Global Payments' DolEx Deploys Online Resources' Bill Payment Services

Online Resources Corporation, a leading provider of web-based financial services, announced that it has entered into a multi-year agreement with DolEx Dollar Express, Inc. (“DolEx”), a subsidiary of Global Payments Inc., for bill payment services.

DolEx, one of the largest money transfer companies in the United States, operates 785 locations in the U.S. and has settlement arrangements with thousands of banks, exchange houses and retail locations. Through these branches, DolEx provides money remittance services to unbanked and cash-preferred consumer segments.

Online Resources enables DolEx to offer its customers electronic payment services that combine the convenience of walk-up cash remittance with timely payments to a wide distribution network of billers. Three tiers of electronic bill payment services are currently available:

1) Expedited payments, with guaranteed same-day posting to billers in Online Resources’ extensive network;
2) Next day guaranteed payments to Online Resources’ biller network; and
3) Standard online bill pay to virtually any payee in the United States.

“Together with Online Resources, we are enhancing a key service that will help our customers to more easily enter one part of the financial mainstream: fast and convenient electronic bill payments,” said Matt Thomas, vice president of Payment Services at DolEx. “During these economic times, we are proud to offer our broad customer base the peace of mind that they can make last-minute payments through their trusted neighborhood branch.”

“We look forward to leveraging our expansive biller network with DolEx’s own network of money transfer locations to bring faster, more accurate electronic bill payment services to a wider range of consumers,” said Robert Craig, executive vice president and general manager of Online Resources’ eCommerce Services. “We are pleased to provide value-added payment services that meet the needs of DolEx’s growing base of unbanked and underbanked consumers.”

Global Payments Inc. (NYSE:GPN) is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies, gaming establishments and multi-national corporations located throughout the United States, Canada, Latin America, Europe and the Asia-Pacific region. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco, and the Philippines.

Online Resources powers web-based financial services for thousands of financial institutions, billers and credit service providers. Its proprietary suite of account presentation and payment services are branded to its clients, and augmented by marketing services to drive consumer and business end-user adoption. The Company serves over 10 million end-users and processes $100 billion in bill payments annually. Founded in 1989, Online Resources (Nasdaq: ORCC)  is recognized as one of the nation’s fastest growing companies.