Yodlee, a provider of online financial services, has announced that its expedited payments solution - Yodlee PayToday - is now available as a revenue generating addition to any financial institution's online banking website.The company said that financial institutions can take immediate advantage of the opportunity to generate new fee revenue by offering their customers the convenience of guaranteed, same-day electronic payments to hundreds of national and regional billers across multiple biller categories, including - credit cards, mortgage, auto finance, insurance, utilities, cable and wireless.Joseph Polverari, senior vice president of strategy and development for Yodlee, said: "Through Yodlee PayToday, Yodlee is able to deliver hundreds of well-known national and regional billers, such that a typical bill paying consumer could expect to be able to pay four or more monthly bills on an expedited basis, as necessary. This translates into a very big revenue opportunity for financial institutions."
Authoritative analysis and perspective for every segment of the payments industry
Authoritative analysis and perspective for every segment of the industry
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