Fiserv today announced that U.S. Bank has selected Biller Advantage from Fiserv, which enables the bank's business customers to provide electronic billing, presentment and payment options to their customers, according to a press release.

"Consumers are looking for ways to simplify their finances and streamline their bill payment process. Our business customers want to meet this demand and offer consumers the best and most user-friendly billing and payment options," Sam Robb, senior vice president of U.S. Bank, said in a statement. "Biller Advantage from Fiserv will allow us to offer a multichannel EBPP solution to our business customers — a new offering that will allow them to more efficiently send bills and quickly accept payments. It is a complementary extension to our existing e-payment suite of biller services."

Fiserv said in the announcement that Biller Advantage enables businesses to present electronic bills to customers at the business’s website or through the more than 4,000 financial institutions that are part of the eBill Distribution network from Fiserv. Electronic payments are accepted through a variety of channels including online, mobile, automated phone system and customer assisted phone system.