ACE Cash Express Selects Online Resources for Bill Payment Services

Online Resources Corporation (Nasdaq: ORCC), a leading provider of web-based financial services, today announced that ACE Cash Express, Inc. has signed a multi-year contract for bill payment services.

ACE, a leading retail financial service company, operates the largest network of retail check-cashing stores, with more than 1,800 locations throughout 38 states and the District of Columbia. Through these outlets, ACE provides financial services with more than 40 million customer visits each year. Online Resources will enhance the existing walk-up bill payment service offered by ACE by providing a wider distribution network of billers.

Three tiers of electronic bill payment services will be available:

1) Expedited payments, with guaranteed same-day posting to hundreds of billers in Online Resources’ extensive biller network;
2) Next day guaranteed payments to Online Resources’ biller network; and
3) Standard online bill pay to thousands of payees in the United States.

“By partnering with Online Resources, we are strengthening our commitment to provide needed and valuable services to our consumers. We take pride in understanding the needs of our customers and making available the best financial services in local neighborhood branches that they know and trust,” said Victor Faszczuk, vice-president of business development for ACE Cash Express.

“We are well positioned to bring electronic bill payment services to ACE’s customers because of our expansive biller network and expertise in enabling consumers to make fast, accurate payments,” said Robert Craig, executive vice president and general manager of Online Resources’ eCommerce Services. “We look forward to delivering feature-rich payment options—such as expedited bill pay—that will serve their growing number of consumers.”

ACE Cash Express, Inc. is a leading retailer of financial services, including check cashing, short-term consumer loans, bill pay and prepaid debit card services, and the largest owner, operator and franchisor of check cashing stores in the United States. As of May 2008, ACE had a network of over 1,800 stores in 38 states and the District of Columbia. ACE Cash Express focuses on serving consumers who seek an alternative to traditional banking relationships to gain convenient and immediate access to financial services.

Online Resources powers web-based financial services for thousands of financial institutions, billers and credit service providers. Its proprietary suite of account presentation and payment services are branded to its clients, and augmented by marketing services to drive consumer and business end-user adoption. The Company serves over 10 million end-users and processes $100 billion in bill payments annually. Founded in 1989, Online Resources (Nasdaq: ORCC; www.orcc.com) is recognized as one of the nation’s fastest growing companies.