
BillPAID
BillPAID is an electronic network for prepaid, bill payment, stored value cards and international remittance of funds transactions.
BillPAID Platform
The BillPAID platform enables the processing of multiple transactions:
- Prepaid Wireless Cards
- Top-Up and Recharge
- Prepaid Long Distance Cards
- Prepaid Internet Access
- Prepaid Cable Television subscription
- Gift, Loyalty and Attraction Cards,
- e-toll
- Remittance
- Electronic Bill Payments.
These services are designed for a variety of retailers:
- Supermarkets
- Petrol Stations
- Convenience Stores
- Major retail chains
- Pharmacies
- Fast food outlets
- Independent operators
- Newsagents
- Banks (counter service)
BillPAID Benefits
Technology compatible and device agnostic, the benefits for the participating parties are:
For Retail :
- Become a destination for prepaid purchases, bill payments and other electronic transactions.
- Access to wide range of product inventory.
- Use valuable counter space more cost effectively and efficiently.
- Reduce the risk of managing printed prepaid cards.
- Increase store traffic and ticket value by offering multiple services at the Point of Sale.
- Manage performance by using BillPAID’s web based administration and reporting system.
For Banks:
- Transform your POS infrastructure into a prepaid processing center able to manage multiple transactions.
- Expand the capabilities of your POS network.
- Provide existing merchants with an innovative stored value card offerings for the “unbanked” population.
- Increase branch traffic flow by offering multiple services including bill payment at counter service.
- Improve Bank services to branch customers.
For Telcos and Service Providers:
- Distribute prepaid services electronically and securely through an extensive, mature and reliable network.
- Overcome distribution limitations and increase margins by making the distribution process more efficient.
- Eliminate printing, inventory and distribution costs associated with traditional prepaid cards.
- Remove inventory management challenges by replacing traditional cards with electronic Top-Up/Recharge.
- Increase sales by capturing new points of sale in the market – including over the counter bill payment.
- Manage performance by using BillPAID’s real time web based administration and reporting system.