Fiserv Inc., a global provider of financial services technology solutions, announced today the launch of its Snap-to-Pay capability for select Fiserv mobile banking and payments solutions, which enables consumers to pay bills with a "snap" of their smartphone cameras.

Essential bill information, such as the company to be paid and the amount due, is captured by taking a picture of a paper bill, and then used to automatically populate the appropriate fields on the smartphone screen. Snap-to-Pay leverages mobile imaging technology from Top Image Systems that enables mobile devices such as smartphones and tablets to accurately capture information from documents of all types and sizes.

Snap-to-Pay allows consumers to set up a new biller to be paid, pay their bill and enroll in electronic bill presentment if they would like to have future bills delivered to their account as e-bills. Users save time and can avoid input errors because the functionality eliminates the need to tap in large amounts of information on the phone keypad, making bill payment a "snap," the company said.

Snap-to-Pay functionality will be available this month as part of Mobile Direct from Fiserv, a comprehensive mobile billing and payment solution for billers that includes apps and mobile-optimized websites, the company said.

"The launch of Snap-to-Pay reflects the ongoing evolution of the Fiserv payments vision," Ginger Schmeltzer, SVP, Emerging Payments, Fiserv, said in the announcement. "It's important that we make the end-user mobile payment experience easy and friction-free in order to drive adoption, and capturing bill information with Snap-to-Pay is an embodiment of this concept. Snap-to-Pay is a timesaver, and that is a valuable convenience for people who want to pay a bill and get on with their day."

Learn more about mobile bill payment.