Picture Pay is set to integrate with the ACI Bill Payment Engine and proprietary Biller Endpoint Network (BEN), an electronic biller network that delivers payments to approximately 9,000 electronic biller endpoints each month.
With Picture Pay, mobile banking users take a picture of any bill with their smartphone, enter the amount and payment date and the bill is paid. Picture Pay’s technology reads the data from the bill and then syncs with the user’s bank or credit union to process the payment. Picture Pay’s standardized bill payment option typically takes one to three days.
In recent news, ACI Worldwide has established a Latin America headquarters in Sao Paolo, Brazil and extended the leadership team.
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