Fidelity National Information Services and Official Payments Enter Into Agreement to Expedite Government Payments

Feb 07, 2006, 00:00 ET from Fidelity National Information Services

    JACKSONVILLE, Fla., Feb. 7 /PRNewswire-FirstCall/ -- Fidelity National
 Information Services (NYSE:   FIS), formerly known as Certegy, today announced a
 three-year exclusive agreement with Official Payments Corp.(R), a subsidiary
 of Tier Technologies (Nasdaq:   TIERE) of Reston, Virginia, to issue Visa(R)
 prepaid debit cards.
     Through its relationships with federal, state and local government
 entities, Official Payments Corp. facilitates payments between individuals and
 governments using comprehensive technology solutions.  Under the terms of the
 agreement, Certegy will provide Official Payments with Visa-branded prepaid
 debit products as part of an initiative to convert government disbursements to
 electronic prepaid card solutions.  The relationship will initially focus on
 the conversion of child support disbursements, expanding to include additional
 prepaid debit programs in the future.
     Through this innovative solution, child support disbursements will be
 loaded on prepaid stored value cards, which automatically reload as future
 payments are received.  Official Payments will distribute VISA, Interlink(R)
 and Allpoint branded cards.   This unique payment program will allow
 recipients to receive their child support payments faster, with no-cost access
 to their funds.
     "The convenience and cost-saving implications of a prepaid debit card
 program of this type are significant," said Gary Norcross, president of
 Integrated Financial Solutions for Fidelity.  "We are very excited to partner
 with Official Payments to enable consumers to receive payments in a fast, safe
 and easy manner."
     "We are delighted to work with Fidelity National Information Services to
 provide prepaid debit card payment options to government entities across the
 nation," said T. Jack Williams, senior vice president, strategic programs for
 Tier Technologies.  "Their experience and leadership in the transaction
 processing and payment services industry will enable us to meet the needs of
 our customers more effectively."
 
     About Fidelity National Information Services, Inc.
     Fidelity National Information Services, Inc. (NYSE:   FIS) is a leading
 provider of core processing for financial institutions; card issuer and
 transaction processing services; mortgage loan processing and mortgage-related
 information products; and outsourcing services to financial institutions,
 retailers, mortgage lenders and real estate professionals.  FIS has processing
 and technology relationships with 35 of the top 50 global banks, including
 nine of the top ten.  Nearly 50 percent of all U.S. residential mortgages are
 processed using FIS software.  Headquartered in Jacksonville, Florida, FIS
 maintains a strong global presence, serving over 7,800 financial institutions
 and over 100,000 retailers in more than 60 countries worldwide.  For more
 information on Fidelity National Information Services, please visit
 http://www.fidelityinfoservices.com .
     FIS is a majority-owned subsidiary of Fidelity National Financial Inc.
 (NYSE:   FNF), number 261 on the Fortune 500. More information about FNF can be
 found at http://www.fnf.com .
 
     About Official Payments Corp.
     Official Payments Corp., a Tier company (Nasdaq:   TIERE), delivers
 innovative financial transaction processing services to governments,
 businesses and consumers in the U.S. and abroad.  Headquartered in Reston,
 Virginia, Official Payments' clients are comprised of more than 2,000 federal,
 state, and local governments and agencies including the IRS, educational
 institutions, utilities and commercial clients.  Official Payments' solutions
 drive financial transaction processing for a diverse range of markets.  From
 the electronic government payments market Official Payments pioneered in 1996,
 to the rapidly growing prepaid card industry, to leading-edge markets such as
 biometric payment systems, Official Payments is committed to making payments
 go faster, smarter and safer.  For more information, visit
 http://www.officialpayments.com .
 
     Forward-Looking Statements
     This press release contains statements related to future events and
 expectations and, as such, constitutes forward-looking statements. These
 forward-looking statements are subject to known and unknown risks,
 uncertainties and other factors that may cause actual results, performance or
 achievements of the Company to be different from those expressed or implied
 above. The Company expressly disclaims any duty to update or revise forward-
 looking statements. The risks and uncertainties which forward-looking
 statements are subject to include, but are not limited to, the effect of
 governmental regulations, the economy, competition and other risks detailed
 from time to time in the "Management's Discussion and Analysis" section of the
 Company's Form 10-K and other reports and filings with the Securities and
 Exchange Commission.
 
