HOUSTON, Nov. 11, 2014 /PRNewswire/ -- Evolve Money, the free bill payment app for desktop and mobile devices owned by PreCash, now offers its customers the option to pay their bills with credit cards. Discover® is the first credit card accepted for payment using the mobile app, with plans to support VISA® and MasterCard® in 2015.
Evolve Money enables customers to pay utilities, wireless, cable, insurance, loans, store cards and more. Using Evolve Money, Discover cardholders can now pay any of the 11,000 service providers supported in the app, while enjoying the benefits. Cardholders also can pay service providers that don't accept credit cards directly – giving them even more options for paying with their Discover card.
More and more consumers are using mobile devices and applications to conduct and manage their finances. According to a recent report from the Federal Reserve, 51 percent of smartphone owners have used mobile banking in the past 12 months, up from 48 percent a year earlier (see more data like this in our recent infographic).
"We are in the midst of a momentous shift in how consumers pay their bills and how they manage their money overall," said Steve Taylor, PreCash CEO. "Giving our customers the option of paying bills with a credit card is another way we are providing payment solutions that fit their needs."
In addition to Discover credit and debit cards, Evolve Money allows users to pay with cash, VISA and MasterCard debit cards and prepaid cards.
Launched in 2013, Evolve Money is operated by PreCash and powered by the company's mobile and online bill pay platform that greatly accelerates the delivery time for payments to thousands of billers. The app allows users to pay their bills for free in two days or less with same-day payments available, including weekends and holidays.
About Evolve Money
Paying bills is a part of life. Evolve Money streamlines the process by allowing consumers to pay of their bills from their desktop and mobile devices for free. More than 11,000 bills can be paid using the application, which accepts cash, debit, prepaid and now credit cards. Evolve Money is owned and operated by PreCash, Inc., a recognized leader in payments and transaction processing. To learn more, visit www.evolvemoney.com or follow us on Facebook and Twitter.
SOURCE Evolve Money