A system and method are provided which allow users to load stored value accounts through online bill payment. The system and method do not rely on the user loading the stored value account sharing online banking login information or account number/routing information. In an aspect, the method includes a user selecting online banking as a payment option, receiving a bill for the load amount, paying the bill through online banking bill pay, the system receiving notification from the bank of an online banking bill payment and the system notifying the stored value account provider of the payment. The cash settlement is released to a stored value account provider in response to load request.