Solution

Electronic Bills Presentment and Payment (EBPP) solution allows billers and banks to manage the entire bill and payment cycle online, shortening days sales outstanding and eliminating costs traditionally associated with paper-based systems.

Madfoo3atCom will act as an electronic collection organization residing between the billers and banks (B2B ) which will receive billing information from subscribed billers and, in-turn, submits these bills to the banks. Banks will then be responsible for informing the customer of the payment acceptance, and will in turn send a message of the successful payment to Madfoo3atCom, who will forward it automatically and electronically to the original biller.

Solution Components:

  • Bank : A financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets.
  • Biller : A company or business that sends bills to and receives payment from consumers in return for goods and/or services.
  • Madfoo3at Platform.

What Madfoo3atCom Offers?

  •   Provides electronic bill presentation and payment (EBPP) services to the local market using secure payment channels.
  • —  Utilizes banks’ electronic channels such as Internet Banking, Mobile Banking, ATM, IVR and Call Centers to provide EBPP services.
  • —  Increase customer satisfaction by enabling them to pay their bills anytime and anywhere!

Last Tweets

Copyright 2017 Madfoo3atcom | All Rights Reserved