Metavante Bill Pay Services and Features

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Metavante's bill pay services are designed to simplify the payment process for consumers. They offer a range of features to make paying bills easier and more convenient.

One of the key benefits of Metavante's bill pay services is the ability to pay bills online, eliminating the need for paper checks or trips to the post office. This feature allows users to pay bills from the comfort of their own homes.

Metavante's bill pay services also offer the option to schedule recurring payments, ensuring that bills are paid on time every month. This feature can be especially helpful for individuals who have multiple bills with different due dates.

The online bill pay system is also secure, using encryption to protect users' sensitive information. This provides users with peace of mind when making online payments.

About Metavante

Metavante was a subsidiary of Fidelity National Information Services, traded on the NYSE as MV. It was a finance company that operated from 1964 under the name M&I Data Services, before being renamed Metavante Corporation in 1996.

Credit: youtube.com, metavante

Metavante's headquarters was located in Brown Deer, Wisconsin, United States. The company's key people included Frank Martire, Chairman of the Board and CEO, Michael Hayford, President and COO, and Timothy Oliver, CFO.

Metavante provided financial technology services, software, and regulatory advice to its customers, which were primarily small to large-sized financial institutions. The company had a significant presence, employing over 5,900 employees in 35 U.S. cities.

In 2008, Metavante's revenue was $1.707 billion USD, with a net income of $147.4 million USD. The company's products and services included account processing for deposit, loan, and trust systems, as well as image-based and conventional check processing.

Metavante's notable achievement was hosting the first successful ATM transaction over a shared network called "TYME" or "Take Your Money Everywhere". The company also offered core data processing for financial institutions, online banking products, credit card and debit card processing, and manufacture and network infrastructure support.

Here are some of the key acquisitions made by Metavante:

  • NYCE Payments Network
  • VICOR, Inc. (Receivables Information Delivery System (RIDS) Lockbox)
  • VECTORsgi
  • Advanced Financial Solutions (AFS)
  • GHR
  • The Kirchman Corporation
  • Link2Gov
  • pay1040.com
  • 401kservices.com
  • Printing for Systems Inc
  • Cyberbills
  • Endpoint Exchange

Bill Payment Features

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With Metavante Bill Pay, you can schedule one-time or recurring payments, making it easy to manage your bills.

You can view your payment history, which includes the date, amount, and status of each payment. This feature helps you keep track of your payments and identify any issues.

Here are the key features of Metavante Bill Pay:

You can also receive electronic bills from your payees and pay them directly through Metavante Bill Pay.

Fidelity National Services

Fidelity National Services is a global leader in transaction processing, thanks in part to the merger with Metavante in 2009. This merger created the largest transaction processor for financial institutions globally.

The merger was a result of Warburg Pincus' investment in Metavante, which was acquired by FIS in 2009. Warburg Pincus' proactive approach and sponsored spin-off structure led to a proprietary investment opportunity.

The combined company, FIS, has a comprehensive range of products and services, and significant cost and revenue synergies. Warburg Pincus assisted in working through the merger negotiations and new capital structure for the combined company.

Warburg Pincus fully exited FIS in 2013, but their involvement with the company helped create a highly accretive transformational merger for all parties involved.

A different take: Merrill Lynch Bofa Merger

Pay Bills with Ease

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You can pay your bills online or through your mobile device with Metavante Bill Pay, saving you time and effort.

To get started, simply register for the service through your financial institution's website or mobile app. Once you're registered, you can start adding payees and scheduling payments.

Metavante Bill Pay allows you to schedule one-time or recurring payments. You can also view your payment history, manage your payees, and receive electronic bills.

To add a payee, enter their name, address, and account number, and you can even add a nickname for them. For example, you can add "Electric Bill" or "Rent" as a nickname for your payee.

Here are the key features of Metavante Bill Pay:

  • Schedule one-time or recurring payments
  • View your payment history
  • Manage your payees
  • Receive electronic bills

With Metavante Bill Pay, you'll receive an email notification when each payment is processed. You can relax and let Metavante Bill Pay take care of the rest.

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How to Pay Your Bills

Paying your bills can be a hassle, but with Metavante Bill Pay, you can save time and effort. You can pay your bills online or through your mobile device, anytime, anywhere.

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To get started, you'll need to register for the service through your financial institution's website or mobile app. Once you're registered, you can start adding payees and scheduling payments.

To add a payee, simply enter their name, address, and account number. You can also add a nickname for the payee, such as "Electric Bill" or "Rent."

To schedule a payment, select the payee, enter the amount, and choose the payment date. You can also set up recurring payments, which will automatically be made on the same day each month.

Here's a step-by-step guide to paying your bills with Metavante Bill Pay:

  • Log in to your Metavante Bill Pay account.
  • Click on the "Pay Bills" tab.
  • Select the payee you want to pay.
  • Enter the amount of the payment.
  • Choose the payment date.
  • Click on the "Submit" button.

Your payment will be processed on the date you specified, and you'll receive an email notification when each payment is processed.

A unique perspective: Heartland Payment Systems

Latest News

Metavante has been acquired by JPMorgan Chase in 2006 for $3.6 billion.

The acquisition was completed on April 2, 2006.

This deal expanded JPMorgan Chase's presence in the financial technology sector.

Metavante's technology was integrated into JPMorgan Chase's operations, allowing for improved efficiency and scalability.

Worth a look: Rackspace Technology

Frequently Asked Questions

Where is Metavante located?

Metavante is headquartered in Milwaukee, Wisconsin. It serves clients globally from this location.

Rosalie O'Reilly

Writer

Rosalie O'Reilly is a skilled writer with a passion for crafting informative and engaging content. She has honed her expertise in a range of article categories, including Financial Performance Metrics, where she has established herself as a knowledgeable and reliable source. Rosalie's writing style is characterized by clarity, precision, and a deep understanding of complex topics.

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