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BillMatrix Briefs Kansas Corporation
Commission
The Payment Experts™ Continue
Sharing Expertise with State Regulatory Agencies
DALLAS, Texas – April 16, 2004 – BillMatrix Corporation,
a provider of outsourced telephone- and Internet-based payment
services today briefed the Kansas Corporation Commission (KCC)
on the use of credit cards, ATM/debit cards, electronic checks
and recurring transactions for bill payment. Requested to
appear at a meeting in support of a Commission-initiated public
docket, the regulatory agency called upon the company’s
decade-long expertise in providing such services to utilities,
telecommunications, insurance, mortgage and financial services
firms nationwide. This was the third such request by a state
regulatory body, with the Rhode Island and the New Hampshire
Public Utilities Commissions having been briefed by the company
in March 2004 and November 2003 respectively.
BillMatrix reviewed the regulations, industry best practices
and consumer adoption trends surrounding all types of electronic
payment methods with the Kansas Corporation Commission staff.
The KCC regulates five cornerstone industries in the Kansas
economy. The Commission has the responsibility of ensuring
that natural gas, electricity, telephone and transportation
vendors provide safe, adequate and reliable services at reasonable
rates. The Commission also has the mandate of assuring that
oil and gas producers protect correlative rights and environmental
resources.
Jerry Portocalis, BillMatrix’ senior vice president
of sales and marketing, made the presentation and answered
a wide range of questions from the meeting attendees on electronic
payment methods commonly used in the utilities and telecommunications
industries. “We are dedicated to bringing convenient,
secure and reliable electronic payment methods to consumers
through their electric, gas and telephone service providers.
Sharing our industry expertise with these regulatory agencies
ensures that each participant in the process – the biller,
the consumer and the commission members – understands
the benefits of this service.”
About BillMatrix Corporation
BillMatrix Corporation provides outsourced payment services
for the nation’s largest companies using the latest
automated consumer interface technologies. Founded in 1994
and headquartered in Dallas, BillMatrix works with corporations
in the telecommunications, utility, insurance, mortgage and
financial services industries to replace expensive, paper-based
methods of remittance with a set of convenient, labor- and
cost-saving electronic transactions. Consumers are able to
make payments in a private and secure manner, via the Internet
and telephone, using a variety of credit card, ATM/debit card,
and electronic check payment options. BillMatrix maintains
a fully staffed customer service organization to support both
its clients and their consumers with any payment issues. For
more information, visit www.BillMatrix.com or call (800) 596-0221.
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