With Popmoney® for Small Business from Fiserv, a comprehensive electronic payments and invoicing solution, you can attract and retain small businesses by helping them better manage their cash flow.
Small business banking is one of the most profitable growth segments in today's financial services markets, with market demand rapidly increasing for electronic invoicing and payment solutions. Financial institutions can meet this increasing demand with Popmoney for Small Business, which offers a complete accounts payable and receivables solution that helps financial institutions penetrate the small business market without having to develop a costly proprietary solution.
Popmoney for Small Business allows small businesses to electronically conduct all their invoicing and payments transactions directly from their primary business account — without using third-party software or payment services. Businesses can also send ACH payments to vendors, employees and business partners with just the recipient’s email address or mobile number, eliminating the need for the payee to disclose their bank account and routing numbers.
Accepting payments, invoicing, and bill payment are all low-hanging fruit that banks can enhance to help small business owners adapt to the increasingly digital nature of payments.
– Innovation in Small Business Banking (Javelin, December 2016)
Popmoney for Small Business services are integrated with the financial institution's online banking environment, creating a seamless, consistent user experience for small business banking customers.
With Popmoney for Small Business, you can:
Payments features for Popmoney for Small Business include:
Invoicing features for Popmoney for Small Business include: