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Transaction Management and Food Lion Announce Pilot of Walk-In Bill Payment Service
The “Pay All Bills Here” service will add an additional customer service component, which is geared to the un-banked population, within the Errand Centers of Food Lion and Bloom stores.
FORT WORTH, TX and SALISBURY, NC (PRWEB) May 27, 2004 -- Transaction Management, LLC (TMLLC) and Food Lion LLC (NYSE: DEG) today announced the launch of a pilot service that will allow grocery customers to pay their bills with cash at the newly created customer service counters and “Errand Centers” inside Food Lion and Bloom stores. The pilot of the service, called “Pay All Bills Here,” will begin during the late second quarter of 2004 and ultimately will involve at least 50 Food Lion and Bloom supermarket locations in the Charlotte, N.C. area.
"It has been estimated that more than 25 million wage earners in the United States operate without bank accounts. Obviously, traditional bill payment providers have focused on servicing banked customers, and have largely ignored the growing population of the un-banked. Our goal is to make bill payments easier – in a one-stop shop environment – for those households, who have, in the past, been forced to go one place to buy money orders, then another to mail them, and then hope that the payments get posted to their account in a timely manner,” said Larry Scudder, Chief Executive Officer of TMLLC. “We cut through the red tape to the billers, and as a result, save the customer time and effort in getting their bills paid."
“In both our Food Lion and Bloom stores, we want to provide a convenient shopping experience,” said Diane Medlin, Manager of Front End Services. “We believe the ‘Pay All Bills Here’ service will be a great help to our customers. We are excited to offer the service.”
The un-banked U.S. population represents a market in need of a solution. TMLLC offers the solution for this significant segment of the population via the web-based tool EmpaSys “Pay All Bills Here” (www.payallbillshere.com and www.empasys.com), an electronic bill payment solution from Vista Bank, Ralls, Texas, available to merchants worldwide. This platform enables a merchant to act as a payment agent, allowing their walk-in customers to pay any or all of their bills at the merchant's locations. EmpaSys facilitates the transfer of funds from a cash paying customer to a biller or creditor conveniently and securely using the Internet.
The “Pay All Bills Here” service currently allows electronic payments to more than 2500 billers nationwide, with new billers being added weekly. However, unlike similar services, billers can be paid even if they are not supported as an electronic biller.
About Transaction Management LLC
Founded in February 2003, the entire team at TMLLC operates with almost sixty years of combined experience in the technology and electronic payments industries. EmpaSys “Pay All Bills Here” has become the industry's choice for providing electronic bill payment products and transaction services to the marketplace.
At present, the company markets its electronic commercial banking and bill payment services through its channel partners and referral agents. These services, along with the many other electronic payment processes that the company provides, enhance merchant's ability to increase their walk-in traffic, increase their revenues, and accept payments anytime, anywhere and in any fashion. On the Net: Transaction Management site: http://www.transactionmgmt.com
About Food Lion LLC
Food Lion LLC is a subsidiary of Delhaize America, the U.S. division of Brussels-based Delhaize Group (NYSE: DEG). Food Lion operates more than 1,200 stores, under the Food Lion, Reid’s and Bloom names. The company employs approximately 73,000 associates delivering quality products, low prices and service to customers in 11 Southeast and Mid-Atlantic states.
This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third party suppliers. Specifications are subject to change without notice.
Copyright Notice: Copyright © 2003-2008 Transaction Management LLC. All rights reserved. All company names and product names may be trademarks or registered trademarks of their respective companies or owners.
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