Amazon Pay just unveiled a bill pay feature at #Money2020
Users can ask Alexa "Alexa, when is my bill due?", get info, Alexa might even compare with prior months, then offer user to pay the bill
Users can ask Alexa "Alexa, when is my bill due?", get info, Alexa might even compare with prior months, then offer user to pay the bill
.@PRGauthier mentioned that 68% of bill-payers are not signed up for auto bill pay b/c they want to track their consumption and might have to prioritize bill payments. Still, high % of bills are not payed b/c people forget about them. Alexa could solve this dilemma.
Bills not appear to be limited to bills from Amazon, @PRGauthier gave example of paying water bills, bill accounts just have to be linked to Alexa. See this as the biggest obstacle, will be interesting how Amazon will integrates external bill payments with user accounts.
Still, interesting opportunity
Amazon tapping into a new data stream to monetize: High electricity bill, offer user more efficient TV on Amazon
Lending: Could offer consumer to pay the bills in installments by just answering "yes" (but probably hard to do regulatory)
Amazon tapping into a new data stream to monetize: High electricity bill, offer user more efficient TV on Amazon
Lending: Could offer consumer to pay the bills in installments by just answering "yes" (but probably hard to do regulatory)
