[March 20, 2013] Union Bank selects Fiserv's CheckFree RXP for electronic bill payment Tweet Mar 20, 2013 (Datamonitor via COMTEX) -- Union Bank, N.A. has selected CheckFree RXP from Fiserv, Inc., a provider of financial services technology solutions, to enable electronic bill delivery and payment via its online and mobile banking channels. "With CheckFree RXP, Union Bank can deliver capabilities, such as faster payments and e-bills, that compel adoption and usage of electronic bill payment among consumers," said Rahul Gupta, group president, Digital Payment Solutions, Fiserv. "Usability and accessibility are the keys to driving bill payment adoption, and Union Bank will deliver both with the integration of CheckFree RXP into their online and mobile banking services." CheckFree RXP leverages the Fiserv biller network to enable electronic bill payment, connecting businesses to financial institutions and consumers. The Fiserv network also enables the delivery of e-bills from utility, mobile phone and credit card companies. These data fed e-bills give consumers access to their bill details through the bank's billpay service, automating the bill payment process and eliminating the need to visit multiple websites to see and pay bills, Fiserv said. The "Payment Assistant" within CheckFree RXP will make it easy for Union Bank customers to receive, view and pay all their bills in one place. Customers will retain control over the payment process by choosing the date they want their bill to be paid from an interactive calendar, Fiserv added. According to the company, customers will also enjoy faster payment delivery, as most payments made via CheckFree RXP can be delivered the next business day or the same day. Most payments and accompanying data sent via CheckFree RXP are delivered electronically, resulting in accurate payments which can improve operational efficiency for the bank. Union Bank will also be using the CheckFree Builder web services API from Fiserv, which will allow them to customize the bill payment user interface. CheckFree Builder will also facilitate the integration of CheckFree RXP into the bank's online and mobile banking services. http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]