Yodlee launches expedited payments offering for online banking sites
Interesting new service from Yodlee, offerring same day bill payments, something thats hard to do today. Whats interesting is that there is an additional charge for same day payments. This means in effect that the delayed payments that exist today, are now hard wired as the standard, and anything faster costs more.
Finextra: Yodlee launches expedited payments offering for online banking sites
With Yodlee PayToday, financial institutions can take immediate advantage of the opportunity to generate new fee revenue by offering their customers the convenience of guaranteed, same-day electronic payments to hundreds of national and regional billers across multiple biller categories, including: credit cards, mortgage, auto finance, insurance, utilities, cable and wireless.
…or that Yodlee have chosen to extract revenue from a differentiated service, much in the same way that couriers charge more for a same day service than a 7 day one.
Same drivers, same fleet same company, but different priorities…
Neil Robinson
July 24, 2008 at 07:50