This was posted 1 year 9 months 29 days ago, and might be an out-dated deal.

Related
  • expired

$25 Credit To Pay Your Household Bills @ billsmoov

150
$25 Credit To Pay Your Household Bills @ billsmoov
Go to Deal
AssociatedLbillsmoov on 28/06/2022 - 19:33 waitlist.billsmoov.com (621 clicks)
Last edited 28/06/2022 - 23:37 by 2 other users

Hi All

A few months ago I posted in here about billsmoov (a start up I am building).

https://www.ozbargain.com.au/node/675735

I wanted to thank everyone who provided feedback, its was immensely helpful. We are now just weeks away from launching and we have started building our waitlist. As a thank you to this forum for the incredible value that you have added we have a special promotion for $25 off your first month's bills if you join the waitlist

https://waitlist.billsmoov.com/oz

You will also get an extra $10 for every person you refer to the waitlist up to a total of $100 credit.

Thanks again and we can't wait to begin offering this service.

The billsmoov team

Financial Bill Payment

Related Stores

billsmoov
billsmoov

closed Comments

  • amorn on 28/06/2022 - 19:43

    what is included in the term "bills"?

    • Wardaddy on 28/06/2022 - 19:55
      +17

      Williams.

    • CacheHunter on 28/06/2022 - 22:38
      +1

      duck mouths and the plod

  • AloraanGrogu on 28/06/2022 - 19:44
    +4

    Ok if they pay upfront and you’re not paying in advanced, and there’s no fees and they don’t sell your information, how are you making money? In business everyone needs to make money how are you making yours, I don’t like models where I can’t see where that’s coming from…

    • Skky on 28/06/2022 - 19:47

      by referrals offering you 'better' products because of 'people like you'

    • Wardaddy on 28/06/2022 - 20:09

      I think you do pay in advance.

      • AloraanGrogu on 28/06/2022 - 21:49
        +1

        No they do, if you did I’d go fine they’re making money off holding the money until it’s due..

    • [Deactivated] on 29/06/2022 - 07:20
      +1

      Payment fees and late payment fees to them. Same as afterpay.

      Charge something in the range of 5% transaction fees and it's enough to profit off.

  • Skky on 28/06/2022 - 19:46
    +1

    looks like all those afterpay services that technically put it in short-term credit trap, likely affecting your credit score as well

  • easternculture on 28/06/2022 - 19:48
    +1

    Looks legit
    Trust me bro

    • mr_asstight on 28/06/2022 - 20:02
      +1

      My life is in your hands

  • Slo20 on 28/06/2022 - 19:51
    +3

    Typos for you to fix

    “ NO LATE FEES
    We pay your bills upfront and on time so you don't need to worry late fees again” add “about”

    “ 1. Select Your Providers
    Choose any provider for electricity, gas, water internet, mobile, fixed line, health insurance, auto insurance and general insurance” add “,”

    The wait list rules are also some generic template from a sweepstake terms and conditions.

    • Thrifty Dan on 28/06/2022 - 20:12
      +17

      You called me?

    • OZKap on 29/06/2022 - 08:14

      water internet

      Oh neat, IPoH2O, The Deep will be happy about this development.

    • Associatedbillsmoov @ billsmoov on 29/06/2022 - 13:53

      Thank you

  • Wardaddy on 28/06/2022 - 19:54
    +2

    Doesn't everyone do this as part of managing your budget? I don't get what value you are adding in return for all my valuable financial information.

    • ATangk on 28/06/2022 - 22:14

      Maybe they'll accept $250 and $100 coles mastercards so we can pay bills like rego/insurance which otherwise dont have ways to split the payment?

  • caramellokoala on 28/06/2022 - 20:00
    -6

    Another useless startup fixing a problem that doesn’t exist.

    I look forward to reading a Sydney Morning Herald article on why you failed in 12 months time.

    • Slo20 on 28/06/2022 - 20:04
      +11

      That’s a bit harsh.

      • caramellokoala on 28/06/2022 - 20:16

        It’s not. They’re using stupid word play to make it seem like they’re innovating but all they’re really doing is providing you a short term revolving credit line like a credit card or BNPL service.

        Oh look we are “smoothing” your bills..How innovative!

        • Slo20 on 28/06/2022 - 20:23
          +10

          I’m not disagreeing that it’s just like another BNPL service and I have my scepticism on how it’s a profitable business model if there are no user fees or selling of data.

          The harsh comment was reference you to looking forward to reading about the OP’s failure. Love the idea or hate it but hoping to see someone fail for having an idea and being brave enough to follow through with it is unbecoming.

          • caramellokoala on 28/06/2022 - 20:36
            +2

            @Slo20: Yes by specifically targeting a very vulnerable section of society. People who are unable their bills month to month aren’t the type of people a reputable company should be looking to exploit for profit.

