Walletron, Speedpay form pact to present bills in mobile wallets
Walletron, a provider of bill presentment and payment capabilities into consumers' mobile wallets, has announced a strategic alliance with Speedpay.
Speedpay now offers Walletron moBills, enabling biller clients to present personalized notifications, bill information, and a streamlined payment experience to customers smartphones without customers ever needing to download an app, according to a press release.
Speedpay established its relationship with Walletron to augment its service, designed to help billers meet growing consumer demand to receive electronic bills through their smartphones. Walletron will deliver new capabilities to participating Speedpay clients, which include enterprises across the mortgage, auto-finance, insurance and utility industries, according to the announcement.
Walletron moBills operates within the native mobile wallets on the leading smartphone operating systems—Apple Wallet on iOS, and Android Pay on Android.
When a customer needs to pay the bill, they simply tap "Pay My Bill" within their mobile wallet. They are then automatically presented an active session on a Speedpay-powered website, and the wallet handles the authentication. From there, the customer finishes the payment process. In essence, bills can be paid with just a few taps, with no username and password to remember or key in. When a customer has the moBills card in their wallet, they can view current bill information, update notification preferences, view a copy of past bills, and access their account page.
"We are delighted to work with Speedpay to open a new channel of communication for their biller clients, which will streamline the bill payment process and eliminate the need for traditional paper statements," Walletron CEO and Founder Garrett Baird said in a statement.