Mobile browser bill pay solution
The increasing dominance of smart phones such as the iPhone and Android has led finance technology provider Online Resources Corporation (ORCC) to introduce a new Mobile Browser Bill Pay solution, aimed at businesses wishing to respond to consumer demand (view press release).
The new browser solution comes as an add-on to the biller’s existing payment system, which allows customers to pay their bills whilst on the go, making the payment process more efficient for mobile users who have previously had to pinch and zoom in on payment websites designed for desktop computers.
“In today’s fast-paced, multi-device environment, consumers increasingly expect to pay their bills through a variety of channels and through the most convenient means,” Janie West, chief marketing officer of ORCC, said. “Billers can [now] deliver a user-friendly solution that allows their customers to better manage their bills through any payment channel, whether it’s mobile, web, or telephone.”
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more
