By Michelle Whittaker
Many of you may already be aware of the benefits that Online Bank Direct (OBD) provides – but for those of you who aren’t, I wanted to highlight this innovative solution that has the potential to revolutionize the way you handle check payments submitted via a payer’s bank bill pay solution. OBD offers numerous benefits that streamline the payment process.
For Billers: Streamlined, Efficient Processing
Billers will appreciate the simplicity and efficiency of OBD. The system streamlines the payment process by automatically matching payments made through a payer‘s bill pay solution to customer accounts, eliminating the need for manual review. Moreover, OBD simplifies the handling of misdirected funds. With just a single click, you can quickly and seamlessly return the funds to the correct location. Payments are automatically deposited into your designated account, ensuring efficiency and reliability.
For Your Customers: A Seamless, Secure Payment Option
OBD allows your customers to pay invoices through their trusted bank, offering the security and familiarity they value. This is particularly beneficial for senior customers who appreciate the reliability of paying through their own bank.
With OBD, the days of writing checks, buying stamps, and worrying about mail delays are over. Your customers will save time, energy, and resources, eliminating unnecessary trips to payment locations. This not only makes their life more convenient but also contributes to a more environmentally friendly payment process.
Embrace the future of payments with Online Bank Direct. It’s more than just a payment method; it’s a revolution in how we handle money, streamline reconciliations, offering convenience, security, and efficiency for all.
What would you do with the time saved by not having to manually match payments?
Ready to take the leap? For more information, check out this page and fill out the form to chat with a team member.