Danish high-street bank, Den Danske Bank, has introduced an unusual e-invoicing solution for consumers, to help them pay bills on the move. The Bank’s customers can now pay bills by simply taking a photo of it using their iPhone or Android smartphone, which then triggers an online payment application.
The app uses OCR to rapidly enter the details for a bill or electronic funds transfer, including the amount due, payee name and account numbers, without demanding that users key in the information by hand.
Of course at Palette, our cloud-based architecture enables AP staff to process invoices anywhere they can get a web connection, and e-invoicing is a goal for many users of our solutions. It’s interesting to see this technology filtering down to consumers.