Today’s payment service providers need a unified payment aggregation platform that enable enhanced payment processing solutions and alternate delivery infrastructure for collections. Banks, Third Party Payment Providers and National Switches bear an unnecessarily huge operational expense to process collections for their government and corporate customers through the traditional brick and mortar infrastructure. Customers need a single front-end service window that enables them to retrieve and settle a number of bills, which remain consolidated at the back-end. IRIS Bill Payment is a multi-channel platform that enables your business to offer a robust, reliable and highly secure bill aggregation service to your customers.
IRIS Bill Payment is an Electronic Bill and Invoices Presentment and Payment Solution. It is a scalable solution which caters to diverse payment use cases including citizen to government (C2G), customer to business (C2B) and business to business (B2B) payments. It also allows you to configure payment rules for full, partial and advance collections, as well as allowing grace period and invoice/bill blocking in cases of delayed payments.
Businesses can use the payment processing solution to interact directly with online companies, host offline companies on their own and communicate with other payment aggregators.
Transform the Entire Payment Experience with IRIS Payment
- Bill presentment and payments
- Multi-channel support
- Biller integration in online and offline modes
- Dynamic addition of new billers
- Configurable for different processing rules
- Configurable as a billing gateway
- Fast & effective disputes resolution through payment reversals
- Grace period configuration and more!
Key Benefits
Reliable Processing
Diverse Payments
Business Continuity
Cloud-Ready
Scalable Design
Flexible Bill Aggregation
Liberia Marches Towards Interoperable Payment Ecosystem
A case study on how TPS enabled Central Bank of Liberia to drive payments interoperability in the country.
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