BillWallet® is our patented, proprietary, AI-based solution that eliminates the friction of forgetfulness by delivering a fast-pass experience everywhere your customers pay—allowing them to make bill payments 4X faster than before.
Authentication (remembering account numbers and passwords) continues to be the #1 reason customers abandon their bill payments. Every forgotten password or account number turns into an unpaid bill, frustrated call, or lost customer.
BillWallet® replaces all of that with a single secure ID that works across any payment channel.
80% of bill payments
are abandoned at login, the point of user authentication2
That’s a lot of payments riding on your customers’ memories.
60% of payments
are made as one-time payments3
That’s a majority of your customers logging in each month to pay their bill.
The average U.S. household pays
12-15 bills per month4
That’s a lot of information to keep track of and remember.
U.S. consumers as a whole manually enter account details more than 9B times annually.5
BillWallet® solves this challenge by replacing disparate logins with one secure ID.
ONE-TIME REGISTRATION:
Customers sign up using just an email—no account numbers or passwords required.
SECURE VERIFICATION:
We verify their identity and issue a single BillWallet® ID, which works across all channels: web, mobile, IVR, and even voice.
LINK BILL DATA ONCE:
Users link their billing accounts and payment methods once. From then on, BillWallet® remembers everything.
PAY IN SECONDS:
Future payments are easier than ever. Customers simply confirm their BillWallet® ID. No logins. No lag. No friction.
Contact sales@paymentus.com to learn more about how your organization can unlock the unprecedented power of BillWallet® today.
1 Up to 4x faster checkout vs. traditional bill pay. Based on internal benchmarks. Results may vary.
2 Internal Paymentus Data
3 How Americans Pay Bills Report, 2023
4 ibid
5 ibid
