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billserv.com Signs Pact with CyberBills

Electronic bill presentment and payment service bureau billserv.com Inc. this week signed a distribution deal with CyberBills to transmit electronic bills from its biller customers to consumer members of CyberBills' channel partners and its StatusFactory.com portal.

CyberBills' online bill payment and presentment service lets consumers receive, view, pay, manage and automate 100 percent of their bills, whether paper or electronic.

"CyberBills is an ideal partner for billserv.com because our service bureau model calls for partnering with a variety of channels to distribute as many electronic bills as possible," said Michael Long, billserv.com's chairman and chief executive officer. Financial arrangements were not disclosed.

CyberBills "Total Bill Management" service is available through various channel partners as a private-label service and is also offered directly to consumers at StatusFactory.com, a consumer lifestyle portal.

billserv.com provides billers with a turnkey outsourcing solution for presenting bills to consumers for payment on the Internet. billserv.com serves an intermediary role between billers and bill aggregators by consolidating customer billing information from multiple billers and then securely delivering it to aggregators.