VocaLink Launches MyBillsOnline Service for Billers and Their Customers

By Vocalink, PRNE
Wednesday, January 27, 2010

Service Enables Consumers to View Their Bills Through a Single Online Portal

LONDON, January 28 - VocaLink, the international payment transaction specialist,
today announced that it has launched a new online portal, MyBillsOnline,
which enables consumers to view their bills and statements in one place
regardless of which financial institution they bank with. The launch of the
new service follows VocaLink's recent announcement that it has bought out its
joint venture partner, Fiserv, to become the sole owner of OneVu, the
consolidated electronic bill and data presentment service.

The OneVu service already operates through major banks, such
as Lloyds Banking Group and the Royal Bank of Scotland, and the launch of
MyBillsOnline will enable billers to further increase consumer adoption of
their own electronic billing services. Electronic billing extends customer
choice, boosts cash flow and helps enhance corporate image. For the consumer,
MyBillsOnline will allow users to effectively manage their finances online by
viewing, tracking and managing their bills from one secure site.

Fred Bar, Managing Director for Euro Services comments,
"VocaLink's new MyBillsOnline service supports our customers' desire to view
and manage all their bills in one secure place. We believe that the addition
of MyBillsOnline will help billers to serve customers better, strengthen
existing relationships and enable them to enjoy the benefits associated with
billing their customers electronically."

About VocaLink

VocaLink is a specialist provider of transaction services to banks, their
corporate customers and Government departments. It processes domestic and
international automated payments and provides ATM switching solutions. On a
peak day, the VocaLink automated payment platform processes over 90 million
transactions and over half a billion in a month. Its switching platform
connects the world's busiest network of over 64,000 ATMs. Its Real-Time
Payments platform provides the central infrastructure for the UK Faster
Payments Service. VocaLink is working with BGC (Bankgirocentralen), to
provide outsourced processing for the majority of Sweden's domestic payments.

Having pioneered electronic payments over 40 years ago, many of the
world's top banks and their corporate customers have grown to rely on
VocaLink to meet their transaction needs. Its processing services offer banks
reach throughout the Single Euro Payments Area (SEPA) and beyond; and are
complemented by value-added services that leverage industry expertise and
technical capabilities.

VocaLink collaborates with the Centre for Economics and Business Research
(CEBR) to produce a monthly index tracking take-home pay inflation in the UK.
It is compiled from the salary payments of a sample of FTSE 350 companies.
The VocaLink Take Home Pay Index is used by economists, analysts and the
media. Pay inflation is an important aspect of the UK's economic performance
and is one of the components that drive the Monetary Policy Committee's
monthly interest rate decision.

Please visit www.vocalink.com for more information

Notes to Editors: For further information, please contact: Suzanne Hewitt, Hotwire, +44(0)20-7608-2500 or vocalinkuk at hotwirepr.com, Deborah Souter, VocaLink Limited, +44(0)870-920-8651 or deborah.souter at VocaLink.com

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