Your single connection to innovative, proven electronic-payment solutions using the MASTERCARD BILLCONNECTTM platform
With online bill payment more and more billers,financial institutions
and service providers are experiencing the benefits, leadership,
and vision of MasterCard RPPS®.
MasterCard RPPS offers a single point of
connectivity to virtually every consumer
in the United States who is paying bills
online at a financial institution's Web site,
and just about every industry service provider.
Online bill payments transmitted via MasterCard
RPPS significantly boost operational efficiency
versus paper, reducing the number of check-and-list
items and the employee-hours devoted to slow,
expensive, error-prone manual processing.
MasterCard RPPS adds value across the entire
electronic payments landscape. We're ready to
manage your online bill payment tasks so you
can concentrate on building your business in
this expanding environment.
With online bill payment reaching critical mass,
more and more billers, financial institutions,
and service providers alike are experiencing the
real benefits of this powerful electronic service.
To make the process as seamless, secure, and
error-free as possible, industry leaders look to the
experience, leadership, and vision of MasterCard RPPS.
Billers find that not only do electronic bill payments
from their customers post faster and more accurately than
paper remittances, but the processing costs are a fraction
of those for paper. Financial institutions and service
providers, which have long appreciated these advantages,
also enjoy profitability from their online customers and
the excellent cross-sell opportunities of the online
marketing channel. Many consumers are finding their financial
institution's Web site an attractive financial management tool
that provides a reliable, secure, one-stop payment option.
- According to financial insights, 47% of
U.S. households, or 42 million, logged on to
their bank or credit union to pay bills on a
monthly basis in 2010. 47% of households,
or 43 million overall, pay bills directly at
- A 2010 Javelin study indicates that of the
household managers who paid a bill online in the
previous month, about 58% did so both through a
financial institution and at a biller site,
up from 47% in 2009.2
- The number of checks paid in 2009 is
estimated to have been 24.4 billion, with a
value of $31.6 trillion. The number of
checks paid declined 7.2% per year between
2006 and 2009, resulting in 6.1 billion fewer
checks paid in 2009. Because of the use of
the ACH to convert some consumer checks by
billers and merchants, the number of checks
paid differs from the number of checks
written. The number of checks written
declined less than the number of checks paid.
There were 5.7 billion fewer checks written
in 2009 than in 2006, a decline
of 6.1% per year3
- About 54% of consumers logged in to look
at their bills at biller sites in 2009, a
rate that has remained flat the past three
years. But the number of consumers
viewing bills through banks and credit
unions climbed to 39%, up markedly
from 28% in 2007.4
- Automatic deduction and online bill pay
account for a growing share of household bill
payments over time. In fact, over the past
eight years, the percentage of bills paid by
electronic methods increased from 17% in 2002
to 41% in 2009. In contrast, bills paid by mail
decreased from 75% to 54% of total payments
during the same time. In-person payments
decreased from 8% in 2002 to 5% in 2009.5
Whatever your role in the process, your single connection
to MasterCard RPPS links you to the vast majority
of industry service providers and delivers valuable
automated solutions. The MasterCard RPPS network is
designed to optimize data accuracy, speed delivery,
and secure your transactions. This translates into
potentially significant cost savings, enhanced productivity,
and stronger customer relationships versus paper-based
payments and less-sophisticated electronic payment
Established in 1987, MasterCard RPPS processes
tens of millions of electronic payments every month
with unsurpassed reliability, and we continually
lead the way with innovative features to enhance
your electronic payment capabilities.
- We leverage the broad expertise of MasterCard
Worldwide to offer a wide variety of solutions.
- MasterCard RPPS continues to champion fully
electronic payment solutions, playing a significant
role in the conversion of paper remittances
into electronic transactions.
MasterCard RPPS offers a single point of connectivity
to virtually every consumer in the United States
who is paying bills online at a financial institution's
Web site, and just about every industry service
- Our extensive reach keeps more payments electronic
across the entire payment process, lowering
your processing costs and improving productivity.
- Our multiple connectivity options and our
accommodation of a wide variety of file formats
help minimize your development time and costs,
so you can take full advantage of our powerful
network swiftly and inexpensively.
Electronic bill payments transmitted via MasterCard
RPPS are posted and settled much more quickly than
paper-based payments or other types of electronic
- Account editing, routing, settlement, and
posting functions are all typically completed
within 24 hours.
- Settled in a good funds environment, MasterCard
RPPS transactions provide a high level of payment
assurance that standard paper remittances simply
- Advanced risk-management procedures provide
robust security for all your transactions.
Automated delivery of electronic payments significantly
boosts operational efficiency versus paper, reducing
the number of check-and-list items and the employee-hours
devoted to slow, expensive, error-prone manual processing.
- Sophisticated edits greatly reduce the potential
for returns by validating account information
before MasterCard RPPS transmits a payment.
Billers receive only the record types they can
process, avoiding the costs, inconvenience,
and delay that can result from incorrect transmissions.
- Automated payment reversals, at the biller's
option, can reduce manual processing of exception
MasterCard RPPS adds value across
the electronic payments landscape. Learn more
MasterCard RPPS delivers advanced
electronic payment services, setting the standard for
the industry. We understand and fully support your
needs—and we’re ready to manage your online
bill payment tasks so you can concentrate on building
your business in this expanding environment.
- Our dedicated Account Support staff offers expert,
timely assistance. When you contact MasterCard RPPS
Account Support, you will reach a trained product specialist
to help you with your bill payment processing needs.
- Public advocacy, consumer awareness programs,
marketing initiatives, sales support, and proactive
account management are designed to improve your
1. Javelin Strategy & Research: 2010 Online Banking and Bill Payment Forecast
2. Javelin Strategy & Research: 2010 Online Banking and Bill Payment Forecast
3. The 2010 Federal Reserve Payments Study - Noncash Payment Trends in the United States: 2006 — 2009
4. 2009 Online Banking and Bill Payment: Active Users Grow While Bank Bill Pay Overtakes Biller Direct — Javelin Strategy and Research
5. The Household Diary Study: Mail Use & Attitudes in FY 2009 — United States Postal Service
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