I have been using a bill paying service since 2003. My first one was PayMyBills, which was bought out by Paytrust, Paytrust,, in turn, was bought out by Intuit, the company that sells Quicken brand products, including its own Quicken bill paying service. I think the original idea was that Paytrust would be integrated with Quicken, but this never happened.
When the service started, it was very good. Most bills were extracted electronically from the bill issuer. The set up was sometimes involved,, but once set up, seemed to be infallible. If the bill could not bet set up electronically, then it was read by a person and assigned.
Since Intuit took over, the quality of service has deteriorated markedly. Some paper bills are assigned,,, but most now result in an e-mail asking me to log in to assign the bill. Electronic bill fetching has failed in at least two instances this year. In one instance the computer mistook an account balance of over $4,000 as the minimum payment due, and was all set up to make a "minimum payment" of over $4,,000 before I caught the error. I reported it. It was not fixed so the next month the same thing happened. I reported it again and was told that Paytrust could not fix it,, and recommended I check the bill each month.
In another instance the service could not fetch my Bank of American credit card bill electronically, and failed to notify me of this fact, so a late payment occurred. Paytrust blamed the problem on BoA changing its log-in process. However, logging into my account proved not to have changed. Again, it took several months for Paytrust to figure out their problem.
Customer service, which used to be very good, and located in South Dakota, has been moved to Mumbai, and it no longer worth a damn. My most recent problem to figure out a problem with the Paytrust web site resulted in a disclosure that Paytrust does not have a technical support service for its website.
I am probably not going to stay with the service. The only reason I am still a customer is that it is a long and involved process to change to another service,, and naturally Paytrust does not offer any help in that regard.
It's really too bad. This used to be a great service, but it has been neglected and underfunded to the point where it is now just about moribund. read more