees as may be necessary in order to maintain the Funding
      Amount. Trust Property so transferred shall be held, managed, and
      disbursed by the trustee in accordance with the terms of the Trust. To the
      extent that Trust Property shall be used to pay the Company's obligations
      under the Plan, such payments shall discharge obligations of the Company;
      however, the Company shall continue to be liable for amounts not paid by
      the Trust. Trust Property will nevertheless be subject to claims of the
      Company's creditors in the event of bankruptcy or insolvency of the
      Company, and the Participant's, a Beneficiary's, or any other person's
      rights under the Plan and Trust shall at all times be subject to the
      provisions of Section 8.02.

8.10  Code Section 409A Compliance. Notwithstanding any foregoing provision in
      this Plan statement to the contrary, the Committee shall interpret all
      provisions in this Plan statement in a manner that is consistent with
      Section 409A of the Internal Revenue Code and Treasury regulations and
      other guidance issued thereunder.

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<PAGE>

IN WITNESS WHEREOF, the Company has adopted this eFunds Corporation Deferred
Compensation Plan effective January 1, 2005.

eFunds Corporation

By: /s/ Michele J. Langstaff
    --------------------------------------

Its: Senior Vice President-Human Resources

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