By Mohammed Waseem
Bill payment has become so easy today that with a few clicks in a few seconds, we can pay our bills while at home or on the go. Billeo, a leading online shopping and bill pay service provider works towards simplifying and speeding up online and mobile payments. They have association with leading banks and financial institutions, over 20000 billers, 1500 merchants and have over 1.5 million customers.
Their services include XpressBuy and XpressPay. XpressBuy is meant for online marketplaces, and it enables them to drive easy and instant purchases directly from their website or from the customer’s phone or tablet. It offers a fast, simple and secure checkout service across a variety of merchants. This works with a “Buy” button which the merchants add on their websites. XpressBuy supports many of the top 500 merchants, such as Nordstrom, Kohl’s, Sears, Target, and Buy.com. They are continuously working on adding more merchants to the list. The service also works with wallets used by the merchants, and Billeo offers its own wallet as well. They also offer customer solutions such as use of social media in creating business
XpressPay is meant for bill payment and delivers a simple, instant card-funded bill payment service across a variety of billers. It enables a bank to drive instant bill payment with a bank-issued debit or credit card right from the bank’s existing bill payment tool. XpressPay looks up the amount and date due of a bill and completes the bill pay process in just a few seconds, from any online or mobile device. A bank enables XpressPay by placing a “Pay Now” button next to a supported biller. The customers click this button and are redirected to the payment gateway, without leaving the bank’s website.
Billeo’s XpressPay and XpressBuy solutions are available to customers through merchants and financial institutions. They also offer a browser app which works with Internet Explorer and Firefox as a browser add-on to help manage online financial transactions in a faster and more organized way. Billeo’s Bill Pay Assistant allows users to pay bills from more than 11,000 sources, like water delivery, rent, taxes and medical bills. It also includes reminders for due bills.
Billeo’s services are good for financial institutions who intend to engage better with their customers, and for the merchants who want a simple checkout process.