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Partnership for bill paying at checkout lanes kiosks
BROOKFIELD, Wis. (10/24/08)--A partnership between Fiserv and PayScan will allow Fiserv’s CheckFreePay customers to pay their household bills at retail checkout lanes and self-service kiosks. The solution will use a “smart bar code” on the bill to record processing rules, including payment data from a customer bill such as an account number. By scanning the bill at an existing retail point-of-sale terminal, a cashier or consumer can submit a payment without manual entry. Consumers can bring one or more bills into a participating location, scan it at the checkout lane or kiosk, make a payment and leave with a receipt. The payment will arrive electronically at the biller. “We believe in-lane bill payment services will transform the walk-in bill payment landscape,” said Paul Harrison, CheckFreePay senior vice president and general manager. “For retailers, it will provide a more efficient walk-in bill payment process that leverages point-of-sale bar coding to reduce the chance for error. Billers could realize reduced processing costs, while their customers will enjoy a more convenient payment experience.” Fiserv provides information management and electronic commerce systems solutions to financial institutions, including credit unions. PayScan America develops solutions for bill payment.


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