Suitable for smartphones and tablets, as well as SMS text interaction across the billing cycle, the new platform offers billers and their customers a suitable, mobile-optimized application and enables them to execute mobile bill payment.

ACI Worldwide electronic bill payments & presentment product line manager senior vice president Janie West said the new technology will offer an enhanced level of customer service, and also decrease costs from fewer paper bills, thus improve their margins.

Features of the mobile bill pay platform comprises better services through a proven payment platform for multiple channels, various payment alternatives, capable to fully integrate with existing online payment services including mobile web, apps, text, computer, and online banking.

ACI Worldwide powers electronic payments and banking for more than 1,650 financial institutions, retailers and processors, while its software enables $12 trillion in payments each day.