International payment transaction company VocaLink has bought out its joint venture partner, Fiserv, to become the sole owner of OneVu, the UK consolidated electronic bill and data presentment service.

OneVu is a critical online banking service for many of the UK’s leading corporates and banks including Lloyds Banking Group and The Royal Bank of Scotland. OneVu has 280 million bills under management and is supporting its corporate customers in their move away from paper bills. By consolidating a number of online bills, UK consumers can benefit from reduced prices and the convenience of having a number of household bills in one secure place.

The OneVu portal debuted as an online banking-based EBPP joint venture developed by VocaLink and Fiserv subsidiary CheckFree. It allows consumers to visualise, track and pay bills online via their internet banking portals. OneVu integrates with online banks’ websites and is currently available on the websites of three banks – Lloyds TSB, Royal Bank of Scotland and NatWest, made accessible to almost nine million online banking consumers.