US Bank brings Request for Payment to billers

Wednesday 17 November 2021 11:08 CET | News

US Bank has expanded its Request for Payment (RfP) services to help billers provide a better bill payment experience to customers. 

With RfP capabilities added to US Bank eBill Service – a digital solution for accounts receivables teams – US Bank commercial clients will now have access to a fully integrated bill delivery and payment platform with the RfP capabilities.

With RfP, consumers will be able to choose to have their bills delivered directly to them through their bank’s website or app. RfP reportedly provides consumers flexibility and convenience in paying their bills and certainty that the payment has cleared, instantly. Payments can be made 24 hours a day, 365 days a year. Billers reportedly benefit from RfP – which are sent over The Clearing House’s RTP network – in many ways, including immediate settlement, reduced costs due to less paper payments, and improved visibility into when the payment will be made. 

The US Bank eBill Service enables billers to offer their customers simple payment options through their preferred channel. US Bank also added popular features to its real-time payments offering, such as pay-by-text, Apple Pay, Google Pay, and Amazon Alexa.

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Keywords: banks, Request to Pay, direct carrier billing, e-invoicing
Categories: Banking & Fintech
Countries: United States
This article is part of category

Banking & Fintech