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Online Bill Pay service

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  • Online Bill Pay service

    Has anyone used mvelopes.com for budgeting and bill pay? Your experience? other software used?

  • #2
    Use Quicken for online bill payment. Works just fine ... just remember that all bill payment services have a lead time. Really no different than writing a check and posting it.

    For Quicken the first time you set a a bill payee the lead time is 6 days. From there it drops to 3 days.

    As to your question, who is the firm? I would ask some tough questions particularly if your going to entrust your financial details to a 3rd party.

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    • #3
      I've paid bills electronically since 1999 when I began a job at CheckFree, the leading service. (The majority of U.S. banks that offer billpay are actually using a rebranded CheckFree service.)

      Although I no longer work there, I've stayed with the service. Thousands of on time payments later, I can't fathom ever going back to paper.

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      • #4
        How about your bank

        I use the service that my bank provides. Works well.

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        • #5
          Yes, too complicated

          Originally posted by sailfast01 View Post
          Has anyone used mvelopes.com for budgeting and bill pay? Your experience? other software used?
          I tried mvelopes and found credit card charges and payments unnecessarily complicated, requiring too many steps. The overall concept is fine but implementation is not intuitive for non-accountant people who don't understand double-entry systems.

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