Hi All
My name is Justin Roberts and I am currently launching a new start up called billsmoov (https://billsmoov.com.au). The basic premise of the service is that we want to pay all our users bills for them - that is energy, mobile, internet, insurance, rates, car rego etc - and replace all of those bills with one smoothed regular payment. For example if you had $12k worth of bills a year, instead of having to pay all your bills individually and deal with cash flow variability, you would pay us one $1k payment every month. Bill shock/variability is an issue for a lot of aussies and we are trying to do something to solve it. We also want to make recommendations about where you might be able to save money either pay changing usage or providers.
We are currently in beta mode and testing the value proposition with new users. I would love to get any feedback from potential users about whether they see value in the solution and/or if there is anything else you think we might be missing. I appreciate any and all feedback.
Justin
Yes understand the risk here and appreciate the feedback. We are looking to make agreements with the service providers to alleviate this risk and will be paying 48 hours in advance for certainty of payment. Further we will be providing customers receipts of payment so they know the bill is paid, however appreciate there is a big trust issue to overcome.
Thanks again for making the time to comment