Bill Payment

Bill Payment Solution

The Telus Bill Pay solution offers credit unions the following benefits:

  • Provides a robust and complete offering accommodating all prairie credit unions
  • Avoids re-development of CUPS mainframe applications
  • Enables PPJV and credit union independence
  • Fits current systems model while keeping pace with modernization

The Bill Pay service is made up of four distinct elements, the Bill Pay database, transaction clearing and settlement, lead FI – payee / biller sign-up, and tax remittance service.

  1. Bill Pay database – Payor sign-up: coverage as comprehensive as current service; change in operational process
  2. Transaction clearing and settlement: preferred solution to use PaaS, however, IBM does not have a biller database for PaaS
  3. Lead FI – Payee / biller sign-up: capture data and take payments; remit data and payments to main federal and provincial tax authorities
  4. Tax remittance service: easy sign-up process for billers; set-up with Payments Canada CCIN database  

A High-Level Process Flow

Concurrent with the existing process, the member will pay a bill through their online banking channel and the digital channel will debit the member account through their core banking system. The following high-level solution graphic shows the expected process flow.

The numbers below correspond to the numbering in the graphic, from when a member initiates a payment to settlement.

  1. The core banking system will send multiple STD025 files to IPCC (IBM), the STD025 will include Telus Biller IDs. IPCC will ingest the STD025 file for validations, parsing and transform it into a Telus format payment file.
  2. The Telus Payment file will then be sent to the Telus platform for file and transaction level payment validations and further downstream processing.
  3. Telus will generate an accepted/rejection file based on their validations and provide the appropriate files and reports to the IPCC.
  4. Failed validations from IPPC or TELUS will go to an IBM operations team.
  5. IPCC will then forward the settlement reports to PPI for settlement.