Mobile and web payment service doxo announced on Thursday (May 21) that it is adding Apple Pay compatibility, according to a release by the company.
The bill pay market is worth $3.9 trillion, the company said, and comprises 55 percent of annual household spending.
“With doxo, consumers already have the ability to pay all their bills with a single login, on any device, using their credit card, debit card, or bank account,” the company said. “With the addition of Apple Pay, doxo expands upon its offering to provide an easy, secure and private way to pay any biller with the most convenient payment options.”
Steve Shivers, CEO of doxo, said the company wants to make bill paying easier and more convenient for all of its users.
“Most of our users’ bill payments each month originate from their mobile devices, and half of those are using an iOS device. So, Apple Pay has been a highly requested feature for its convenience in simplifying and securing payments,” Shivers said. “This is just one of many steps we’re taking on our mission to greatly simplify and reduce the hassle of bill pay for our millions of users, and thereby bring new benefits to the billers on doxo. Many billers, individually, struggle to keep up with the pace and breadth of payments options. Simply by joining doxo’s national payment network, billers benefit from our continued expansion of payment choices, without having to manage the complexity, integrations and expense themselves.”
The company said that unlike with other bill payment options, doxo users can stay on top of everything with a single login, and don’t have to go to different sites or remember multiple logins. The company also offers privacy and protection that doesn’t require users to give personal pay info to each biller.
“Security and privacy are at the core of Apple Pay, which naturally aligns with doxo’s priorities. When you use a credit or debit card with Apple Pay, the actual card numbers are never stored on the device, nor on Apple servers. Instead, a unique token is assigned, encrypted and securely stored in the Secure Element on your device and each transaction is authorized with a one-time dynamic security code,” the company said.