Narmi And Billshark Partner To Reduce Bills For Millions of Americans

News provided by

Narmi

Jan 04, 2018, 03:00 ET

NEW YORK (PRWEB) January 04, 2018 -- Narmi, a financial technology company based in New York, NY, and Billshark, a financial technology company based in Boston, MA, have partnered to reduce bills for millions of Americans.

Billshark provides bill negotiation services to help consumers reduce monthly bills on cable, satellite TV, wireless phone, internet and many other categories.

Narmi has integrated Billshark’s convenient user experience into its digital banking platform. Account holders at financial institutions that use Narmi’s platform will be able to submit monthly bills for negotiation with just a few taps on their mobile device. Narmi facilitates the information transfer from the account holder to Billshark, and Billshark’s “sharks” take care of the rest.

Through this partnership, Narmi can provide access to Billshark’s services for ~11,500 regional and community financial institutions in the United States. These institutions can now market bill negotiation as an offered service to their account holders.

“This is another example of Narmi partnering with and integrating best-in-class fintech companies into our fintech-focused digital banking platform. We were very impressed with the Billshark team and their passion for saving consumers money,” Narmi Co-Founder Nikhil Lakhanpal stated.

Billshark’s average success rate of 85% in negotiating bills can result in hundreds of dollars returned back to the consumer’s wallet.

Some other facts about Billshark’s value proposition:

  • 80% of bills can be negotiated
  • 300mm of 375mm bills are eligible for negotiation
  • Most consumers don’t know how or when to negotiate – or don’t have time to wait on hold
  • 72% of consumers who complain about high bills never attempt to negotiate

Billshark Co-Founder, Steve McKean, stated, “Billshark is excited to partner with Narmi to bring our convenient, no-hassle approach to lowering monthly bills to their growing network of credit unions and banks. Our team of expert negotiators will make sure consumers never overpay again.”

Nikhil Lakhanpal, Narmi, http://www.narmitech.com, +1 718-509-9671, [email protected]