More Utah FinTech From Silicon Slopes Utilizing SAAS Business Model
Lehi, UT, Tuesday, October 30, 2018 – Rising out of the abundant technology array in Utah, Blytz Pay disrupts current customer communication by providing individual consideration in bill pay via text messaging. Blytz is a natural progression as routine bill pay has advanced beyond paper statements, email reminders, and web logins. Blytz Pay is a financial exchange model for instant, real-time payments.
Led by CEO and Founder, Robyn Burkinshaw, BlytzPay connects all consumer groups with convenient financial technology across industries such as insurance, student loans, utilities, and housing. Blytz provides affordable finance alternatives to disadvantaged and low-income groups who, like unbanked/underbanked, may have little to no access to mainstream financial services.
“Blytz gives companies the opportunity to acknowledge their customers personally as they offer nimble ability to pay anything from utilities, car payments, mortgage, and student loans, to school lunch,” said Burkinshaw. “We will empower many companies in creating a personal interaction before a transaction. That is exceptional customer service that engenders trust and value.”
The Blytz service is about versatility for anyone, with cash payment one month, Visa the next, ACH the next – customers can change their payment type of the fly, securely inside their mobile device without a costly phone call to a customer service agent or a cumbersome trip to a site that requires yet another username and password.
Leveraging APIs to create a connected network of financial institutions for the customer, Blytz is establishing speed, security, and satisfaction for any service collection. This Blytz benefit is approaching people exactly where they are – their mobile device. Consumers across the US are paying $3.9 trillion in over 14.7 billion bills annually*.
“Given the fact that the average text message is read within 60 seconds of receipt, Blytz is poised to transform payment processing across numerous industries,” said Robyn Burkinshaw. “Our innovation is an ingenious service add, replacing merchant processing, marketing software, and auto dialers. Blytz is now.”
Blytz is a convenient payment platform allowing companies to directly interact with their customers utilizing the latest mobile technology. The Blytz SaaS (Software As A Service) simplifies an outmoded bill pay structure, allowing customers to click and pay via SMS interaction. Text. Pay. Done. The wallet is an instantaneous way to engender consumer approval and engagement. For more information, visit https://www.blytzpay.com.
Student Debt (44 million borrowers with $1.3 trillion in debt)
Insurance: Avg. American 10,000/year
Utilities: 7% of annual income
Revolving Credit: Current outstanding US debt $9992.4 billion
Test messages have a 99% open rate
95% of text messages are read between three minutes
78% of consumers wish they could text businesses