Intuit Inc. announced today that it has entered into a purchase agreement for Check, a leader in mobile bill pay services that currently has 10 million registered users. With this acquisition Intuit is poised to accelerate its ability to offer bill pay services in conjunction with its small business and personal finance products and in so doing help retain, attract and improve service to those customers.
Via the integration of Check into the Intuit ecosystem, consumers and small business customers will gain critical bill payment capabilities. Check offers a mobile App that automates and consolidates the bill pay process, reducing the complexity for consumers. Check customers can monitor their accounts and bills, receive alerts when bills are due or funds are low, and pay their bills automatically.
For more information about the acquisition see Intuit's Press Release.