The Stress and Strain of Bill Payment is Lessened With doxo

Located in Seattle, doxo was founded as a partnership between several venture capitalists, including Amazon CEO Jeff Bezos' firm, Bezos Expeditions. Their goal with this venture was to make it easier for people and small businesses to pay their bills no matter where they are when they're due, all from one single account. As of now, doxo can point to millions of users and they can rightfully claim it has changed the way those millions pay their bills. It seems like a warning to the other players in the personal finance space; this is the first crowd-sourced, consumer-centered bill payment solution.

Recently, the leaders at doxo expanded its entire operation, to make sure their customers know they are intent on preventing scams and warning hackers to stay away. After they doubled their customer base, they also expanded their customer service and support capability. At the same time, they are constantly working to expand their partnerships with major companies, to the point that 45,000 billers of all sizes allow customers to access their bills and pay them through doxo. That list of billers runs the gamut, and includes industries such as utilities, finance, telecom, banking and insurance, among many other sectors. It seems they are sending a warning to the competition; there are few bills that can’t be paid through doxo.

The personal financial services segment of the economy represents roughly half of all household spending. That is why the folks at doxo started the company in the first place. The act of managing and paying all the bills in a typical household is one of the most frustrating and confounding tasks every family has to face. On average, households pay at least 10 or more bills every month and many of them juggle several online accounts, the occasional creditor that won't take a credit card and a number of websites that won't work with a mobile phone or tablet.

Warning: With doxo, You Might Like Paying Bills

The personal finance app and bill paying system doxo holds what can be considered a very unique position in the area of personal finance management. Even though there are plenty of other useful tools in that space, doxo is unique in its ability to allow you to pay a large number of bills from a large number of companies all from one central location. The doxo system doesn't just serve as a bill payment hub, however; it also serves as a digital filing cabinet of sorts where you can keep all of your household and/or small business paperwork. The system includes warnings when bills come due, but it also gives users almost total control over the payments.

Among the most popular features of the doxo system is its ability to upload and store all important family documents, including statements and bills from mortgage companies, car finance companies, insurance companies and much more. According to doxo reviews, this seems to be the most popular feature of the service, possibly because it's so unique. You not only get a warning that a bill is due, and a notice that it's been paid, but if you want to keep track of the family's spending, you can examine each and every bill anytime you want. In short, one of the best features of the doxo system is its ability to make you truly paperless.

doxo was founded a decade ago in Seattle by a number of idea people and venture capitalists, including Jeff Bezos of Amazon, whose Bezos Expeditions was in on the founding. At the heart of the idea is the notion that paying a thankless chore and it should be easier for everyone. Since then, the leaders at doxo have worked to expand their network substantially, to include a wide range of industries. Companies have been joining the doxo network for years now, because they believe it is important to help customers pay bills.