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moBills from Walletron Gives Billers a New Payment and Presentment Channel via Smartphone

moBills from Walletron Gives Billers a New Payment and Presentment Channel via Smartphone

WalletronThis post is part of our live coverage of FinovateFall 2015.

Making its way to the stage next is the CEO of Walletron.

Walletron’s moBills allows billers to open a new payment and presentment channel in a centralized location on smartphones. Customers receive in their mobile wallet an updated, branded bill, their moBill, every month. Ongoing notifications remind customers to pay, confirm processed payments, and light up users’ devices when their next bill arrives. Payments occur in only a couple of taps.

Once enrolled in moBills, consumers remain authenticated and no further login is required. Full PDF statements can be viewed on users’ phones, and billers now have an immediate connection to customers other than the (often lost or deleted) email. moBills finally provides billers with a true alternative to paper statements.

Presenter: CEO Garrett Baird

 

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Product Launch: April 2015
Metrics: 2 million-plus wallet items added by users, bootstrapped to date
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms

HQ: Philadelphia, Pennsylvania
Founded: 2013
Website: walletron.com