BillGO is a new Nacha Preferred Partner for ACH Solutions for Instant Credit. Nacha Preferred Partners are a select group of innovators that contribute to Nacha’s strategic efforts in support of the payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments. BillGO was selected as a Preferred Partner because of its BankUp solution that automates the bill payment process for billers while providing real-time credit to the consumer’s account at the biller.
BillGO’s BankUp offering enables billers to easily accept ACH payments with a real-time payment confirmation, creating a strong customer experience. BillGO guarantees the transaction for the biller, thus eliminating exceptions while also enabling immediate credit for payments via the ACH channel. Merchants are provided with a simple, easy-to-use interface to add to their existing bill pay offering.
“Biller direct represents a significant portion of electronic bill payments in the U.S. and both billers and consumers desire low-cost and efficient options that are seamless,” said Jane Larimer, COO of Nacha. “Innovative solutions such as those developed by BillGO provide the industry with options and alternatives that leverage the capabilities of the ACH Network.”
“BillGO’s newest solution enables billers to simplify the payments experience for their customers,” said Mike Pinto, COO of BillGO. “As a Nacha Preferred Partner, we are excited to bring innovative experiences that help the industry continue to evolve towards satisfying consumer and corporate expectations for on-demand, fast payment options.”
BillGO, as the Preferred Partner for ACH Solutions for Instant Credit, joins a growing list of Nacha Preferred Partners working to better support the payments ecosystem. To learn more about BillGO and Nacha’s Preferred Partner Program, visit www.nacha.org/Preferred-Partner.
