Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Partnership for bill paying at checkout lanes kiosks
BROOKFIELD, Wis. (10/24/08)--A partnership between Fiserv and PayScan will allow Fiserv’s CheckFreePay customers to pay their household bills at retail checkout lanes and self-service kiosks. The solution will use a “smart bar code” on the bill to record processing rules, including payment data from a customer bill such as an account number. By scanning the bill at an existing retail point-of-sale terminal, a cashier or consumer can submit a payment without manual entry. Consumers can bring one or more bills into a participating location, scan it at the checkout lane or kiosk, make a payment and leave with a receipt. The payment will arrive electronically at the biller. “We believe in-lane bill payment services will transform the walk-in bill payment landscape,” said Paul Harrison, CheckFreePay senior vice president and general manager. “For retailers, it will provide a more efficient walk-in bill payment process that leverages point-of-sale bar coding to reduce the chance for error. Billers could realize reduced processing costs, while their customers will enjoy a more convenient payment experience.” Fiserv provides information management and electronic commerce systems solutions to financial institutions, including credit unions. PayScan America develops solutions for bill payment.


RSS print
News Now LiveWire
Why is a #creditunion a good fit for you? http://t.co/i4pGT98mkT via @MONEY
3 hours ago
The numbers are in: Home Depot data breach impact on #creditunions = $57.4 million, 7.2 million credit/debit cards http://t.co/jorYSOYuxj
4 hours ago
.@Nussle : We'll back off when retailers accept their breach responsibility #NewsNow http://t.co/7WxDXicb6j
7 hours ago
RT @asmarterchoice: RT @daily_finance: Top 5 money management tips for 30-somethings http://t.co/mWRfDRSTE7
7 hours ago
Operational efficiencies focus of new @CUNA program #NewsNow http://t.co/qBYHKVYeQN
7 hours ago