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Modern life presents people with a broad range of opportunities to make routine everyday tasks easier by employing various tools that turn time consuming processes into fast, logical, and timesaving procedures. One of the challenges faced by today’s consumers is managing personal bills that come from various organisations. Bills need to be settled periodically, in time and, preferably, with the minimum amount of time and effort spent doing it. This involves prioritising bill payments with respect to their order of importance. Today, an average family is forced to handle several bills every month ranging from gas, electricity and telephone to school fees and tax payments. This constant flow of bills and payments needs to be well-managed in order not to neglect something urgent and incur unnecessary losses. In tact with these changes, modern consumers are becoming increasingly more educated about the available technologies and as such are more demanding on the services they receive.

As the pace of life accelerates and customer awareness grows, new solutions are emerging. However, most of the available Electronic Bill Presentment and Payment (EBPP) solutions employ the Internet as a means of presenting and settling bills, a solution which is not yet convenient for a great majority of the population in emerging markets.

TranzWare Post Pay is an automated EBPP solution that is designed to effectively function in a multi-vendor environment in Western as well as emerging markets. The solution is equally beneficial in all respects: for payers, vendors and Billing Service Providers (BSP). The introduction of agents (e.g. post office, merchant, bank) into the system’s functional architecture makes TranzWare PostPay especially well-suited for emerging markets as, in addition to the Internet, these agents can provide a variety of access channels and payment options (e.g. cash at a post office). TranzWare PostPay is positioned as a stand-alone solution, which can be integrated with any set of processing or billing solutions.

TranzWare PostPay processes the operations of a servicing organisation (Billing Service Provider) and ensures presentment, collection, consolidation, delivery of bills to bill payers and acceptance of payments for services provided by public-and-utility organisations, including utilities, telecommunication services, individual taxation bills, school fees, and a multitude of other services. The system encompasses various methods by which bills can be settled. Settlement can be performed by means of Direct Debit from a customer account at agent banks, and can also be self-initiated via personal banking channels (e.g. Internet and mobile phones), at ATMs and teller desks at agent banks.

TranzWare PostPay provides servicing means for payers at non-bank agent organisations (post office, retailers), where payments can be carried out using either payment cards or cash.

The product supports clearing and settlement information transfer to a clearing bank, allows acceptance and processing of account files delivered from vendors, offers fee calculation facilities as well as preparation, formation and forwarding of notifications on key events (via SMS, e-mail and  post) for all  parties engaged in the EBPP process.

TranzWare PostPay supports the linking of bill payers into groups and also the design of the hierarchical structure of links between vendors.

TranzWare PostPay Benefits

For Customers:

For Vendors:

For Agents:

For a detailed list of features and further information please download the brochure or contact us.