SAN ANTONIO, Sept. 11 /PRNewswire/ -- billserv.com, Inc. (Nasdaq: BLLS), a
leading electronic bill presentment and payment (EBPP) service bureau, today
announced that it has signed an agreement with AT&T (NYSE: T) that will enable
AT&T customers to receive and pay their AT&T residential long distance bills
online at any of the sites available through billserv.com's network of
partnerships. Terms of the agreement were not disclosed.
With billserv.com's EBPP solution, AT&T gains the ability to distribute
electronic bills to every delivery channel in billserv.com's network of
partnerships. billserv.com currently has agreements with major billing
consolidators including CheckFree, TransPoint, Bank of America, Spectrum,
MasterCard RPPS, PAYTRU$T, CyberBills as well as other banks, Internet portals
and billing sites.
billserv.com now has 26 contracted biller relationships representing
42 billers including AT&T. Of those, 20 billers are currently in a production
environment stage. The balance are in various stages of implementation.
The agreement with billserv.com will offer AT&T residential customers
increased flexibility to choose from additional service providers when
selecting the website at which they want to review and pay their electronic
bills. AT&T currently offers an EBPP solution with CheckFree Corp. through
their distribution network of bank, portal and other financial services sites
as well as an electronic billing option at their own website, att.com.
"AT&T customers are embracing use of the Internet to receive and pay their
bills. We expect this trend to grow significantly in the near future," said
Michael Tempora, vice president for AT&T Billing Services and Solutions. "Our
agreement with billserv.com will provide our residential customers with a
wider selection of bill presentment and payment sites."
"AT&T and other companies who have embraced EBPP stand to benefit from
reduced costs associated with delivering bills and customer service via the
Internet," said Michael Long, chairman and CEO of billserv.com. "AT&T
continues to demonstrate strong leadership in the electronic space and we are
pleased to be able to partner with them in this strategic effort."
About AT&T Corp.
AT&T is among the world's premier voice, data, and video communications
company. In addition to 70 million business and residential long-distance
customers, AT&T serves over 10 million cable subscribers, nearly 12 million
wireless customers, and provides Internet access to more than 2 million users.
With annual revenues of more than $62 billion and 148,000 employees, AT&T
provides services to customers worldwide.
About billserv.com, Inc.
billserv.com, Inc. is the leading electronic bill presentment and payment
service bureau that provides billers with a turnkey outsourcing solution for
presenting bills to consumers for payment on the Internet. billserv.com
serves an intermediary role between billers and bill aggregators by
consolidating customer billing information from multiple billers, and then
securely delivering it to aggregators. billserv.com has four product
offerings: eServ(SM), Internet billing clearinghouse services for EBPP;
ePublishing(SM), electronic publishing services for online statement delivery;
eCare(SM), an interactive customer care center operation; and eConsulting(SM),
professional consulting services for billing organizations offering in-house
bill presentment. billserv.com also owns bills.com, the first Internet portal
dedicated to EBPP, where consumers can pay all their bills electronically.
Additionally, billserv.com is CheckFree's first Certified Premier Partner.
For additional information, visit billserv.com or call
210-402-5000.
Certain statements contained herein are "forward-looking" statements (as
such term is defined in the Private Securities Litigation Reform Act of 1995).
Because such statements include risks and uncertainties, actual results may
differ materially from those expressed or implied by such forward-looking
statements.
Investor Relations Contact:
Jack Roney
(210) 402-5160
jack.roney@billserv.com
Stock Symbol: Nasdaq: BLLS
Investor inquiries: (888) 559-4184
SOURCE billserv.com, Inc.
-0- 09/11/2000
/CONTACT: Jack Roney of billserv.com, Inc., 210-402-5160, or
jack.roney@billserv.com, or investor inquiries, 888-559-4184/
/Web site: att.com
billserv.com /
(BLLS T)
CO: billserv.com, Inc.; AT&T Corp.
ST: Texas, New York
IN: MLM TLS FIN
SU:
CT-AH
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