Source: BSG Clearing Solutions
BSG Clearing Solutions UK Limited, a wholly owned subsidiary of Billing Services Group Limited, a global provider of clearing and settlement, payment services and financial risk management solutions, announced today a strategic partnership and distribution agreement with BT, one of Europe's leading providers of telecommunications services, to jointly market and distribute BT's Onepay service in the United Kingdom.
BT's Onepay service will be exclusively hosted and operated by BSG and is available now to local government councils, utility companies and charities operating in the UK. BT Onepay enables these organisations to offer and accept online payments securely and cost effectively.
"BSG's experience in managing high volume transactions made them an obvious choice for this endeavor," said David Hunter, head of BT ePayments in the UK. "We're looking forward to a continued partnership to leverage our complimentary business models to address current and future market needs."
Under the agreement, BSG will develop, host and operate the Onepay platform and manage the web portal and IVR which will take end-user payments via credit and debit cards for a variety of services. The contract also includes reciprocal branding rights for both companies, as well as a joint strategic and distribution agreement for marketing and selling the BT Onepay services within the United Kingdom.
"We are extremely pleased to be partnering with BT and look forward to supporting their Onepay offering," said Patrick J. Haynes III, CEO of BSG Clearing Solutions. "We view this as an exciting opportunity to apply our knowledge and experience to a new area of service as BSG rapidly expands in Europe."