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ZashPay

Executive Summary

ZashPay Personal Payments from Fiserv is the new, easy way for people to send and receive money – quickly and securely – directly through their financial institution’s online and mobile banking services. Through Fiserv research, we have learned that consumers are increasingly interested in having more options for making and receiving personal payments. Examples of personal payments include:

  • Money owed each other for anything from concert tickets, shared travel expenses, or any other payment need when you don’t have your checks or cash;
  • Money sent for team or group fundraisers;
  • Student allowances or last-minute expenses; or
  • Money owed to babysitters who prefer to use their debit card over cash

Deploying a personal payment offering has never been easier because Fiserv powers this service through its bill payment solutions and the ZashPay Network – a proven payments infrastructure that enables you to offer the same quality, speed and intuitive usability you’ve experienced from our online bill pay solutions for over two decades.

ZashPay – What is it?

ZashPay is the new name for a personal payments service that enables consumers to send and receive money between each other usually within one business day – securely and electronically – through their financial institution's online channel. When financial institutions integrate ZashPay into their online channel, they offer a service and a brand that is backed by Fiserv, the industry's payment leader.

 

Why Choose ZashPay to Power Your Personal Payment Strategy?

Because ZashPay is powered by Fiserv, financial institutions and their consumers can rely on Fiserv to process this new method of money movement with the same security and quality standards employed through our online bill pay solutions for thousands of financial institutions today.

  • Reliability in Electronic Payments: Fiserv demonstrates a track record that spans over two decades in electronic bill presentment and payments. We power the industry's largest payments community of financial institutions and consumers, enabling ZashPay Personal Payments to reach the largest community of personal payment users.
  • Implementation Ease: Fast and Frictionless deployment into your existing online channel
  • Industry Award-Winning User Experience: Fiserv provides thousands of financial institutions nationwide with the most intuitive interface designs to ensure your consumers enjoy interacting with your online channel. ZashPay was built with the same level of detail around prototyping, user testing and design to ensure you continue to retain and grow your base of satisfied users.
  • Expand Your Reach: Fiserv is powering a personal payments "network" that enables your consumers to send and receive money with more people they know than with any other service. Our existing payments infrastructure broadens reach and connects consumers to transact with each other – regardless of where they bank.

How Do I Get ZashPay?

If you wish to learn more about how easy it is to implement ZashPay personal payments into your online channel, please email us at getsolutions@fiserv.com or call us at 1-800-872-7882.

General Company Information

About Fiserv

As the global leader in financial services technology, Fiserv is driving innovation in Payments, Processing Services, Risk & Compliance, Customer & Channel Management, and Insights & Optimization, and leading the transformation of financial services technology to help our clients change the way financial services are delivered. Visit newfiserv.com for a look at what's next, right now.

More info on ZashPay

ZashPay Press Release

Comments

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Comments

  • thanks for sharing your topic with us

    Posted by NFL jerseys, 31/08/2010 3:05am (2 years ago)

  • From the reviews I've read online and also the blog we have written about ZashPay it seems like a pretty good offering from Fiserv. What Money Gram and Western Union don't realize is that p2p will cut into their business deeply, same way the internet almost put the news paper business out of business

    Posted by ACH, 26/07/2010 7:59pm (2 years ago)

  • It's really impressive what these guys are doing in a short time. Just popped up in my inbox in a MSN Billpay announcement.

    Posted by Ben, 23/07/2010 3:19pm (2 years ago)

  • First thing that I've learned in product management is always research the competition and build something better than what they have. Unfortunately, Fiserv has forgotten that concept and hoped putting the name "Fiserv" on the product would allow for mediocre functionality.

    If you want to build the most robust P2P service, start with a white board with big letters on it P-A-Y-P-A-L and take a full inventory of what they do, then find the things they do badly, and the gaps.

    Trying to integrate this with antiquated online banking systems is like trying to get a Mini Cooper to tow a 1960's Airstream camper.

    Posted by Larry De Palma, 21/07/2010 11:30am (2 years ago)

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