eBill Pay delivers improved bill presentment and payment experience
to consumers through smart phones and tablets
ENGLEWOOD, Colo.--(BUSINESS WIRE)--
The Western Union Company (NYSE:WU), a leader in global payment
services, today announced the release of an enhancement to its Western
Union® Speedpay® service designed to help billers
meet growing consumer demand to receive electronic bills through
smartphones and mobile devices. The enhancement also allows consumers to
pay their bills directly from their mobile devices with just one click.
The enhancement was developed with eBill presentment specialist,
Striata, and operates across multiple platforms and devices, including
Android™, Blackberry®, iPhone®, iPad®.
“Our Western Union® Payments Money Mindset Index shows that consumers,
whose use of mobile devices is outpacing all other media, are looking
for a wider range of payment options from billers,”
David Shapiro
,
senior vice president, Payments, Western Union, said. “Western Union is
dedicated to providing billers with robust bill pay solutions, while
giving consumers a variety of user-friendly options to receive and pay
their bills.”
One-third of Americans own a smart phone of some kind, according to Pew
Research, with nearly 40 percent using their smart phone for online
banking*.
Helping Billers Better Serve Their Customers
The Western Union Speedpay eBill payment and presentment, (EBPP),
solution helps billers reach consumers who prefer to access their email
from their mobile devices. The enhanced solution allows consumers to
receive gas, water, electric, mortgage, insurance and other bills as a
simple, secure email attachment that can be opened with just one click.
Consumers also enjoy the convenience, reliability and 24-hour access to
one-click bill payment processing.
“Email delivery of bills is ideally suited to the mobile channel.
Through an encrypted attachment, recipients are able to open, view and
pay their electronic bills on any email-capable mobile device or tablet,
without the need to download any application or software - it's as
simple as opening an email attachment,”
Garin Toren
, Striata, chief
operating officer, said.
For more information on Western Union services, visit www.westernunion.com.
*Pew Research Center, “Americans and their cell phones,” Aug. 15,
2011, p. 10
All trademarks, service marks, and trade names referenced are the
property of their respective owners.
About Western Union
The Western Union Company is a leader in global payment services.
Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union
Business Solutions branded payment services, Western Union provides
consumers and businesses with fast, reliable and convenient ways to send
and receive money around the world, to send payments and to purchase
money orders. As of April 24, 2012, the Western Union, Vigo and Orlandi
Valuta branded services were offered through a combined network of
approximately 500,000 agent locations in 200 countries and territories.
In 2011, The Western Union Company completed 226 million
consumer-to-consumer transactions worldwide, moving $81 billion of
principal between consumers, and completed 425 million business payments.
About Striata
Striata unlocks the power of email and mobile messaging. The company’s
electronic delivery solutions dramatically increase customer adoption of
paperless bills, statements, policies, marketing and other high volume
system-generated documents. The world’s largest financial services,
utility, insurance, retail and telecommunications companies achieve
unrivalled results by replacing print and mail with Striata’s
interactive electronic documents and transactional messages. Striata’s
enterprise platform, strategy and support services drive significant
paper suppression; deliver ongoing cost savings; accelerate payments;
enhance the customer experience and enable regulatory compliance. The
company’s comprehensive solutions expand the digital dialogue through
personalized customer lifecycle messaging, retail receipts,
notifications and alerts. A global paperless communications specialist
with over a decade of experience, Striata has operations in New York,
London, Brussels, Johannesburg, Hong Kong, Sydney and partners in North
and South America, Europe and Asia Pacific. www.striata.com
Source: Western Union