PayLynx for Small Business
Small Business.Huge Opportunity
What small businesses have to say about Business Bill Payment, powered by CheckFree:
|
| “If I can save time on administrative tasks, I can devote more energy to making my
business grow.”
“To me, the best feature is that I can look at everything on the web. So, even if my family is on vacation, I can still keep up with my business.”
Source: CheckFree Analytic Research Service,
Small Business Focus Groups
|
There’s nothing small about the growth opportunity with your small business members. Small business owners typically carry higher balances than your retail members. They use more of your banking services than the average member, which makes them more profitable for your credit union. Plus, they tend to be more loyal and they’re willing to pay for your services. All this adds to up to tremendous opportunity for your credit union to stand out to your small business members.
One way to deliver higher value to your small business member population is with an online bill payment tool tailored to their particular needs.
Special Needs. Special Tools. The Right Features.
Small businesses pay bills, too. But their bill payment requirements differ from those of your retail members. That’s why PSCU Financial Services conducted extensive market research and developed Small Business Bill Pay especially for the emerging small business segment in your membership. Small Business Bill Pay leverages the industry leading bill payment platform from CheckFree and includes the special security, invoicing, and receivables functionality that small businesses need to efficiently manage their accounts payable activities:
- Enhanced accounts payable functionality, including extended remittance
- Authority levels for tighter security and better auditing
- E-bills
- Alerts and reminders
- Integrated fraud protection with CheckFree’s FraudNet
Implement.Launch.Support.Grow.
Getting an online bill payment program in place for your small business members takes an experienced team. Our dedicated eServices support team manages every element of your program from implementation through launch.
And that’s just to get you started. Our 24/7 contact center includes experienced bill payment representatives standing by at all hours to help your members with any bill payment questions or issues.
Because new programs don’t always grow by themselves, we can help design ongoing penetration and activation strategies to get the word out about bill payment to your small business members.
More Information
For more information on our products and services please click here or contact us at today at (800) 443-7728, Ext. 7877.
|