 

SOURCE Fidelity National Information Services
    JACKSONVILLE, Fla., Feb. 7 /PRNewswire-FirstCall/ -- Fidelity National
 Information Services (NYSE:   FIS), formerly known as Certegy, today announced a
 three-year exclusive agreement with Official Payments Corp.(R), a subsidiary
 of Tier Technologies (Nasdaq:   TIERE) of Reston, Virginia, to issue Visa(R)
 prepaid debit cards.
     Through its relationships with federal, state and local government
 entities, Official Payments Corp. facilitates payments between individuals and
 governments using comprehensive technology solutions.  Under the terms of the
 agreement, Certegy will provide Official Payments with Visa-branded prepaid
 debit products as part of an initiative to convert government disbursements to
 electronic prepaid card solutions.  The relationship will initially focus on
 the conversion of child support disbursements, expanding to include additional
 prepaid debit programs in the future.
     Through this innovative solution, child support disbursements will be
 loaded on prepaid stored value cards, which automatically reload as future
 payments are received.  Official Payments will distribute VISA, Interlink(R)
 and Allpoint branded cards.   This unique payment program will allow
 recipients to receive their child support payments faster, with no-cost access
 to their funds.
     "The convenience and cost-saving implications of a prepaid debit card
 program of this type are significant," said Gary Norcross, president of
 Integrated Financial Solutions for Fidelity.  "We are very excited to partner
 with Official Payments to enable consumers to receive payments in a fast, safe
 and easy manner."
     "We are delighted to work with Fidelity National Information Services to
 provide prepaid debit card payment options to government entities across the
 nation," said T. Jack Williams, senior vice president, strategic programs for
 Tier Technologies.  "Their experience and leadership in the transaction
 processing and payment services industry will enable us to meet the needs of
 our customers more effectively."
 
     About Fidelity National Information Services, Inc.
     Fidelity National Information Services, Inc. (NYSE:   FIS) is a leading
 provider of core processing for financial institutions; card issuer and
 transaction processing services; mortgage loan processing and mortgage-related
 information products; and outsourcing services to financial institutions,
 retailers, mortgage lenders and real estate professionals.  FIS has processing
 and technology relationships with 35 of the top 50 global banks, including
 nine of the top ten.  Nearly 50 percent of all U.S. residential mortgages are
 processed using FIS software.  Headquartered in Jacksonville, Florida, FIS
 maintains a strong global presence, serving over 7,800 financial institutions
 and over 100,000 retailers in more than 60 countries worldwide.  For more
 information on Fidelity National Information Services, please visit
 http://www.fidelityinfoservices.com .
     FIS is a majority-owned subsidiary of Fidelity National Financial Inc.
 (NYSE:   FNF), number 261 on the Fortune 500. More information about FNF can be
 found at http://www.fnf.com .
 
     About Official Payments Corp.
     Official Payments Corp., a Tier company (Nasdaq:   TIERE), delivers
 innovative financial transaction processing services to governments,
 businesses and consumers in the U.S. and abroad.  Headquartered in Reston,
 Virginia, Official Payments' clients are comprised of more than 2,000 federal,
 state, and local governments and agencies including the IRS, educational
 institutions, utilities and commercial clients.  Official Payments' solutions
 drive financial transaction processing for a diverse range of markets.  From
 the electronic government payments market Official Payments pioneered in 1996,
 to the rapidly growing prepaid card industry, to leading-edge markets such as
 biometric payment systems, Official Payments is committed to making payments
 go faster, smarter and safer.  For more information, visit
 http://www.officialpayments.com .
 
     Forward-Looking Statements
     This press release contains statements related to future events and
 expectations and, as such, constitutes forward-looking statements. These
 forward-looking statements are subject to known and unknown risks,
 uncertainties and other factors that may cause actual results, performance or
 achievements of the Company to be different from those expressed or implied
 above. The Company expressly disclaims any duty to update or revise forward-
 looking statements. The risks and uncertainties which forward-looking
 statements are subject to include, but are not limited to, the effect of
 governmental regulations, the economy, competition and other risks detailed
 from time to time in the "Management's Discussion and Analysis" section of the
 Company's Form 10-K and other reports and filings with the Securities and
 Exchange Commission.
 
 SOURCE  Fidelity National Information Services