BillMatrix Briefs Rhode Island Public Utilities Commission.

Business Editors/High-Tech Writers

DALLAS--(BUSINESS WIRE)--March 12, 2004

The Payment Experts(TM) Answer Concerns

Using Their Decade of Experience

BillMatrix Corporation, a provider of outsourced telephone- and Internet-based payment services today briefed the Rhode Island Public Utilities Commission on the use of credit cards, ATM/debit cards, electronic checks and recurring direct debit ACH transactions for bill payment. Requested to appear at a meeting in support of a Commission-initiated public docket titled, "Investigation Into the Feasibility of Using Credit Cards as a Method of Paying Utility Bills," BillMatrix called upon the company's decade-long expertise in providing such services to utilities nationwide. The company reviewed the advantages and disadvantages of all types of payment methods with the Rhode Island Commissioners and their staff. The RIPUC is an independent regulatory body whose mission is to ensure that safe, reliable, quality utility service is provided at a fair and reasonable cost.

Jerry Portocalis, BillMatrix' senior vice president of sales and marketing, made the presentation and answered a wide range of questions from the meeting attendees on electronic payment methods commonly used in the utilities industry. "BillMatrix has responded to similar requests from other commissions in the past and we continue to be tapped for our industry expertise. We stand ready to support the efforts of regulatory bodies in all states to bring convenient, secure and reliable electronic payment methods to their consumers."

BillMatrix made a similar presentation at NACHA's Council for Electronic Billing and Payments in Annapolis, Maryland on March 2, 2004, leading a discussion with attendees on consumer and business drivers for utilizing electronic payments as well as business readiness for such programs.

In a continuing effort to provide high quality industry information to as broad an audience as possible, BillMatrix and a highly successful client will be jointly presenting a case study on their eight-year experience using the electronic payment service during the upcoming NACHA - Payments 2004 conference in Seattle, Washington. The presentation will take place on March 23rd at 1:30 PM.

About BillMatrix Corporation

BillMatrix Corporation provides outsourced payment services for the nation's largest companies using the latest automated consumer interface technologies. Founded in 1994 and headquartered in Dallas, BillMatrix works with corporations in the telecommunications, utility, insurance, mortgage and financial services industries to replace expensive, paper-based methods of remittance with a set of convenient, labor- and cost-saving electronic transactions. Consumers are able to make payments in a private and secure manner, via the Internet and telephone, using a variety of credit card, ATM/debit card, and electronic check payment options. BillMatrix maintains a fully staffed customer service organization to support both its clients and their consumers with any payment issues. For more information, visit www.BillMatrix.com or call [phone].