Billeo Launches Next Generation Bill Pay Service

Wednesday 16 February 2005 04:50 CET | News

Billeo has launched their bill pay service that enables US consumers to gain greater convenience and control over how they view, pay and manage their bills.

Coupling innovative toolbar and web services technologies with the largest backend directory of billers, Billeo delivers a fresh approach to online bill pay. Available free to consumers, the service was developed to address the needs of those who have discovered the advantages of visiting billers websites to make last minute payments, pay bills with a reward-points credit card, view detailed statements and access self-service features. Billeo consolidates bill management tasks while making it simple to visit multiple biller sites. Consumers who currently use a banks online bill pay service can also use Billeo to realize the benefits of biller-direct payments. These customers can continue using their banks service for the few remaining bills which cant be paid directly on a website. To use the service, individuals need to register for a free Billeo account and download a small toolbar plug-in for the Internet Explorer browser. Convenience and Control for Both Power Users and Neophytes The toolbar serves as the users personal assistant for online bills, making it easy to log in to their various accounts, and eliminating the problem of forgotten passwords. By using the auto-fill function to provide credit card, debit card or checking account information, users can quickly complete payment transactions. Plus, a record keeping feature allows customers to save a snapshot of their payment confirmation pages. Additionally, Billeo can even generate automatic payment reminders to help keep customers from forgetting to pay a bill. Users can keep track of all online payments in one location and receive all bill-related email in a separate Inbox. Works for More Than Just Bills Billeos powerful functionality can be used for virtually any website, providing assistance with login information, passwords and auto-fill functions. And its page saving feature allows users to make a quick jpeg snapshot of any webpage in their browser -- such as a travel itinerary or a news story -- that they can archive or email to others. Consumers can go to and sign up for a free Billeo account. Card Issuers and Billers Can Distribute Billeo to Their Consumers By promoting paying bills with a credit card, issuers can tap into a trillion-dollar opportunity with consumers and small businesses (source: Visa USA PDM). Billeo provides a unique opportunity for card issuers to accelerate the adoption of plastic for paying bills and all eCommerce purchases. When a card issuer signs up to distribute the Billeo toolbar, their customers card will be preloaded in the Billeo e-wallet, with top-of-the-wallet placement. Billers can freely distribute the product to their customers, as well. Billeo can enhance the users experience of interacting with a billers website; and these businesses can quickly realize an increase in e-payments and self-service. Companies can also sign up for fee-based premium services that steer consumers to self-service, target promotions to them when they are paying bills and deliver secure email communications.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce