Over its four years helping customers pay bills on time, BillFloat has grown rapidly. More than 930,000 customers currently use the company to pay bills to over 2,500 billers. Recently, BillFloat completed extensive research in order to build a profile of its average customer and learn what they think of its service.
The typical BillFloat customer is a female parent between the age of 25 and 45. She has some college education, works a full-time job, and makes between $35,000 and $45,000 every year. She only uses BillFloat occasionally. The vast majority of customers pay their bills on time and without assistance in the billing period after they use BillFloat.
BillFloat customers most frequently use the service to cover wireless bills. They also rely on BillFloat to occasionally pay their utilities, insurance, and cable bills. In addition, most customers who have responded to the company’s surveys do not see BillFloat as a license to make late payments, and an overwhelming majority of them appreciate billers who offer the service and would like to see more companies make use of it.
Since its inception in 2009, BillFloat has helped hundreds of thousands of customers pay their bills on time. BillFloat pays a customer’s bill and the customer pays BillFloat back later. This is an affordable service with a processing fee and interest on the bill amount covered. The service can be used to pay a variety of different types of bills, including the following:
BillFloat maintains relationships with dozens of mobile phone companies, including major providers such as Sprint, T-Mobile, and Verizon Wireless.
Hundreds of insurance companies accept payment through BillFloat, and they range in size from smaller players to some of the largest insurers in the United States, such as State Farm, Allstate, Geico, and Farmers.
BillFloat can be used to pay bills from more than 900 utility companies across the U.S.
BillFloat is currently set up to issue payments to more than 1,000 homeowners associations across the country.
In addition, customers can use BillFloat to pay cable and satellite television bills, car loan payments, and more. For a full list of the billers that BillFloat pays, visit the company online at www.billfloat.com.