ACS Awarded Contract for Market-Expanding Application of Electronic Payment Card
July 06 2009 - 8:05AM
Business Wire
The Illinois Department of Human Services (IDHS) will use
Affiliated Computer Services, Inc�s (NYSE: ACS) electronic payment
card (EPC) solution to improve the distribution of state payments
to child care providers and specialized personal assistants. The
five-year agreement with the State of Illinois expands the market
of ACS� EPC program and demonstrates how electronic payments can
benefit government agencies and their constituents.
With ACS� EPC program, IDHS will be able to accelerate payments
to recipients by using a reloadable MasterCard� debit card accepted
by thousands of retailers and at ATMs nationwide. The card will be
offered as an option to traditional paper checks for payments to
service providers participating in the state�s Child Care
Assistance Program, which offers quality, affordable child care to
families. Additionally, it will be available to personal assistants
who help with household tasks and personal care to people with
disabilities.
�Our goal with the debit cards is to expedite the delivery of
monthly payments to licensed and licensed-exempt child care
providers and bi-monthly payments to personal assistants,� said
Grace Hou, IDHS assistant secretary. �This process will heighten
security associated with transactions, and provide easier and less
costly access to funds for those who may not have checking
accounts.�
ACS serves four million cardholders with 24 EPC programs for
state and federal clients, disbursing payments for programs such as
child support, Temporary Assistance for Needy Families (TANF),
unemployment insurance, disability and state employee payroll. The
addition of child care providers and personal assistants will
significantly expand the use of EPC services. ACS� EPC solution is
also available to healthcare providers as a more convenient method
of payment delivery.
ACS� agreement with the State of Illinois demonstrates the
flexibility of our electronic payment card solution and how we can
help government agencies with innovative and creative solutions,�
said Joseph Doherty, executive vice president and group president
of ACS Government Solutions Group. �We anticipate that this project
will become a model for other states.�
As the largest provider of business process solutions and one of
the largest information technology service providers to the
nation�s public sector, ACS serves as an operational partner to
more than 1,700 government agencies on the federal, state, county
and local level.
The work of ACS touches millions of people every day. ACS
processes more than half of the nation�s child support payments;
processes nearly 570 million Medicaid claims each year totaling
more than $50 billion in provider payments; saves state child care
programs millions of dollars; services student loans for more than
11 million borrowers; and facilitates more than 75 million online
searches for unclaimed property per year.
About ACS
ACS, a global FORTUNE 500 company with approximately 74,000
people supporting client operations reaching more than 100
countries, provides business process and information technology
solutions to world-class commercial and government clients. The
company's Class A common stock trades on the New York Stock
Exchange under the symbol "ACS." Learn more about ACS at
www.acs-inc.com.
The statements in this news release that do not directly relate
to historical facts constitute �forward-looking statements� within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements are subject to numerous risks and
uncertainties, many of which are outside the Company�s control. As
such, no assurance can be given that the actual events and results
will not be materially different than the anticipated results
described in the forward-looking statements. Factors could cause
actual results to differ materially from such forward-looking
statements. For a description of these factors, see the Company�s
prior filings with the Securities and Exchange Commission,
including our most recent filing. ACS disclaims any intention or
obligation to revise any forward-looking statements, whether as a
result of new information, future event, or otherwise.
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