SOURCE: PaymentOne

January 08, 2007 15:00 ET

Leading S&P 500 Company Selects PaymentOne

Nicor Services Deploys Advanced Payment Services

SAN JOSE, CA -- (MARKET WIRE) -- January 8, 2007 -- PaymentOne® Corporation today announced that Nicor Services, a subsidiary of Nicor Inc., has deployed PaymentOne's advanced payment service platform and PhoneBill™ service. Nicor Inc. is also the parent company of Nicor Gas, one of the nation's largest natural gas distribution companies.

Nicor Services offers a broad range of home solutions that help homeowners protect and maintain their home systems.

"Nicor Services is committed to providing quality services, protection and convenience to our consumers," said Rob Ayres of Nicor. "As part of a large public company, we did significant diligence and review of multiple vendors and options in the market, and selected PaymentOne because of its proven track record, commitment to service quality and deep payments domain experience. We have been extremely pleased with the entire PaymentOne team, and view them as a true business partner."

About PhoneBill™: PaymentOne's PhoneBill enables digital content and related service providers to better serve, reach and monetize more consumers. PaymentOne's PhoneBill™ solution allows over 180 million consumers to conveniently charge services to their existing broadband, mobile and landline accounts. These "no credit card required" options eliminate the need and significant hurdle for the consumer to provide sensitive credit card information.

PaymentOne has generated over $2 billion of incremental revenue for its merchants in the last 24 months.

About Nicor Inc. (NYSE: GAS)

Nicor Inc (NYSE: GAS) is a holding company and is a member of the Standard and Poor's 500 Index. Its principal businesses are Nicor Gas, one of the nation's largest natural gas distribution companies, and Tropical Shipping, a containerized shipping business serving the Caribbean region and the Bahamas. Nicor also owns and has an equity interest in several energy-related businesses. For more information, visit the Nicor web site at

About PaymentOne

PaymentOne Corporation is one of the world's fastest growing online Payment Services Providers (PSPs). Founded in July 2000, PaymentOne has pioneered payment and marketing services that connect digital merchants and network operators and accelerate the adoption of online content and services by over 25%. Based in Silicon Valley, PaymentOne has generated over $2 billion in new digital revenue over the last 36 months for its clients and partners. The company manages a network of over 1000 telecommunication/broadband providers, mobile operators and content partner including leading ISPs, BSPs, Telcos, broadband operators and media companies such as America Online, United Online, NetZero and Time Inc.

To help online merchants attract, convert and retain a wider audience, PaymentOne's integrated suite of revenue optimization services include a unique set of non-credit card payment alternatives, macro and micro payments, identity verification and fraud detection, traditional payment processing, global payments, and a co-marketing distribution network. The company's flagship PhoneBill service provides merchants with access to over 180 million consumers with mobile, broadband and land line accounts.

To learn more about PaymentOne, visit or call 800-747-4028.