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| ChoicePay and IPP Expand Strategic Partnership to Provide
Fully Integrated Payment Solutions to Billers - (2007-10-15)
Driving more choices for billers and consumers Tulsa, OK and Fairfield, NJ, October 15, 2007 – ChoicePay, Inc. an electronic bill payment services provider today announced an expansion of their strategic partnership with IPP of America (IPP), a leading provider of electronic payment services. ChoicePay and IPP will leverage their payment solutions to deliver full service multi-channel payment capabilities to billers and their customers from a single network. As a result of this alliance, IPP’s Payment Settlement Network™ will be integrated into ChoicePay's self-service capabilities. ChoicePay will include IPP's walk-in payment solutions as part of their current bill payment offering as well as leverage IPP's authorized national biller relationships on the Vcom® and ChoicePay® kiosk networks – increasing ChoicePay's same-day payment capabilities to national billers. Vcom is the nation's largest multi-biller payment kiosk network located in over 1,000 select 7-Eleven® store locations, while the ChoicePay kiosk network is available at strategic sites. National biller relationships include T-Mobile®, Dish Network®, DIRECTV® and Sprint/Nextel®. "IPP is a recognized leader in providing in-person payment solutions at over 7,000 payment center locations and continues to expand their authorized national biller relationships. By expanding our same-day bill payment capabilities to more national billers, we have added tremendous value to our kiosk network and the consumers we serve," said Greg Adelson, President of ChoicePay. "Adding in-person payment capabilities to our set of bill payment services greatly enhances our ability to offer a full service financial services product offering to billers." In addition, IPP will offer ChoicePay's full suite of electronic payment and presentment services to clients, including multiple online and phone payment options. "By expanding this strategic relationship with ChoicePay, we can offer a single platform for our clients that will enable their customers to make payments virtually anytime and anywhere. Together, we will provide billers with a complete payment offering that creates a seamless incoming payment process for the biller – regardless of which payment channel the consumer chooses," said Rick Auletta, Senior Vice President of Sales, IPP of America. About ChoicePay ChoicePay, Inc. is an electronic bill payment services provider and a subsidiary of Tulsa National Bancshares, Inc., a federally regulated bank holding company. ChoicePay began as an electronic lockbox for billers in 1996 with the mission of streamlining highvolume bill-payment processes. The company makes available a comprehensive suite of ACH, credit card, and cash payment options via the Internet, bilingual Interactive Voice Response (IVR), bilingual call center, unattended walk-up kiosks, and attended walk-in retail locations. Bill payments can be made on the ChoicePay® Kiosk Network or on Vcom®, the nation's largest multi-biller kiosk network located in more than 1,000 select 7-Eleven® stores and available 24 hours a day. These kiosk solutions provide the unbanked and underbanked consumers a convenient cash option to pay multiple bills at one location any time of day. VISA® and MasterCard® International have certified ChoicePay as a Cardholder Information Security Program (CISP) compliant service provider that has met the Payment Card Industry (PCI) Data Security Standard requirements. For more information, visit www.choicepaycorp.com. About IPP IPP of America Inc. ("IPP") a leading provider of electronic payment services operates the largest national network of independent neighborhood-based payment centers, providing reliable and safe electronic payment services to cash paying customers. Through their 'Payment Settlement Network', IPP authorized payment centers offer a wide array of alternative financial services including electronic bill payment, prepaid long distance, prepaid wireless epins, and prepaid home phone. The company's payment center network currently extends to over 7,000 locations nationwide. For more information visit us at www.ipppays.com. |
