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5 Reasons to Use Online Bill Payment


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Saves Green
Checks, envelopes and postage stamps are a thing of the past with online bill payment.
Checks, envelopes and postage stamps are a thing of the past with online bill payment.
iStockphoto/Thinkstock

When you move your bill payment operations online, you'll be doing your part to preserve the Earth's resources -- and some cash.

One of the biggest advantages of paying your bills online, of course, is getting rid of all that paper. Your bank or service provider will ask if you'd rather get statements and reminders e-mailed to you. These days, pretty much any bill that can be mailed can just as easily (and usually more cheaply) be sent electronically. Less mail and fewer envelopes to open (and then refill) means less hassle for you -- and less paper waste in the landfills. And if fewer bills have to be created, that means much less energy and fuel being expended on printing, processing, mailing and transporting them. It's a safe conclusion, then, that online bill payment is an all-around winner in terms of environmental benefits.

And then there's the money-saving part. Obviously, if you're not sending checks in the mail, you're not buying stamps. And because of the aforementioned printing, processing, mailing and transporting, companies spend a whole lot less money on online transactions than they do on the snail-mail variety. This makes them happy, which (sometimes) makes them willing to spread the savings to you, which (sometimes) means lower fees.


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