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Paytrust.com Delivers OnMoney.com Bill Center; First Co-branded Bill Payment and Delivery Center Powered by Paytrust.com

Business Wire, Feb 8, 2000

Business Editors/High-Tech Writers

PRINCETON, N.J.--(BUSINESS WIRE)--Feb. 8, 2000

Paytrust.com(TM), the service that lets consumers receive, review, pay and organize all of their bills online, announced today that they have delivered a co-branded Bill Center for OnMoney.com. OnMoney.com is the first Web destination to bring together content and financial planning with account consolidation in one easy-to-use location, and the &uot;Powered by Paytrust(TM)&uot; OnMoney.com Bill Center extends the site's offerings to include comprehensive bill delivery and management. The service is live and available at http://www.onmoney.com/banking/billpay

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&uot;Of all the other online bill payment services, none offered the complete end-to-end service of Paytrust.com,&uot; said Vince Passione, CEO of OnMoney.com. &uot;Paytrust.com seamlessly integrated the Bill Center into OnMoney's site in just a few weeks time and we are quite pleased with the results. The OnMoney.com Bill Center was ready to go when we launched January 30th.&uot;

The Paytrust Bill Center is designed to easily integrate with partner Web sites to extend their offerings with a complete consumer bill delivery, management and payment solution. Because of the Bill Center's flexible architecture, it can be rapidly modified to conform to a partner site's user interface and style guides. An integrated Bill Center enables a broad spectrum of potential Paytrust partners to deliver to their customers the ultimate in personalized content--their bills.

&uot;Paytrust.com is eager to provide additional points of presence for the Bill Center online to support financial institutions, portals and other lifestyle destinations,&uot; said John Yapaola, Executive Vice President of Business Development for Paytrust.com. &uot;We look to partner with premier, established organizations and innovative, new consumer services like OnMoney.com. With our expert team of designers, software engineers, and customer service agents, we can rapidly integrate and launch a co-branded Bill Center.&uot;

A Paytrust Bill Center builds strong affinity, encourages repeat traffic, and delivers superior 24/7 customer support. By providing this compelling service to consumers, the partner benefits from recurring subscription revenues and immediately increases the &uot;stickiness&uot; of their site. For example, Media Metrix reports that only 26% of online banking customers visit their sites 3 or more times a month, while the Paytrust Bill Center has typically seen 99% of its subscribers return 3 or more times a month.

Using its patent-pending bill management technology, the Paytrust Bill Center is compatible with any biller and any bank, and can accommodate both paper and electronic bills to deliver complete, consumer-focused electronic bill presentment and payment (EBPP). Customers have quick and easy access through the OnMoney.com Bill Center to view and pay all of their bills anytime, anywhere. As an added incentive to try the service, OnMoney.com consumers can enroll for a FREE three-month trial period. Following the trial, subscribers simply pay a low monthly fee of just $8.95.

About Paytrust.com

Paytrust.com is the flagship service of Secure Commerce Services Inc., a privately held company based in Princeton, New Jersey. Founded in October 1998, the company is financially backed by investors including American Express, AT& Ventures, GE Equity, SOFTBANK Venture Capital, and Spectrum Equity Investors. More information on the company can be found on its Web site located at http://www.paytrust.com or by calling 1-877-PAYTRUST. Business development inquiries should be directed to businessdev@paytrust.com

About OnMoney.com

OnMoney.com was founded in White Plains, New York, in 1998 as the first objective resource that relieves consumers of the frustration associated with managing their money. Their interactive environment helps individuals and families manage their personal finances through easy-to-use account consolidation and customized educational information and planning tools, while their planning and shopping centers allow users to easily find and purchase products best suited to their needs. Their user-friendly features and jargon-free language appeal to everyone, regardless of their financial management sophistication. They provide a private, secure environment that complies with the standards of the Council of Better Business Bureaus' BBBOnLine Privacy Program. OnMoney.com operates independently and was launched with initial venture capital support from Ameritrade Holding Corporation. More information on the company can be found on its Web site located at http://www.onmoney.com.

Paytrust, Paytrust.com and SmartBalance are trademarks of Secure Commerce Services, Inc.

Business Services Industry

Paytrust.com Delivers OnMoney.com Bill Center; First Co-branded Bill Payment and Delivery Center Powered by Paytrust.com

Business Wire, Feb 8, 2000

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