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07/22/2020

Faster Payments and Consumer Bill Pay

White Paper Now Available

Faster PaymentsAs follow up to the live webinar with Glenbrook Partners last month, the FPC is pleased to release our newest white paper:Faster Payments and the Potential to Transform Consumer Bill Pay. The paper can be accessed in the Faster Payments Knowledge Center of our website.

The white paper takes a close look at the two main models that serve the consumer bill pay industry today: biller direct model and bank bill pay model. The paper also explores how Request for Payment (RfP) messaging could bring the best of both models together to help transform the bill pay experience and the various barriers to adoption of faster payments in consumer bill pay.

Developed in partnership with Glenbrook, this research white paper takes a close look at the two main models that serve the consumer bill pay industry today: biller direct model and bank bill pay model. The paper also explores how Request for Payment (RfP) messaging could bring the best of both models together to help transform the bill pay experience and the various barriers to adoption of faster payments in consumer bill pay.

If you have questions, please contact us at memberservices@fasterpaymentscouncil.org.

Thank you for your continued engagement and commitment to advancing faster payments in the United States.

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Make Sure and Visit Our Faster Payments Resource Page

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