The One-Stop Bill Pay Kiosk Network

March 23, 2007 The power of consumer demand for convenience is driving innovation and automated kiosks become smarter by the day as they are the most cost-effective way to meet a customer in a convenient location – where they live, work and shop. The newly created ChoicePay kiosk is likely to proliferate quite quickly, as it aims to hook together hundreds of national and regional billers to create a network of self-service bill payment kiosks to be placed primarily in payment centers, convenience stores and supermarkets. The product of a partnership with Source Technologies which will integrate the ChoicePay multi-biller, bill payment functionality into the CONCOURSE line of self-service kiosks, to enable bill payment for cash paying consumers across America. Billers that support walk-up payments for cash-preferred customers can reduce the cost associated with processing attended payments, which can average US$1.501 or more per transaction.

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