Tuesday, April 11, 2006

Banks launch online bill payment service - vnunet.com

Banks launch online bill payment service - vnunet.com:

James Watson, Computing 02 Feb 2006

High-street banks Lloyds TSB and HSBC will launch an electronic bill viewing and payment service for their internet banking customers in the second quarter of this year.

OneVu, a joint venture between payments company Voca and IT vendor CheckFree that provides banks with a consolidated bill viewing and payment system, was first announced in 2004, and has been in development ever since.

The system allows customers to use their usual online banking site to access account details from a variety of organisations, including utility companies and mobile phone providers, as well as making associated payments."

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