With Billpayperless small businesses can invoice customers electronically and can accelerate their cash flow by getting paid faster through electronic payments.
Small businesses can set up a branded website, hosted by iPay and integrated with PayPal’s checkout functionality. Customers will be allowed to pay the small business online with a credit card or a PayPal account. When payments are made, the money will be deposited directly into the business account and the owner will be notified about the transaction by text or email. Invoices are automatically updated in the Billpayperless receivables management system to reflect the electronic payment.
Billpayperless plugs into iPay Biz 2.0, a customizable small business bill pay solution. As a result, Billpayperless helps drive incremental fee income while expanding a financial institution’s small business customer base.
Additional features of Billpayperless include: set up electronic invoices that match the small business’s branding; send invoices electronically via email as a PDF, or print and mail invoices; control access by setting user entitlements to delegate invoicing responsibilities; use templates to design customized invoices and payment websites; receive automated notices for invoices that need to be printed, unpaid invoices, unfinished invoices or delivery failures and store customer records securely online.
