Billeo Expands Biller Directory

Consumers Can Now Easily Pay Doctor, Cell Phone and 10,000 Other Bills with Billeo's Expanded Biller Directory - Using Plastic to Earn Rewards for Paying What They Owe

 

 

Financial Institutions Visa and Discover Bolster Online Bill Pay Services with Billeo - the Industry Standard

SANTA CLARA, Calif., June 10 /PRNewswire/ -- Billeo (www.billeo.com) – a suite of Online Assistants that save people time and money in all types of online transactions, from shopping to bill pay – today expanded its Biller Directory to help consumers pay their bills instantly with a credit, debit or prepaid card at more than 10,000 companies across 26 categories – from cable service providers to the Department of Motor Vehicles. As the largest directory and the defacto standard in the U.S. and Canada, Billeo's Biller Directory now covers more than 15,000 companies with two-thirds accepting card-based bill pay.

Visa (http://visa.com/billpay) and Discover (http://discover.billeo.com) already use Billeo's Biller Directory to provide customers a one-stop listing of billers that accept card payments online. Consumers even have access to information on billers that charge convenience fees and those that allow auto-payments, making Billeo's Biller Directory even more useful.

"More than 31 million consumers pay bills through their banks' websites, but millions more opt to pay directly on a company's website to take advantage of paying with a card. Supporting card transactions makes the financial institutions' websites the sensible place for customers to complete all their bill payments," said Murali Subbarao, founder and CEO of Billeo. "By integrating Billeo's Biller Directory, financial institutions can expand the features and functionality of their existing bill pay services without having to handle the buildout themselves – improving customer experience and increasing revenue."

The average household pays six bills each month to cover services such as insurance and utilities, spending a cumulative$7,000 annually. Billeo's Biller Directory covers card-based bill pay at:

• More than 2,000 gas, water, electronic and telephone service providers


• More than 1,500 federal, state and local government agencies for taxes, parking tickets, vehicle registration and more


• More than 1,000 rental properties


• More than 200 mortgage and auto loan companies

Consumers can find billers by name, category or ZIP code, so they don't have to visit each biller's website separately. They simply click on a biller's name and Billeo brings them directly to the biller's website to complete the payment. Billeo extends the Directory's value further by guiding consumers throughout the whole payment process – from remembering passwords and autofilling payment information to saving payment confirmations. Consumers even can get an overview of payments and due dates to stay organized and ensure they never miss a payment.

Highlighting companies that take credit, debit and prepaid card payments means Billeo helps consumers earn valuable card rewards. Billeo estimates that its users already have earned $1.4 million in rewards just by paying their bills and shopping online.

"Billeo makes online bill pay a snap – for financial institutions and their customers. We ensure each consumer's bill pay experience is convenient, flexible, efficient and rewarding – which in turn gives them a better experience with their bank or card provider," continued Subbarao. "Consumers can manage thousands of payments in one central location, determine payment frequency, pay on a bill's due date, and earn rewards faster. And with access to more than 10,000 billers that accept card payments through Billeo's Biller Directory, consumers have even more ways to pay and save."

About Billeo, Inc.

Billeo provides a suite of Online Assistants that save people time and money in all types of online transactions, from shopping to bill pay. Its latest tool, the Offer Assistant, delivers high-quality discounts and deals from the loyalty programs of major card programs such as American Express, Visa and others – with no work required. Billeo was founded by seasoned executives well-versed in the online shopping and bill payment spaces. Over 40 banks, six of the top 10 card issuers, and more than 1,500 merchants are part of the trusted Billeo network. For more information about Billeo visit www.billeo.com.

SOURCE Billeo, Inc.

Billeo Expands Biller Directory

Consumers Can Now Easily Pay Doctor, Cell Phone and 10,000 Other Bills with Billeo's Expanded Biller Directory - Using Plastic to Earn Rewards for Paying What They Owe

 

 

Financial Institutions Visa and Discover Bolster Online Bill Pay Services with Billeo - the Industry Standard

SANTA CLARA, Calif., June 10 /PRNewswire/ -- Billeo (www.billeo.com) – a suite of Online Assistants that save people time and money in all types of online transactions, from shopping to bill pay – today expanded its Biller Directory to help consumers pay their bills instantly with a credit, debit or prepaid card at more than 10,000 companies across 26 categories – from cable service providers to the Department of Motor Vehicles. As the largest directory and the defacto standard in the U.S. and Canada, Billeo's Biller Directory now covers more than 15,000 companies with two-thirds accepting card-based bill pay.

Visa (http://visa.com/billpay) and Discover (http://discover.billeo.com) already use Billeo's Biller Directory to provide customers a one-stop listing of billers that accept card payments online. Consumers even have access to information on billers that charge convenience fees and those that allow auto-payments, making Billeo's Biller Directory even more useful.

"More than 31 million consumers pay bills through their banks' websites, but millions more opt to pay directly on a company's website to take advantage of paying with a card. Supporting card transactions makes the financial institutions' websites the sensible place for customers to complete all their bill payments," said Murali Subbarao, founder and CEO of Billeo. "By integrating Billeo's Biller Directory, financial institutions can expand the features and functionality of their existing bill pay services without having to handle the buildout themselves – improving customer experience and increasing revenue."

