UK-based international payment transaction company VocaLink has launched MyBillsOnline, a new online portal which enables consumers to view their bills and statements in one place regardless of which financial institution they bank with.

The launch of the new service follows VocaLink's recent announcement that it 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. The launch of MyBillsOnline will enable billers to further increase consumer adoption of their own electronic billing services. For the consumer, MyBillsOnline will allow users to manage their finances online by viewing, tracking and managing their bills from one secure site.