XBP Overview
Take control of your liquidity management with Exela’s XBP digital payments solution. This solution offers a single point of contact where billers and payers communicate and transact for seamless real-time transactions. By sending bills and receiving payments through direct messaging, the XBP solution accelerates payments and pre-empts delinquencies for a smoother payment process.
Our XBP solution creates a centralized experience allowing users to track and pay all their bills in one place while providing an auditable trail for the entire payment cycle. It also enables payers to take advantage of early pay discounts and opens up new and convenient lending solutions.
440M+
Annual Consumer Payment Transactions
$1T+
Consumer Deposits Annually
200M+
Annual Commercial Payment Transactions
$625B+
Commercial Deposits Annually
Comprehensive Biller Portal
Our XBP solution provides a robust portal through which billers can manage billing and payments. The portal allows billers to connect with multiple payers, each with a unique ID for a streamlined payment process and full visibility. Using the portal, billers can send requests for payment, accept or decline due date extension requests, and acknowledge full or partial payments.
Link Paper and Digital Transactions Easily
With quick integration and advanced security, our XBP solution links paper and digital transactions via QR codes. The XBP blockchain key on bills provides immediate cost savings and delivers encryption security and payer/biller/transaction matching, enabling capture and reconciliation savings across networks.
User-Friendly Payer App
Exela’s XBP solution features a convenient and user-friendly payer app that makes it easier than ever to pay on the go. The payer app allows for complete bill management, including full or partial payments and requests for due date extensions. Users can sync bills from their repository, read bills from QR codes, receive alerts when new bills are received, and connect with billers directly through the app.
Integrate XBP Into Your Systems
We built XBP to seamlessly integrate with existing software systems including Accounts Receivable, Accounts Payable, and E-billing and statement print platforms. Through integration, XBP makes it easy to update invoice payment details and customer or vendor information with just a few clicks.