First Data offers innovative recurring and one-time bill payment solutions to manage the cost and complexity of providing multiple bill presentment and payment channels.
First Data Advantages
- Nationwide lockbox network with full electronic clearing capabilities (ARC, ICL) to provide significant reduction in mail and bank float
- Business process outsourcing for value-added keying, Electronic Funds Transfer (EFT) enrollment and address change keying
- Single payment gateway supports multiple payment options received online, IVR, CSR and in-person
- Web-based portal providing customer service, customized receivables reporting, exception handling and back-office reconciliation tools
- State-of-the-art national data center stores and safeguards account holders’ sensitive information