NAPLES, Fla. — Southern Auto Finance Company (SAFCo) has selected ACI Worldwide’s UP Bill Payment Solution to increase consumer convenience and reduce payment processing costs.
SAFCo customers will be able to pay their loans electronically on a mobile device, computer or via phone with a debit card or ACH (Automated Clearing House). They will also have the option to sign up for an ongoing electronic bill payment relationship or to make their loan payment quickly with no sign-up required.
SAFCo is an automotive financing company that operates in 14 states. As the company expands its national reach, it is constantly working to improve processes and offer innovative solutions, including bill pay advancement, officials said. After conducting a broad vendor evaluation, SAFCo chose ACI’s comprehensive and integrated electronic bill payment solution.
“As a finance company, payments are our lifeblood,” said Gary Stein, CFO at SAFCo. “ACI’s electronic bill payment technology gives us a competitive advantage by providing our customers the easiest and most flexible ways to make their loan payments, resulting in both operational efficiencies and significant cost savings for SAFCo and our customers."