Huntington National Bank, a subsidiary of Huntington Bancshares, Incorporated (Nasdaq: HBAN), has announced the expansion of Huntington ChoicePay into additional industries, such as higher education and business services. Using Huntington ChoicePay for their business-to-consumer payables enables these clients to disburse funds to end-users primarily in pre-paid and closed-loop cards from major retailers.
Huntington ChoicePay is a business-to-consumer payment solution that was introduced in May 2022 as a cloud-based software as a service (SaaS) product.
It enables Huntington and its clients to expeditiously distribute payments on behalf of businesses to end consumers, expanding the payment options available. In a digitally advancing world, consumers and businesses expect efficient and convenient payment methods, and Huntington allows them to select the payment methods that best meet their requirements.
The Huntington National Bank has introduced Huntington ChoicePay for use in the corporate and academic sectors.
“Huntington ChoicePay gives both payers and payees the option of how to make and receive payments,” said Amit Dhingra, director of Huntington Enterprise Payments.
“The requirements and expectations of our consumers are ever-changing. With expanded electronic offerings, consumers and businesses of all sizes have access to reliable and differentiated payment methods that meet their needs and expectations, making their lives simpler and fostering business growth.
“Development in additional industries, such as higher education and business services, demonstrates our commitment to expanding Huntington ChoicePay and demonstrates our leadership in business-to-consumer payments,” said Dhingra.
“As a customer-centric, digitally-enabled bank, we continue to look out for our clients and find flexible, innovative solutions to help streamline and accelerate these processes in industries such as government, healthcare, insurance, automotive, and higher education.”
Regarding Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is an Ohio-based regional bank holding corporation with $183 billion in assets.
Founded in 1866, The Huntington National Bank and its affiliates provide a comprehensive suite of banking, remittances, wealth management, and risk management products and services to consumers, small and middle-market enterprises, corporations, municipalities, and other organizations.
Huntington operates over a thousand branches in eleven states, with some businesses operating in expansive regions. Visit Huntington.com for additional details.
Network Hype Team