Bottomline Technologies Announces Payments Partnership

  Bottomline Technologies Announces Payments Partnership

 RBS and RBS Citizens Select Paymode-X^® to Expand Domestic and International
                    Treasury Management Product Offerings

Business Wire

PORTSMOUTH, N.H. -- March 12, 2013

Bottomline Technologies (NASDAQ: EPAY), The Royal Bank of Scotland N.V. (RBS)
and RBS Citizens, N.A. have formed a new partnership in the payments space,
Bottomline announced today. With this agreement, RBS and RBS Citizens select
Bottomline’s Paymode-X^® settlement network as a technology solution to expand
the banks’ treasury management offerings both domestically and around the
globe. Paymode-X enables financial institutions to offer comprehensive
payables solutions for their corporate customers to convert their paper-based
payments to electronic payments quickly and easily.

RBS is a leading bank partner to major corporations, financial institutions,
government and public sector clients around the world. RBS Transaction
Services delivers international and domestic banking services that clients
need to transact efficiently with their customers, suppliers, and
counterparties – helping clients make and receive payments and control cash
flow. This support allows organizations to accelerate their supply chains,
manage operating and regulatory risk, and best utilize their working capital.

RBS Citizens, N.A. is a subsidiary of RBS Citizens Financial Group, Inc., a
$128-billion commercial bank holding company. As part of RBS Citizens
Financial Group in the U.S., the RBS Citizens Treasury Solutions organization
provides transaction banking services including cash management, commercial
card, and trade finance services to most major industry segments as well as
professional services firms to meet their corporate treasury needs.

Paymode-X is a settlement network with more than 200,000 global members
exchanging electronic payments, remittance advices and invoices. With
Paymode-X, payers can accelerate the conversion of paper to electronic
payables and optimize working capital. Vendors enjoy faster access to cash and
a streamlined receivables process.

“We are delighted to be a solution partner to RBS and RBS Citizens,” said Rob
Eberle, Bottomline’s President and CEO. “We believe that Paymode-X is the
future of business payments and that strategic partnerships such as this one
will help us continue to revolutionize and lead the payables market.”

About Bottomline Technologies
Bottomline Technologies provides cloud-based payment, invoice and banking
solutions to corporations, financial institutions and banks around the world.
The company’s solutions are used to streamline, automate and manage processes
involving payments, invoicing, global cash management, supply chain finance
and transactional documents. Organizations trust Bottomline to meet their
needs for cost reduction, competitive differentiation and optimization of
working capital. Headquartered in the United States, Bottomline also maintains
offices in Europe and Asia-Pacific. For more information, visit
www.bottomline.com.

About RBS Citizens Financial Group, Inc.
RBS Citizens Financial Group, Inc. (RBSCFG) is a $128 billion commercial bank
holding company. It is headquartered in Providence, R.I., and through its
subsidiaries has more than 1,400 branches, approximately 3,600 ATMs and more
than 19,000 colleagues. Its two bank subsidiaries are RBS Citizens, N.A., and
Citizens Bank of Pennsylvania. They operate a 12-state branch network under
the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New
Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont; and
the Charter One brand in Illinois, Michigan and Ohio. RBSCFG has non-branch
retail and commercial offices in more than 30 states. RBSCFG is owned by RBS
Group (The Royal Bank of Scotland Group plc). RBSCFG’s website is
citizensbank.com.

About The Royal Bank of Scotland Group plc (RBS Group)
The RBS Group is a large international banking and financial services group of
companies. Headquartered in Edinburgh, the Group operates in the United
Kingdom, Europe, the Middle East, the Americas and Asia, serving over 30
million customers worldwide. The Group provides a wide range of products and
services to personal, commercial and large corporate and institutional
customers through its principal subsidiaries, The Royal Bank of Scotland plc,
The Royal Bank of Scotland N.V. and National Westminster Bank plc, as well as
through a number of other well-known brands including Citizens, Charter One,
Ulster Bank, Coutts, Direct Line.

Bottomline Technologies, Paymode-X and the Bottomline Technologies logo are
trademarks of Bottomline Technologies (de), Inc. which may be registered in
certain jurisdictions. All other brand/product names may be trademarks of
their respective owners.

Cautionary Language
This press release may contain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. Actual results may
differ materially from our expectations as a result of various important
factors, including but not limited to competition, market demand,
technological change, strategic relationships, recent acquisitions,
international operations and general economic conditions. For additional
discussion of these and other factors that could impact our operational and
financial results, refer to our filings with the Securities and Exchange
Commission, including our Form 10-K for the fiscal year ended June 30, 2012
and subsequent filings. Any forward-looking statements represent our views
only as of today and we do not assume any obligation to update such
statements.

Contact:

Bottomline Technologies
Heather Bridges, 603-501-5267
hbridges@bottomline.com
 
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