New U.S. Bank E-Payment Service Kiosk Offers Clients a Flexible, Secure Receivables Option

  New U.S. Bank E-Payment Service Kiosk Offers Clients a Flexible, Secure
  Receivables Option

Business Wire

MINNEAPOLIS -- March 25, 2014

Companies, utilities, government entities and nonprofits that accept
electronic payments from their customers can now collect those funds on-site
with new E-Payment Service Kiosks from U.S. Bank Global Treasury Management.

U.S. Bank's new freestanding e-payment kiosks can be placed on-site, allowing
customers to pay bills ...

U.S. Bank's new freestanding e-payment kiosks can be placed on-site, allowing
customers to pay bills on the spot. (Photo: U.S. Bank)

Similar to an ATM, U.S. Bank’s E-Payment Service Kiosks are customizable,
free-standing units available to businesses, nonprofits, utilities and other
billers that want to give their own customers the option to conveniently and
securely pay bills on the spot.

“Our business clients want to give their customers easy options to pay their
bills,” said Ann Smith, senior vice president of Treasury Management Product
at U.S. Bank. “The E-Payment Service Kiosk is a great payment acceptance tool
that enables businesses to reduce their own costs and strengthen customer
relationships.”

Detroit Water & Sewerage Department (DWSD) helped pilot the project with a
kiosk in their main office in downtown Detroit. “The installation of the U.S.
Bank E-Payment Service Kiosk is DWSD’s way of acknowledging what our customers
were requesting – another payment channel,” said Darryl Latimer, Chief
Customer Service Officer/Deputy Director of DWSD. “In our current, fast-paced
environment, time is everything and our partnership with U.S.Bank has
positively affected customer wait times associated with bill payments. This is
a win-win for everyone involved.”

U.S. Bank now offers five payment channels through E-Payment -- the internet,
touch-tone telephone (IVR), staffed service center, remote web service (API)
and kiosks -- that are designed to improve clients’ receivables processing.

The E-Payment Service Kiosk allows for the acceptance of multiple forms of
payment, including cash, checks, and credit or debit cards. The kiosk can be
customized to reflect a company’s brand and includes both indoor and outdoor
models. Businesses using the kiosks can also access real-time balances and
view which of their customers have made payments, which helps reduce the costs
associated with supporting multiple payment collection processors.

About U.S. Bank:

Minneapolis-based U.S. Bancorp (NYSE: USB), with $364 billion in assets as of
Dec. 31, 2013, is the parent company of U.S. Bank, the 5^th largest commercial
bank in the United States. The Company operates 3,081 banking offices in 25
states and 4,906 ATMs and provides a comprehensive line of banking, brokerage,
insurance, investment, mortgage, trust and payment services products to
consumers, businesses and institutions. Visit U.S. Bancorp on the web at
www.usbank.com.

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http://www.businesswire.com/multimedia/home/20140325005193/en/

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Contact:

U.S. Bank
Amy Frantti, 612-303-0733
Corporate Public Relations
amy.frantti@usbank.com
 
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