Intuit Inc. said it will integrate CyberBills’ Total Bill Management
service into
Quicken.com’s online bill payment and
presentment service, which is expected to launch this fall.
This agreement will enable consumers to receive and pay all of their bills at
a single site on the Web at Quicken.com, Intuit said. By integrating the two services,
Quicken.com will be able to offer online bills direct from the biller as well
as the ability to manage paper bills online.
CyberBills’ service allows consumers to view, pay, control and automate all
of their bills over the Internet.
Portions of the “pay anyone” bill payment and presentment service will be
integrated into the same interface Quicken.com users employ to manage their
finances. Financial arrangements between the companies were not disclosed.
Quicken.com already offers users the ability to manage multiple investment
portfolios, obtain financial information and advice and comparison shop for
mortgages and insurance.
“As the pioneer of total bill presentment and payment over the Internet,
CyberBills brings the consumer the same kind of enhanced and streamlined
financial service that we are known for,” said Intuit senior vice president
and chief technology officer Eric Dunn.
“This partnership is a major step
forward in Intuit’s strategy to provide consumers with convenient and easy
ways to manage their bills and finances on the Web.”
CyberBills’ Total Bill Management service allows consumers, via the Web, to
see their bills as they would appear on paper and fully automate their
payments.
Founded in 1998, CyberBills has developed and deployed methods and technology
to support a single interface that allows consumers to view, pay, manage and
automate all of their bills over the Internet.
CyberBills offers its service directly to consumers at StatusFactory.com.
Intuit markets the personal finance software Quicken; TurboTax, a tax
preparation software; and QuickBooks, a small business accounting software.
