Princeton eCom Enables Electronic Payments and Full Online Bill Presentment for Bill Me LaterR Custo

The Bill Me Later payment solution provides a convenient and secure method of paying for purchases online or via the telephone for those customers who prefer an alternative to credit cards. By only providing basic, top-of-mind information such as the birth date and the last four digits of the social security number, qualified customers gain online credit for their purchase instantaneously. Customers then receive a bill from Bill Me Later within 14 days, which they can pay in full or finance over time. Bill Me Later reduces transaction costs for merchants while dramatically improving the retailer’s conversion sales rates, average order value and customer satisfaction levels. Princeton eCom’s easy-to-use CollectPay Enrollment™ application lets customers make payments via several methods with multiple scheduling options. This lowers processing and customer service costs and allows better cash-flow forecasting. Additionally, customers can view the details of their bills and payment history via the Web. This solution is a part of Princeton eCom’s CollectPay suite of products for billers.