Company: Transaction Management LLC
Product: "Pay All Bills Here" Self-service kiosk technology

According to electronic payments solutions provider Transaction Management LLC, a study done by Celent showed that 24.1% of U.S. households do not maintain a bank account.

Without a checkbook or online banking account, when it comes time to pay bills, those "unbanked" consumers are spending a considerable amount of time running around taking care of business. But the company's "Pay All Bills Here" kiosk is designed to eliminate much of that footwork for them.

The system involves a self-service terminal similar in appearance to an ATM. Customers of retail locations including check-cashing outlets or grocery and convenience stores can use the terminals to pay bills for local and national service providers such as utility companies and cellular providers.

"Pay All Bills Here" enables merchants to act as payment agents for walk-in customers, who can pay any or all of their bills at the merchant location. There are currently more than 3,000 billers accepting payments through "Pay All Bills Here" kiosks. If a biller is not in the network, the terminal allows the users to enter biller information at the kiosk to complete bill payment.

The system runs on a Web-based tool called EmpaSys, an electronic bill payment solution offered by Security Bank in Ralls, Texas.

Along with the convenient bill payment options the system provides, there are several additional services offered, including the issuance of pre-paid Visa cards, long distance and cellular PIN codes and wireless Internet access.

Transaction Management rolled out the kiosks beginning November 2004 and has orders to place more than 8,000 of the terminals in retail locations throughout the United States and Puerto Rico, including grocery, convenience, pack and mail and check cashing facilities; travel centers, pawn shops and apartment complexes have also placed orders.

Transaction Management markets its solutions through channel partners and referral agents. Its electronic payment solutions improve merchants' abilities to increase their walk-in traffic, revenues and include a variety of payment options.

Transaction Management LLC
2331 Gravel Dr.
Fort Worth, TX 76118
1-866-367-2797
www.transactionmgmt.com