Bill Pay Exchange - Accept ACH Payments

What is Bill Pay Exchange

Bill Pay eXchange - BPX - is an exciting new bill pay service brought by Mastercard® through the modernization of Mobile & Online Banking Bill Payments. All U.S. businesses ( Billers ) can now enroll and receive payments from their Customers (Payers) using Credit Cards, ACH, Real-Time Payments, Bank Transfer (even inter-bank, meaning the Payer and Biller can have different banks), Venmo, Zelle and more! MasterCard first announced its Bill Pay Exchange in 2018. It's not meant to replace banks' existing bill payment offerings but, supplement with additional payment methods, real-time messaging to all parties involved, bill presentment, online reporting, etc.  Payers may be using the new new bill pay service but not recognize the title of "Bill Pay Exchange". The reason is that financial institutions offering the service may use their own trade names to market their online / mobile bill pay services to their depositors.

Payers, both individuals and companies, can use their bank’s website or mobile app to easily add billers, view bill details in rich data format, receive due-date notifications and payment confirmations, and pay bills including how much and when to pay. Billers receive access to an additional billing and payment channel, which will reduce the cost of mailing paper bills and processing checks, provide faster reconciliation, and lower customer support costs because of added payment transparency. Plus, billers will be able to integrate their accounting systems with the payment data provided by Bill Pay Exchange.


How to Enroll in Bill Pay Exchange

All Merchants / Billers on the Bill Pay eXchange network have to actively enroll. Enrollment can be through their current payment processor. But, what if, as a Merchant / Biller, you currently only accept Credit/Debit Cards as payments but want to now offer your Customers additional payment methods such as Same-Day ACH or Real-Time Payments? You may either contact your payment provider or enroll directly with us for the additional payment methods.




Consider adding Real-Time Payments in addition to accepting ACH for Bill Pay Exchange



Our Real-Time Payment Platform


When mailed Checks, "Next-Day" or "Same-Day" payments are too slow - think Real-Time Bill Payments

Instant Real-time Bill Payments

Businesses want to receive "Good Funds" Real-Time payments. Good Funds are instant, final (irrevocable - "good funds"), secure and immediately usable by the recipient (Biller). Imagine getting paid instantly without the fear of revocations or charge-backs? Today Payments is a leader in the evolution of instant real-time payments. We were years ahead of competitors recognizing the benefits of Real-Time ACH funding through Real-time Direct Deposits (ACH Push) and Real-time Direct Payments (ACH Pull). Our customers receive faster availability of funds on deposited items and instant notification of items presented for deposit all based on real-time activity. Dedicated to providing superior customer service and industry-leading technology. Our platform with its tools / widgets help organizations of all sizes reduce transaction costs, mitigate risk and increase efficiencies. Our system ensures proper Authentication, Authorization, Verification, Settlement, Notifications and Postings. After a transaction is processed, you'll even receive an e-mail with amount confirmation and Payer information. Plus, our payment platform gives you the ability to manually key-in transactions anywhere there's an Internet connection.

Features and Benefits of Real-Time Bill Payments




  • Money Transfer: Payers can use their Credit or Debit cards, Real-Time Payments, Bank Transfer (even inter-bank, meaning the Payer and Biller can have different banks), Venmo, Zelle and more to pay their bill.
  • It's Fast: 24/7/365 access to funds anytime vs. several days for paper checks or ACH transfers to process.
  • It's Final: Payee disbursed funds are Instant and Irrevocable.
  • Software Integration: Integrate your Accounting, CMS Management or Enterprise software with us.
  • Message Detail: Full 145 characters available using ISO 20022 XML format.
  • Online Real-Time Reporting: Configured Dashboard with Virtual Terminal login.

    • Your Choice ~ Integrate your software system with us or, send us your API and we'll integrate Real-Time Payments with YOU!
Our "Good Funds" payment gateway allows for instant real-time digital B2B, C2B & B2C payments that are immediate, irrevocable, intra-bank and/or interbank account-to-account (A2A) transfers that utilize a real-time messaging system connected to every transaction participant through all U.S. based financial institutions. Funds are available for use by your company as the receiver and real-time confirmation is provided to both you ("the sender") and receiver in seconds.

More info

How to enroll in Bill Pay Exchange payment processing?