Digital Transactions

doxo’s Free Bill Pay Rollout Featured by Digital Transactions

Digital Transactions covers doxo’s rollout of free bill payments when individuals pay via their linked bank account. Reporter Peter Lucas interviews doxo CEO Steve Shivers about what this means for consumer bill pay as well as biller business concerns. He writes:

“Utilities can’t absorb the transaction fees, so they pass those fees along to the consumer,” says Shivers. “By linking consumers’ bank accounts direct to the biller, we can eliminate pass-through fees.”