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Article: Are You Tracking Accounts Receivables?

Contact Us:
2230 Towne Lake Parkway
Building 400, Suite 110
Woodstock, GA 30189
Phone: (800) 397-2380
Fax: (770) 928-9328
tygh@vantagecard.com

Security and Confidentiality of Email Bills and Payments

NextBill operates on an SSL-enabled web server to prevent unauthorized access to important customer information. No mission critical operations may be performed through a web interface. All biller-level configuration operations must take place from a work station with direct network access to the NextBill database server. Password fields are encrypted within the database. NextBill also contains its own email encryption plug-in for web browsers.

Internet Security
NextBill provides security using Secure Sockets Layer (SSL) over the Internet. SSL automatically enables end-to-end encryption to prevent hackers from seeing the billing and payment information. Future NextBill Internet security options might incorporate digital certificates, which can authenticate both ends of the conversation.

Bill Formats
EBPP customers (end-users) select from standard bill formats: HTML, PDF, and text. The NextBill Customer Profile database contains each customer’s billing format.

Payment Processing
Customer payment authorization using NextBill is very easy. After viewing an electronic bill, a customer simply clicks a “Schedule Payment” hyperlink at the bottom of the bill. The customer is automatically linked to the biller’s secure payment screen, which contains summary information about the current bill and a pre-filled “Payment Date” field that lists the due date and “Payment Amount” that lists the amount due. The customer can change either the payment’s effective date or the amount to be paid. To authorize payment, the customer simply clicks the “Pay Bill” hyperlink. NextBill then sends a response screen to the customer containing the payment information and a “Confirmation Number” for the transaction.

NextBill warehouses a customer payment until one (1) day before its effective date. On that date, the system generates an ACH debit for transmission to the biller’s bank. The system also generates effective date payment updates for export to the biller's legacy system. The biller’s bank receives the ACH payment and enters into the Federal Reserve’s ACH System. The payment reaches the customer’s financial institution and is posted to the customer’s account on the effective date.

NextBill warehouses a customer payment until one (1) day before its effective date. On that date, the system generates an ACH debit for transmission to the biller’s bank. The system also generates effective date payment updates for export to the biller's legacy system. The biller’s bank receives the ACH payment and enters into the Federal Reserve’s ACH System. The payment reaches the customer’s financial institution and is posted to the customer’s account on the effective date.