Overview

In-Lane Bill Payment

Reporting Systems

THE IN-LANE BILL PAYMENT SOLUTION

What Is In-Lane Bill Payment?

In-lane bill payment is revolutionizing the walk-in bill payment industry. It uses a patented, “smart” bar code technology that allows bill payments to be processed at the point of sale. With in-lane bill payment, your consumers can have the convenience of paying their bill wherever and whenever they purchase household items.

How Does It Work?

To participate in the in-lane bill payment program, billers add a smart bar code to their customer’s invoice. This bar code can be printed anywhere on the bill stub, a statement insert or other defined medium. The bar code contains all the data elements required to process a payment and can be read by existing retail POS scanners.

The bar code makes the payment process convenient for your consumer.

1. Biller provides consumer with a bill statement containing a smart bar code
2. Consumer brings bill to a participating retail chain
3. Bar code is scanned, at which time it is recognized, validated and converted into payment instructions
4. Payment is collected along with any applicable fees
5. Consumer receives a detailed receipt as proof of payment
6. Payment data and funds are sent to biller

What Are the Benefits?

In addition to the current benefits of a walk-in bill payment solution, in-lane bill payment also:

• Eliminates the need for manual entry of the consumer’s information and therefore reduces the number of errors
• Brings walk-in bill payment to mainstream retail locations
• Maximizes consumer satisfaction because bill payment can now become a seamless part of retail shopping trips

For more information on the CheckFreePay in-lane bill payment solution, please visit www.checkfreecorp.com or call 800.532.9696, option 8.