The present invention provides a method and a system for consolidating bill payment-related information. A consolidation toolbar is installed inside the browser of a user's computer. The consolidation toolbar enables the user to interact with a virtual consolidation system for facilitating online bill payment-related activities. Lists of all the billers that are of interest to the user are presented through the consolidation toolbar. On selecting a biller, the user is presented with the login page on the biller's web site. The virtual consolidation system assists the user in providing the required information on various web pages on the selected biller's web site, to perform various payment-related activities.