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Cyphermint Partners with American Payment Systems

Thursday 14 October 2004 23:18 CET | News

Cyphermint, has signed an agreement with American Payment Systems (APS), in which APS will provide electronic bill payment services for Cyphermints PayCash and Kiosk Integration Solutions.

APS bill pay services will be available on the PayCash One Stop, a self-serve, 24-hour kiosk with ATM capabilities among other retail kiosk projects from Cyphermint. The agreement will provide a cash alternative for consumers, who do not want to pay with money orders, credit cards or checks, to make bill payments. With a bill payment enabled kiosk, a consumer can walk into any participating supermarket or convenience store, insert cash in the kiosk and pay their bills quickly, securely and conveniently. Today APSs bill payment services are available in thousands of retail locations across the country, and Cyphermints bill payment enabled kiosks automate simple financial transactions. For supermarket and convenience store merchants, this provides a secure and efficient method for their customers to pay bills quickly and privately. In addition to cash, these kiosks also accept credit and debit cards for transactions other than bill payments. The kiosks display an on-screen opportunity for the merchant to market in-house promotions and will provide affiliate partners with eCommerce coupon advertising opportunities. These features provide merchants a quick return on their investment.


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