Farewell bill-paying paper trails…happy trails to you. Remember when bill pay meant sending and receiving paper checks? Or the stress of running out of checks with a bill due? How about dashing to the post office to buy stamps for those bills due like, tomorrow? Today, working around a bank’s office hours is yesterday’s news. Internet banking has become so mainstream, that it’s hard to imagine how we ever got bills paid on time without the Internet.
In fact, checks are increasingly being edged out by online and mobile bill pay options. A 2013 Fiserv survey found: “While the number of U.S. online households that pay a bill by check declined from 61 percent in 2012 to 53 percent in 2013, the number of households using mobile and tablet for bill payment gained ground.” So if you’re still writing out checks, addressing envelopes and making last-minute post office runs, it may be time to upgrade your banking. Here are 15 reasons to get on your online bill pay today.
1. Quick & Nimble
If one of your bills is due tomorrow, paying online is the fastest way for you payment to arrive. It will simply post on time electronically, versus sitting in a snail mail pile of envelopes waiting to be opened.
Read Related: 16 Reasons to Try Online Banking