A large segment of the American bill paying public is made up of individuals that, for whatever reason, do not maintain a bank checking account. Nevertheless, we understand that there are still bills to pay, and those bills are not only from local creditors that can be visited and paid in person, but they are bills from creditors located elsewhere. Now there is a solution: the VendiStore Electronic Bill Payment solution.
Individuals without checking accounts represent a market in need of a solution. The VendiStore Bill Payment solution meets the need by providing a way for everyone to pay all of their bills at one convenient location. It does not matter where the biller is located; VendiStore Bill Payment can perform the transfer of funds from a cash paying customer to a biller or creditor easy and efficiently.Internet Based - User Friendly!Being Internet based, the VendiStore Bill Payment solution is an easy to use, menu driven application that can be accessed anywhere an Internet connection is available. You will be able to have payments sent to thousands of participating billers nationwide as well as monitor your payment history via the system.
Once your payment has been entered, the payment will be forwarded to the biller through the VendiStore Bill Payment system. The biller will be contacted via an internal messaging and reporting system to let them know that your payment is on its way. With the number of payment locations on the rise throughout the country, it means you will be able to make payments almost anywhere you travel.
Benefits
- Licensed to operate in all fifty US States
- Merchants can set their own retail rate
- Settle payment with our merchants daily
- Earn their portion of payments daily for the first ninety days
- Full-time, licensed compliance officer on staff
- Solution can be deployed quickly
- Complete, real-time reports package
- Re-brand or private label
- Operate within existing customer management systems
