26 May 2018
visit www.ebaday.com

South African banks roll out nationwide e-billing and payment service

14 January 2014  |  3772 views  |  1 Login deatil 2

Bank-owned clearing house BankservAfrica has teamed up with vendor ebpSource to launch a South Africa-wide electronic billing and payment service.

The system lets retail customers manage, view and pay their bills from the security and convenience of their banks' online portal, as well as other connected channels. Instead of having to handle dozens of bills arriving separately each month, the e-billing portal enables consumers to view, query and pay everything at one time, from one place, with a single log-in.

Nedbank is already live with the service and two of the largest municipalities in South Africa have also connected for the delivery of local taxes and charges.

Martin Grunewald, CEO, BPO unit, BankservAfrica, says: "Consolidated billing and payment improves customer service and removes the need to print and deliver paper bills. It also enables billers to take advantage of the banks' ability to provide a secure end-to-end process for bill viewing to payment, clearing and settlement and even online document storage."

Comments: (1)

Bo Harald
Bo Harald - ZEF, Transmeri, Demos, Real Time Economy Program - Helsinki Region 14 January, 2014, 20:40

How about being able to send invoices - just like payments. Easy and very small investment needs.

Be the first to give this comment the thumbs up 0 thumb ups!
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Nedbank using social media to win over rival bank customers

Nedbank using social media to win over rival bank customers

08 January 2014  |  9075 views  |  1 comments | 20 tweets | 10 linkedin
FNB taps instant messaging for mobile money transfers

FNB taps instant messaging for mobile money transfers

02 September 2013  |  6357 views  |  0 comments | 5 tweets | 2 linkedin
MasterCard and Absa launch dual debit-credit card with built-in display

MasterCard and Absa launch dual debit-credit card with built-in display

28 November 2012  |  12262 views  |  1 comments | 5 tweets | 7 linkedin
FNB launches banking via Facebook

FNB launches banking via Facebook

20 July 2012  |  14596 views  |  1 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdvisit www.ebaday.com

Who is commenting?

Top topics

Most viewed Most shared
satelliteAnt Financial provides tech for China Ever...
24032 views comments | 3 tweets | 2 linkedin
Digital banking transformation creating new systemic risksDigital banking transformation creating ne...
8708 views comments | 18 tweets | 26 linkedin
MUFG to roll out blockchain payment network next yearMUFG to roll out blockchain payment networ...
7453 views comments | 13 tweets | 13 linkedin
There are some things you just can't do with an appThere are some things you just can't do wi...
6598 views comments | 9 tweets | 15 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job