ID :
207957
Mon, 09/19/2011 - 08:44
Auther :

GREENPOST SET TO AGGRESSIVELY EXPAND REGIONAL FOOTPRINT BY YEAR-END

By Tengku Noor Shamsiah Tengku Abdullah

SINGAPORE, Sept 19 (Bernama) -- GreenPost, the first company in Asia to
offer aggregated bill presentment, is set to aggressively expand its regional
footprint.

Its co-founder, Harveen Narulla said the company's next step is to move
into Malaysia, Australia, Hong Kong, India, Indonesia and other parts of the
region.

"By year-end, we see ourselves more aggressively enter Malaysia and the rest
of the region," he told Bernama in an interview here.

Established in 2005, and incubated at the National University of Singapore,
GreenPost is helping billers to go paperless with its aggregating solution to
help consumers move away from paper bills towards receiving electronic bills in
one easy platform.

Its aggregation technology through intelligent extraction from biller
existing infrastructure is done without compromising billers’ access to
consumers.

The technology is commercially very viable, and technically easy and
risk free to implement.

Harveen said GreenPost is currently in partnership and discussion with all
big billers and already has contracts with some of the smaller ones.

On the payment collection services to be offered to users for seamless
experience, he said:” We are in discussion with some of the local and
international banks based here.

"They (banks) want to offer their service regionally as they have services
in Singapore and Malaysia and other countries in the region. Discussions with
some of them are in an advanced stage."

He said GreenPost allows consumers to aggregate and see their
electronic bills in one platform and access the bills whenever they want.

The free platform allows users to add different billers, view bills, set
reminders to pay bills, and even track spending or compare with average user
spending.

Harveen pointed that billers would have enormous benefits as they can save
spending on paper bills, while for individual users, it is in terms of the login
into one portal to check all bills.

The GreenPost platform is currently available for consumers in Singapore,
Malaysia, Australia and the United States.

In Singapore, users can receive electronic bills from Singapore – SingTel,
StarHub, M1, SP Services, NUSS, Keppel Club, Singapore Swimming Club, and
Sunpage

In Malaysia, it include Maxis, Digi, Tenaga Nasional (TNB)and Astro while in
Australia, it is Optus, Telstra, 3Mobile, and Citilink. In the US, it is AT&T.

Greenpost will be adding U Mobile and Celcom soon in Malaysia.

Touching on security for users, GreenPost Head (New Business &
Sustainability), Nigel Hembrow said the company uses the same security as for
the internet and banks.


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