Among the most common struggles most households experience comes with their efforts to keep the household finances in order. That is one reason the personal finance app doxo was created. doxo was founded in Seattle by forward-thinking idea people and venture capitalists like Amazon’s Jeff Bezos and his firm, Bezos Expeditions. The creators view doxo as a way to make it easier for ordinary people to keep track of their bills, pay them and to reduce the resultant paperwork.
One reason for that peace of mind is that doxo attempts to make users’ lives completely paperless, by placing all bills and receipts into a virtual file cabinet of sorts; a single location where everyone can manage all their bills and pay them on time, with no complaints or hassles.
Due to their focus, and because of their precipitous build-up of a network of tens of thousands of billers and creditors, doxo users can pay everything from a single online account and don’t have to worry about having to deal with multiple online accounts, or companies that won’t take a credit card or poorly designed websites that turn paying a bill into a major undertaking. A warning to most hackers and scammers; the security surrounding doxo’s bill paying system is so strong, it makes scams almost impossible.
Most of the possible fraud that could surround paying bills are set aside when people choose to use doxo to pay their monthly expenses.