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Atlanta, Georgia Office

3930 East Jones Bridge Road
Atlanta
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Owings Mills, MD Office

25 Crossroads Drive, Suite 200
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Los Angeles Office

11150 Olympic Blvd, Suite 600
Los Angeles, CA
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The Hague, Holland Office

Loire 200-202
The Hague
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London, UK Office

Baker's Hall 7 Harp Lane
London
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Singapore Office

30 Cecil St. #22-02/08 Prudential Tower
Singapore
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Scottsdale, Arizona Office

7272 E. Indian School Road
Scottsdale
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Jersey City, NJ Office

10 Exchange Place, 23rd Floor
Jersey City
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Brookfield, Wisconsin Head Office

255 Fiserv Drive
Brookfield
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Sydney, Australia Office

Level 14 124 Walker Street
North Sydney
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Luxembourg Office

4 Rue d'Arlon
Luxembourg
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Uxbridge, UK Office

7 Roundwood Ave
Uxbridge
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Lake Mary, Florida, US Office

600 Colonial Center Pkwy
Lake Mary
FL
US

Telephone

617-217-2816

Contact

Melanie Cousins
[email protected]
Back to all Fiserv announcements

Fiserv Expands Digital Payment Suite with Updates to CheckFree RXP

- CheckFree RXP platform now supports account-to-account transfers in addition to bill payments and person-to-person payments
- Consumers also have access to a new same-day bill payment option

Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, announced today that the CheckFree(R) RXP(R) money movement platform has been expanded to support account-to-account transfers and same-day bill payments. These new functionalities integrate with the existing bill payment and person-to-person payment capabilities available through CheckFree RXP to create a robust digital payments suite for financial institutions. While the elements of this suite can be utilized a la carte, they are designed to drive increased transactions when offered together.

The new account-to-account transfer and same-day payment capabilities available through CheckFree RXP enhance the functionality of digital banking for consumers while providing financial institutions with fee-based revenue opportunities. Financial institutions that offer a consolidated set of frequently used money movement tools – bill payment, person-to-person payments and account-to-account transfers - become a destination from which consumers can move money any way they choose. Fiserv facilitates these transactions through its network, which connects thousands of businesses and financial institutions with millions of consumers.

"We want our members to turn to us first for their daily financial needs, and we believe if we provide the right services, they will,” said Heather Moshier, Executive Vice President of Information Technology, San Diego County Credit Union. “Offering a variety of integrated payment options including person-to-person payments and same-day bill payments allows us to stay relevant while delivering an excellent overall member experience.”

“Consumers send and receive money many ways every day, and financial institutions can win more transactions by offering a wider set of payment services,” said Tony Catalfano, division president, Electronic Payments, Fiserv. “Fiserv data shows that financial institutions that are offering person-to-person payments along with bill payments are seeing an increased number of overall transactions among users, and we expect to see similar increases with the addition of account-to-account transfers to CheckFree RXP.”