BILL.L Regulatory News (BILL)

12 Mar 2007 07:04

Billing Services Group Limited12 March 2007 NEWS RELEASE Contacts:Erin GilmoreBlanc & Otus Public Relations - US media relations+1 512 466 4559ebgilmore@blancandotus.com Julian WalkerThe Hogarth Partnership - Investor relations+44 (0)20 7645 3988jwalker@hogarthpr.co.uk BSG Launches New Advanced Payment Gateway Product Suite A New Revenue Optimization Solution for Online Merchants of Digital Content SAN ANTONIO, TEXAS - March 12, 2007 - BSG Clearing Solutions (BSG), the leadingprovider of clearing and settlement solutions for telecom and online merchants,today announced the availability of its Advanced Payment Gateway - a combinationof three core integrated services: credit card payment processing,Bill2Phone(TM) alternative payments and integrated risk management services. Thenew Advanced Payment Gateway (APG(TM)) suite offers online merchants all themeans of revenue optimization by expanding consumer reach through Bill2Phone(TM)and maximizing all electronic payment approvals through advanced risk managementservices. Each service is available individually or in any combination ofservices that meets the merchant's needs. The APG(TM) suite of services marks the company's transition from traditionalthird party billing to a leading provider of payment services for digitalcontent providers - One Provider, Multiple Payment Options. APG(TM) providesecommerce and telco merchants with a single point of integration across multiplecredit card acquiring relationships and over 1,400 network operators. Bill2Phone(TM) offers new demographic to increase sales:The newest service under the APG(TM) umbrella is Bill2Phone(TM), a real-timepayment solution that offers online merchants and content aggregators theability to offer consumers an alternative payment option when buying digitalcontent online - bill to their existing local phone bill. As the industry'slargest clearinghouse, BSG worked directly with the local exchange carriers(LECs) for 2 years on the topic of digital content billing to enable thedevelopment of the most efficient and secure phone bill offering possible.Combined with BSG's credit card processing services, APG(TM) gives onlinemerchants the industry's most flexible and secure, revenue optimized billingoptions. Risk Management Services reduce fraud and maximizes positive payments:A critical component of BSG's revenue optimization solutions is the RiskManagement Service that is fully integrated into APG(TM). BSG's Risk ManagementService is a one-of-a-kind offering that combines leading edge technology,identity validation, and proprietary data utilization that are all preciselytuned by a dedicated analytics team. This customizable risk management systemincorporates a powerful anti-fraud arsenal that includes: consumer validation,sophisticated business rules, rules weighting, velocity tracking, IPgeo-location, and neural scoring. Credit Card Payment Processing with enhanced merchant features:While the trend of paying via a telephone bill will continue to increase overthe next several years, credit cards remain the most used form of payment foronline content. The integration of BSG's credit card processing platform intothe suite of APG(TM) services led to an expansion of merchants' features andfunctionality that includes: Virtual Terminal, Recurring Payments, and expandedtransaction lifecycle management. BSG has also expanded its acquiring bankportfolio, further diversifying the companies acquiring solutions whileproviding merchants with more flexibility. Shared services increases merchant visibility into their transactions regardlessof payment type: Beyond the multiple payment options with integrated risk management services, APG(TM) also includes a suite of functionality to enhancepayments reporting and provide visibility to multiple transaction types. These services include: •WebTrack(TM) Reporting: Includes reports for full transaction life cycle management and settlement positions to properly manage the merchant's business •Real-Time and Batch Interfaces: Common unified interfaces between all payment types in near real-time or batch. APIs are available for recurring billing or single transactions •Virtual Terminal: Allows merchants to enter or modify a single transaction on behalf of the user •Recurring Payments: Allows merchants to set up a recurring charge for a consumer with expansive payment options "Expanding from our established relationships with more than 1,400 LECs and over20 years of payment processing expertise, we've developed a unique AdvancedPayment Gateway suite that offers the safest, most comprehensive payment optionsavailable for online digital content merchants today," said Greg Carter,President of BSG Clearing Solutions North America, LLC. "Merchants now have asingle source payment provider that packages electronic payments, risk services,data mining, and industry expertise that will increase revenue for ourcustomers." About BSG Clearing SolutionsBSG Clearing Solutions is a leading global provider of clearing and settlement,payment services, and financial risk management solutions for communicationsservice providers. The company processes over 20 billion transactions annuallyfor 750 of the world's largest communications companies throughout NorthAmerica, Europe and Asia. With a ubiquitous, scalable platform and an extensiveportfolio of clearinghouse services for fixed-line, wireless, Wi-Fi, andbroadband networks, BSG monetizes network transactions by facilitating thefinancial exchange of its customers' services. BSG meets the needs of today'scomplex network interconnections and anticipates the requirements of convergingtechnologies, allowing for rapid and reliable deployment. BSG Clearing Solutionsis an operating subsidiary of Billing Services Group Limited, which is publiclytraded on the London Stock Exchange (AIM) under the ticker symbol BILL. For moreinformation, visit www.bsgclearing.com. 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