This is hilarious and wonderful, and attractive to boot. I wish you the best of luck.
I know that the big banks I use offer this service for free (as “Bill Pay”), but maybe there are also-ran banks that don’t? Or is the aim more to address the unbanked and fintech crowds: “Cash App us a lump of dollars and we’ll send it somewhere by check”?
You stoked my curiosity, and I looked around: at a glance, it seems like Chase, Bank of America, Wells Fargo, Capital One, and US Bank all include online bill pay (electronic if possible, with fallback to paper checks) as a built-in feature of their consumer accounts. It looks like weirder branchless ones like Ally, Neo, Chime, and SoFi do this too. Am I missing something that differentiates what you do from what they do?
I don’t mean this as a criticism, just a curiosity! History has shown there’s often more than enough room in the market for smart, reliable, attractive purpose-built tools, even when their function overlaps with incumbents’ notional features.
I know that the big banks I use offer this service for free (as “Bill Pay”), but maybe there are also-ran banks that don’t? Or is the aim more to address the unbanked and fintech crowds: “Cash App us a lump of dollars and we’ll send it somewhere by check”?
You stoked my curiosity, and I looked around: at a glance, it seems like Chase, Bank of America, Wells Fargo, Capital One, and US Bank all include online bill pay (electronic if possible, with fallback to paper checks) as a built-in feature of their consumer accounts. It looks like weirder branchless ones like Ally, Neo, Chime, and SoFi do this too. Am I missing something that differentiates what you do from what they do?
I don’t mean this as a criticism, just a curiosity! History has shown there’s often more than enough room in the market for smart, reliable, attractive purpose-built tools, even when their function overlaps with incumbents’ notional features.