Womply, a local commerce platform that provides apps, APIs, marketing, and financial tools to make local commerce happen, announced the public launch of Womply Bills – an effortless way for business owners to pay any bill with just a credit card, even where cards are not accepted.
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Womply today launched Womply Bills – an effortless way for business owners to pay any bill with just a credit card, even where cards are not accepted.
Businesses continue to spend a significant amount of time and resources to pay important bills (like rent, utilities, and taxes) from vendors that often do not accept credit cards. Simultaneously, many businesses aren’t able to access capital when they need it most, because banks and other lenders fail to extend it during these unpredictable times. Womply Bills solves these problems by allowing businesses to use their existing credit cards to pay any business, ensuring their payments are made on time while preserving their cash on hand for any unforeseen emergencies.
“Despite the cost and grief, companies still have to use paper checks to pay their bills,” says Womply Founder Toby Scammell. “But, it doesn’t have to be so expensive, cumbersome, or time consuming. Womply Bills alleviates these pain points with an elegant solution that’s simple to use and benefits the business owner. Now, businesses can extend their cash, avoid costly cash advances, and better budget for expenses, all while saving time, gaining flexibility on due dates, and racking up credit card rewards, points, and cash back.”
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Any U.S. business can use Womply Bills to pay practically any expense – from rent to mortgage payments, and utilities to taxes. Once a business signs up for Womply Bills, they follow a simple 3-step process to pay any bill:
- Make a payment: The business adds their credit card and identifies who they are paying, when the payment should be sent, and the amount of the payment.
- Womply charges the preferred card: A nominal 3% fee is added on top of the payment. Many business credit cards offer between 1.5% and 5% cash back, so the fee can be offset by the myriad advantages of credit card rewards.
- Womply sends the payment to the selected recipient: The payment is tracked end-to-end, and is delivered in as little as 7 business days.
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