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  September 5, 2001
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Home > Company Index > Financial Services > Services to Financial Companies > Official Payments Corporation

Official Payments Corporation
Nasdaq: OPAY
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 PROFILE
Uncle Sam can now replace "I Want YOU!" with "Cash or Charge?" Official Payments (formerly U.S. Audiotex) lets individuals in more than 40 states make payments to local and federal government entities using their Visa, MasterCard, American Express, or Discover cards. The company charges both flat and variable convenience fees on income tax and property tax bills, sales and use taxes, tuition payments, and traffic fines; fees for payments to the IRS account for approximately 70% of sales. Official Payments, which takes credit card payments via telephone and online, has a co-marketing agreement with E*Trade and has strategic alliances with other financial services providers. Comerica owns about 55% of the company.

 COMPETITION
CheckFree Corporation (CKFR)
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 25.80
1-Yr. Sales Growth: 193.2%
Employees: 93
Revenue per employee: $277,419.35

 KEY PEOPLE
• Thomas R. Evans
    CEO
• Edward J. DiMaria
    CFO

 CONTACT INFO
3 Landmark Sq.
Stanford, CT 06901
US
Phone: 203-356-4200
Fax: 203-969-0303
Online: Web Site

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