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ChoicePay Experiences Best Revenue and Transaction Month in Company’s History
Company exceeds previous best in August 2005 and achieves another record-setting month in October 2005.
Tulsa, OK, November 23, 2005 -- ChoicePay®, one of the nation's largest electronic bill payment providers, realized a thirty-three percent increase in payment transactions and a thirty-eight percent increase in gross revenue for the month ending October 2005, as compared to the same period in 2004. The company processes payments for some of the nation's largest utilities and municipalities serving more than 16 million households.
"As a direct result of working more closely with our existing clients and their employees, we realized record setting organic growth levels," said Greg Adelson, President and COO. "The adoption and general understanding of electronic bill payment is becoming more prevalent, thus creating tremendous opportunities to increase historical penetration rates and drive transaction growth with existing clients."
In addition to experiencing record revenue and transaction results in October, ChoicePay installed new ChoicePay Xpress® Kiosk machines in Tulsa, Oklahoma. With the introduction of these NCR-manufactured machines, ChoicePay will provide improved service and feature functionality to the underserved and unbanked consumers who prefer to pay bills with cash.
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© 2007 ChoicePay, Inc. All Rights Reserved. Site Map PRIVACY2448 E. 81st Street, Suite 3700, Tulsa, Oklahoma 74137 |
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