Billeo Announces Alliance with ICBA

This alliance allows banks to increase customer stickiness by offering a private-label version of the Billeo Biller Directory, the largest Directory available of companies that accept bill payments online with credit or debit cards. The Billeo Directory has nearly 6,000 companies across 26 categories, including utility, cable and credit card companies.

Billeo streamlines the way consumers purchase goods and pay bills online. From one-step password log-on to one-click completion of online shopping forms and bill pay, Billeo allows consumers to save hundreds of hours each year-all while increasing their on-hand cash and maximizing the benefits of credit card reward programs. And Billeo gives consumers the freedom to choose how and when they will pay-via credit card, debit card, or directly from their bank account. Bills can even be paid on the day they are due, giving consumers access to their funds until the minute payment is necessary. With Billeo payment is instantaneous and a payment confirmation is automatically captured, saved and filed.

Billeo card issuer partners are realizing significantly greater and more varied card use, as well as increased brand loyalty. Billeo partners can easily integrate electronic bill pay via debit or credit card into their existing business and IT infrastructure. And Billeo is the only EBPP provider that has over 40 U.S. banks/issuers, including six of the top ten banks/issuers.