Mint moves into the bill pay space
Let's jump right in with the press release...
Mint Bills, available on Android, iPhone, iPad mobile devices and now the Web, helps people easily see and pay their bills in one place, so they never have to miss a payment. According to a recent McKinsey study, two out of every five Americans is living paycheck to paycheck, often struggling to balance money coming in and going out. Mint Bills takes the guesswork out of personal finances and helps consumers avoid late fees.
Here’s what’s new:
Mint Bills’ web app: Extends bill pay capability, letting people quickly register, search for and set up their billers based on their zip code. Registered users will see what bills are due and when.
Mint Bills’ mobile apps: Features several significant product improvements, including a complete redesign for Android devices. Formerly known as Check, the mobile apps simplify the registration and startup process, and adds new bill categories designed to help people find and add new bills.
“Mint has historically served as a rear-view mirror for personal finances, providing consumers a look back at their money,” said Barry Saik, senior vice president and general manager of Intuit’s Consumer Ecosystem Group. “Today, we’re taking a more forward-looking approach, helping people to anticipate and accomplish must-do financial tasks, such as paying bills, so they can feel confident and in control of their money.”
At first I was excited that we'd get a fully integrated solution with the Mint.com that I've used for the last 7 years. Unfortunately, it looks like this is an entirely different application which was purchased by Intuit and wrapped into the Mint brand. Oh well...
