Benefits for Business
First Data offers innovative recurring and one-time bill payment solutions to improve operational efficiency, reduce costs and increase funds availability. Utilize our Payment Gateway to rationalize your payment system and help improve customer handling.
- Maximize conversion to electronic processing
- Visibility and control across the remittance workflow
- Accept all payment types for remittance
- Simple administration through a single-source
- Consolidate online bill payments processing
- Nationwide lockbox network with full electronic clearing capabilities (ARC, ICL) to provide significant reduction in mail and bank float
- Customized receivable reporting—including seamless integration of all payment methods: Internet, IVR, in-person, phone, cash, etc.
- Business process outsourcing for value-added keying, electronic funds transfer (EFT) enrollment and address change keying
- One payment gateway for processing online, IVR, CSR and walk-in payments
- Single payment gateway supporting eCheck, credit card and PIN-secured and PIN-less debit cards
- Web-based portal providing customer service, exception handling and back-office reconciliation tools
- Flexible interface options including secure open systems-based application programming interface (API), batch and ready-made consumer payments via Web and IVR
- State-of-the-art national data center stores and safeguards commercial account holders’ sensitive information