I got the following notice(below) from paymybills (now paytrust). It says..."Your new monthly fee will be $10.95, which includes up to 30 free transactions*
* Note: Effective with this new plan, receiving a bill and paying a bill are considered separate transactions. Notices are not counted as transactions.
In other words you can only view and pay 15 bills for $10.95 (and that is the discounted price), pay $1.00 to view and pay each additional Bill. Looks like the Model is breaking down..
Benny(IPO market doesn't look good either)
Greetings from PayMyBills,
As America's leading online bill management service, PayMyBills.com has worked hard to help you save time, eliminate clutter and enjoy peace of mind knowing that your personal finances are under control. With PayMyBills, you experience the ultimate in convenience and rest assured that your privacy and security are preserved. Innovative features like SmartBalanceā¢, color bill images and wireless access add even more value.
To continue our industry-leading level of innovation and service, we are unfortunately no longer able to provide you with our service free of charge. We want to recognize the loyalty of our valued current customers by offering you a discount off of the standard monthly service fee of $12.95. Your new monthly fee will be $10.95, which includes up to 30 free transactions* per month. Any additional transactions will incur a $.50 charge. Your new service fee will go into effect with the billing cycle that begins 30 days from the date of this notice.
We understand that you may be disappointed by the discontinuation of your free service, but we hope that you recognize the economic realities of providing this service and the value you have received through the promotion to date. Please also keep in mind that we protect your privacy by not selling or sharing your personal information with anyone.
While most customers will find the standard pricing plan the most attractive, two alternative pricing plans are also available to you. If you have only a few monthly bills or a considerably larger number of monthly bills, please click the link below to review these other pricing options.
billcenter.paymybills.com
PayMyBills is committed to serving you with a passion for excellence and innovation. We are currently focused on obtaining more electronic bills, issuing more electronic payments, and ushering in other exciting service enhancements. We realize that the new service fee will represent a greater monthly commitment from you, and we pledge to continue delivering a service that is unparalleled in meeting your complete bill management needs.
As always, if you have any questions, please do not hesitate to contact us at support@paymybills.com. Answers to frequently asked questions about the new service fee can be read by clicking on the link below.
paymybills.com
Sincerely, Flint Lane President PayMyBills.com
paymybills.com
*Note: Effective with this new plan, receiving a bill and paying a bill are considered separate transactions. Notices are not counted as transactions. |