Sep 212014
 

By Mohammed Waseem

Among the various types of organizations that offer bill pay, prepaid card providers is one. Most of these work in the country of origin, unlike some international bill pay solutions. Many prepaid solutions are offered only to people with a good credit score, but how about a service that is available for everyone? All users would have access to bill pay using this service.

The prepaid card service in question is AccountNow and it is meant for the residents of the United States. 100% approval of application is guaranteed, subject to identity verification. The users can use the card to withdraw money or make purchases anywhere in the world, where Visa Debit and MasterCard Debit cards are accepted.

AccountNowAccountNow allows users to pay bills within the United States, and this includes payments to service providers and even individuals. They guarantee speed, safety, ease, convenience and on time delivery. The bill pay service can be used to make one time payments or even setup recurring payments. Bills can also be paid over the phone, apart from paying them online.

This service is free of charge, which means no additional charges would apply for paying bills. However, using the prepaid card would attract a fee. To start paying bills, users of AccountNow prepaid cards should add payees to their account and schedule payments. All payments are completed using EFT (Electronic Funds Transfer), but if a particular payee does not accept electronic transfers, AccountNow sends them a check drawn on the user’s account. This check is mailed to the payee at no extra charge towards stamps and envelopes.

Users can also request for email confirmation notifying when the payment is sent. The report is however accessible online after the user has logged into their account. Users who already have an AccountNow card or are planning to go for a prepaid card that also allows them to pay their bills, AccountNow’s bill pay is a very good option. This link can be user to sign up for an account with them.

Aug 282014
 

By Mohammed Waseem

Electronic billing is becoming so common that it may totally replace paper bills in the future and customers may receive electronic versions of their bills on their electronic mail. The latter is happening in our times, but the former has not been stopped yet, perhaps due to adaptability issues.

Due to the rise in such services, companies have come up with solutions for other businesses to offer electronic bill presentment to their customers, allowing them to pay online, without having to even leave their homes. CenPOS is one such company that offers an EBPP solution (Electronic Bill Presentment and Payment) for businesses that issue bills to their customers.

EBPPThis is coupled with recurring billing solutions to allow the business to charge the customer periodically and automatically. The solution is aimed at going paperless and saving costs on printing and postage. It also reduces processing time and ensures customer loyalty due to the facility provided. Businesses can also add discounts to bills and add expiry dates to invoices.

SMS alerts can also be registered for being informed about the status of payment. These are coupled with high security and robust reporting tools to help the business analyze and take decisions. This solution works seamlessly with other CenPOS solutions.

Customers can enjoy the fast, reliable and secure bill payment service that is easy to use. They don’t need to login or register to make the payment, because it is frictionless. They can pay using a debit card, credit card or ACH or even tokenization and get notified with confirmation by SMS. They can also review bills across all CenPOS merchants in one place, saving them time and making it easier to track bills and manage finances. With recurring billing, businesses can also offer instalment schemes without any difficulty.

To get details on implementation and setup, businesses can contact CenPOS by email or they can call them at 1877 630 7960.

Jul 182014
 

By Mohammed Waseem

American Express offers bill pay services in many countries that it operates in. I had discussed about the service in the US in my previous article, which was an automatic payment service for recurring household bills. In this article, I will discuss the service available in Saudi Arabia.

In one of my previous articles, I had discussed about SADAD, the online bill payment system in Saudi Arabia. The system is widely used by almost every resident of the Kingdom and is easily accessible from the ATMs of almost every bank and online. American Express also allows the residents of KSA to pay bills through SADAD. The channels that can be used include ATMs of any bank, internet, telephone banking and branch visits.

American ExpressTo pay bills in person, the bank Amex has partnered with is Saudi Investment Bank. Payers can visit any branch of the bank and pay in cash or check. Checks must be payable to “Amex (Saudi Arabia) Ltd. – American Express [SADAD Number]”. Alternatively, the card holder can pay a bill through SARIE (Saudi Arabian Riyal Interbank Express) bank transfer.

American Express also offers the automatic payment service in Saudi Arabia, which they offer in the US, that we have discussed previously. For availing this service, the card holder is supposed to call Amex customer service number: 8001242229.

Amazingly, bills can also be paid from outside Saudi Arabia by depositing the funds in USD into the American Express’ bank account with JP Mogran Chase Bank in New York. The beneficiary bank is The Saudi Investment Bank and the beneficiary name is Amex (Saudi Arabia) Ltd. The details for this can be obtained from the customer service team or from here.

