As digital payments replace old-fashioned receivables management, many organizations are looking for electronic bill payment capabilities to help them streamline the collection of invoiced amounts. Encouraging use of online bill payment services and providing the tools to let account holders pay bills electronically is a way to reduce the costs of servicing customers, particularly in sectors with high volumes of regular payments, such as utilities, tax collection, rental payments and mobile phone contracts.
Pay bills securely, in line with data protection and other regulatory requirements
Our bill payment solution empowers consumers to control all aspects of their person-to-person or person-to-business payments, from setting up payees and services to making automated regular payments or one-off expedited payments. Implemented in conjunction with our fraud management technology, it provides an environment where consumers and commercial organizations can pay bills securely, in line with data protection and other regulatory requirements. Our consultants can also advise on bespoke bill payment solutions, specifically designed for business models with multiple or complex user populations.