NEWS

HFC Bank Introduces Online Bill Pay Services

HFC Bank has increased the capabilities of its Internet Banking platform with the addition of Online Bill Pay services. The service allows bill payments from the comfort of your home,
14 Oct 2017 11:37
HFC Bank  Introduces Online Bill Pay Services

HFC Bank has increased the capabilities of its Internet Banking platform with the addition of Online Bill Pay services.

The service allows bill payments from the comfort of your home, office or on-the-go.

The Fiji Electricity Authority is the latest biller to sign up with the Bank, enabling FEA bills to be paid via the Online Bill Pay Services.

The Bank has signed up with 11 other prominent billers. Some of which are TFL, Vodafone, Water Authority, FNPF and many more are in the process of signing up.

Whilst digital channels enables customer to easily access their accounts on-the-go, the Bank partnered with Vodafone Fiji to introduce branch less banking through the concept of Agency Banking.

Agency Banking allows customers to withdraw, deposit, transfer funds, make payments and point of sale purchases through agent outlets.

Agency banking has the means to penetrate underserved areas, increasing the access to, and availability of, financial products and services.

Over 1000 Vodafone’s agents will act as Automated Teller Machine (ATMs), delivering financial services using devices such as Smart point-of-sale (POS) terminals or mobile phones to process real-time transactions.

This service which is under pilot phase at the moment is currently available in the Central Division and customers have started taking advantage of the service.

HFC Bank acting chief executive officer Raj Sharma said: “Once fully commissioned, rural, semi urban and unbanked customers will be able to open and maintain a bank account from the luxury of their neighborhood convenience stores that are Vodafone retail outlets.”

The bank also introduced the Super Dream Home Loan package which available to customers.

HFC Bank has designed this package under the Reserve Bank of Fiji Special Housing Facility where a single applicant or joint applicants with an annual income or joint annual income of $50,000 or less, qualify for this scheme.

“This product has generated a lot of enquiries over the past few weeks and we would like to see many Fijians benefit from this product and become home owners,” he said.

Feedback:  jyotip@fijisun.com.fj

Fiji Sun Instagram
Fiji Plus
Subscribe-to-Newspaper
error: