Fidelity National Information Services Inc. has announced the release of FIS Expedited Payments, a secure turnkey solution that enables financial institutions and merchants to quickly deploy an online payment option for statements and invoices. Consumers may search, view and pay their bills through a simple, seamless, online user interface designed to match corporate branding.
With FIS Expedited Payments, financial institutions can present mortgage, auto and installment loan statements for electronic payment. Consumers may make payments with debit cards, credit cards and electronic checks, via their Web site or IVR or using call-center assistance. All payments submitted are processed in real time.
Financial institutions also may resell this offering to commercial clients as part of their lockbox and commercial cash management services. These commercial clients then can present clients' invoices and accept electronic payments, with the option to charge a fee. These payments can be made via their company Web site.
"Our Web-based billing and expedited payment solution provides merchants and financial institutions with a quick, easy option for receiving payments while also protecting customer information," said Anthony Jabbour, executive vice president for FIS Core Processing and E-banking. "The prompt payments generated by this system will, in turn, improve the vendor's revenue cycle and will provide financial institutions with a revenue-generating service offering. Additionally, when with other FIS solutions, the result is a powerful value that brings increased revenue and client loyalty."
For more information, visit www.fidelityinfoservices.com.