Southern Auto Finance Company (SAFCo) has chosen ACI Worldwide’s (ACIW’s) UP bill payment solution to boost consumer convenience and reduce payment processing costs.
Leveraging the new technology, SAFCo’s customers can now pay their loans electronically on a mobile device, computer or via phone with a debit card or Automated Clearing House (ACH).
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Additionally, the users will have the option to sign up for an ongoing electronic bill payment relationship or to make their loan payment rapidly without doing any sign-up.
SAFCo chief financial officer Gary Stein said, "ACI’s electronic bill payment technology gives us a competitive advantage by providing our customers the easiest and most flexible ways to make their loan payments, resulting in both operational efficiencies and significant cost savings for SAFCo and our customers."
ACI Worldwide vice president and product line manager Scott Fitzgerald commented, "We’re seeing forward-thinking consumer finance organizations expand their flexible bill payment options to include mobile and debit cards."
"These capabilities provide consumers fast and convenient payment options that make it easier to do business with loan providers."
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