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The agreement expands CheckFreePay walk-in bill payment service to 13
additional states for AT&T Wireline customers
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Existing walk-in bill payment services are renewed for AT&T Long
Distance, Mobility and U-verse bills, which give consumers the ability
to pay bills in person at thousands of CheckFreePay retail agents
across the United States
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Of the nearly 25 percent of U.S. households who are unbanked or
underbanked, nearly 77 percent pay at least one monthly bill in-person
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that AT&T™ (NYSE: T) has extended
its relationship with Fiserv and signed a multi-year, sole provider
agreement for its CheckFreePay® walk-in bill payment service.
The contract expands the walk-in bill payment capabilities for Wireline
customers into 13 additional states, so that customers in more than 22
states now have walk-in bill payment capabilities for their Wireline
phone bills. AT&T also renewed the contract for its Long Distance,
Mobility and U-verse® customers, so that customers in 48
states can continue paying their bills through walk-in bill payment
locations.
According to a report
by Aite Group, nearly 25 percent of U.S. households are unbanked or
underbanked and, of those, nearly 77 percent pay at least one monthly
bill in person. With this agreement, AT&T customers will have the option
to pay their Wireline, Long Distance, Mobility and U-verse bills in
person using cash, checks or money orders at any local CheckFreePay
agent. Payment transactions made at a walk-in bill payment location are
processed quickly and seamlessly to AT&T via the secure electronic
payment network provided by Fiserv, and payments are credited to the
customer's account in real time. A receipt is provided as proof of
payment.
Fiserv is the largest processor of walk-in payments in the U.S., with
nearly 25,000
retail locations nationwide. CheckFreePay agents include
supermarkets, drugstores and convenience stores, along with hundreds of
independent and chain store retailers.
The billing services relationship between AT&T and Fiserv began in 1996
and has continually enabled the telecommunications provider to service
its customers at many touch points from electronic bill distribution at
financial institution sites to CheckFreePay walk-in bill payments.
Fiserv provides billers with the broadest, single-source range of
billing and payment channels, including biller websites, mobile phones,
financial institution websites, walk-in and print and mail. Fiserv is
the largest processor of walk-in payments, electronic bill presentment
and electronic bill payment in the U.S. The secure electronic payments
network from Fiserv processes more than one billion transactions
annually, and also leverages partnerships with more
than 3,800 financial institutions.
Additional Resources:
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry, driving innovation in payments,
processing services, risk and compliance, customer and channel
management, and business insights and optimization. For more
information, visit www.fiserv.com.
FISV-G
Media Relations:
Amanda S. McCracken
Public Relations
Manager
Fiserv, Inc.
678-375-3399
amanda.mccracken@fiserv.com
or
Additional
Fiserv Contact:
Wade Coleman
Director, Public Relations
Fiserv,
Inc.
678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
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