E-invoicing
MasterCard, Aliaswire roll out online bill pay service for MasterCard Prepaid Programs Wednesday 9 June 2010 | 11:19 AM CET

MasterCard Worldwide has rolled out a new bill payment service targeted at MasterCard prepaid card issuers and program managers, as well as their cardholders.

This new service leverages the capabilities of payment platform and services provider Aliaswire, combined with the bill payment solutions of MasterCard RPPS, to offer MasterCard prepaid partners a bill payment service that integrates with their prepaid card program and enables MasterCard prepaid cardholders to pay bills online or via telephone.

Through MasterCard Online Bill Pay, MasterCard prepaid cardholders can schedule and make bill payments directly through their provider’s cardholder website. For added convenience, payments can also be made via telephone, in English or Spanish. Cardholders can view payments once posted and set reminders for upcoming due dates to help avoid late payments.

Through an agreement with Aliaswire, MasterCard will leverage Aliaswire’s PayVox electronic bill payment solution, designed specifically for prepaid cardholders. This new service allows for secure integration with an issuer’s infrastructure, eliminating integration fees. In addition, the service enables delivery of electronic bill payments to more than 6,000 national and regional US merchants via MasterCard RPPS.

Aliaswire operates a Platform as a Service (Paas) to deliver payment solutions in the areas of personal electronic payments, commercial electronic payments and underbanked electronic payments through its mPay, PayVox and DirectBiller services.

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