SOUTH JORDAN, Utah, Nov. 1, 2012 /PRNewswire/ -- Finicity® Corporation, the developer of Mvelopes, the award-winning, comprehensive envelope budgeting system, today announced the expansion of its Mobile Bill Pay service app to Android devices. Mvelopes is the only household budgeting app that allows users to transfer money from one bank to another quickly and easily, and is designed to make it fast and easy for users to instantly pay bills and manage budget while on-the-go.
On the heels of its successful Mobile Bill Pay for iPhone launch, Mvelopes has introduced the Android app to provide an avenue for Android users to access their personal financial data and completion of transactions in real-time. The app allows users to assign transactions, update finances and budget their money—from anywhere at any time.
"We're noticing an increased need for budgeting tools that fit the quick-paced, on-the-go lifestyle," said Steve Smith, President of Finicity. "Now Android users can pay bills from anywhere while they have their budget in their hands, saving them valuable time and making it more convenient to take care of things without the use of a computer."
Recently named as the "Best Online Money-Management Tool for Over-Spenders" by Kiplinger's Personal Finance Magazine, Mvelopes is the first personal envelope budgeting app to offer real-time synchronization with a web-based client server, opening the door for users to access, add, change or delete financial data from their Android or iPhone device. Using the latest in proximity technologies, Mvelopes Mobile Bill Pay app offers a Check-In feature that lets users easily create transactions from checked-in locations and access the balances and spending categories typically used at that specific location.
"We've reinvented the way users can access their financial data," said Tyler Park, Director of Product Management, Finicity. "With nearly 75% of U.S. consumers using location-based services on their smartphones and 4 out of every 5 consumers using their smartphones to shop, we've designed Mvelopes Mobile Bill Pay app to be the simple solution for organizing finances on the smartphone. On-the-go users can now organize their budget in a similar way they organize their shopping, meal-planning and exercise routines—via smartphone app."
In addition to location-based technologies, Mvelopes allows simultaneous access by multiple users, making it simple for multiple household members to remain on the same page about their budgeting and spending. Android users can even use their smartphones to take pictures of receipts and store the pictures as recent transactions, enabling them to track their spending with accurate documentation.
Finicity is an award-winning Internet and mobile software services company specializing in personal financial productivity applications. For more than a decade, its flagship Mvelopes has helped hundreds of thousands of users regain control of their finances with its digital application of proven envelope budgeting principles. Now the leading personal envelope budgeting solution on the market, Mvelopes has been honored with a PC World 2006 World Class Award, was named one of "The 100 Best Products of Year" by PC World's editors, was recognized as one of "The 4 Best Money Managers" by Success Magazine, and was recently selected by Kiplinger as the 'Best Budgeting Site for Over-Spenders'. Founded in 1999, Finicity is privately held, with headquarters in South Jordan, Utah. Find more information online at www.mvelopes.com.