Have you ever received a bill and wished that you had some more time to pay it because of cash flow issues, etc.? I’m sure most of us have been in that situation before. Even if you need more time to pay, you don’t want to miss paying on the due date because of problems and fees that could occur, so you may decide to put the payment on a credit card. That’s obviously not the best solution, but it may be the only one that’s open to you at the time. Of course, now that I’ve seen BillFloat, I think the way that bills are paid in this situation is about to change forever.
If you find yourself in a situation where you need more time to pay a utility, cable, or phone bill (BillFloat also supports other bills), you just tell the service about your bill and account information and they pay it for you. You then have up to thirty days to pay BillFloat back for the bill and their service fee. If you’re skeptical for some reason, just consider the fact that PayPal has invested in the company. It seems to me that they know what works and what doesn’t with online payments.