Bulk Transfer Service
E-BillsPay solution is highly flexible and customizable.
More importantly, funds are settled to your bank account
at a period of your choosing.
Home / Digital Banking / Fidelity Collections / Third Party Service
Bulk Transfer
Service
Fidelity Bank currently partners with the below third party vendors to provide any of the below collection services:
NIBBS network- e-Bills Pay
Interswitch network- Paydirect
ETranzact network- Payoutlet
Our third-party collection services deliver efficient and secure payment processing to any Nigerian bank account of your choice and enables you to receive all kinds of payments at any of the Nigerian Banks on the different network. It takes advantage of the online real-time integration between the Nigerian Banks and the networks to provide an effective collection solution. It is highly flexible and customizable. Funds are settled to your bank account at a period of your choosing, and transaction reports are updated on your end instantly.
Our third-party collection services deliver efficient and secure payment processing to any Nigerian bank account of your choice and enables you to receive all kinds of payments at any of the Nigerian Banks on the different network. It takes advantage of the online real-time integration between the Nigerian Banks and the networks to provide an effective collection solution. It is highly flexible and customizable. Funds are settled to your bank account at a period of your choosing, and transaction reports are updated on your end instantly.
What can Third Party collections do for you?
- Fund collection: Seamless receipt of payments at any Nigerian Bank branch on the different network from your clientele/payers for goods and services rendered
- Validation of payer details: Our third-party collection services can be integrated to your company’s backend environment in order to validate any number of payer details, and provide real-time transaction notifications
- Real-time transaction monitoring: Receive, monitor and reconcile payments made to you from the comfort of your office.
Who can use Third Party collections?
- Schools (All kinds of fees collection)
- Business organizations (Monies for goods and services)
- Government organizations and NGO’s (Fees, contributions, e.t.c.)
- Service companies (Utilities, e.t.c.)
Features
- Payments can be made to you at any Nigerian bank for any number of payment items
- Multiple collection options: In-Branch, Web (internet), ATM, or Point-of-Sale terminal
- Irrespective of the bank/branch or channel used, all payments made by customers, distributors or citizens are merged and presented to the corporate in a single view, with explicit and adequate descriptions
- Our third-party collection services can be customized to accommodate any number of payment items
- Access to monitor and view reports of all payments made across all banks
- Our third-party collection services can be integrated to your back-end environment for validation of payer details
- Transaction history storage and viewing
Benefits
- Saves time and stress of coordinating collections from multiple payers
- Faster business processes
- Easy reconciliation due to unique identifiers
- Access to detailed reports, real-time
- Easy payment options (for payers)
- Helps reduce fund leakages, diversion, suppression and mismanagement.