CyberBills Now Offering "Pay Anyone" Service to Financial Institutions as a Complete, Online Payment Management Solution They Can Brand.Business Editors & High Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Aug. 23, 2000 Banks Can Now Give Customers the Ability to Pay Anyone Using a New, More Flexible Billpay Solution CyberBills, the first company to offer Total Bill Management(TM) over the Internet, today announced it is now offering its Pay Anyone service as a stand-alone solution, complementing its end-to-end product, Total Bill Management(TM). Banks and other financial institutions can customize CyberBills' Pay Anyone service, to give their consumers the ability to pay all of their bills, to anyone, on one Web site. "This new service is designed to offer bank customers a complete online payment management solution that is both simple to use and more feature-rich than any other product on the market today," said John Simpson
John Cody Fidler-Simpson CBE (born August 9, 1944), commonly known as John Simpson , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CyberBills. "We believe financial institutions can gain a competitive edge by using our Pay Anyone service to strengthen customer relationships and increase customer retention. CyberBills can also handle any conversion from existing bill payment vendors, making it a smooth transition for our partners." Using Pay Anyone, bank customers can make single or several payments at the same time and schedule recurring re·cur intr.v. re·curred, re·cur·ring, re·curs 1. To happen, come up, or show up again or repeatedly. 2. To return to one's attention or memory. 3. To return in thought or discourse. payments quickly and easily. After each transaction, customers receive a confirmation email at their personal email accounts email account email n → compte m (e-)mail , eliminating the need to log-in each time to confirm that a payment was made. In addition, Pay Anyone allows for unlimited categories under Payee The person who is to receive the stated amount of money on a check, bill, or note. payee n. the one named on a check or promissory note to receive payment. PAYEE. The person in whose favor a bill of exchange is made payable. Management, so customers can choose to generate comprehensive customized reports and download all of their payment data into popular personal finance software programs, such as Quicken A popular financial management program for PCs and Macs from Intuit, Inc., Mountain View, CA (www.intuit.com). It is used to write checks, organize investments and produce a variety of reports for personal finance and small business. and MSMoney. CyberBills also empowers financial institutions to offer an easy upgrade path for customers who want to move from the Pay Anyone service to the full suite of Total Bill Management services- a feature not found in competitive offerings. "CyberBills continues to meet and exceed the needs of financial institutions by bringing to market the technology and services they need today and tomorrow," Simpson added. "Pay Anyone is the latest example of our customer-focused approach to providing whatever level of online bill presentment See EBPP. or payment service our partners and their online customers require." About CyberBills Founded in 1998, CyberBills is the first company to offer Total Bill Management(TM) over the Internet. CyberBills, based in San Jose, Calif., has rapidly developed and deployed methods and technologies to support a single interface that allows customers to view, pay, manage and automate all of their bills over the Internet. CyberBills' services are available through a variety of channel partners including banks and financial institutions, brokerage firms, technology companies as well as financial and e-commerce portals. CyberBills also offers Total Bill Management(TM) directly to consumers at its own site, StatusFactory.com. The company handles bills and invoices in any format: paper, E-bills and as input from Biller bill·er n. One that bills, as: a. A clerk who prepares bills. b. A machine used in preparing bills. Service Providers. For more information about CyberBills, visit www.cyberbills.com. |
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