Jack Henry & Associates Inc. said an expanded processingrelationship with MasterCard Worldwide will help reduce the numberof paper checks its iPay Technologies division generates each monthto pay consumers' bills.
The Monett, Mo., financial services technology provider said itis making iPay's biller connections available to bill paymentoriginators who use MasterCard's RPPS bill pay network.
That will enable more than 1,500 local and regional billers –including utilities, lenders, telecommunications operators andmunicipalities – to receive payments electronically instead ofpaper checks, the companies said.
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