Stiff competition and narrowing margins are compelling the banking sector to look for greener pastures in terms of revenue. While the conventional methods of revenue for banks came from lending, remittances and exchanges, agency services like collection of instruments, safe custody and safe deposit lockers etc; the scenario has changed drastically on two fronts lately. Firstly, by increasing the number of new generation banks equipped with the latest technology and software solutions and secondly the phenomenal growth of the service demands by the customers.

The net result has been that banks are shifting emphasis to a paper-less, electronic banking concept, offering a plethora of varied transactions, with different fee and charge structures. Services like ATM cards, Debit cards, Credit cards, SMS alerts, Internet banking, Phone banking, credit appraisals, business consultancy, etc are offered at competitive rates.

It is in this context that the need for the development of bank billing softwares has emerged as a vital link in streamlining the revenue generation potential of banking services. While developing such softwares, which deal with transaction fees and user charges, care must be taken to ensure that the competitive edge of the bank is not lost due to over-pricing. Developers have come up with innovative billing solutions called bank-billing softwares and have also been successful in implementing them. These solutions enable banks to follow integrated transaction fee structures for various services. These fees and charges are automatically billed and debited to the operative accounts of the customers, after the related services have been provided. This is done at pre-determined intervals like annually or bi-annually.

Along with its potential partners who have successfully ventured into bank billing softwares for reputed banking sector clients in the US and Europe, Excellone is planning to offer these services in Australia. These solutions enable banks to take advantage of the ecommerce boom and offer a wide variety of unique services to its customers. These services of the bank billing software range from the ability to access one's accounts on line, to transfer of funds, purchase of demand drafts, electronic transfer of funds, portfolio and investment management, asset recovery, credit processing, card payments, e-pay bill payment system and many other services like SMS alerts, Phone Banking etc.

The introduction of uniform billing solutions by effective bank billing softwares has delivered a powerful competitive tool for the banks and offer these services to the customers, resulting in a considerable dwindle in customer complaints and deficiencies in services. We invite you to get to know us and try our successful bank billing softwares.