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Fintech News for Payments professionals

US Bank launches eBill service

Source: US Bank

U.S. Bank today announced eBill Service, a simple-to-use electronic bill presentment and payment solution designed for both billers and payers.

For billers, eBill Service streamlines operations, reduces billing costs and delivers innovative payment experiences. For payers, it provides numerous flexible payment options -- from online and mobile to text, digital assistant, and Intelligent Voice Response (IVR).

“U.S. Bank eBill Service helps billers get paid faster by giving customers simple, secure ways to make payments how, when, and where they want,” said Rich Erario, executive vice president and head of Global Treasury Management at U.S. Bank. “Flexible and efficient digital payment options provide important working capital benefits for our clients. To deliver these capabilities and the best service, we teamed up with Alacriti, an organization that shares our commitment to payments innovation.”

U.S. Bank eBill Service is a simple-to-use solution for government agencies, higher education, insurance companies, utilities and other industries that serve consumers and small businesses. eBill’s built-in security ensures data and privacy protection meet standards for PCI DSS, HIPAA / HiTech and the website is ADA WCAG 2.0 compliant.

“Alacriti is proud to collaborate with U.S. Bank, a recognized leader in faster payments, to introduce this enhanced e-billing solution to U.S. Bank’s commercial and corporate clients,” said Manish Gurukula, co-founder and CEO of Alacriti.

U.S. Bank is a leader in payments and financial services innovation. As the bill-pay market continues to evolve, U.S. Bank is committed to staying focused on developing solutions that help billers stay a step ahead. The bank’s collaboration with The Clearing House was instrumental in bringing real-time payments on the RTP® network to market in 2017. Since then, U.S. Bank has continued to stay at the forefront of emerging technology meant to meet clients’ ever-changing needs. 

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