More customers than ever are paying their bills online, either through their bank or through an online bill payment service, such as CheckFree or Metavante. Of course, that probably means you’re increasingly buried under an avalanche of paper checks from these online-payment services. Online Bill Payment Interface can save you time by automating online payments for nearly all online bill payment services. Instead of receiving paper checks to deposit, you instead receive an electronic remittance file, and all payments are automatically deposited into your bank account the following day.
Online Bill Payment Interface replaces paper check bill payments received from banks and bill processors. Instead you receive an electronic file, and all payments are automatically deposited into your bank account the following day.
With Online Bill Payment Interface, you can:
Save time by eliminating the need to hand-key payments from online bill payment services
Eliminate inefficiencies and expenses associated with processing paper checks
Increase cash flow because funds are deposited into your account within one business day after transmission of your remittance file.
Ensure greater security by maintaining risk-management procedures that promote a secure environment.