Brookfield-based Fiserv Inc. technology solutions has announced the launch of its Snap-to-Pay capability, which enables consumers to pay bills quickly and easily with a snap of their smartphone cameras.
Essential bill information, such as the company to be paid and the amount due, is captured by taking a picture of a paper bill, and then used to automatically populate the appropriate fields on the smartphone screen.
Snap-to-Pay leverages mobile imaging technology from Top Image Systems (TIS), which enables mobile devices such as smartphones and tablets to accurately capture information from documents.
Snap-to-Pay allows consumers to set up a new biller to be paid, pay their bill and enroll in electronic bill presentment if they would like to have future bills delivered to their account as e-bills.
Snap-to-Pay functionality will be available as part of Mobile Direct from Fiserv, a mobile billing and payment solution for billers that includes apps and mobile-optimized websites.
The Snap-to-Pay functionality will also be available via Mobiliti from Fiserv, the industry leading mobile banking, alerting and payments solution used by nearly 1,600 financial institutions and millions of bank and credit union customers worldwide.