Let’s face it, paying bills is not a fun activity, as you part with your hard-earned money. Even with the convenience of online bill pay, it still seems like a tedious process and takes time – not to mention having to remember each bill, each online password, each due date, etc. But the days of stressful bill-paying are over.
A company called doxo has made this process simple by allowing users to pay each of their bills in one convenient place, the doxo platform. According to VP of Marketing and Consumer Services for doxo, Jim Kreyenhagen, “doxo is the first crowd-sourced, customer-centered bill pay solution built around the consumer, and it’s already changing the way people manage their bills.”
Staying on Top of Your Finances
Household bills make up over 50% of all US household spending, as everything from mortgages to credit cards to utilities must be paid each month. “The average household is currently paying more than 10 bills each month, and in addition, must also juggle between multiple online accounts, billers that don’t accept credit payments and poorly designed websites that don’t support mobile phones,”Kreyenhagen noted. To help provide a solution to this common issue, doxo gives people an easy, convenient way to connect with companies and pay their bills through one single, secure location.”
doxo provides access to more than 43,000 billers, including over 30,000 payable billers, making it useful for any consumer to take charge of their bills. In addition to the convenience of paying bills through a single account, it helps users steer clear of potentially credit-damaging late fees with bill tracking, reminders and auto-scheduled payments. “doxo was founded on the premise that paying bills should be easier,” stated Kreyenhagen. “It provides consumers with a secure, easy, streamlined, convenient and powerful way to connect with billers. Most of all, it was created to put the consumer in the driver’s seat – so they’re able to pay any bill, on any device, from a single account – and to do so using the largest potential array of payment options.” And Americans are quickly finding out just how convenient and time-saving doxo can be. Kreyenhagen said, “We’re currently doubling the number of users we have every year.” In fact, doxo recently passed the 2 million user mark.
The Security Benefits of doxo
With recent data breaches affecting all sorts of companies, there is obvious concerns about the security of paying your bills online. Plus, using various usernames and passwords on multiple bill-paying accounts can increase your chances of someone compromising your identity. Kreyenhagen points out that, “Using a single, secure account with doxo substantially reduces your exposure from having multiple accounts.” This is because everything is in one place. As stated on the company website, doxo users can be sure that payments are:
- Secured by top-notch fraud detection software
- Protected by a team of dedicated professionals who monitor each payment
- Safe from fraudsters with a mix of various technologies and practices
This year the doxo received multiple accolades for its unique service. It received the Red Herring Top 100 North America Award, which singled out the Seattle company as one of the most exciting startups across North America. It was also named one of the Everest Group’s Top 40 FinTech Trailblazers for its practical solutions not just for bill payers, but also the billing companies themselves. “Billers have been trapped for years in long-term contracts with the same outdated billing platforms. doxo eliminates the long-term contracts and high integration costs that lock billers into outdated and overpriced bill pay solutions,” Kreyenhagen noted.
Making Bill Paying Painless
With doxo serving as a one-stop-shop to pay all your bills, you can spend more time doing the things you enjoy in life, such as shopping, traveling and finding other ways to improve your finances. Plus, you’ll have extra money to spend because you can more easily stay on top of your payment dates and avoid those dreaded late fees. Kreyenhagen concluded, “doxo allows users to take control of paying their bills – they can pay by credit card, debit card, or direct transfer from their bank account, and they can pay whether they’re on the go using a mobile device, or sitting at home in front of their laptops.” So give the gift of online bill pay convenience and visit www.doxo.com to get started.