eBillme has released a new revenue sharing program for financial institutions, bill pay portals and walk-in networks. As part of this new program, eBillme will offer a revenue share for every eBillme transaction generated by the third party, which is an opportunity for financial institutions to leverage their investment in online banking, expand their online bill pay offerings and generate new revenue.
Marwan Forzley, president and CEO of eBillme, said: “eBillme leverages online banking for eCommerce checkout to give consumers a secure way to pay with cash online. Consumers bank and pay bills online because they trust their financial institution. This new program is an opportunity for financial institutions to give customers that same sense of security and confidence while shopping online and to finally be able to turn a profit in this sector of their business.
“And for merchants, this program will bring cash-paying customers to the eCommerce sector at a time when the consumer demand for ways to pay with cash is at an all-time high. We are looking forward to welcoming more financial institutions into this program to make eBillme valuable to them and their customers.”
Steve Karp, senior vice president of enterprise payments strategy at SunTrust, said: “As the payment preferences of our clients continue to evolve, we are always looking for innovative ways to meet their needs, and this is especially true for online commerce transactions. Security, convenience, and ease of use are very important to our clients when it comes to making purchases online, and we feel that eBillme brings tremendous value in these areas.
“This relationship allows SunTrust to extend the value and utility of our online bill payment service, while at the same time providing our clients with unique discounts and incentives at the more than 800 online stores that accept eBillme.”
