BillMatrix Executive Speaks on the Future of Debit; The Payment Experts Continue Educational Mission.DALLAS -- BillMatrix Corporation, a provider of outsourced telephone and Internet-based payment services See Web payment service. , will participate tomorrow in a panel discussion at the ATM & Debit Forum at the Baltimore Marriot Waterfront in Baltimore, Maryland "Baltimore" redirects here. For the surrounding county, see Baltimore County, Maryland. For other uses, see Baltimore (disambiguation). Baltimore is an independent city located in the state of Maryland in the United States. . John Witt, the Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the company, will be one of the experts offering ideas on enhancing the utility of debit and a perspective on the industry during a featured session entitled, "The Future of Debit: Emerging Payments Panel Discussion." The panel will review the rapidly expanding use of debit cards 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. , as well as their current and future role in the payments business. BillMatrix has been a proponent One who offers or proposes. A proponent is a person who comes forward with an a item or an idea. A proponent supports an issue or advocates a cause, such as a proponent of a will. PROPONENT, eccl. law. of the use of debit cards since the company's inception, pioneering their use in 1995 for on-demand bill payment in the utility industry. In cooperation with the major electronic funds transfer See EFT. (application, communications) electronic funds transfer - (EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. networks, the company has continued innovating with the expansion of PIN-less, online debit use for insurance and telecommunications bills and most recently, for mortgage payments. Mr. Witt has been with the company since 2000 and is responsible for all day-to-day functions including the payment system operation, technology development, customer service and sales & marketing. He has a broad, long-term background in financial and operational issues and will offer an insightful point-of-view to the session's attendees. Thomson Media has organized the ATM & Debit Forum to be an educational opportunity for individuals looking to develop and execute a payments strategy to hear from industry innovators on the radical transformation and convergence of the ATM and debit markets. 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 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. industries to replace expensive, paper-based methods of remittance Money sent from one individual to another in the form of cash, check, or some other manner. Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance. REMITTANCE, comm. law. 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 800-596-0221. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion