Pageonce’s drive to create a mobile checkbook on your smartphone just reached a new gear.
The new service, Pay Anyone, gives smartphone users the ability to make the sort of frequent, informal payments typically reserved for checks. Rather than write a check to the landlord or the babysitter or the repairman, users will simply be able to make the payment as part of a person-to-person transaction using their Android or iOS device.
- Consumers write 11 billion checks a year to small businesses and individuals
- Pageonce currently processes more than $1 million in bill payments daily
- More than 50% of consumers do not use or rarely carry a checkbook, according to 2013 study
- Pageonce has $23 million in funding; 6,000 billers; more than 7.5 million users