Regions BillerXchange® enhances traditional paper billing and payment processing by enabling businesses of all sizes to replace paper bills, statements, invoices, payments and documents with more efficient digital alternatives.
BillerXchange is secure and simple to use. Benefits include fast payments and improved internal billing and posting processes. The solution also enhances the payer’s experience by providing the convenience of online payment acceptance.
Better yet, three options are available to accommodate your specific needs. Use the chart below to help choose which BillerXchange option is right for your business.
Regions BillerXchange Solution Options & Features table
| |
Xpress |
PayNow |
Enterprise |
| Bill Presentment Options |
No bill or invoice presentment to the payer |
Manually upload bills/invoices to website for presentment to payer
|
Secure File Transfer Protocol (SFTP) transmission enables automated bill/invoice upload to your business’ website |
| Bill Payment Options |
Online ACH
Online Card
CSR Module - allows the biller to manually post payments for the payer
|
Online ACH
Online Card
CSR Module - allows the biller to manually post payments for the payer |
Online ACH
Online Card
CSR Module - allows the biller to manually post payments for the payer
Interactive Voice Response (IVR) – provides payer the option to pay by phone through an automated system |
| Payment Enrollment |
Allows the payer to establish recurring payments on a specific day of each month for a specific amount |
Provides additional recurring payment options |
Provides additional recurring payment options |
| Reconciliation Reporting |
Manual download of A/R report or file available |
Manual download of A/R report or file available |
SFTP delivery of A/R and/or manual download of A/R report or file |
| Website Design |
White-label web portal
Regions integrates BillerXchange with your existing business website |
White-label web portal
Regions integrates BillerXchange with your existing business website |
Single Sign-on (SOS)
Secure Hand-off (SHO)
Regions integrates BillerXchange with your existing business website |
Key business advantages:
- Cost-effective – platform delivers a rich set of tools once only available to large corporations
- Faster payment – reduces days sales outstanding compared to traditional paper billing and improves cash flow
- Configurable platform – allows flexibility to decide what payment methods to accept and features to offer
- Configurable portal – includes company logo and branding that makes payers feel at home
- Optimized for mobile transactions – customized website is accessible using mobile and tablet devices
- Secure and compliant – offers the comfort of working with a trusted partner and the assurance of industry-leading compliance standards
Benefits for your customers:
- Anywhere, any device – payers can submit payments online or using their mobile device
- Save time and money – no need for your customers to write checks, buy stamps, stuff envelopes or go to the post office
- Quick and easy – payers can view bills, make payments and set up recurring payments in a few simple steps
- Multiple payment methods – customers are able to pay in a way that suits their lifestyle
Could Regions BillerXchange benefit your organization?
If your business sends customers recurring bills, invoices or accepts online contributions, Regions BillerXchange could help improve cash flow and provide convenience to your customers.
Talk with a Regions Treasury Management Officer or Relationship Manager today. Or visit regions.com/treasury.