Two payments companies are tapping into consumers’ affinity for texting—more than 6 billion SMS text messages are sent daily, according to The Small Business Blog—with a bill-pay service and a program for merchants.
First, Detroit-based Diversified Data Processing & Consulting Inc., known as DivDat, added a text-to-pay feature to its mobile app that provides users a way to make bill payments in the metro Detroit area.
“With Text-to-Pay, our biller customers now have another convenient and official secure payment method that consumers can leverage to stay current, and that treasury teams can monitor and manage,” Jason Bierkle, DivDat president and chief executive, says in a statement.
The app also enables users to create payment profiles, add local area billers, pay multiple bills from multiple billers in one transaction, and elect to enroll in auto pay. In 2022, DivDat said MoGo, a Detroit-based bicycle-sharing utility, joined its payment network.
In related news, Schaumburg, Ill.-based NMI, a payments provider and commerce-technology company, said it is working with Authvia, an El Segundo, Calif.-based text-payment platform, to provide Authvia’s TXT2PAY service to its partners and the merchants they work with.
According to the two companies, merchants simply need to enable the service in NMI’s Marketplace to activate the service, which they can use to send invoices and begin receiving payments.