Jul 182014
 

By Mohammed Waseem

Among the credit card providers that offer bill pay service, American Express is an excellent choice. They provide an easy, convenient and time saving service to enable the card holders to manage recurring household bills. The holder of an American Express card has to register their card with participating merchants to avail this service.

Once registered, all bills are paid on time, automatically, without any additional cost to the card holder. In order to use the service, card holders need to look for the biller on Amex website and go to the former’s website (or access the service from biller’s website). When they access the biller’s website, they are provided with instructions to pay the bills; these may differ for each biller. After setting up automatic payments, all the payments can be tracked on American Express Account Statements.

Amex Automatic Bill PayIf the biller a card holder is looking for can’t be found on Amex website, the billers can be directly asked if they accept American Express Automatic Bill Payment as an option. Having registered for the service, it may take up to three billing cycles for charges to appear on the American Express Card Account Statement.

This link can be used to locate the billers and see if the service provider the card holder uses is supported. If a particular biller is not found, they should be contacted directly to enquire. Most billers send the paper bills marked “Paid” or “Do Not Pay” to indicate that the bill will be automatically paid. Alternatively, payers can use online bill presentment offered by the billers, if it is available.

An advantage of this service is that there is no fee associated with bill payments, which is not true with most third party bill payment services. In addition, card holders can enroll in a reward program and get rewards for using the bill payment service. By using this service, American Express card holders can save time, postage, late fees and bill payment fees.

Jul 142014
 

By Mohammed Waseem

Residents of the United States have loads of options to choose from, when they intend to pay their bills online. Most banks have begun to offer bill pay service to keep up with the demands of the customers and avoid losing them to banks that provide these services. In addition, many third party companies have been coming up with innovative concepts in bill payment.

People who hold MasterCard in the US can pay bills with their card, just by logging on to their website and filling the bill information. They provide the ability to search for billers by category and further narrow down by limiting them to a particular ZIP Code. The biller directory helps the payer find companies that accept MasterCard for bill payment. Billers can also be saved to setup reminders and pay bills in one click. Users are not required to login to make one time payments.

MasterCardBillers from a number of categories are supported including auto loans, cable TV, court fines, entertainment, ISPs, tolls, tax payments, utilities and insurance. From managing personal finances to running small businesses, payers get flexibility and control over the way they manage and pay bills. The fee charged may start at $3.

The service is simple to use and also have automatic payment scheduling option, which makes it a great bill pay service, on par with many leading services. Many billers also allow payers to schedule the date when the card is charged and to set a maximum limit to the amount they are authorized to bill them. In addition, the service also allows the payers to find contact information of the billers, so that they can contact them whenever they want to.

MasterCard offers the bill pay service in a few other countries as well. For instance, in India, they offer the bill pay service at MasterCardBillPay.in, where, customers are allowed to pay bills without registering or logging in. Registered users can setup reminders.

May 062014
 

By Mohammed Waseem

UK based PaySwyft allows customers to pay bills in under one minute on their website. They work on paperless solutions to decrease the use of paper and contribute to the green environment. The paperless solution helps in reducing manpower, storage, paper and postage costs. In addition, it is highly efficient and cost-effective.

PaySwyft is an electronic bill presentment and payment provider that allows customers to view and pay bills at any time anywhere. Any company can use PaySwyft to issue bills or invoices to their customers and offers them a variety of payment options including cash, debit cards and credit cards. The solution is free to use for customers. Once a user registers, he/she can receive bills online, schedule payments, pay bills, pay by cash at over 22000 PayPoint outlets across the UK, setup alerts and reminders and store bills online to access them at anytime, anywhere.

PaySwyftAuto reminders help the users to avoid missing a payment, thus avoiding late fees. Companies may offer early payment discount or other offers to PaySwyft customers, which the users can benefit from. They also offer a service called Dynamic Debit, which includes recurring bill pay facility and setting automatic payment for amounts below a certain user-defined limit.

Any company can become a part of PaySwyft, present bills and invoices and accept payments by cash or cards. There is no setup costs involved; they have to pay as they go. Transaction fee for bill presentment is £0.25 – £0.50 and for payment processing, it is £0.06 – £0.36.

An amazing feature of PaySwyft is that if a user chooses not to register, he/she can still pay a bill. All the user has to do is go to the PaySwyft website, enter the bill details, choose payment method and confirm the payment. This service is called Instant Payment and can be used by anyone in the UK to pay a bill without registering on PaySwyft website. Users who want to register for an account can use this link to do so.

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