December 10, 2008

Montepaschi Group (Rome), one of the world's oldest banks, is now offering a new service that will enable people to pay taxes and fines at the bank's ATMs. The project is a collaboration between the bank, Rome City Council and TSP, an SIA-SSB Group (Milan) company which specializes in systems and services for businesses and public administration entities.

The new service enables all individuals who hold a Pagobancomat card of any kind to go directly to the ATMs of the Montepaschi Group (GMPS) as they would do for any normal cash withdrawal, and from the payments menu, select Rome City Council and then choose between local property tax assessment and fines. By entering a univocal payment code quoted in a letter sent by the city council, users will be able to confirm details relating to the tax, which will be displayed, and then make the payment by Pagobancomat, subject to the maximum daily and monthly limits of their card. The cost of the service to the user is only 1.48. The new service is already available at 200 ATMs of Banca Monte dei Paschi di Siena and Banca Toscana throughout the region of Lazio which have already been upgraded to microchip technology (representing, to date, 95 percent of the total installed in the region) as of mid-November and, by year's end, it will be available at all 2,240 ATMs already migrated and installed nationwide (to date approximately 92 percent of the total installed). Throughout 2009, the service will be extended to the remaining Monte dei Paschi di Siena and Banca Toscana machines, at the same time as they are upgraded, and later gradually extended also to the ATMs of Banca Antonveneta.

"The new service is part of the GMPS multi-channel development strategy which aims to introduce new ATM functions available to customers and non-customers alike, for various types of payments," explained Ferdinando Quattrucci, head of Montepaschi Group's Central Italy and Sardinia area.