Before there was online bill pay, online statements and mobile banking there was only paper. Paper checks. Paper stamps. Paper Envelopes. The way the silent generation, baby boomers and even Gen X paid bills.
Check writing was the only game-in-town for these generations, but now more than 77% of these folks are active with Mobile computing. Couple that with the cost of postage and checks constantly rising, the check writing process thankfully is going down the road less traveled. Although, some from these generations continue to cling to the familiar and mundane process of check writing, it is expected that the check will die a quiet death.
Whether some are afraid of the “big bad Internet”, fraud or just don’t know how to use an online bill pay service, we are here to share with you that there are more convenient and less expensive ways to pay bills.
Here are some pros of online bill pay:
- Convenience
- Saves money and time
- Safe and secure
- Offers peace of mind
As a Generation Y’er, there was a short period where I used checks, but now I use my Bill.com account. I love the convenience of paying my bills from anywhere that has Internet and even from my mobile phone. When I use my Bill.com account, I don’t have to hand out my account number, my personal information or my signature. And best of all I don’t have to buy stamps or checks!
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