Continued Focus on Payments Innovation Drives FIS Launch of P2P Payments Solution

  Continued Focus on Payments Innovation Drives FIS Launch of P2P Payments

Business Wire

JACKSONVILLE, Fla. -- February 11, 2013


              *FIS People Pay provides real-time person-to-person (P2P)
                payments using the capabilities of the FIS PayNet^™ real-time
                payments network.
              *Consumers gain freedom and confidence of managing P2P payments
Key Facts      through a single, trusted platform provided by their financial
              *The solution enables financial institutions to remain the
                top-of-mind and trusted provider of payment services to their
                customers and drive increased P2P adoption.

Beyond traditional P2P models, the next horizon for today’s digitally
demanding, fast-moving consumer is paying any person, company or institution
in real time – quickly, easily and securely. FIS™ (NYSE: FIS), the world’s
largest provider of banking and payments technology, today announces the
launch of FIS People Pay, an advanced P2P payments offering for financial
institutions that allows their customers to send payments directly to other
consumers using an e-mail address or mobile phone number while utilizing the
institution’s secure online banking Web site.

Offered to financial institutions, FIS People Pay enables banks and credit
unions of all sizes to provide their customers and members with a financial
institution-branded P2P payment capability that addresses the increasing
consumer expectation for real-time P2P payments. FIS People Pay leverages the
FIS PayNet payments network to enable real-time money movement as well as FIS’
proven fraud monitoring solutions for risk management.

For consumers, FIS People Pay is a simple and secure way to make “me-to-them”
payments in real time. Users can choose when and how to send payments based on
what identification information the recipient provides to the sender,
including account number, mobile telephone number or e-mail address. For
financial institutions, FIS People Pay enables P2P capabilities through a
real-time good funds model that eliminates the funding risk of ACH.

“FIS is focused on investing in innovations that bring direct value to our
clients and the customers they serve, and the launch of FIS People Pay is a
definite proof point of that strategy,” said Nancy Langer, division executive,
ePayment Solutions, FIS. “Over the last year we’ve seen bill pay transaction
volumes increase by 20 percent and our more than 14,000 clients are looking to
us for the next-generation P2P solution. We believe real-time P2P is a
critical facet of the broadening set of consumer’s digital money movement
needs. FIS People Pay delivers not only advanced P2P capabilities, but keeps
financial institutions at the center of the digital money movement.”

Launching this month, FIS People Pay is a standalone P2P solution and will
also be integrated with FIS channel products and core solutions.

About FIS

FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking
and payments technologies. With a long history deeply rooted in the financial
services sector, FIS serves more than 14,000 institutions in over 100
countries. Headquartered in Jacksonville, Fla., FIS employs more than 35,000
people worldwide and holds leadership positions in payment processing and
banking solutions, providing software, services and outsourcing of the
technology that drives financial institutions. First in financial technology,
FIS tops the annual FinTech 100 list, is 425 on the Fortune 500 and is a
member of Standard & Poor’s 500^® Index. For more information about FIS, visit

Forward-Looking Statements

This news release contains forward-looking statements that involve a number of
risks and uncertainties. Statements that are not historical facts, including
statements about our beliefs and expectations, are forward-looking statements.
Forward-looking statements are based on management's beliefs, as well as
assumptions made by, and information currently available to, management.
Because such statements are based on expectations as to future economic
performance and are not statements of fact, actual results may differ
materially from those projected. We undertake no obligation to update any
forward-looking statements, whether as a result of new information, future
events or otherwise. The risks and uncertainties which forward-looking
statements are subject to include, but are not limited to: changes in general
economic, business and political conditions and other risks detailed in the
“Statement Regarding Forward-Looking Information,” “Risk Factors” and other
sections of the Company’s Form 10-K and other filings with the Securities and
Exchange Commission.


For More Information:
Kim Snider, 904.438.6278
Vice President
FIS Global Marketing and
Mary Waggoner, 904.438.6282
Senior Vice President
FIS Investor Relations
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