New Jersey-based Billtrust has launched btConnect for eBanking, a new addition to the company’s suite of btConnect accounts-receivable automation services.
btConnect for eBanking allows billers to expedite the bill delivery and payment process by enabling consumers to receive and pay their bills at their bank’s bill pay site. This results in improved customer satisfaction, lower billing costs, and a higher percentage of electronic payments, Billtrust said.
“btConnect for eBanking facilitates one of the fastest growing channels for paying bills — the customer’s own e-banking portal," said Flint Lane, Billtrust CEO and president. “As a customer-centric service, it is designed to improve how businesses transact with their customers. Even more, it eliminates paper, reduces labor and printing costs, and increases accuracy and efficiency."
btConnect for eBanking reaches thousands of the nation’s banks, improving the experience for the bank’s online billing customers, according to Billtrust. btConnect for eBanking provides a more convenient way to view and pay bills which results in accelerated payment velocity. When e-payments are made, electronic funds are typically available within 24 hours. The result is businesses receive settlement of their funds four-to-seven days faster than with a paper check, the company said.
btConnect for eBanking is now available as a complete service as well as a la carte eBank presentment and payment options.