Discover Financial Services, a large card issuer in the US, is offering electronic bills (e-bills) through the more than 3,000 banks and credit unions in the Fiserv bill payment network. Card members who pay their Discover bill online at their financial institution website will see an icon notifying them that a paperless, electronic version of their bill is now available at that site, and will be able to sign up for the service immediately.
Paperless e-bills contain all of the same information as traditional paper bills but are delivered to a financial institution website instead of a physical mailbox. E-bills are secure, convenient and clutter-free, enabling consumers to receive and store bills online at the same site where they are paid. E-bill recipients can schedule a specific date on which their bill will be paid and take advantage of features such as email reminders.
“The time is right for companies to expand their customers’ billing options with e-bills,” said Jardon Bouska, division president, biller solutions, Fiserv. “Fiserv research shows that one-third of online bill pay users now receive at least one e-bill, and that consumer interest has increased over the past two years.”
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