gotoBilling, a US-based software company which provides small businesses alternative payment options, is set to join the Secure Vault Payments network.

By joining Secure Vault Payments Network, gotoBilling intends to offer Secure Vault Payments through its resale partners to businesses across the US beginning with July 2011.

Via the SVP payment method, developed by NACHA - the Electronic Payments Association and global provider of online payments eWise, consumers are able to initiate payments on a merchant or biller’s website. Further on, customers will be automatically redirected to their own financial institution’s online banking platform to select which account they wish to use for payment. Consumers are then returned to the merchant or biller’s site, where they are to receive a payment confirmation.

gotoBilling provides merchants with alternative payment options via a single sign-on platform.