Portal for Electronic Bill Presentment and Payment Launches
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San Antonio, TX-based billserv.com Inc. launched a preview version of bills.com, an Internet portal where consumers will be able to pay all their bills online at no charge.
When launched later this year, bills.com also will enable billers to present electronic bills for payment for little or no cost, unlike other bill presentment sites, the company said. bills.com is a wholly owned subsidiary of billserv.com.
Beginning immediately, consumers can register at bills.com to learn more about electronic billing and designate the bills they would like to pay online. Subscribers will receive regular updates from bills.com on the portal's progress, partnerships and launch activities.
"bills.com will become the starting point on the Internet where billers deliver their bills and consumers pay them," said David Jones, creator of bills.com and senior vice president of billserv.com. "Electronic bill presentment and payment is the next significant business application for the Internet. . .We see the portal business model as the perfect means to create value for billers and consumers by using partnerships and advertising to offset the costs normally charged to users."
billserv.com said it has formal business relationships with several major electronic bill payment companies.
"Bills must be paid every month, which means that bills.com will have a subscriber base who visits the portal regularly," said Michael Long, CEO of billserv.com. "This guaranteed base of 'sticky eyeballs' creates tremendous value for partners, sponsors and advertisers who will reach consumers through bills.com."