He said all that has to match on an online billing record is your account number, expiration date, security code, and billing zip code.

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It will work alongside the reverse SMS billing and premium rate number charging systems Vodafone already operates.

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In part because of the Credit Accountability Responsibility and Disclosure Act (known as the CARD Act), a bill passed with bipartisan support last year that outlawed a number of billing practices, financial institutions have introduced a host of new fees to make up for their lost revenue.

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Blakely aims to whittle 65 billing and 23 accounts-receivable systems down to a much smaller number.

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For instance, doctors can call a toll-free number (1-888-667-3212) for help billing Medicare.

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