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Bill Payment with Visa

Partner with Visa to reach your business goals

Smart businesses recognize that a strategy for long-term success requires increasing revenue, cutting costs, improving cash management, and building customer relationships.

Fortunately, there’s an easy way to help you achieve these goals: Accept Visa for bill payment.

A winning offer for you and your customers

Companies that accept Visa for bill payment know that it’s smart business. It can lower outstanding receivables, improve cash flow, and reduce collection costs and bad debt. You collect the full amount for the transaction, often sooner than with a mailed payment, and there’s no risk of bad checks or delays. In addition, customers reported a high degree of loyalty to merchants who accept their cards for bill payment.

Customers appreciate the convenience of paying bills with their Visa cards because it eliminates the hassle of writing checks, buying stamps, and getting everything in the mail on time to avoid late payments.

Two options for accepting Visa for bill payment

You have the flexibility to decide how you want to accept Visa for payment.

1. Manual bill payment lets you take payments online or over the phone. The customer simply contacts you with their Visa card account number, and you make the transaction immediately.

2. Automatic bill payment allows you to set up customers to have their bills charged to their Visa card automatically on a pre-determined date each month. Once automatic payments are established, you benefit from guaranteed payment and reduced customer service expenses.

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Fast Fact

Why You Should Accept Visa for Bill Payment:

Twenty-seven of the largest thirty bill payment merchants in insurance, telecommunications, and cable accept Visa in at least some of their markets.

(Source: Visa Payment Panel Study, 2003; Visa Statistics, 2001-2003)