J.P. Morgan has announced the launch of Digital Bill Payment, powered by Paymentus, a leading provider of cloud-based bill payment technology and solutions.
With Paymentus, the firm will equip businesses with a single, modern platform for customer engagement, bill presentment and payments. This solution is part of the firm’s efforts to help clients digitize the entire receivables journey—via new innovations like request to pay and upcoming solutions aimed at automating the acceptance of virtual card payments.
“We couldn’t be more excited to work with J.P. Morgan to simplify how bills are paid,” said Dushyant Sharma, Paymentus President and CEO. “The combination of J.P. Morgan’s leading payments platform, our omnichannel payment operating system and Instant Payment Network™ ecosystem will provide clients every tool needed to more efficiently and effectively communicate, bill and collect payments from their customers.”