qr bill™ : the next big thing in electronic bill payment code fact sheet.pdf · electronic bill...

QR Bill™:

The Next Big Thing in

Electronic Bill Payment

ScanThis!

QR Bill™ is an industry effort developed by NACHA designed totransform consumer bill paymentthrough the standardized use ofQuick Response (QR) Codes.

Opportunities

‰ Convert check writers to ePayments‰ Reduce bill payment exceptions‰ Enable mobile payments‰ Decrease costs and improve efficiencies‰ Enhance customer relationship and experience

Get Involved

Billers, biller service providers, financial institutions, payments providers, and others are invited to participate in the QR Bill™ industry evaluation. Join more than 20 companies currently working toverify specifications and usage of the QR Bill™ standards in various billing and payment models;determine the effectiveness in reducing bill payment exceptions; finalize implementation requirements and considerations; and address market challenges and opportunities.

For more information:

Visit https://cebp.nacha.org/QRBill or scan

It’s Easy to Scan and Pay!