April 06, 2009 iPay Technologies (Elizabethtown, Ky.), a provider of online bill pay solutions for financial institutions, has released an upgrade to its bill pay and electronic invoicing solution, Biz 2.0. The product is designed for the needs of small and midsize businesses.

Biz 2.0 online bill pay product features tools that connect bill payment, payroll deposits and invoicing into a single solution for SMBs. It integrates bill payment processes and with iPay's new BillPayperless electronic invoice generation, giving small businesses the ability to manage their payables and receivables within one single bill pay solution.