Budgeting app Mvelopes has just added an extremely convenient new feature: the ability to pay bills directly from within the app.
See, while other budgeting apps may have the ability to list bills that need to be paid in their apps, actually paying them becomes a challenge. This new Bill Pay feature allows for transfers directly from the bank to those institutions that need to be paid. It’s possible to add multiple bank accounts – even from entirely different banks – to help make paying back bills easier, and users can transfer money between banks using the app.
When using this feature to directly pay bills, the app can also track payments and forecast future payments to help keep spending in line. While it’s not possible to add new bank information while on the go, scheduling payments for as soon as the next day can be done while mobile. Data is encrypted so that if a device is lost, this important data is safe. These features are available as part of the Mvelopes Premier package for $9.99 a month, and are integrated into the app, which is available now.
Released: 2011-02-17 :: Category: Finance
Tagged with: bill pay, budgeting, Finance, mobile, Mvelopes, update