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The Bill Payment Module (BPM) gives customers an efficient
alternative to checks and postage by automatically generating
payments they authorize verbally or electronically.
BPM Benefits
- The BPM system can increase funds
held on deposit at a financial institution. Customers
centralize their funds for payment and control, while
merchants and tax agencies maintain accounts that benefit
them with same day transfers and improved cash flow.
- Payments made electronically can cost as little as
one-third the amount of payments made by check.
- BPM is a new source of revenue with automatic payment
charges.
- Customers appreciate the convenience BPM offers.
Connect3 Interface
- PremierEcom customers can manage bill payment functions
on-line.
Bill Payment Module Features
- Bill Payment Control
- Automatic Service Charges
- Multiple Payment Methods
- Check Register
- Loan Escrow Payments
- Vendor Authorization and Payment Control
- Account Updating During Normal Processing
- Integration With Other ITI Products
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