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Aliaswire(R) Announces the General Availability of PayVox(TM), the First and Only Voice, Web and Wireless Bill Payment Solution for Prepaid Debit Card Industry.


LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  and CAMBRIDGE, Mass. -- Aliaswire (http://www.aliaswire.com)has announced, at the 2nd Annual PrePaid pre·pay  
tr.v. pre·paid, pre·pay·ing, pre·pays
To pay or pay for beforehand.



pre·payment n.
 Card Expo the general availability of PayVox[TM], the first Voice-Activated Bill Payment solution that has been designed exclusively for the prepaid card industry. Using just a prepaid debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , PayVox[TM] allows users to pay bills over the phone or the web in a manner previously only available to on-line banking bill-pay customers.

Through PayVox[TM], using state-of-the-art voice recognition capabilities users can provide bill payment instructions via user-defined commands as simple as "Pay utilities", "Pay phone bill" or "Pay Comcast". The PayVox[TM] multi-access platform is fully integrated with web and text messaging Sending short messages to a smartphone, pager, PDA or other handheld device. Text messaging implies sending short messages generally no more than a couple of hundred characters in length.  interfaces enabling bill payment from anywhere at anytime. The system has both English and Spanish voice recognition capabilities.

This general availability, follows a successful deployment and usage of PayVox[TM] with initial customers, such as Transend[R], a leading issuer of prepaid cards.

"Aliaswire's integrated bill pay solution, supported by state-of-the-art technology, has been a natural addition to our existing product suite. Providing this service helps us facilitate longer cardholder card·hold·er  
n.
One who holds a card, especially a credit card.



cardhold
 relationships. Extending card life cycles is key in the prepaid marketplace" says Rebecca Ahlers, TranSend's Director of Product Development. She adds "Aliaswire's innovative Bill Payment functionality adds tremendous value to Axcess America[R] cards and supports our vision of building comprehensive financial solutions that provide a meaningful, positive impact on the lives of our customers".

"Our research indicates that over Eighty percent (80%) of PrePaid customers use their phone rather than the web to access account information like card balances" says Chris Rooney EVP EVP Executive Vice President
EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor
EVP Electronic Voice Phenomenon
EVP Europäische Volkspartei (Germany)
EVP Employee Value Proposition
 at Aliaswire "the main reason for such a high usage of the phone in the Prepaid market demographic is that the majority of the customers have a cell phone but not a computer".

"We know our consumers lead busy lives and are constantly on the go", says Tracey Schneider, TranSend's Director of Marketing. "This innovative service offers unparalleled convenience, enabling cardholders to pay their bills whenever they want, wherever they happen to be. It's perfect for highly mobile, pay-as-you-go consumers".

"We are pleased to make PayVox[TM], our innovative Bill Payment solution, for the un/under banked customers, available to other PrePaid Processors, Programs and Financial Institutions" said Hoss Mohsenzadeh, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Aliaswire, Inc. "We have experienced 100% availability and completed transaction metric since going live with the service in September 2006, primarily due to our fault tolerant The ability to continue non-stop when a hardware failure occurs. A fault-tolerant system is designed from the ground up for reliability by building multiples of all critical components, such as CPUs, memories, disks and power supplies into the same computer.  voice and web infrastructure". PayVox[TM] transaction volume, in both Dollar terms and transaction count, has doubled on a month on month basis and we are ahead of our adoption projections. We are tremendously excited about this product and believe that PayVox[TM] will provide tremendous value to the Card Issuers, Card Programs and the Cardholders by fulfilling a clearly needed service for the Prepaid Card industry".

About Aliaswire, Inc. (http://www.aliaswire.com)

Headquartered in Cambridge, MA, Aliaswire is leading the payment industry in the development of highly convenient, reliable, and secure methods for transacting payments. The Company offers card processors, financial institutions and wireless carriers a highly scalable platform that enables web, telephone and handheld devices the ability to initiate and complete payment transactions. The company holds a number of issued and pending patents in the area of authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC.

(2) Verifying the identity of a user logging into a network.
 and mobile payment. Aliaswire operates as an ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja).  and has built a multi-faceted infrastructure that is completely scalable.
COPYRIGHT 2007 Business Wire
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 27, 2007
Words:563
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