Consumer Bill Payment Automation

Consumer payment demands are pushing consumer billers such as insurance, utilities and credit card companies to make new options available that would have been unimaginable just a few years ago. Consumers are increasingly turning to credit card, debit card, and eCheck transactions, and at the same time, seeking multiple options to pay their bills, including Internet, telephone, and walk-in locations. PayStream’s Technology Insights Report reveals that improved payment offerings not only provide ways for consumer businesses to get paid faster with less cost, but can also offer a competitive differentiation. The report is designed to help billers address many of the questions they face regarding their current payments offering. Targeted to financial managers who want to explore opportunities to improve consumer billing and paments, the report provides a comprehensive picture of trends altering the payment landscape. Six leading vendors in this space who offer automated payments solutions are profiled: CheckFree Corporation, ClearTran, EDS, Fort Knox National Company, KUBRA and Online Resources Corporation.

Additional Information

PayStream Advisors is a technology research and consulting firm, that improves the way companies plan, evaluate, and select emerging technologies to achieve their business objectives. The profiles featured in this report are based on our conversations with members of each vendor's management team. Each profile includes an assessment of the functionality of the solutions in each area of Consumer Payments Automation.