Fiserv today said Citizens Bank has renewed its deal for multiple digital payment capabilities, signing a seven-year extension for CheckFree RXP, Popmoney, and TransferNow.
The IT deal enables Citizens Bank to continue offering electronic bill payment, person-to-person payment and account-to-account transfer functionalities to meet its retail and small business customer payments needs.
CheckFree RXP offers control over the bill payment process, by delivering intuitive electronic billing and payments experience. Customers can receive electronic bills (e-bills) from hundreds of billers.
Popmoney enables users to pay others from an existing bank account using a recipient’s name and email address or mobile phone number, and for small businesses to send invoices, said Fiserv.
TransferNow can be used to transfer funds to or from their own non-Citizens Bank accounts, making overall funds management easier by eliminating extra steps involved in withdrawing and depositing money at different banks.