PR - Online Resources & Postilion Renew BillPay Agreement

Online Resources Corporation (Nasdaq: ORCC), a leading provider of Web-based financial services, today announced that it has renewed a multi-year reseller agreement with Postilion, a leader in software solutions for self-service banking and payments and a division of S1 Corporation (Nasdaq: SONE), for bill payment services. Under the agreement, Online Resources will be presented as a bill payment vendor of choice to clients using Postilion Retail Internet Banking.

Online Resources has partnered with Postilion for more than eight years to deliver its industry-leading bill payment services to Postilion RetailInternet Banking clients. Those clients that choose Online Resources for bill payment will now benefit from the company’s Biller Network and Real-Time Digital Scanline (RTDS) technologies, which together generate the highest electronic and lowest claims rates in the industry.

“As a trusted partner, we are pleased to continue our relationship with Online Resources to offer our clients a best-of-breed bill payment service,” said Pierre Naude, General Manager of Postilion, Americas. “Their extensive payment network, RTDS technology and seamless integration make Online Resources’ billpay service an excellent complement to our enhanced online banking service.”

“Financial institutions choose Postilion Retail Internet Banking when they want to provide their consumers an outstanding online experience, and we are pleased to be an integral part of that equation,” stated Stephanie Chaufournier, Online Resources’ Executive Vice President and General Manager for Banking Payment Services. “Through our continued partnership, we look forward to delivering Postilion clients high quality bill payment services that will help them enhance their consumer relationships and maximize the value of their Internet channel.”