A large segment of the American bill paying public is made up of individuals that, for whatever reason, do not maintain a bank checking account. Nevertheless, we understand that there are still bills to pay, and those bills are not only from local creditors that can be visited and paid in person, but they are bills from creditors located elsewhere.
Now there is a solution!

Individuals without checking accounts represent a market in need of a solution. The Electronic Bill Payment solution meets the need by providing a way for everyone to pay all of their bills at one convenient location. It does not matter where the biller is located, our system can perform the transfer of funds from a cash paying customer to a biller or creditor easy and efficiently.

Typically, money orders are purchased to send payments by mail. Purchasing one money order for each bill payment can be a hassle. Instead of purchasing money orders, with this service an account can be established at a local pay station so that a customer can return to the location each time a bill needs to be paid. Or, once an account has been set up within the system, they can visit any of our pay station locations, anywhere in the country, to make a payment.

THE WALK-IN BILL PAYMENT MARKET

• Consumers in the United States pay roughly, 800 million bills in person each year.
• A portion of these walk-in-bill payments (250-300 million) are paid at offices maintained by utilities and other service providers.
• An additional 350-400 million payments are made each year at retailers that have been hired as agents by third party agent network companies such as Pay-N-Go.
• The in-house payment centers have been shrinking in number as more service providers outsource this function to companies like Pay-N-Go.
• Last year alone, over 1 billion money orders were sold nationwide mostly for one purpose – bill payments.
• Nearly 33 million households in the United States do not maintain a bank account for one reason or another.
• Our retail locations all report a major increase in foot traffic after introducing the Pay-All-Bills-Here program to their community.
• Check-free, a NASDAQ company recently acquired American Payment Systems (APS), a subsidiary of UIL Holdings Corp., a NYSE company for $110 million in cash. APS is a bill payment processor just like Pay-N-Go. APS has 8,000 retail locations but only processes for a couple of hundred utility companies that they contracted with. We have a truly unique program in the industry, in that we are the only Pay-All-Bills here program. We expect over the next 24 months to be processing in over 10,000 locations.