eBillme introduces a new revenue sharing program leveraging e-banking

Today eBillme™, the most secure payment option online that enables consumers to use online banking and bill pay services to pay now, pay securely, and use available funds, announces a new revenue sharing program for financial institutions, bill pay portals, and walk-in networks. As part of this new program, eBillme will offer a revenue share for every eBillme transaction generated by the third party, which is an opportunity for financial institutions to leverage their investment in online banking, expand their online bill pay offerings, and generate new revenue.

“eBillme leverages online banking for eCommerce checkout to give consumers a secure way to pay with cash online,” says Marwan Forzley, President and CEO of eBillme. “Consumers bank and pay bills online because they trust their financial institution. This new program is an opportunity for financial institutions to give customers that same sense of security and confidence while shopping online and to finally be able to turn a profit in this sector of their business. And for merchants, this program will bring cash-paying customers to the eCommerce sector at a time when the consumer demand for ways to pay with cash is at an all-time high. We are looking forward to welcoming more financial institutions into this program to make eBillme valuable to them and their customers.”

The pilot program, which began over the summer, included some of the nation’s top banks and walk-in providers leveraging their online, e-mail, and print channels to offer the eBillme credit card alternative to their customer base.

“As the payment preferences of our clients continue to evolve, we are always looking for innovative ways to meet their needs, and this is especially true for online commerce transactions,” says Steve Karp, Senior Vice President of Enterprise Payments Strategy for SunTrust. “Security, convenience, and ease of use are very important to our clients when it comes to making purchases online, and we feel that eBillme brings tremendous value in these areas. This relationship allows SunTrust to extend the value and utility of our online bill payment service, while at the same time providing our clients with unique discounts and incentives at the more than 800 online stores that accept eBillme.”

Matt Frye, Vice President of Product Development for PreCash, says: “We are thrilled to offer cash-paying consumers a way to shop online and pay with cash at our walk-in bill payment locations. Additionally, adding eBillme as a payment option for our Vision Premier® Visa® Prepaid cardholders offers them another secure way to pay when shopping with their card online. eBillme offers our customers the ability to shop online and take advantage of unique offers and discounts within their growing network of online retailers.”

The program brings a significant increase in new customer acquisitions for the more than 800 eBillme merchants.

“eBillme has been a solid performer bringing new customers and a high AOV to our checkout,” says Jeff Wisot, Vice President of Marketing for Buy.com. “eBillme has delivered a 70 percent higher ticket value than our site average, and more than 70 percent of eBillme users were new customers to Buy.com. This program is further evidence that eBillme can deliver a great ROI to online retailers.”

The revenue sharing program has also launched on community sites and will be expanded to include more banks, bill pay portals, and walk-in providers. Companies interested in becoming a part of this program, or learning more about the benefits are encouraged to contact eBillme at