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Towards seamless
customer-centric e-services |
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An excerpt |
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In line with the 3P integration
concept, the Minister announced that government is developing a national
electronic bills payment hub.
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Having implemented FlexiPay as a
common mode of payment for government transactions, the government seeks to
bring together players from different sectors to establish a national
electronic payment hub that serves all billing organisations and consumers in
Singapore.
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Jointly driven by the Ministry of
Finance and the Infocomm Development Authority of Singapore, the payment hub
will provide a one-stop portal for the payment and presentment of government
bills and private sector bills through electronic means.
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Consumers no longer have to go to
different websites to pay different types of bills. The new system will
consolidate all billing organisations under a central hub that offers secure
and trusted electronic bill payments and related services to consumers.
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The national electronic bills
payment hub aims to reduce the inefficiency and costs of payments as compared
to existing payment modes such as cash and cheque payments.
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Customers will enjoy the
convenience of viewing potentially all their bills, whether from government or
the private sector, through a single portal, and use a common online payment
mode to enable simple authorisation of payments.
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Work is in progress for a request
for proposal (RFP) to implement a national electronic bills payment hub. It is
expected to be implemented over a two-year period.
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Full
text of Press Release
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Source: Singapore
Government Media Release 28 Oct 2004
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National electronic bill payments hub implemented
