News Release


For more information contact:
Rodney Poskochil, President
Bank Systems & eProducts Group
(402) 421-4299

For immediate release:
February 20, 2003












Fiserv Offers Electronic Bill Pay from iPay Technologies Financial Institutions Can Choose from 3 Levels of Payment Sophistication Brookfield, Wisconsin, February 20, 2003—Fiserv, Inc. announced that it has agreed to offer electronic bill-payment services from iPay Technologies, LLC to its financial institution clients.

        With iPay Technologies, financial institutions can choose from three different payment system alternatives so that even the smallest organization can offer its customers the ease of electronic bill payment. The iPay Technologies offerings include iBill Pay-e, an inexpensive, easy-to-use system that includes electronic payment availability to more than 3,500 merchants; Classic Bill Pay-e, a traditional Pay Anybody product offering the same features but with more functionality; and Bill Pay-e Plus, an advanced, feature-rich product with still more functionality. In addition, iPay Technologies recently introduced new person- to-person and intra-bank transfer capability in its new product lines.

        “iPay Technologies has exceeded our customers’ expectations,” said Neil Klusmann, Senior Vice President at $3.3 billion First Interstate BancSystem in Billings, Montana. “I can’t say enough about the flexibility, responsiveness and commitment to the customer this solution offers.”

        A turnkey, outsourced solution, iPay Technologies offers a secure administration site, a branded, interactive demonstration, online enrollment, disclosure posting, custom-recorded customer service line and more. iPay Technologies is designed to be used with any Internet banking system.

        “Our newly formed relationship with iPay Technologies allows financial institutions to provide an affordable and reliable electronic bill pay solution to their customers, while at the same time reducing the workload on their organization,” said Kim Killingsworth, eSolutions Senior Vice President. “At Fiserv, we like the idea of offering choices to our clients. With three different levels of payment sophistication, iPay Technologies obviously follows the same philosophy.”

        iPay Technologies is a privately held company based in Elizabethtown, Kentucky. iPay Technologies is considered to be a leader in providing high-quality, low-cost bill payment solutions to financial institutions of all sizes.

        Fiserv, Inc. (Nasdaq: FISV), an independent, full-service provider of integrated data processing and information management systems to the financial industry. As a leading technology resource, Fiserv serves more than 13,000 financial services providers worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies, mortgage banks and savings institutions. Headquartered in Brookfield, Wis., Fiserv can be found on the Internet at www.Fiserv.com.


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Chuck Doherty Dana A. Bowers
Corporate PR Director President and CEO
Fiserv, Inc. iPay Technologies, LLC
(262) 879-5966 (866) 851-4729




Fiserv, Corporate Headquarters, 255 Fiserv Drive, Brookfield, Wisconsin 53045 PH: 262-879-5000 Mailing Address: P.O. Box 979, Brookfield, Wisconsin 53008-0979 Internet: www.fiserv.com