This article contains all the basic information about us 20m seriescoldeweytechcrunch. To know all about promise 20m seriescoldeweytechcrunch keep reading. Here we will also spotlight on the way promise us 20m seriescoldeweytechcrunch work.
Before going to discuss in detail first let’s know about the promise. What is a promise and how does it work for the benefit of people?
About promise Pay
Promise pay makes it easy for United State consumers to manage and pay their utilities and other government fees. For this specific work promise raised 20 million dollars fund promise 20m seriescoldeweytechcrunch.
Promise works for the benefit of consumers and provides multiple ways for paying bills. The vision and mission of the promise are to find such ways which make it easy for customers to pay their bills in installments if they don’t have all the amount at once. For this purpose promise to increase revenue utilities. Secondly, promise pay makes it easy for people to pay and submit their bills without having the issue of being outdated.
Promise has an easy method through which customers can pay their bills without facing any difficulties. The best part of the promise is that it has both traditional and alternative payment methods.
CEO of promise pay
The current CEO of promise pay is Phaedra Ellis-Lamkins. Once she said that we had noticed that lots of locals facing problems when the utility bill comes. Because of the limited time in the bills, they become in trouble, so according to her, the system is not in the favor of those who don’t have a surplus of money.
Government ends its services when consumers don’t pay on time. So it is one of the toughest situations for those who don’t have sufficient money.
Promise us 20m seriescoldeweytechcrunch to raise different series funds with the help of governmental and non-governmental organizations. The promise is attached with some popular companies that help promise to help maximum consumers by displaying flexible payment methods.
Promise pay was Active during pandemic
A promise was struggling in the previous tough situation of covid 19. Where maximum people lost their jobs and just stayed in their houses. In that pandemic, promise pay searched for the needy people who did not have any resources to pay their utilities all at once.
According to the National Governors Association, 20% of United States households were behind on utility payments at the time of the pandemic. So with the help of promise pay and other organizations those households received aid and their services became safe from termination.
A promise can be used for
- Utilities
- Criminal justice
- Transportation
Promise pay and Utilities
Utility bills like electricity and water are always bound to their specific timeline. The consumer must pay the bill within the specific timeline and if he/she exceeds the timeline they will pay extra money to the government. Those who hardly pay the utility bill at once have the option to use promise pay services. The number of customers increases day by day because of the promise of flexible payment plans.
In the case of criminal justices
Same as utility bills, promise pay also help the citizen of the United States in paying parole fees, court fees, or most likely challan or traffic fines.
Promise pay for transportation
Transportation is one of the basic needs for citizens especially when you use it for your job or school purpose. In this case, it becomes your daily routine to use public transportation and pay for it on daily basis.
This becomes a burden for those citizens who have a lack money or have a less salary. Promise pay has special packages for the users in case of transportation. This flexible payment method makes it easy for consumers in the case of transportation.
Payment types of promise pay
Promise accepts online payment from consumers. Promise accepts online payment because of basic reasons.
- Online payment is more accessible than any other type of payment.
- Online payment is now the most common type of payment around the world.
- It has been seen that customers like online payment. As this is very simple and easy and can be done from anywhere without visiting the promise pay office.
Schedule your payment method
This is the beauty of promise pay which allows users to change or manage payment time and method. This type of ease from promise pay, increases and attracts even more customers from the country.
Frequently Asked Questions (FAQ)
- What is the meaning of 20m in the keyword “us 20m seriescoldeweytechcrunch”?
Digit with small m ‘20m’ shows twenty million dollars. This shows the fund raised by the promise us 20m seriescoldeweytechcrunch.
- Does promise pay help with utility bills?
Yes, promise pay helps customers in paying their utility bills. Due to the promise pay flexible payment methods, it becomes easy for users to pay their dues.
- How many investors are there in promise pay?
13 different companies help and rise different series funds for promise pay. According to the Crunchbase website, there were 8 investors and 2 partners in the series B fund.
