Payments News

On The Web

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Domains

Ysplit Makes Money From Split Bill Payments

“Ysplit is testing a virtual card which can be used by friends and people in house shares to split bill payments. Where it differs from similar schemes is that Ysplit earns interchange fees from being the card on which the bill is paid. The Ysplit Card can be used to pay for utility or restaurant […]
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Domains

Good Bye Expedited Payments. Hello Real Time. by Mike Kresse

“So why are consumers flocking to billers’ websites? First, the payments are made immediately – critical to consumers about to have their electricity or other important services shut off. With only 54 percent of consumers always paying their bills on time, according to Aite, a huge percentage of consumers need last-minute payment options. Second, most big […]
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Domains

Truecaller Pay to go live will Bharat Bill Payments Service in December

“Truecaller Pay is set to go live with the Bharat Bill Payment System in early December with an aim to target India’s utility bill payments market. The Unified Payments Interface (UPI) based payments app has already started testing the feature with around 54 billers and will soon go live with all the billers on Bharat Bill Payments, said Sony […]

On The Wires

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Domains

ACI Worldwide Brings Text-to-Pay to Billers by Joining Forces With Solutions by Text

“ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced an alliance with Dallas-based Solutions by Text to provide organizations the ability to receive payments via SMS. Integrating Solutions by Text’s software with ACI’s UP Bill Payments will provide customers with simple pay-by-text options, increasing on-time payments and reducing collection costs. Organizations that are […]
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Deals

ACI Worldwide to Acquire Western Union’s Speedpay U.S. Domestic Bill Pay Business

“Together, the ACI and Speedpay bill pay solutions will serve more than 4,000 customers across the U.S., bringing expanded reach in existing and complementary segments such as consumer finance, insurance, healthcare, higher education, utilities, government and mortgage. This will enable the combined business to more effectively serve a rapidly-evolving category as well as pursue additional […]
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Domains

Doxo Launches Apple Pay, Simplifying Bill Pay to Over 45,000 Billers

“doxo , the innovative web and mobile bill payment service, today announced the launch of Apple Pay, bringing the convenience of paying bills with just a glance or a touch on iPhone, iPad and Mac to the $3.9 trillion bill pay market comprising 55% of annual household spending. With doxo, consumers already have the ability to pay […]
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Domains

Canadian Fintech Launches Industry-leading Cross Border Bill Pay Solution for Financial Institutions

“Canadian fintech Buckzy Payments Inc. today announced an enhancement to its real-time cross border network by including real-time cross border bill pay through a single connection, solving a longstanding challenge to international bill payments. Despite many industry leaders attempting to find real-time cross border bill payment solutions, Buckzy is the first to present a functional […]
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Domains

Forget OCR! Trustly Revolutionizes How to Pay Your Invoice

“Swedish FinTech company Trustly is pleased to announce the launch of its latest product, Pay Your Invoice, which simplifies and automates invoice payments. For consumers, it means they never have to think about OCR numbers ever again. For e-commerce merchants, it decreases administrative costs while letting them maintain ownership of the consumer relationship. With Trustly’s […]
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Domains

Fiserv Enables Digital Delivery of Consumer Bills Via Mobile Wallet

“Mobile Bill Presentment from Fiserv allows clients to digitally present a customer’s bill in a mobile wallet, while also supporting alerts and notifications that increase payment speed by reminding the customer to pay their bills early or on time. Mobile Bill Presentment is branded with the company’s logo and color scheme, and bills are automatically […]