Walmart Becomes Authorized Payment Location for Leading California Utilities Through CheckFreePay From Fiserv

October 12, 2011

  • Walmart is now an authorized walk-in bill payment center for Pacific Gas & Electric Company, San Diego Gas & Electric and Southern California Gas Company
  • Customers can make payments to these utilities without a convenience fee
  • Payments to these utilities are delivered on the same business day

BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Walmart (NYSE: WMT) is expanding its offer of the CheckFreePay® walk-in bill payment service from Fiserv to become an authorized walk-in bill payment center for multiple leading California utilities. Customers can now visit a Walmart store to pay a bill from Pacific Gas & Electric Company (PG&E), San Diego Gas & Electric (SDG&E) and Southern California Gas Company (SoCalGas).

Walmart is an authorized payment center for PG&E, SDG&E and SoCalGas meaning customers can pay bills from these companies without incurring a convenience fee. To pay a bill, customers should bring their bill stub to a participating Walmart MoneyCenter or customer service desk. Payments can be made using cash or a PIN-based debit card. Payments are processed through the CheckFreePay bill payment service from Fiserv offered by Walmart, and are sent electronically to the utility on the same business day.

Walmart already offers customers the ability to pay more than 2,500 bills using CheckFreePay. In most cases, customers can choose from either next business day or three business day delivery options.

"Consumers appreciate the convenience of paying bills at Walmart, while making everyday purchases," said Jardon Bouska, division president, Biller Solutions, Fiserv. "Walmart's new service helps thousands of Californians who prefer to make cash payments in person, and facilitates quick and easy payments."

The PG&E service territory represents Northern California. It extends from Eureka in the North to Bakersfield in the South and from the Pacific Ocean to the Sierra Nevada. SDG&E services customers in San Diego and southern Orange counties. The service territory for SoCalGas encompasses Central and Southern California, from Visalia to the Mexican border.

Fiserv is the largest processor of walk-in payments in the U.S., enabling consumers to pay more than 2,500 bills at more than 20,000 retail locations nationwide. CheckFreePay agents include supermarkets, drugstores and convenience stores, along with hundreds of independent and chain store retailers. The secure electronic payments network from Fiserv processes more than one billion transactions annually, and also leverages partnerships with more than 3,100 financial institutions.

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About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry. Fiserv is driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For six of the past eight years, Fiserv ranked No. 1 on the FinTech 100, an annual international listing of the top technology providers to the financial services industry. For more information, visit www.fiserv.com.

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Media Relations:
Wade Coleman
Director, Public Relations
Fiserv, Inc.
678-375-1210
wade.coleman@fiserv.com
or
Additional Fiserv Contact:
Lisa Vicory
Senior Marketing Communications
Biller Solutions
Fiserv, Inc.
203-679-4584
lisa.vicory@fiserv.com

Source: Fiserv, Inc.

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