Using Biller Directories to Facilitate Faster Payments
Delivering solutions that facilitate treasury efficiency and cost savings is top of mind for every bank. That is why innovative new solutions, such as Remote Payment and Presentment Service (RPPS) biller directories are so attractive. In this session, speakers discuss the latest trends in RPPS biller directories and examine how the push to drive electronic bill payments has revealed a greater need to enable client connections to RPPS biller directories in order to more efficiently and cost-effectively remit bill payments on behalf of end consumers. The discussion will include looking at how offering connectivity to biller directories helps drive certainty of payments reaching billers and incentivizes customers to utilize digital payment channels. It will also explore benefits to financial institutions, businesses and their customers, and how this solution delivers a better overall user experience.