Resources Corporation (NASDAQ: ORCC), a leading provider of
financial technology services, announced today its new Mobile
Browser Bill Pay solution for businesses to respond to consumer
demand to view, pay and suppress their paper bill from the mobile phone.
ORCC's new mobile browser is a quick and easy add-on to the biller's
existing payment system, enabling their consumers to pay their bill with
just a few taps on their mobile device.
Increasing adoption of the smartphone, along with the explosion of apps
on the iPhone and Android are driving more and more consumers to use
their mobile devices to manage their lives. Given this ongoing shift
towards mobile, consumers are expecting to pay their bills anytime and
anywhere. With the growing use and familiarity with mobile devices,
consumers have come to expect an intuitive, convenient mobile payment
experience when they navigate the web from their mobile phone. When
viewing websites from their mobile phone, users quickly become
frustrated with how long it takes to pinch to zoom payment websites that
were created for desktop computers. ORCC's Mobile Browser Bill Pay
solution was designed with today's demanding mobile consumer in mind.
With ORCC's Mobile Browser Bill Pay solution, when the biller's payment
website is accessed from a mobile device, the browser solution detects
whether the user is accessing the payment website via a desktop computer
or a mobile device. If the latter, the customer is automatically routed
to the biller's new, mobile-optimized site. Customer satisfaction is
enhanced when the awkward navigation of pinching and zooming in on a
non-mobile website is eradicated and replaced with a mobile-friendly,
easy-to-use payment experience. Additionally, by providing their
consumers with an innovative mobile browser offering, billers reap the
benefits of a positive brand interaction with the consumer.
"In today's fast-paced, mult-device environment, consumers increasingly
expect to pay their bills through a variety of channels and through the
most convenient means," said Janie West, chief marketing officer of
ORCC. "Our new Mobile Browser Bill Pay helps billers deliver a great
customer experience. Now, combined with ORCC's other payment options,
billers can deliver a user-friendly solution that allows their customers
to better manage their bills through any payment channel, whether its
mobile, web, or telephone."
Mobile Browser Bill Pay makes it easy for billers to offer the
convenient payment options their consumers are demanding. Mobile Browser
Bill Pay integrates with Online Resources' other payment choices of Web,
IVR and CSR payments so consumers have a consistent payment history and
billers get one administrative tool, posting file, and bank deposit.
Mobile Browser Bill Pay assures security with PCI compliance, encrypted
data transmission and no financial or personal information stored on the
About Online Resources Corporation
Online Resources Corporation (NASDAQ: ORCC) powers financial
interactions between millions of consumers and the company's financial
institution and biller clients. Backed by its proprietary payments
gateway that links banks directly with billers, the company provides web
and phone-based financial services, electronic payments, and marketing
services to drive consumer adoption. Founded in 1989, ORCC is the
largest financial technology provider dedicated to the online channel.
For more information, visit www.orcc.com.
This news release contains forward-looking statements based on Online
Resources Corporation management's current expectations and beliefs and
a number of assumptions concerning future events made with information
that is currently available. The words "will," "would," "may," "should,"
"estimate," "project," "forecast," "intend," "expect," "believe,"
"target," "designed," "plan," and similar expressions are intended to
identify forward-looking statements. Readers are cautioned not to place
undue reliance on such forward-looking statements, which are not a
guarantee of any results or performance and are subject to a number of
known and unknown risks, uncertainties and other factors which could
cause actual performance or results to differ materially and adversely
from any results or performance expressed or implied by such
forward-looking statements. Certain factors that might cause such a
difference include, but are not limited to: a history of losses and
anticipation of future losses; potential fluctuations in operating
results; dependence on the marketing efforts of third parties; potential
loss of one or more material clients; potential need for additional
capital; potential inability to prevent systems failures and security
breaches; potential inability to expand certain services and products in
the event of a substantial increase in demand for such services and
products; competitive pressures; ability or inability to attract and
retain skilled personnel; reliance on patents and other intellectual
property; potential change in the rate of user adoption of certain
products and services; exposure to consolidation in the financial
services industry; and government regulatory developments. For a more
detailed description of the factors that could cause such differences,
readers are advised to review Online Resources Corporation's latest
filings with the Securities and Exchange Commission, including (but not
limited to) the information provided under the heading "Risk Factors" in
our latest Annual Report on Form 10-K (which filings are available,
among other places, from the SEC's EDGAR database at www.sec.gov
and via the Company's website at www.ORCC.com).
Online Resources assumes no obligation to, and expressly disclaims any
obligation to, update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
Online Resources, ORCC and the Online Resources logo are trademarks
of Online Resources Corp. Other company and product names and logos used
in this release are the trademarks of their respective owners.
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