Online and mobile bill payment services to the financial industry: the real value of Allied Payment Network.
In this ecosystem, this is difficult to be trusted
because there are lots of factors to overcome. However, Allied Payment Network is paving its way in terms of technologies, partners
and customers. Its new milestone includes ACI Worldwide, into its assets as a one of the international providers of electronic
payment and banking systems.
The stake of this partnership relies on the capacity to offer same-day bill
payment capabilities through Allied’s mobile photo bill pay solution, Picture
PayTM. This means, Picture Pay will integrate with the ACI Bill
Payment Engine and proprietary Biller Endpoint NetworkTM (BEN), an
electronic biller network that delivers millions
of payments.
Connectikpeople.co observes that, the goal is to simplify the bill payment
process as much as possible while driving this process to the more convenient
mobile channel.
Henceforth with Picture Pay, mobile banking users simply take a picture of
any bill with their smartphone, enter the amount and payment date, and the bill
is paid. Picture Pay’s technology reads the data from the bill, and then syncs
with the user’s bank or credit union to process the payment.
About Allied Payment Network
Allied Payment Network is a visionary and innovative company that applies
emerging bill pay technologies for the financial industry and its customers.
The company was created to make the bill paying process easier and more
convenient for the consumer, and more efficient and cost effective for
financial institutions. With its solution, Picture PayTM, whose
imaging software is powered by Mitek’s Mobile Photo Bill Pay technology, Allied
has pioneered the first mobile point, shoot and bill pay application for
smartphones. For additional information on how Picture Pay is enabling
financial institutions to more successfully promote mobile bill pay to their
customers and members, visit www.AlliedPayment.com.