Bank One Introduces New eBilling and Payment Services

Called the One Electronic Billing Service and the One Electronic Invoicing Service, Bank One’s new services offer both B2B and B2C options. The One Electronic Billing Service enables commercial customers to present bills and other documents to consumers on-line through muti-channel distribution, receive payments electronically, decrease the cost of bill and payment processing, support web-based interactive customer service and distribute cross-sell marketing messages. The One Electronic Invoicing Service enables customers to present invoices on-line, reduce the float time between sale and payment and decrease the cost of the invoicing, payment processing and customer service delivery. In addition, it enables customers’ trading partners to view invoices over the internet, dispute entire invoices or sections, download invoice and disbursement information, and interact with their supplier’s customer service and accounts receivables departments.

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