Efficient and incentivized enrollment in an automatic payment program for recurring bills

摘要

Systems and methods are described for a customer to enroll in and manage a program for automatic payment for the recurring bills of a number of merchants within a single interface. The interface can be provided by the customer's credit card-issuing financial institution, which contacts the customer-selected merchants and arranges for automatic payment via the credit card. As an incentive for the customer's enrollment, an award such as award points or a lower rate of interest can be provided with respect to the automatically made transactions.