With direct billing, an account holder authorizes their bank to pay an invoice presented by a third party within American territory by debiting the amount directly from their account.
Through this service, we offer a fast and secure way of paying for basic services, credit card balances or any other bills.
Benefits for bill issuers:
- Simplified processes.
- Greater control.
- More efficient.
- Better planning.
- Better customer service.
- Modern Image.
- Strengthens business relations with the bank.
Benefits for the customer (who sets up the direct billing arrangement):
- Better cash-flow administration.
- Ease and convenience as it avoids having to pay bills in person.
- Greater security as they do not have to carry cash.
- Option of rejecting undue debits.
- Payment receipt slip.
- Costs less than other payment methods.