SANTA CLARA, Calif. AND TORONTO, Ontario, Canada – iPlanet E-Commerce Solutions, a Sun-Netscape Alliance, and Oasis Technology announced that they have begun developing compatible software solutions for financial institutions, enterprises and service providers. Using the iPlanet BillerXpert and iPlanet BillerXpert B2B Edition software and Oasis’ secure, reliable ePayment software, these organizations can quickly deploy an
end-to-end Internet Bill Presentment and Payment (IBPP) solution.
Pairing the iPlanet and Oasis products leverages the “always on” access of
the Internet to rapidly deploy the extended bill presentment and payment
features required by online billers in B2B and B2C environments. For small and
medium-sized businesses, the integrated solution offers a cost-effective
alternative to large-scale, proprietary EDI systems that are costly to install
and maintain. Large-scale business customers can use iPlanet BillerXpert to
extend existing invoicing, bill payment and reporting services without
altering their existing infrastructure. Businesses can also choose to provide
bill payment through a bank-hosted web portal powered by BillerXpert, further
reducing business application and infrastructure costs.
“Internet bill presentment and payment solutions enabled by iPlanet and Oasis can be deployed in multiple environments to best serve the business needs of our customers,” said Stanford Au, vice president of customer relationship management solutions. “Whether it is a bank that wants to set up its own
Internet bill payment portal for business customers or consumer companies that want to extend their existing customer relationships through consolidated
IBPP capabilities, BillerXpert provides a ready-to-deploy solution that
integrates seamlessly with their existing application services.”
iPlanet BillerXpert software offers features that provide powerful
competitive advantages for any business that needs to implement an end-to-end
Internet billing solution. Features range from deep statement analysis and
detailed reporting services, to the ability to conduct interactive marketing
campaigns. iPlanet BillerXpert is fully integrated with the iPlanet Platform, the
powerful infrastructure behind iPlanet commerce applications, adding
scalability and reliability to the already robust billing software. By
consolidating and streamlining the bill payment process for its customers, iPlanet
BillerXpert enables customers to extend their services for stronger one-to-one
relationships with their business and consumer customers. iPlanet BillerXpert
software and Oasis’ ePayment software are sold separately.
While many online billing services now offer limited services to address
Internet bill payments, the vast majority of invoices are still processed
manually, with expenses running between $.50 and $1.50 for the average
paper-based bill payment transaction. The iPlanet BillerXpert solution opens up new
opportunities to dramatically reduce the costs associated with paper-based
bill presentment and payment processing from $.50-$1.50 in paper world to
$.30-$.40 in IBPP, while driving recurring revenues through additional IBPP
portal services like cross-selling and up-selling of new goods and services.
“As a leading provider of ePayment technology for more than 10 years, Oasis
is ideally positioned to bring its payment expertise to the Internet
billing market through a product like BillerXpert,” said Ashraf Dimitri, president
and CEO of Oasis. “Our open, component-based architecture and robust
ePayment processing engine are a natural fit with iPlanet BillerXpert. Now,
business customers can choose an IBPP solution that provides the security,
reliability and flexibility they’re looking for, while reducing the deployment and
maintenance costs.”
Oasis Technology Ltd. delivers leading mCommerce, Internet and real-world
ePayment software products to Internet and traditional banks, e-tailers,
retailers, and processors in more than 70 countries worldwide. Today, Internet
payment systems powered by Oasis software process more than four billion
transactions annually. Oasis Internet payment software products are designed for
end-to-end payment processing throughout the entire payment lifecycle,
bridging the virtual and real worlds of electronic payments. The company’s
international client base includes ABN Amro, American Express, The Bank of Montreal, Citibank, Credicard/Redecard Brazil, Diners, Europay, Golden Card
(China), MasterCard and Visa International. With corporate headquarters located in
Toronto, Canada, the company also operates offices in Kuala Lumpur,
Malaysia, Miami, Florida, San Jose, California, and Watford, England, and supports
an extensive network of international partners and sales representatives.
Oasis is ISO 9001 registered.
