In Brief: USA Group Selects Mobius Bill Program

RYE, N.Y. - Mobius Management Systems and Click-n-Done.com, a subsidiary of Mobius that provides electronic bill payment and presentment, has announced that USA Group, the nation's largest guarantor and administrator of education loans, will use its electronic bill software.

Beginning this summer, 934,000 customers of USA Group will be able to receive and pay bills electronically through USA Group's Web site. Borrowers also will be able to receive e-mail notifications when their education loan payments are due each month, review their loan statements on the Internet, and specify the date on which a bill is to be paid.

Consumers who pay multiple bills via the Internet can select a bill consolidator and pay bills through that site; or they can download the free Click-n-Done consumer consolidation software and manage their billing and payment data on their own desktop.