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Bill Payment Systems

The Precomm’s Payment solution is a web-based , Terminal –based and Koisk- based tool that enables a merchant to act as Precomm, Inc payment agent allowing their customers to pay their bills or load a variety of pre-paid debit cards.

Being POSA based, the Precomm’s solution is an easy to use, menu driven application that can be accessed anywhere an Internet connection is available or a POSA terminal is available.
You will be able to have payments sent to thousands of participating Billers nationwide as well as monitor your payment history via this Precomm’s backend Web Console Reporting system.

Once your payment has been entered, the payment will forwarded to the Biller through the Precomm’s system. The Biller will be contacted to let them know that your payment is on its way. With the number of payment locations on the rise throughout the country, it means you will be able to make payments almost anywhere you travel.

Precomm’s Pasport TM is a very stable and dependable platform, and as the number of Biller participants increase, the system will easily accommodate the growth. The point-and-click functionality makes the bill payment process fast and easy, both for existing and new accounts. Most importantly, the user screens are easy to read and understand making the system user friendly for anyone!

A large segment of the American bill paying public is made up of individuals that, for whatever reason, do not maintain a bank checking account. Nevertheless, we understand that there are still bills to pay, and those bills are not only from local creditors that can be visited and paid in person, but they are bills from creditors located elsewhere. Now there is a solution: the Precomm’s Pasport Bill Payment solution.

Individuals without checking accounts represent a market in need of a solution. The Bill pay solution meets the need by providing a way for everyone to pay all of their bills or load a variety of pre-paid debit cards at one convenient location. It does not matter where the Biller is located, Precomm’s Pasport platform can perform the transfer of funds from a cash paying customer to a Biller or debit card Provider easy and efficiently.

Typically, money orders are purchased to send payments by mail. Purchasing one money order for each bill payment can be a hassle. Instead of purchasing money orders, with this service an account can be established at an Precomm, Inc pay station so that a customer can return to the location each time a bill needs to be paid. Or, once an account has been set up within the system, they can visit any Precomm, Inc pay station location, anywhere in the country, to make a payment.

The local payment agent offering the service typically charges a modest fee for facilitating the transaction, and payment is then transferred to the Biller or Provider.  Precomm, Inc system utilizes a worldwide network of Billers, and the number of Billers continues to increase with time. Large and small Billers are included in the various networks, and local Billers within your area can be added for your convenience.

If payments are typically made to local Billers, the Billers can be easily and quickly added to the Precomm, Inc solution.

Other notable findings from the Harris Interactive survey include:


• Forty-seven percent of the respondents who pay bills online through their financial institution’s website said they do so because they believe it is more secure, citing confidence in the security measures their financial institution takes for personal financial protection.

• Nearly half of survey respondents (49%) cited that they feel their personal financial information is most vulnerable while they are online. Making online purchases (24%) and phishing (18%) were the top-rated scenarios where they feel most at risk.

• Women are more likely to handle their/their family’s bill-paying on a regular basis than men (overall 75% versus 66%, respectively). However, men (44%), more so than women (40%), pay their bills online through their financial institution.

• Predominantly both women (50%) and men (47%) selected “zero liability on any fraudulent activity to my account” as the most or second most enticing offer to get them to pay their bills through their bank’s/financial institution’s website

 
Discover® Network and the Discover® Network Acceptance Mark are service marks used by nFinanSe under license from
Discover Financial Services LLC.

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