Jack Henry & Associates Introduces Electronic Bill Presentment and Payment Solution

Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services mainly for the financial services industry.

Its well-known JHA Payment Solutions group recently announced the availability of JHA EPS SmartPay Biller Direct, an electronic bill, invoice, and payment solution.

Industry Studies have reporting that over half of all bills are paid directly via biller sites.

Therefore, in order for JHA to provide comprehensive solutions to commercial clients, financial institutions must provide billers with support for the critical billing and collection cycle.

SmartPay Biller Direct allows customers to pay bills using checking and savings accounts, credit/debit cards, PayPal, and also digitized cash via Jack Henry & Associates’ partnership with PayNearMe.

Greg Adelson, general manager of the JHA Payment Solutions group, added, “Financial institutions need to partner with their business clients to help them collect payments over as many of the evolving payments channels as possible. SmartPay Biller Direct offers an opportunity to provide business customers with complete control of their bill presentment and payment process. This fills a gap in financial institutions’ payment platforms, empowering a stronger strategy to attract and retain profitable commercial customers.”