Mobile application development is touching new levels. A new mobile photo payment technology is enabling consumers to pay their bills using their smartphone.

1. Image Processing Technology and Smartphones Reducing Data Entry
Involved In Bill Payments
In today's fast-paced world, technology is helping us to work and play from
anywhere, any time. Mobile application development is touching new levels.
Smartphone applications are now doing away with the paper work and data entry
involved in bill payment. A recent report in PC World tells of a new mobile photo
payment technology from Mitek that allows you pay your bills by using your
smartphone to photograph the bills along with either a personal check or credit card.
Establishing an e-bill-payment sessions on smart phones can make transactions fast
and easy to use. With the new image processing technology, there is no need to
bother with logins and passwords to pay their bills. Customers have the option to
make payment using their smartphone without logging onto either the bank’s or
biller’s website. This mobile payment solution will allow them to pay monthly bills for
utilities, credit cards and other loans ─ with the help of the photograph of a paper bill
along with that of a personal check or credit card.
Mobile Photo Bill Payment ── Procedure
The procedure involves in photo bill payment through a smartphone is as follows:

The customer takes a picture of a bill to be paid as well as of the paper check
or credit card which is to be used to make payment

2. 
The technology automatically extracts relevant data from the paper bill and
auto-populates the fields required to make the mobile payment

The payment information is extracted from the photograph of a paper check
or credit card (the customer has to manually enter the 3 or 4 digit security
code) taken using the smartphone
This facility allows billers and customers to directly interact with each other.
Key attributes of Mobile Photo Bill Pay


The application eliminates the difficulty of users setting up information for
individual payee accounts, as the technology extracts the required
information from the photo image and automatically provides it to the bank’s
bill-processing system in the required format.
Customers can add a new payee, set up recurring bills and payments, pay
one-time or non-recurring bills and make expedited payments.


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Payees need to photograph their bills only once and the user’s information is
automatically saved in the application's vendor list for future use.
The app is template-free, which provides a superior customer experience for
the user. A template-free platform supports a wide range of bill formats,
making it a turnkey solution for banks.
The application allows dynamic extraction of data from any invoice or bill,
regardless of its layout.
The application is available as either an Android or iOS app or via a mobile browser.
Many banks are now joining hands with Mitek to offer Mobile Photo Bill Pay service.