Basic Banking

Paying Bills Online

What are the disadvantages of using online bill paying?

Security can be a big factor for some people. There is some risk of users getting trapped into a phishing scam, where a spammer may send to you a fake Website that looks as if it has originated from your vendor, like your phone company or credit card company, asking you for your log in identification number and password. The user sends that information to the spammer, who then can access other accounts that they may have, or make fraudulent purchases.


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