Mid-Atlantic Corporate Signs e-PaymentsDeal With Princeton eCom

HARRISBURG, Pa. - (06/15/05) -- Mid-Atlantic Corporate FCU said itcontracted with Princeton eCom to enhance its online electronicbill payment services and streamline workflow processes for moreefficiency and cost-effectiveness. Under the deal, Mid-AtlanticCorporate is using Princeton eCom's PayAnyone solution and itsLeast Cost Routing as vehicles to increase the percentage ofpayments remitted electronically and decrease the overall costsincurred for payments processing. PayAnyone provides the corporateand its members faster merchant processing, reduced claims andhigher electronic remittance rates. By increasing the conversion ofpaper payments to electronic, Mid-Atlantic will reduce the costsassociated with paper transactions, claims research andreconciliation for those payments through Princeton eCom's eRatesolution.