The average household pays six bills each month to cover services such as insurance and utilities, spending a cumulative$7,000 annually. Billeo's Biller Directory covers card-based bill pay at:

• More than 2,000 gas, water, electronic and telephone service providers


• More than 1,500 federal, state and local government agencies for taxes, parking tickets, vehicle registration and more


• More than 1,000 rental properties


• More than 200 mortgage and auto loan companies

Consumers can find billers by name, category or ZIP code, so they don't have to visit each biller's website separately. They simply click on a biller's name and Billeo brings them directly to the biller's website to complete the payment. Billeo extends the Directory's value further by guiding consumers throughout the whole payment process – from remembering passwords and autofilling payment information to saving payment confirmations. Consumers even can get an overview of payments and due dates to stay organized and ensure they never miss a payment.

Highlighting companies that take credit, debit and prepaid card payments means Billeo helps consumers earn valuable card rewards. Billeo estimates that its users already have earned $1.4 million in rewards just by paying their bills and shopping online.

"Billeo makes online bill pay a snap – for financial institutions and their customers. We ensure each consumer's bill pay experience is convenient, flexible, efficient and rewarding – which in turn gives them a better experience with their bank or card provider," continued Subbarao. "Consumers can manage thousands of payments in one central location, determine payment frequency, pay on a bill's due date, and earn rewards faster. And with access to more than 10,000 billers that accept card payments through Billeo's Biller Directory, consumers have even more ways to pay and save."

About Billeo, Inc.

Billeo provides a suite of Online Assistants that save people time and money in all types of online transactions, from shopping to bill pay. Its latest tool, the Offer Assistant, delivers high-quality discounts and deals from the loyalty programs of major card programs such as American Express, Visa and others – with no work required. Billeo was founded by seasoned executives well-versed in the online shopping and bill payment spaces. Over 40 banks, six of the top 10 card issuers, and more than 1,500 merchants are part of the trusted Billeo network. For more information about Billeo visit www.billeo.com.

SOURCE Billeo, Inc.

Billeo Helps Financial Institutions Offer Customers More Flexibility and Choice in Online Bill Pay with PayDirect Assistant

For the First Time Ever, Bank Customers Can Pay Bills Instantly - And Now With Debit Cards and Credit Cards

SAN FRANCISCO, May 11 /PRNewswire/ -- FinovateSpring 2010 -- Billeo (www.billeo.com) – a suite of Online Assistants that save people time and money in all types of online transactions, from shopping to bill pay – today announced PayDirect Assistant, a new patent-pending online service that adds first-of-its-kind features and functionality to banks' online bill pay services. Now 31 million bank bill pay customers can make immediate payments – even on the bill's due date – using their debit card or credit card.

(Logo: http://www.newscom.com/cgi-bin/prnh/20091215/BILLEOLOGO)

"We developed PayDirect Assistant to address two common points of frustration for consumers who use their bank's online bill pay services. They can't pay bills instantly, and they can't pay with a card. In fact, of the 31 million bank pay customers, more than half still go to a biller's website to make a same-day payment or earn rewards by paying with a card," said Murali Subbarao, founder and CEO of Billeo. "PayDirect Assistant provides an easy way for our banking partners to enhance their online bill pay services with little effort on their part, attract new bill pay customers and improve their existing customers' bill pay experiences with added choice and speed."

There are more than 8,000 billers that accept credit and debit cards as forms of payments – and now banks can give the 47 million households who currently pay directly to biller websites a one-stop, organized place to pay all their bills: from their bank's website. Billeo's PayDirect Assistant improves customer experience with their banks, and creates new revenue streams for the financial institutions.  

For banks: To get started, there are two easy choices:

1. If already offering an in-house bill pay solution, they simply can integrate with Billeo and the PayDirect Assistant will go live for customers.


2. If using a third-party bill pay consolidator, they can ask their service provider to integrate with Billeo to extend the value of the agreement and better serve customers.

For bank customers: Upon sign-in at their bank's website, customers activate Billeo's PayDirect Assistant with a simple click. It only takes three steps for a consumer to pay a bill using Billeo's PayDirect Assistant:

1. The customer selects a biller through their bank's billing directory, and Billeo's PayDirect Assistant brings them directly to the biller's website to log in, securely saving credentials to enable easy log-in for future payments.


2. Billeo's PayDirect Assistant automatically fills the card details on the biller's payment page.


3. After the customer pays a bill, Billeo's PayDirect Assistant saves a receipt on the bank's website, creating a centralized record of payment history.

Billeo's PayDirect Assistant is the ultimate online bill pay assistant, autofilling information throughout the process – from passwords to credit card numbers – and keeping all bill payments organized on the bank's website.

