Fiserv improves online bill payment service with CheckFree RXP
Oct 30, 2009 (Datamonitor via COMTEX) --
Companies: Fiserv, Inc. (FISV)
Fiserv, a provider of financial services technology solutions, has announced that CheckFree RXP, an online bill payment services platform, is being updated with features designed to increase consumer usage of online billing and payment.
The company has said that the new features, which include a bill pay widget, a tool for managing fee-based payments, and enhanced electronic bill activation and storage are being deployed via 'Feature Packs'.
Feature Pack updates are deployed centrally and enable the seamless implementation of new functions ensuring that the Fiserv network of financial institutions, billers and their customers have access to the most up-to-date online bill payment capabilities.
Erich Litch, senior vice president and general manager of consumer services at Fiserv, said: "Fiserv primary research and our experience with some of the most innovative financial institutions in the industry indicate that one of the best ways to encourage consumers to change their behavior and try a new online service is to make it readily available and highly visible.
"The average online banking user logs into their service 15 times per month. Integrating bill pay more seamlessly into the online banking home page makes it more easily accessible during these frequent visits, which can lead to increases in adoption, usage and on-time payments."
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Companies: Fiserv, Inc. (FISV)
Related terms: adoption, banking, billing, consumer, financial services, online, president, research, technology
