One of the first standalone money management services, Mint, is shutting down its bill payment feature, though users will still be able to track bills on the platform, the company stated this week on its blog.
The shutdown of the feature will go into effect in just a few months on June 30, according to the company’s blog post. Mint did not provide any details as to why they are shutting down the feature.
The feature, which Mint bought for a whopping $360 million four years ago, will be known to longtime fintech watchers as PageOnce, rebranded Check, and rebranded as Mint Bills in 2014.
For those consumers who are using the feature “actively,” Mint is “here to help you navigate to find an alternative payment solution, such as using the billpay feature available through most bank and credit card companies,” the PFM company wrote.
The company also pointed to several “improvements” it had made to its Android mobile app recently, including a calendar update — so you don’t miss all those bills you can no longer pay—as well as the ability to track credit card usage.
Founded in 2006, Mint was acquired by financial software provider Intuit in 2009 (which also owns TurboTax and Quicken, among other financial products). As of 2016, the service had over 20 million users.
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