"The card-based online bill pay space is projected to be $1.4 trillion in volume, making the service very attractive to banks," continued Subbarao. "We are working with our various bank partners to enhance their bill pay offerings with features that their customers want, thereby improving customer satisfaction and retention. PayDirect Assistant is a win-win-win for banks, billers and their customers alike."

Billeo's PayDirect Assistant is the company's latest service geared toward helping people reap the rewards of transacting online. Billeo works with several large financial institutions to help improve their customers' online shopping and bill pay experiences, including Visa, American Express, Discover, Wells Fargo, U.S. Bank and NetSpend. Interest on Billeo's PayDirect Assistant from the financial community is strong, with many players working with Billeo to implement the service.

About Billeo, Inc.

Billeo provides a suite of Online Assistants that save people time and money in all types of online transactions, from shopping to bill pay. Its latest tool, the Offer Assistant, delivers high-quality discounts and deals from the loyalty programs of major card programs such as American Express, Visa and others – with no work required. Billeo was founded by seasoned executives well-versed in the online shopping and bill payment spaces. Over 40 banks, six of the top 10 card issuers, and more than 1,500 merchants are part of the trusted Billeo network. For more information about Billeo visit www.billeo.com.

SOURCE Billeo, Inc.

Billeo Helps Financial Institutions Offer Customers More Flexibility and Choice in Online Bill Pay with PayDirect Assistant

For the First Time Ever, Bank Customers Can Pay Bills Instantly - And Now With Debit Cards and Credit Cards

SAN FRANCISCO, May 11 /PRNewswire/ -- FinovateSpring 2010 -- Billeo (www.billeo.com) – a suite of Online Assistants that save people time and money in all types of online transactions, from shopping to bill pay – today announced PayDirect Assistant, a new patent-pending online service that adds first-of-its-kind features and functionality to banks' online bill pay services. Now 31 million bank bill pay customers can make immediate payments – even on the bill's due date – using their debit card or credit card.

(Logo: http://www.newscom.com/cgi-bin/prnh/20091215/BILLEOLOGO)

"We developed PayDirect Assistant to address two common points of frustration for consumers who use their bank's online bill pay services. They can't pay bills instantly, and they can't pay with a card. In fact, of the 31 million bank pay customers, more than half still go to a biller's website to make a same-day payment or earn rewards by paying with a card," said Murali Subbarao, founder and CEO of Billeo. "PayDirect Assistant provides an easy way for our banking partners to enhance their online bill pay services with little effort on their part, attract new bill pay customers and improve their existing customers' bill pay experiences with added choice and speed."

There are more than 8,000 billers that accept credit and debit cards as forms of payments – and now banks can give the 47 million households who currently pay directly to biller websites a one-stop, organized place to pay all their bills: from their bank's website. Billeo's PayDirect Assistant improves customer experience with their banks, and creates new revenue streams for the financial institutions.  

For banks: To get started, there are two easy choices:

1. If already offering an in-house bill pay solution, they simply can integrate with Billeo and the PayDirect Assistant will go live for customers.


2. If using a third-party bill pay consolidator, they can ask their service provider to integrate with Billeo to extend the value of the agreement and better serve customers.

For bank customers: Upon sign-in at their bank's website, customers activate Billeo's PayDirect Assistant with a simple click. It only takes three steps for a consumer to pay a bill using Billeo's PayDirect Assistant:

1. The customer selects a biller through their bank's billing directory, and Billeo's PayDirect Assistant brings them directly to the biller's website to log in, securely saving credentials to enable easy log-in for future payments.


2. Billeo's PayDirect Assistant automatically fills the card details on the biller's payment page.


3. After the customer pays a bill, Billeo's PayDirect Assistant saves a receipt on the bank's website, creating a centralized record of payment history.

Billeo's PayDirect Assistant is the ultimate online bill pay assistant, autofilling information throughout the process – from passwords to credit card numbers – and keeping all bill payments organized on the bank's website.

"The card-based online bill pay space is projected to be $1.4 trillion in volume, making the service very attractive to banks," continued Subbarao. "We are working with our various bank partners to enhance their bill pay offerings with features that their customers want, thereby improving customer satisfaction and retention. PayDirect Assistant is a win-win-win for banks, billers and their customers alike."

Billeo's PayDirect Assistant is the company's latest service geared toward helping people reap the rewards of transacting online. Billeo works with several large financial institutions to help improve their customers' online shopping and bill pay experiences, including Visa, American Express, Discover, Wells Fargo, U.S. Bank and NetSpend. Interest on Billeo's PayDirect Assistant from the financial community is strong, with many players working with Billeo to implement the service.

About Billeo, Inc.

Billeo provides a suite of Online Assistants that save people time and money in all types of online transactions, from shopping to bill pay. Its latest tool, the Offer Assistant, delivers high-quality discounts and deals from the loyalty programs of major card programs such as American Express, Visa and others – with no work required. Billeo was founded by seasoned executives well-versed in the online shopping and bill payment spaces. Over 40 banks, six of the top 10 card issuers, and more than 1,500 merchants are part of the trusted Billeo network. For more information about Billeo visit www.billeo.com.

SOURCE Billeo, Inc.