American Payment Systems and BellSouth Corporation Reach Bill Payment Agreement.Business Editors HAMDEN, Conn.--(BUSINESS WIRE)--Sept. 9, 2002 American Payment Systems, a business unit of UIL UIL - User Interface Language Holdings (NYSE NYSE See: New York Stock Exchange : UIL) announced today that it has reached an agreement with the services unit of BellSouth Corporation to assume the management of BellSouth's network of walk-in bill payment outlets. BellSouth currently contracts with more than 500 independent retailers in its nine state territory to collect approximately 30 million bill payments from consumers and small business customers each year. American Payment Systems (APS) operates the largest US network of walk-in bill payment locations, contracting with more than 10,000 retailers in 47 states and collecting more than 100 million bills each year on behalf of utilities, telecommunications companies See telecom company. , and other businesses who regularly receive bill payments from consumers. Paul Rocheleau, President of APS said "Our contract will offer BellSouth immediate savings due to economies of scale, while continuing to provide a high level of service to BellSouth customers. We look forward to working with the many retailers who currently accept bill payments on BellSouth's behalf." Under the agreement APS will replace BellSouth's bill payment terminals at retailers with APS equipment and manage transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. through its Hamden data center. APS/BellSouth ADD1 "We're pleased to have this opportunity to expand our payment agent network to more than 70% of the US metropolitan population," said Corey Stone, Executive Vice President of APS. "Because of our relationships with a wide variety of billers, we will offer BellSouth customers the opportunity to make other bill payments at the same convenient locations where they pay their BellSouth bills. Moreover, the range of services we can deliver--including prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. wireless services and our stored value MasterCard card--will generate additional foot traffic and fee revenue for these retailers," said Stone. About American Payment Systems American Payment Systems (APS) is a wholly owned business unit of UIL Holdings Corporation (UIL). Founded in 1990, APS is an innovator in bill payment and related financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. offered through retailers. In 2000 APS acquired QuickPay! which allows agents to accept non-contracted bill payments for hundreds of billers such as Sears, AT&T, ExxonMobil, Ameritech and The Gap. In 2001, APS purchased a majority ownership of Cell Cards, a leading distributor of prepaid telephone services. In early 2002, APS Card Services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card. Inc (CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International ) launched ACCESS by QuickPay! a prepaid MasterCard(R) card as a cash alternative. |
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