Billtrust, the leader in Customer Centric Billing, today announced the immediate availability of QR codes for biller statements. The service lets consumers and businesses pay their bills online in a single step, simply by scanning the QR code with a suitably-equipped smartphone.
With this new addition to their suite of payment services, Billtrust can imprint a QR code on any outbound billing document. When the recipient scans the code they are taken to a mobile web page for instant electronic payment. Pertinent billing information is already entered on the page, making payment a streamlined process. The QR code can also be used to bring a user to an online billing site where enrollment is easily initiated.
"QR code availability is one more way Billtrust meets the convenience needs of both billers and their customers," said Flint Lane, Billtrust CEO and President. "It's no secret that the mobile Web is expanding rapidly. QR Codes help billers reach their consumers who are interacting with them via smartphones and tablets. For end customers, payment via QR code is perhaps the fastest, easiest way yet to securely and accurately make payments from anywhere—at home, at work or when traveling."
Billtrust's QR service follows guidelines established by the Council for Electronic Billing and Payment (CEBP), part of NACHA, The Electronic Payments Organization.
"QR codes printed on bill statements can provide an easy and convenient bridge for traditional paper customers to make electronic payments," commented Robert Unger, AAP, Senior Director, NACHA. "The QR Encoding for bill Payment Guidelines represent an industry effort to standardize the experience for customers, providing reliability and certainty as well for billers, financial institutions and service providers that enable consumer bill payment applications. We are excited about working with companies like Billtrust to rally the industry around the voluntary standards and creating a market for QR code usage."
To encourage usage, Billtrust is making QR Code for Billers available at no charge for their customers enrolled in their btConnect for eBanking service. btConnect for eBanking lets billers expedite the bill delivery and payment process by allowing consumers to receive and pay y their bills at their bank's billpay site.