DETROIT/June 10, 2002 -- Comerica Incorporated today announced it was upgrading its Comerica Web Bill Pay service. The new service, which is available beginning today, will allow customers to receive bills by e-mail from over 250 participating payees and, if they choose, have them paid automatically.
The e-bill (electronic bill) feature lets the user view bills from a wide variety of
firms -- such as utilities, telecommunications and insurance companies, credit card issuers and banks -- and pay them online through Comerica Web Bill Pay. Users also can elect to receive an e-mail notice that their e-bill has arrived.
"The upgrade in our Web Bill Pay service is part of our continuing effort to enhance our customers' Internet banking experience," notes Donovan Shand, vice president, Retail Product Management. "Future enhancements include expanded funds transfer capabilities, online stop payments, account access options for small business owners, and online consolidated information from customers' accounts at financial institutions and other firms."
With the enhanced Web Bill Pay service, customers now can use nicknames instead of account numbers to differentiate their accounts, such as "Dave's Cell Bill" or "Mary's Cell Bill." Customers also can group their payees by category, such as entertainment, insurance, utilities, etc. for a better understanding of how their money is spent.
The cost for Comerica Web Bill Pay is $6.95 per month for the first 15bill payments, with eachone after that costing an additional 50 cents. The service is provided at no charge to Comerica's Choice and Premier checking account customers.
Comerica Incorporated (NYSE: CMA) is a multi-state financial services provider headquartered in Detroit, with bank subsidiaries in Michigan, California, and Texas, banking operations in Florida, and businesses in several other states. Comerica has an investment services affiliate, Munder Capital Management, commercial banking operations in Canada and a commercial banking subsidiary in Mexico.
Media Contact:
Kathleen A. Pitton
(313) 222-4916
kathleen_a_pitton@comerica.com
