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Demonstrates Ongoing Commitment to Eco-Friendly, Business-Driven Billing Practices

Jamesburg, New Jersey, June 21, 2011 – In order to provide businesses with flexible and environmentally-friendly billing options, Billtrust, the leading outsourced billing service provider, today announced the release of OBP Mobile Edition, its newest Online Billing & Payment (OBP) software.

OBP Mobile gives businesses the ability to deliver their bills via smartphones and other mobile devices, allowing consumers to receive and pay bills on-the-go. With OBP Mobile, consumers have full accessibility to their accounts on their mobile devices including the ability to view bills, enroll accounts, make payments, check payment history, and setup auto-payment rules. This latest software release allows Billtrust customers to offer environmentally-friendly billing options that increase customer convenience and ultimately business value.

“Consumers want convenience in every aspect of their lives and we are helping our customers deliver that in the billing process,” said Billtrust CEO Flint Lane. “Enabling mobile billing capabilities makes it easier for consumers to view and pay their bills, resulting in faster payments and lower costs for our customers–all while promoting eco-friendly electronic billing. This isn’t technology for technology sake, its technology to drive business value. This is another example of what we call Billing Wellness.” “We are always looking to offer services to our customers that make it easier for them to do business with us,” said Regina Farmer, Director of Customer Relations at Los Angeles Newspaper Group. “We are delighted that our customers can now use their mobile devices to support the billing process.”

Electronic Bill Presentment and Payment (EBPP) is the fastest growing channel of bill delivery/payment in the Business-to-Consumer (B2C) market. It is a critical component of Billtrust’s efforts to help its customers achieve greater business value. Through this and other business-focused billing innovations, Billtrust helps companies decrease costs and increase efficiency, while achieving a healthier state of billing – known as Billing Wellness. To help raise awareness of this strategic approach to billing, Billtrust recently launched, a website designed to provide tips and tools for finance executives. As a PCI Level 1 Compliant and SAS 70 Certified provider, Billtrust ensures that their customers can offer the highest level of security in bill presentment and payment. OBP mobile is also extremely flexible. The page automatically resizes to fit Android, iPhone and Blackberry screens providing increased compatibility and ease of use across device brands and platforms.

About Billtrust

Headquartered in Hamilton New Jersey, Billtrust is the premier provider of automated invoice-to-cash solutions. Billtrust integrates three key areas of the invoice-to-cash process: presentment, payment, and cash application, helping its clients connect with their customers and cash while strengthening their revenue and cash flow. Working with more than 1,200 North American businesses across B2B and B2C markets, Billtrust’s comprehensive offerings help its clients solidify customer relationships, increase productivity, improve cash flow, and seamlessly migrate to electronic channels.

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