Cash-based consumers can make bill payments online or from a smartphone. Evolve Money also provides a payment management tool that tracks and keeps a history of all transactions.
The service works similar to using a gift card for online purchases. Consumers purchase REloadit Packs or Evolve Pay Bucks PINs at retail locations across the US.Then they use the app to pay bills and load the funds during the checkout process.
The service is PreCash’s online and mobile bill pay product powered by its PayConnect platform, an open mobile and online bill pay platform that accelerates the time it takes to process payments allowing for more than 80 percent of the transactions to be delivered on the same day they are paid. While the service currently offers cash payments, in the near future it is set to allow users to pay bills with Visa, MasterCard and Discover debit cards and prepaid cards.
Users also are set to have the option to upgrade to the Evolve Wallet. Evolve Wallet comes with a prepaid debit card and allows users to make purchases, access remote cheque deposits, deposit cash, make ATM withdrawals, perform person-to-person payments, receive direct deposit, pay bills and more.
In recent news, PreCash has launched a mobile and online bill payment platform dubbed PreCash PayConnect.
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