The CenPOS Express Checkout platform eliminates the cost associated with conventional paper-based billing and streamlines the collections process for billers and consumers alike. With electronic bill presentment and payment (EBPP), you get a faster, more convenient way to bill and receive money. Additionally, more than half of consumers are interested in doing away with paperless billing altogether.
Because transactions happen in real time, record keeping and reconciliation processes are more efficient and issues associated with double billing and later charges are eliminated to improve the customer experience. Delivery of electronic invoices via text and/or email with an immediate payment option expedites the collection process and reduces errors.
A rules-based engine allows for easy configuration to accept partial payments with explanations, bundle multiple invoices into a single payment, provide automated reminders of past-due balances, and add discounts or promotions while tracking the status of every invoice.
Working seamlessly with other CenPOS systems, invoices paid in any other fashion automatically update Express Checkout’s records to ensure that your customer’s account balances are always up to date.