Top Image Systems (TIS) will integrate its self-service mobile bill payment application MobiPAY with Allied Payment Network’s mobile photo bill pay solution, PicturePay.
A long-term transaction-based deal to this effect was signed between both sides.
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PicturePay integrates with multiple optical character recognition (OCR) engines, and TIS’ image capture technology via MobiPAY will significantly improve the automated entry of payments in Allied’s system.
TIS Americas EVP and GM Avi Mileguir said: "We are enthusiastic about cooperating with a market leader such as Allied to enhance the user experience of their PicturePay mobile payment product that allows a user to Point, Shoot and Pay their bills.
"Allied is committed to boosting mobile bill pay adoption by delivering a simple, reliable bill pay service that enhances the relationship between financial institutions and their customers in a cost-effective way; this partnership signifies a strong win-win for TIS and Allied."
In future, TIS will collaborate with Allied, its customers and partners to enhance their user experience and continue to automate the bill payment workflow with TIS’ MobiFLOW platform for end-to-end processing of bills and related documents.
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By GlobalData
