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Basic Banking

Paying Bills Online

What are the advantages of using online bill paying?

Most often, the reason for using online bill payments is time and convenience. Users no longer have to spend time sifting through paper bills, writing checks, getting and using stamps, and sending the checks in the mail. Online bill paying also helps reduce late fees, as the transactions, when posted before the due date online, are immediate. The funds are withdrawn at the click of the mouse.