Check—formerly known as Pageonce—recently launched a new payment option that allows customers to expedite same-day payments from mobile payments to avoid late fees and charges associated with late payments.
In 2010, expedited payment services saved consumers more than $4.8 billion in late fees, and the savings are expected to increase to $6.3 billion by 2015.
The new Check services costs $14.99, which is less than the typical late fee charge, which ranges from $20 to $50.
“This new payment option creates substantial consumer savings and fits well with our strategy of providing the ability to pay anyone, anywhere, and with any type of payment method,” Check CEO Guy Goldstein said. “Our goal is to provide customers with cost-efficient and convenient choices. Convenience is all about speeding up a bill payment on your mobile device in a matter of seconds.”
The new expedited payment option is available to new and existing customers for both Apple and Android. Users can purchase Check’s Bills & Money app in Google Play or iTunes App Store.