SIS to Offer Online Bill Pay Through FISC Solutions

FISC's online bill pay solution allows Sanford Institution for Savings the opportunity to offer multiple payment options to their loan customers.

Lewiston, ME, April 03, 2009 --(PR.com)-- FISC Solutions recently signed contracts with Sanford Institution for Savings (SIS) to provide online bill payment for their customer network located throughout southern Maine.

According to the 2008 Consumer Banking and Bill Payment Survey, over 63 million online households are now regularly using online bill paying services; up from 61 million last year. Internet-using households pay an average of 11 bills per month and of these, 42% are paid online. As more customers opt to pay bills electronically through online sources, the pressure for banks and billers to offer more payment options is growing.

FISC's online bill pay solution, FISCpay, allows SIS the opportunity to offer multiple payment options to their loan customers including web payments through credit and debit cards and direct ACH debits from checking and savings accounts. "Our customers want the flexibility of banking on their own time, 24/7," said Mark Mickeriz, SIS bank president. "We are always working to make our customers lives easier, that's why we offer free online bill pay as well as mobile banking and many other online services."

"Online bill pay is something the majority of consumers now demand from their loan relationships," said FISC Director of Sales John Peffer. "With FISCpay SIS can offer online payment options to non-deposit customers that are looking for convenience."

FISC Solutions has provided check and statement processing service for SIS since 2001 and began offering electronic bill payment and presentment for clients in 2007.

About SIS
SIS is headquartered in downtown Sanford with branches located in Springvale, South Sanford, Limerick, Buxton, Waterboro, Wells and York. The Bank can be reached at 1-888 BANK SIS (226-5747).

About FISC
Headquartered in Lewiston, Maine with offices in Portsmouth, New Hampshire, FISC has provided services and solutions to financial institutions, corporations and non-profits for more than 30 years. The company designs and implements full-service outsourcing solutions that make the operations of financial, insurance, government, not-for-profit, and other organizations more efficient and more affordable. FISC's core services include item processing and electronic clearing, software solutions, loan servicing, lockbox and disaster recovery services. In addition, FISC offers comprehensive statement and invoice printing, delivery, design and management. For more information call 1.888.433.4924.

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Contact
FISC Solutions
Jenny Caron
888-433-4924 ext 2111
www.fiscsolutions.com
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