Walmart Offering CheckFreePayTM Walk-in Bill Payment Service from Fiserv

August 25, 2009

BROOKFIELD, Wis., Aug 25, 2009 (BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that Walmart (NYSE: WMT) has implemented the CheckFreePayTM service from Fiserv, enabling customers to pay bills in person at all Walmart locations in the United States. Using the CheckFreePay service, customers can pay household bills, such as their utility, mobile phone, auto loan, insurance and credit card bills, at any one of the retailer's 3,755 domestic locations, including Walmart SuperCenters and Neighborhood Markets.

The CheckFreePay service from Fiserv gives customers the ability to pay bills from more than 2,500 companies. Payments can be made at the Walmart MoneyCenter or customer service desk using cash or a pin-based debit card. Standard payments are delivered to the biller within three business days, and NextDay payments are delivered to the biller on the next business day. A receipt is provided as assurance of payment.

"Walmart is continually searching for new ways to save our customers money and improve their daily lives," said Jane Thompson, president of Walmart Financial Services. "Already, customers look to our stores as a place to make everyday purchases at low prices. Offering our customers the convenience of walk-in bill payments at Walmart helps them simplify the management of their day-to-day finances."

Payments made using the CheckFreePay service are delivered electronically, which ensures a fast and secure transaction for Walmart customers. Payments flow quickly and seamlessly to the billing company via Fiserv's secure electronic payment network, which processes more than one billion transactions each year.

"The CheckFreePay service enables retailers to offer their customers an affordable walk-in bill payment option," said Paul Harrison, senior vice president and general manager, Walk-In Solutions, Fiserv. "It is our goal to provide a variety of convenient locations for consumers to pay their bills in person, and we are excited that Walmart is now part of our nationwide network of CheckFreePay agents."

CheckFreePay1 is a leader in the walk-in bill payment market, enabling consumers to pay more than 2,500 bills at more than 16,000 retail agent sites nationwide. CheckFreePay agents include supermarkets, drugstores and convenience stores, along with hundreds of independent and chain store retailers. CheckFreePay is a part of Fiserv, which is also a leading provider of Internet banking and bill payment and presentment services. For more information, visit www.checkfreepay.fiserv.com.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrates its 25th year in 2009. For more information, visit www.fiserv.com.

(FISV-G)

1 CheckFreePay Corporation of New York, a wholly-owned subsidiary of CheckFreePay Corporation, is Licensed as a Money Transmitter by the Banking Department of the State of New York.

SOURCE: Fiserv, Inc.

Media Relations:
Ann Cave
Senior Public Relations Manager
Electronic Banking Services
Fiserv, Inc.
678-375-4039
ann.cave@fiserv.com
or
Additional Media Contact:
Lori Stafford-Thomas
Assistant Vice President
Corporate Communications
Fiserv, Inc.
262-879-5130
lori.stafford@fiserv.com

Copyright Business Wire 2009