E-Mail-based EBPP System Launched
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Secure document company MicroVault Corp. launched an Electronic Bill Presentment and Payment (EBPP) solution called NetCourier that uses e-mail "to bring control, convenience, and confidence to both billers and consumers."
The company said that billers such as telephone, credit card, mortgage and utility companies can prepare their recurring bills and deliver them to their customers directly via an e-mail attachment.
The consumer can open the e-mail attachment, review it, and then pay the bill by entering a personal identification number (PIN) and clicking on the "pay" button -- with no need to visit a biller's or consolidator's Web site.
Consumers can be presented with a variety of pre-established options for paying bills, which can include credit cards, off-line debit or check cards and electronic checks. The process uses MicroVault's NetSecure advanced encryption technologies and doesn't require any special software or downloads.
"Businesses and consumers worldwide are beginning to realize the advantages of electronic billing. By introducing secure e-mail delivery and payment into the picture, we are giving billers and consumers more control and simplifying the process for faster consumer acceptance of electronic billing," said Nick Rini, president of MicroVault.
NetCourier pricing is based on enterprise licenses and volume of transactions.
Separately, MicroVault announced a partnership with Interface Systems Inc., a provider of Legacy-to-Internet (L2I) technology.
Interface technology converts mainframe-based content or legacy data to Internet-ready formats, providing the content for electronic bill and statement presentment via the NetCourier EBPP e-mail delivery solution. Financial terms were not disclosed.
The partnership means that rather than evaluating and purchasing component pieces, a company can now purchase a complete system -- from data conversion of billing to consumer e-mail delivery and reply.