Give your customers a greater range of choice in how they pay bills.
When it comes to making payments, customers want choice and convenience, and Debit Bill Payment is an easy way to give it to them. With Debit Bill Payment, your customers can make payments by phone or through your Web site using their ATM/debit card.
Customers increasingly prefer alternatives to writing paper checks, but this can be a challenge to businesses that want to keep costs under control. The costs of processing electronic transactions are rising, and for large payments, interchange rates can quickly cut into your profitability, especially when you’re prohibited from passing along processing costs to the consumer.
A service offered through the STAR®, PULSE® and NYCE® debit networks, Debit Bill Payment allows customers to use their ATM/debit card to initiate bill payment via your Web site or your Voice Response Unit (VRU) system.
How It Works
Customers either visit your Web site or call your VRU and are prompted to provide ATM or debit card information. Our service processes both transaction types in real time, and customers get immediate confirmation of approvals or denials, which helps them avoid late charges and better manage their accounts.
Help Your Business
- Cut costs for handling checks, credit cards and Automated Clearing House (ACH) items
- Lower your chargeback rates
- Increase customer satisfaction
- Lower your adjustment rate
Help Your Customers
- Enjoy greater range of secure payment options
- Confirm payment immediately
- Supports Utility Companies, Insurance Companies, Educational Institutions, Governmental Agencies and Lenders — both secured and unsecured
- An integrated solution of set-up, training, authorization and settlement services
- Merchant billing, statements, reporting, customer service and technical help desk support
- Multiple connectivity options for processing multiple payment types
