BillGo Launches Online Hub to Highlight Bill Pay Relief Information
BillGo Inc, a leading fintech firm specializing in innovative bill pay and real time payments revealed the launch of online hub which provides information.
BillGo Inc, a leading fintech firm specializing in innovative bill pay and real time payments systems revealed the launch of an online hub which provides information on various bill payment relief measures according to its latest announcement. As per statement from the firm, the online hub which was launched earlier this week highlights financial institutions and companies which currently offer payment relief to people victimized by covid-19 outbreak. Given the fact that ongoing covid-19 pandemic has wreaked havoc across all major global economies, various firms across key markets are taking measures to retain competitive edge while providing various support measures in order to increase their popularity and market share. In one such move aimed at supporting people in the region where the firm is based on, BillGo has launched a bill pay relief hub which can be used by American citizens to meet their financial obligations.
This online bill payment relief hub can be availed at billrelief.Billgo.com which contains information in form of list of companies across America that are currently providing relief measures to its consumers who are unable to pay their bills. The information is made available in form of a resourceful interactive map which contains various filters to sort information based on state and industry for precise and easy access to data and also contains links to listed firm’s websites for more information. As of this moment, payment relief in available in five clear modes namely – deferred payments, loan forbearance, waived late fees, suspended service disconnections and delayed eviction and foreclosures. But it should be noted that the hub is not fully complete and fintech service provider is constantly working to regularly update more information as soon as valid data is obtained from both consumers and business operators. This hub primarily uses crowd sourced information and website also mentioned that users can also submit new entries and share programs via their own social media channels to boost coverage of its relief information.
Dan Holt – Co-Founder and CEO of BillGo
Commenting on this move, Dan Holt – Co-Founder and CEO of BillGo said “The COVID-19 pandemic has adversely impacted the financial well-being of millions of U.S. consumers who are now faced with bills they cannot pay. We applaud the financial institutions and billers stepping up to help Americans through a variety of payment assistance programs, and we created the Bill Pay Relief Hub to be a centralized source of information about these efforts”.
Speaking on same note, Mary Anne Keegan – BillGo’s Chief Marketing Officer added “The true power of this resource is just beginning. We’re excited to watch the number of submissions grow as both companies and consumers self-report relief measures in their states. The more that the hub is shared, the more we can do to help alleviate the often-overwhelming financial burden people are now facing on a daily basis”.
Reporting by Karthik Subramanian. Filed 22 April 2020, 21:10 GMT.