|Electronic billpay for direct billers|
Fidelity National Information Services offers comprehensive electronic billing solution for direct billers—among the capabilities is expedited payment.
Fidelity National Information Services Launches Expedited Payments
Jacksonville, Fla. April 15, 2008– Fidelity National Information Services, Inc. (FIS) today announced the release of FIS Expedited Payments™, a secure turnkey solution that enables financial institutions and merchants to quickly deploy an online payment option for statements and invoices. Consumers may search, view and pay their bills through a simple, seamless, online user interface designed to match corporate branding.
With FIS Expedited Payments, financial institutions can present mortgage, auto and installment loan statements for electronic payment. Consumers may make payments with debit cards, credit cards and electronic checks, via their Web site or IVR or using call-center assistance. All payments submitted are processed in real time.
Financial institutions also may resell this offering to commercial clients as part of their lockbox and commercial cash management services. These commercial clients then can present clients’ invoices and accept electronic payments, with the option to charge a fee. These payments can be made via their company Web site.
“Our Web-based billing and expedited payment solution provides merchants and financial institutions with a quick, easy option for receiving payments while also protecting customer information,” said Anthony Jabbour, executive vice president for FIS Core Processing and E-banking. “The prompt payments generated by this system will, in turn, improve the vendor’s revenue cycle and will provide financial institutions with a revenue-generating service offering.
Additionally, when Expedited Payments is packaged with other FIS solutions, the result is a powerful value that brings increased revenue and client loyalty.”
A self-service administrative platform makes it easy for clients to administer the system without increased support cost, and FIS offers the highest security to protect sensitive payment information.
About Fidelity National Information Services
Fidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor’s (S&P) 500® Index and has been ranked the number one overall financial technology provider in the world by American Banker and the research firm Financial Insight in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 9,000 financial institutions in more than 90 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.
For additional information contact:
Michelle Kersch, Sr. VP, Marketing and Corporate Communications, Lender Processing Services
Mary Waggoner, Sr. VP, Investor Relations, Fidelity National Information Services
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