doxo, the leading innovator in consumer bill payment solutions, has unveiled the doxoBILLS Private Pay Wallet™, a key component of its All-in-One Bill Pay service. The Private Pay Wallet eliminates the need for consumers to share sensitive payment information with multiple billers, protecting billions in household spending from payment fraud and data breaches.
doxo introduces the Private Pay Wallet™ to protect consumers from payment fraud and identity theft.
Eliminates the need to share bank or card details across multiple billers.
Consolidates payments for over 120,000 billers into one secure, encrypted system.
Addresses rising identity theft, costing U.S. consumers $10 billion annually.
Integrates with doxoBILLS’ Six Essentials for complete bill management and security.
Available via doxoPLUS subscription for $5.99/month, offering added protection and insights.
For decades, paying monthly bills has required consumers to share financial information—bank accounts, debit cards, or credit cards—with each biller. This decentralized process exposes personal and banking data to multiple systems, many of which have varying levels of security.
According to doxo’s 2024 Hidden Costs of Bill Pay Report, the direct out-of-pocket cost of identity fraud reached $10 billion annually, or $76 per household, up from $67 the prior year. The average U.S. data breach now exceeds $9 million, with financial and utility sectors among the most vulnerable.
Meanwhile, U.S. households manage an average of 13 recurring payments per month, driving $196 billion in hidden costs annually due to late fees, overdrafts, and identity theft. These combined losses underscore the need for a safer, centralized payment system.
“Every time a consumer shares their payment information with another biller, they increase their risk of fraud or a data breach,” said Steve Shivers, Co-founder and CEO of doxo. “doxoBILLS Private Pay Wallet™ changes that equation by giving users a simple, universal way to pay bills—without ever handing over their financial information.”
The doxoBILLS Private Pay Wallet™ consolidates all bill payments into a single, encrypted channel, removing the need for consumers to share payment credentials with each individual biller. It offers universal payment access while keeping bank and card details secure, directly addressing identity theft at its root.
With one secure login, users can:
Add and manage multiple payment methods—bank account, debit, or credit card.
Pay over 120,000 billers without revealing sensitive account details.
Automatically update payment accounts for uninterrupted transactions.
Receive real-time alerts when payment methods expire.
Minimize fraud risk by reducing exposure of financial data across platforms.
The Private Pay Wallet forms the secure foundation for credential-free transactions, merging convenience with comprehensive protection.
The Private Pay Wallet™ is part of the Six Essentials framework that defines doxoBILLS — the industry’s most comprehensive and secure approach to bill management. These six elements include:
Unified Bill Pay Calendar
Private Pay Wallet™
Real-Time Bank Balance & Free Payments
$1M Identity Theft Protection
Credit Score Protection
Insights
Together, these capabilities empower users to manage every bill from one login—across any device—with enhanced control, visibility, and protection. Built on doxo’s Bill Pay OS, this ecosystem enables secure, AI-ready financial management for modern households.
The doxoPLUS subscription extends these protections and insights for just $5.99 per month (plus tax), offering consumers peace of mind with a unified bill management experience.
doxo delivers innovation that transforms the bill pay experience for consumers, billers, and financial technology providers. For over 10 million consumers, doxo’s all-in-one bill pay makes it simple to organize and pay any bill on any device through a secure checkout.
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