ADVISORY/Experts Available to Comment On Electronic Payments.

Business Editors

ADVISORY...

--(BUSINESS WIRE)--Nov. 15, 2001

TOPIC: Use of electronic payments has steadily increased over the last two
decades, according to a new Federal Reserve study. The Fed found American
consumers now make around $80 billion non-cash retail payments annually --$30
billion in electronic forms, such as debit and credit cards and about $50
billion by check, according to a story by MSNBC. On a percentage basis, checks
have declined from approximately 85 percent of all noncash payments in 1979 to
about 60 percent today, the study found. EXPERTS: ExpertSource can offer
several highly qualified experts to comment on this story:

Mr. Dan Heimann is Director of Marketing, Electronic Bill Delivery and Payment Solutions for ACI Worldwide. He is an expert in EBPP (electronic bill payment and presentment) and ESD (electronic statement delivery). ACI Worldwide is a leading international provider of enterprise e-payment solutions, announces the launch of its second-generation software for electronic statement delivery (ESD) and electronic bill delivery and payment (EBDP)--M-Statement(TM) and M-Bill(TM). With these solutions, companies can create, track and securely deliver content-rich statements and bills directly to their customers via e-mail and other delivery channels. Customers can electronically pay the billing company from within the bills they receive using payment types accepted around the world. Through ACI's "pay biller" approach, billers can readily clear their customer's payments through the corporate financial institution or payment services provider they already use. PR: Gene Hinkle 402/390-8906; [e-mail]

Ray Moyer is CEO of Electronic Payment Exchange ("EPX") a full-service payment processing company that enables businesses to accept all major forms of electronic payment from a wide variety of distribution channels. During his 7 years with EPX, Ray has led the company's innovative technology and product development, including the development of the first Internet based payment-processing system in 1993, which processed the first online credit card and the first online ACH payment transaction. EPX was founded in 1979 and currently processes over $5 billion in transactions annually. PR: Jennifer Warren, 302/326-0700, ext 2131; [e-mail]

Robert Mulford is recently retired from Federal Reserve Bank of San Francisco after 31 year career, including 7 years as VP, General COunsel Ethics Officers. He has substantial expertise in payments (checks, ACH, funds transfer) law and in consumer regulations (Equal Credit Opportunity, Electronic Fund Transers, Truth in Lending, Truth in Savings). He is currently employed by Friedemann O'Brien Goldberg & Zarian in Santa Rosa, CA. 707/541-7200

ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue.

ExpertSource, a collaboration of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/expertsource.

Business Wire's Media Resource Center provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com/media) for more information.