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Bills Payment


Timely issuance of bills and their payment are two crucial features of modern life. Most utility companies print bills and mail to customers. The customers then have to go to the banks or respective offices to pay their bills.

Statistics show people across the world increasingly prefer access to electronic bill payment systems that facilitate timely payment. The Sulphurtel bill payment system is a step ahead in this direction.

SULPHURTEL BILL PAYMENT SOLUTION

Sulphurtel offers utility companies a unique and patented Mobile Transaction Platform that enables them to issue bills electronically, wirelessly and securely to their customers on the mobile phones.

The MTP enables the settlement partner (essentially a bank) to issue various bank and credit cards on the customers mobile phone such that he customer does not need to carry the physical card.

The MTP consists of a turnkey solution which includes the product, system integration, training and maintenance. Sulphurtel would set up and brand the MTP as per banks requirement, and develop the necessary secure interfaces with its back- end system as well as the payment settlement systems. The MTP can be further scaled to offer other payment and value added services.

This will enable the utility company or any bill issuer to perform paperless transactions and perform various financial and non- financial settlements in real time. This will help the utility companies leverage their customer base and obtain increased customer loyalty. This will help the utility companies leverage their customer base and obtain increased customer loyalty. The technology helps increase differentiation against competitors and has started receiving a warm acceptance world wide.

BENEFITS TO THE CUSTOMER
  • Convenience of carrying out transactions while on- the-move, anytime, anywhere
  • Increased convenience through a secure, real time and paperless transaction
  • Reduced theft, fraud and mismanagement
  • Ability to maintain electronic records and access to VAS
BENEFIT TO THE BILL ISSUER
  • Enable over the air transaction, real time issuance of bills, quick settlements and high security features
  • Significant reduction in cost resulting from reduced printing and distribution of paper bills
  • Ability to accurately create and maintain electronic records and also profile customer behaviour and usage
  • Higher level of security reducing fraud and false transactions
  • Increase in customer acquisition and loyalty, reduce churn
  • Opportunity of providing other value added services to their customers.
BENEFITS TO MERCHANT
  • Opportunity for co-branding, cross selling and value added services
  • An additional revenue stream for the merchant
  • Convenience and ease of use results in higher no of transactions
  • Opportunity to offer personalized services for the merchant

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