            These guys a very small step above pay day lenders if ask me. Why shouldn’t I be harsh?

            Notice how these guys don’t actually try and help the person(Budget etc), all they do is provide a means to mask a person’s financial issues until they’re even further out of control.

            • Slo20 on 29/06/2022 - 04:20
              +1

              @caramellokoala: That’s the missing part on how this company works. Their claim is no user fees and no late fees to the user so I’m not sure how they are exploiting the vulnerable person. Whereas you have companies like MyBudget who do a similar service but charge the user some exorbitant joining fee (something like $1500 paid in instalments) plus ongoing fees and they make sure they are the first debtor paid every month.

              I think we will have to agree to disagree on this one. It’s not a company for me and I don’t believe it will be profitable but I also don’t see them being predatory.

    • Associatedbillsmoov @ billsmoov on 29/06/2022 - 13:49
      +1

      Thanks for your thoughts and feedback. We think we are solving a problem with regards to how users manage their cash flow, their apathy to switching and general convenience with regards to opening, managing and paying bills. Essentially it is one platform where you can manage all your household bills.

  • Syco on 28/06/2022 - 20:08
    +2

    The way they will make money as a business is, when they have enough ppl in data base and their provider's and average spendings on the bills, they will then send you offers to change providers and they will get commission when you join with their referral.
    It's like those compare websites.
    Also if you are paying in advance the money is sitting in an account and it will generate interest.
    Well I think that's the way they will make money!
    Let me know your thoughts I'm keen to see if I'm on the right track!

    • danny1213 on 28/06/2022 - 20:20

      They wrote in the previous post that they make money from negotiating with the service providers a better rate.

    • Bargain321 on 28/06/2022 - 23:48

      I am kinda thinking along the same line that our money maybe sitting in an account to generate interest? Eg. When I was paying a bill via Sniip a few days in advance before it was due and instructed to be paid now (not schedule). I noticed the money was debited right away from my bank account but my bill wasn't even paid until the due date. So where was the money in between?

    • Associatedbillsmoov @ billsmoov on 29/06/2022 - 13:47
      +1

      Thanks for the feedback. Our plan is to monetise on the billers side as a different payment option. So for the users we would service we would essentially replace BPAY or credit card networks. The advantage we offer billers is payment on time.

      Regarding interest, we actually pay the bills upfront and then replace them with a weekly payment. Over time as we learn more about your payment profile this will smooth to very little variation.

  • tammie74 on 28/06/2022 - 20:19

    Perpetual have products that include bill payments

  • [Deactivated] on 28/06/2022 - 20:26
    +2

    I'm grateful not to need $25 so badly.

    Good luck with the venture/idea though 👍

    • Associatedbillsmoov @ billsmoov on 29/06/2022 - 13:45

      Thanks for the kind wishes.

    • khrome on 29/06/2022 - 15:52
      +1

      $25 will get me 12 litres of petrol or two lettuces. I'm in!

    • Stopback on 30/06/2022 - 16:52

      i missed out on the free $100 + referals on the previous random startup offer - this one seems safer data wise so im in hopefully.

  • jwsc on 28/06/2022 - 21:01
    +1

    are you going to add a referral code generator here?

    • shap08 on 28/06/2022 - 21:03

      I think the mods need to do that

    • Moderatorneil on 28/06/2022 - 23:35

      Added.

      In future,

      To add a store to a referral system and there is a deal like this one, use the report link.

      OR request it on the thread:

      User-Submitted Referral Code/Link Requests & Updates

      • Associatedbillsmoov @ billsmoov on 29/06/2022 - 13:54

        Apologies if I did something incorrect. I thought I had followed all the rules.

        • Moderatorneil on 29/06/2022 - 16:09

          My response was to jwsc on how to request referrals be added into the system.

  • MITM on 29/06/2022 - 14:50
    +2

    To all those that say they will sell your data - they stipulate they don't sell your data without your express permission. So long as it's opt-in and not opt-out.
    However, they may use your data to find a better service deal for you, reducing future bills. They may get commission from the provider at no cost to you.
    To all those that say they negotiate a bulk/volume/group deal with the providers - they are discounted the "would be" payment gateway fees usually charged by Visa, BPay etc.
    So you would effectively still pay the full amount of your bills on a weekly basis - and they would pay a slightly lesser amount on or before the due. A win win win for all.

    • Amazingly on 29/06/2022 - 16:54

      I wouldn't mind this but instead of being spread out with weekly payments, I get a once a year amount to pay at the end of the year.

      Just one payment - that would make life easy.

      Pay it with my points credit card and get a big fuel voucher!

Login or Join to leave a comment
Login Join