04.06.2007 – 09:15

SIX Payment Services AG

Raiffeisen Schweiz has joined the PayNet network - e-banking at the Raiffeisen banks now with e-bills

Effective immediately, e-banking clients of Raiffeisen Schweiz can
now receive and pay their bills electronically. The third-largest
banking group in Switzerland, with more than 400 banks, has joined
the PayNet network for electronic bills. Under the "e-bill" menu
item, all private customers can register in the e-banking system of
their Raiffeisen bank for the free service as well as directly
register for e-bills with their billers.

With the addition of Raiffeisen Schweiz, yet another important
milestone has been reached in the development of the PayNet network:
PayNet and e-bill are now supported by all banking groups. Overall,
89 Swiss banks - Bank Coop, Credit Suisse, most cantonal banks,
Migros Bank, Raiffeisen Schweiz, 63 regional banks and UBS - with a
total of more than 2.3 million e-banking clients, have expanded their
e-banking applications with the electronic bill function in the past
three years. They thereby provide their e-banking clients a
convenient option for securely receiving bills electronically via
their e-banking systems and paying them with a click of the mouse -
completely paper-free and without manually typing data into the
e-banking interface.

Links to further information on the topic of e-bills

• Billers connected to PayNet's business-to-consumer service: www.paynet.ch/biller
• Banks connected to PayNet: www.paynet.ch/banks
• General information on e-bill for private persons: www.e-bill.ch

Telekurs PayNet AG

Telekurs PayNet, a company of the Telekurs Group, develops and
operates solutions for banks, companies and private persons in the
field of electronic invoicing / archiving (PayNet) and payments
(direct debit).

PayNet is the leading Swiss network for processing VAT-conformant
electronic invoices between companies and their private or business
customers (www.paynet.ch).

LSV+ and BDD are Swiss procedures for processing domestic and
international direct debits in the Swiss Franc and Euro currencies
(www.lsv.ch). www.telekurs-paynet.com

Raiffeisen

Raiffeisen is the third-largest banking group in Switzerland and
one of Switzerland's leading retail banks. Three million people in
Switzerland are Raiffeisen clients. Of these, 1.4 million are members
of the cooperative and thus co-owners of their Raiffeisen bank. They
value the decisive advantages offered by Raiffeisen: client
proximity, sympathy, trustworthiness and exclusive benefits for
members of the cooperatives.
The Raiffeisen Group consists of 405 Raiffeisen banks, which are
structured as cooperatives and have around 1,150 branches, as well as
Raiffeisen Schweiz (formerly the Swiss Association of Raiffeisen
Banks) and the group companies (Raiffeisen Leasing, Raiffeisen
Bürgschaftsgenossenschaft, etc.). The legally autonomous Raiffeisen
banks collectively form Raiffeisen Schweiz, which is domiciled in St.
Gallen. Raiffeisen is responsible for the strategic management of the
entire Raiffeisen Group and for group-wide risk management. It also
coordinates the group's activities, creates the framework conditions
for the business operations of the local Raiffeisen banks, and
provides them with support and advice on all issues.

www.raiffeisen.ch

ots Orginaltext: PayNet AG / Raiffeisen
Internet: www.presseportal.ch

Telekurs PayNet AG
Ulrike Eckardt
Marketing & Communication
Hardturmstrasse 201
Postfach
8021 Zürich
Tel.:     +41/44/832'93'05
Fax:      +41/44/832'95'25
E-Mail:    ulrike.eckardt@telekurs.com
Internet: www.telekurs-paynet.com

Information on Raiffeisen:
Franz Würth, Media Spokesperson
Tel.:    +41/71'225'84'84
E-mail:  franz.wuerth@raiffeisen.ch