Striata to launch next-generation interactive PDF Bill and mobile one-click payment at FinovateEurope

Johannesburg, 26 Jan 2011

Striata, a leading provider and innovator of e-mail bill presentment and payment solutions, will be launching two new products at *FinovateEurope, which is taking place in London on 1 February 2011 - the Striata's next-generation interactive PDF bill solution and mobile one-click payment.

Striata's new mobile one-click payment solution is an industry first, bringing one-click eBill payment to the ever growing mobile e-mail market. Furthermore, Striata's next-generation interactive PDF bill solution will enable companies to deliver improved marketing capability, while enriching its customers' e-mail billing experience.

“Most banks and large organisations have developed eBilling solutions without user adoption in mind. Striata's 'push' e-mail billing solution focuses on user adoption and continually delivers record-breaking figures of paper turn-off. Our innovative one-click payment solution meets the current and growing demands for mobile payment and our next generation interactive PDF bill solution's enhanced functionality looks and works like a mini-Web site inside the PDF. It enables navigation, graphing and sorting of itemised entries and authenticated feedback forms,” explains Michael Wright, CEO of Striata.

Striata's mobile friendly e-mail bill payment solution enables bill recipients to view how much is owed and conveniently make an instant one-click payment directly from their mobile phone. Payment can be facilitated from any Internet-enabled device (eg, mobile device, Webmail, body of e-mail). With Striata mobile one-click payment, there is no need for customers to enter payment details. Payment data is stored with the payment provider, and can only be used to pay a linked bill.

“Striata continues to innovate with a focus on customer convenience through ease of use. The Striata next-generation interactive PDF bill solution delivers an added value experience for the end user, enabling navigation, multiple 'virtual pages'; sorting of data; interactive graphs; grouping of data; animations; and videos. This additional functionality assists the biller to drive e-mail billing adoption and paper turn-off, which ultimately reduces costs and DSO (days sales outstanding) while delivering a significant ROI,” concludes Wright.

Striata will present a live demo of Striata's new Interactive PDF eBill and introduce mobile one-click payment, at FinovateEurope, in February 2011. Interested in attending? Visit www.finovateeurope.com and enter Striata10 as the discount code to receive a 10% discount off your ticket.

Finovate

FinovateEurope is a demo-based conference for innovative start-ups and established companies in the fields of banking and financial technology. Held in London, one of the world's premiere financial capitals, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateEurope is organised by Online Financial Innovations. For more information on the event, or to view videos of previous demos, please visit www.finovate.com/europe2011.

Striata

Striata's Secure eDocument Delivery and Email Bill Presentment and Payment (EBPP) are solution sets that deliver a rapid reduction in operational costs, quicker payments and an enhanced customer experience.

Striata revolutionises the way bills, statements, policies, collection notices, letters, paystubs and other high volume system-generated documents are delivered and paid. Registration requirements are eliminated by e-mailing feature rich, interactive, encrypted documents directly to the inbox and enabling innovative 1-click electronic payment from within the document itself. Direct e-mail delivery of bills and statements dramatically increases customer adoption of electronic documents, paper turn-off and ePayments. This enables Striata's clients to achieve rapid ROI; complement their existing self-service and e-communication strategies; significantly reduce paper output and to meet their carbon footprint/environmental impact targets.

As a leading international provider of electronic messaging since 1999, with more than 200 blue chip customers, Striata has operations in New York, London, Sydney, Johannesburg, Hong Kong and partners in North, Central and South America, Europe and Asia Pacific.