iPay Technologies Announces eBill Services

ELIZABETHTOWN, KY, Nov 02 (MARKET WIRE) --
iPay Technologies (http://www.ipaytechnologies.com), the nation's leading
provider of online bill payment solutions and service to more than 3,600
financial institutions, will begin offering eBill service to its clients
next quarter. iPay's eBill platform joins its proprietary biller network,
iPayNet, with data from CashEdge's AllData(R) Aggregation Service and
other proprietary sources to offer bill presentment and payment services
to its financial institution customers. The eBill service platform will
involve more than 3,600 billers, including the nation's top credit card
companies, phone carriers and utilities.

CashEdge (http://www.cashedge.com) is the leading provider of Intelligent
Money Movement solutions for financial institutions. CashEdge will provide
its industry-leading financial aggregation technology, AllData(R), to
enable iPay to aggregate data from billers, so that it can be presented
within the electronic bill pay application. CashEdge's aggregation
services, which provide the widest and deepest aggregation coverage
available in the industry, are highly secure and have set the industry
standard for aggregation security and privacy.

"Bill presentment and payment is another service that helps financial
institutions attract, retain and grow their most profitable customers,"
said Bill Ready, president of iPay Technologies. "We are happy to partner
with CashEdge to deliver a robust and easy to use service for our
customers."

iPay's eBill service will beta during fourth quarter and will be available
to all financial institution customers in the first and second quarter of
2010.

About iPay Technologies

iPay Technologies provides online bill payment solutions and unmatched
service to more banks and credit unions than any other bill payment
provider. That includes more than half of the nation's credit unions and
nearly 40 percent of the nation's community banks that use bill payment
software. iPay's turnkey online bill payment solutions help financial
institutions to attract, retain and grow their most profitable customers.
iPay was ranked a top performer among bill pay processors by Aite Group in
their 2009 industry impact report. Co-founder Dana Bowers is a regional
2009 Ernst & Young Entrepreneur of the Year. Additional information is
available at http://www.ipaytechnologies.com.

About CashEdge

CashEdge is the leader in Intelligent Money Movement(TM) services
providing innovative payment solutions to financial institutions for
their retail and small business banking customers. CashEdge's services
include mobile and online person-to-person (P2P) payments and small
business payments. CashEdge currently serves hundreds of leading
financial institutions, including seven of the ten largest banks in the
country.

CashEdge's industry leading products include POPmoney(TM) for
person-to-person payments; OpenNow(R)/FundNow(R) for new account opening
and funding; TransferNow(R) for Consumers, which includes Me-to-Me
Transfers and Third Party Transfers; and TransferNow(R) for Small
Businesses, which includes Invoicing, Me-to-Me Transfers, Employee
Payments and Vendor Payments. All CashEdge products are supported by
industry-leading risk management capabilities that leverage proprietary
technology to help financial institutions mitigate risk and decrease fraud
exposure.

The Company is headquartered in New York with offices in Silicon Valley
and India. For more information, visit www.cashedge.com.

For information contact:
Clarus Communications

Mara Conklin
847-816-9411
Email Contact

Linda Muskin
847-432-7300
Email Contact

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