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Convenience Pay Services Executive Overview

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HP Business Process Outsourcing (BPO), a pioneer in the electronic payments industry, set the standard for electronic payment processing across all industries. HP Convenience Pay Services provides electronic, internet or telephone payment solutions anytime without upfront investment costs. Benefits include reduced Days Sales Outstanding (DSO) and better customer service.

With HP Convenience Pay Services you can offer your customers an electronic, internet or telephone payment solution anytime and without investing in technology and staff. We offer your customers alternative, anytime payment solutions via Web, telephone or wireless devices, without investing in technology and staff. Your customers gain control and convenience through a range of payment options including credit cards, debit cards and electronic checks (ACH and EFT), all available 24 hours a day, 365 days a year.

Multiple Payment Options

  • Phone via interactive voice response (IVR)
  • ePayments: ACH, EDI, EFT, FEDI, PCI
  • Offline batch payments
  • Credit cards, debit cards or electronic check
  • Over the counter
  • Recurring payments
  • Scheduled payments

At the same time, Convenience Pay Services' paperless transactions allow your organization to benefit from improved availability of funds, posting speed and accuracy, and secured transactions. You reduce or eliminate the need for customer service representatives to accept payments—and thus reduce your operating costs. And you will receive support and transaction inquiry service through multiple channels.

Enrollment capabilities provide added protection of payment data, efficient user processing with reuse of prior payment history, scheduling of payments, and recurring payment features.

Client Support Services

  • Live operator transaction inquiry and support
  • 24-hour online payment verification

Additionally, HP can consolidate remittance and financial data from external sources, like home banking services, into a standard financial electronic data interchange (FEDI) file format and/or proprietary format for account-posting purposes. This keeps you (or your lockbox) from having to manually process external “check and list” payments.

Consolidated Remittance Sources

All information is collected into a consistent electronic information stream. Convenience Pay Services delivers access to real-time information, which increases both your efficiency and your customers' satisfaction. By relying on our stability and experience, you can effectively bridge the gap between the paper and electronic worlds.

Demo Modules

Concentration Services Option

Receiving, reconciling, and processing payments from multiple sources can be a nightmare for all billers. HP Concentration Services–an optional enhancement to HP Convenience Pay Services–streamline the process for the biller, making bill-to-cash activities less cumbersome both in technology and processes.

Associations

HP is a participant of the PCI Security Council. The PCI Security Standards Council is an open global forum for the ongoing development, enhancement, storage, dissemination and implementation of security standards for payment account data protection. Learn more about the PCI Security Standards Council.

More Information

Concentration Services Fact Sheet

Convenience Pay Services At-A-Glance

For more information about what HP Enterprise Services can do for you, submit a business inquiry.




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