Mitek Systems announced their new supper bill pay app, Mobile Photo Bill Pay which will allow bank customers to pay paper bills by simply taking pictures of the bills with their smartphones. Yup, snap a pic of your bill, let the App do its job, and get your bills paid the simple way. No tellers, No phone operators, no wasting precious time and gas anymore, just your smartphone. Mitek is now discussing the distribution of Mobile Phone Bill Pay with a number of leading banks, integrators of technology solutions and application service providers for the financial services industry. If supported, this app can change the way we do things in a significant way. Think about it. A business would love this. It will save them an enormous amount of time and not to mention money. Does this mean less tasks for people? Either someones job is going to get easier, or get cut. What do you think? Hit the More button to check out their press release so you can understand the mechanics of their application. They even have vids posted on their site where they go through a few features.
The new Mobile Photo Bill Pay platform allows users to take a photo of their bills; then the software corrects image distortion, reads relevant data and processes the transactions through the users’ banks.
After establishing online-bill-payment arrangements as part of their banking, cash management or credit union accounts, users of Mobile Photo Bill Pay can initiate e-bill-payment sessions on their smartphones; then snap photos of the bills they want to pay, verify the payment information and click on the app’s “PAY” button.
The application allows financial institutions to give their customers a new option for paying their bills. For example, during a stop for coffee between appointments, a busy consultant could use his iPhone to point, shoot and pay bills for his office rent and professional association membership fees.
Comment from Wireless and Mobile News: We are wondering which takes more time – taking a photo of a bill or entering the payee and amount through the bill paying software for the bank. Touch typists would probably be faster. but many non-typists and bill-paying haters should love the Mobile Photo Bill Pay app. Mitek also makes mobile check-deposit apps for iPhone, BlackBerry, Windows Mobile and Android. Taking a photo of a check surely takes less time than a trip to the bank.
Mitek is now discussing the distribution of Mobile Phone Bill Pay with a number of leading banks, integrators of technology solutions and application service providers for the financial services industry.
At launch, Mobile Photo Bill Pay is available for mobile applications for iPhone devices from Apple, with Mitek soon supporting a number of other smartphones and operating systems, including BlackBerry, and devices that run on the Google Android and Microsoft Windows Phone 7 platforms.
For more information, visit www.miteksystems.com.