BARCODED BILL PAYMENT
PayScan® technology is a patented payment solution that makes in-person bill payment a natural part of a consumer purchase. This technology transforms a familiar point-of-sale station or kiosk into a payment location for barcoded bill payments. No new hardware is used – standard point-of-sale components can already handle the patented PayScan barcodes, which can utilize a variety of traditional and 2D barcode formats. The result? Consumers can now pay their household bills at convenient point-of-sale locations – as easily as buying a book of stamps.
With the PayScan® approach, the walk-in payment methods of yesterday are obsolete – no more service counters, manual data entry, error-prone transactions, document retention, long lines, and complicated paper forms. Just scan the bill, pay the desired amount, get a receipt. What could be simpler?
PayScan® technology is revolutionary. For the first time, bill payments can be made as part of a normal consumer transaction at a POS station.
- Billers want it – to save costs, improve cash flow, and give customers their choice of convenient payment locations and payment methods.
- Consumers want it – because, finally, bills can be paid as normal shopping errands, without checkbooks, home computers, or special trips.
- The point of payment is enhanced – generating a high-margin revenue stream, driven by the nearly 20 billion annual U.S. bills. Existing in-lane scanners and transaction practices avoid checkout delays, inventory, new equipment, or additional labor.
Get ready for the most convenient payment service ever offered...soon available at point-of-sale stations at familiar locations in your neighborhood.