18 August 2017
Find out more

Online Resources introduces low cost Visa payments for utilities

06 October 2010  |  2038 views  |  0 Source: Online Resources

Online Resources Corporation (Nasdaq: ORCC), a leading provider of online financial services, today announced a new program that offers a lower cost option for utilities to provide their customers the ability to pay their bill with a Visa card.

Available now through Online Resources' eCom AdvantageSM suite of electronic billing solutions for payments, presentment and receivables, utilities may take advantage of a program that allows for lower merchant discount rates for Visa payments made in a channel in which a convenience fee is not assessed. eCom Advantage payment channels include the Internet, email, Interactive Voice Response (IVR) and call center environments. For example, utilities will have the opportunity to receive lower merchant discount rates for Visa payments made through the Internet, as long as no convenience fee is assessed for Internet payments.

Online Resources takes a comprehensive view of a utility's available payment channels and their
associated processing costs. By levering the full payment mix, utilities can take advantage of a low- or no-cost payment service that also maximizes options for as many as 60% of their customers who carry a Visa card.

"Now utilities can better serve their customers by offering preferred payment types and at the same time lower overall payment processing costs," said Robert R. Craig, executive vice president of eCommerce Services for Online Resources Corp. "We are very pleased to leverage
our full suite of integrated payment channels to make processing affordable for utilities."

 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.abe-eba.euvisit www.niceactimize.com

Who is commenting?

Top topics

Most viewed Most shared
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
10151 views comments | 8 tweets | 16 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8416 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7850 views 0 | 1 tweets | 9 linkedin
Uneasy sits the crown as cash use continues declineUneasy sits the crown as cash use continue...
7780 views comments | 3 tweets | 7 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job