- SAVE MONEY – The cost of postage and checks can add up to more than $100.00 per year if you pay your bills using the paper method instead of paying bills online. 1
- SAVE ON FEES – Don't pay transaction fees for paying your bills on a biller website or for paying a bill over the phone.
- SAVE TIME – Save up to 6 hours a year by paying bills online. 2
- TAKE CONTROL – You control when the money is taken from your account when you switch from having your biller auto-deduct payments from your account to paying your bills online.
- REDUCE CLUTTER – Put an end to those stacks of bills. The average household receives about 19 bills and statements and makes 7 payments via paper methods monthly. 1
- REDUCE RISK – Almost 85% of identity theft cases are due to lost checkbooks, check payments, and stolen bills and paper statements. Reduce your identify theft risk - pay bills online. 1, 3
- FEEL SECURE – You can view your bills and account statements and set up payments all with security features designed to safeguard your personal information.
- SAFEGAURD YOUR CREDIT SCORE – Set up e-mail reminders to notify you when bills are due, and schedule automatic payments so your bills are always paid on time. 1
1 See http://www.payitgreen.org for estimates of how paying bills online can save money and resources.
2 PayItGreen, http://payitgreen.org/get-the-facts.html average consumer saves 2.5 minutes per bill when paying electronically instead of writing a check. The 30-minute savings per month is based on paying an average of 10 bills per month
3
Federal Trade Commission 2003 Identity Theft Survey Report
http://www.ftc.gov/os/2003/09/synovatereport.pdf
