Why And How To Pay Bills Online

Paying bills online is a great timesaver when you take a few cautionary steps to avoid potential problems with losing data and security.

If you own a home computer, chances are you are doing an increasing amount of paperwork on it. Paying bills via the Internet is a terrific way to save time and money since you can log on any time of the day or night, transfer money where it's needed, and not worry about signing checks or mailing statements. Here are some of the reasons that millions of people world-wide are choosing to conduct business in cyberspace:

1. It's convenient. No matter what time of the day or night, you can plunk down in your home office chair, boot up the computer, and pay bills at 3 a.m. if you like. No need to wait on the bank teller's leisure or hand-write a check for the monthly electric bill. In a few clicks you are done while in your pajamas, and you can saunter off to bed with your mind at ease after completing this forgotten task.

2. It's fast. Instead of taking out stamps, envelopes, checkbook, and ledger, you can simply sit down before the computer monitor and open a screen that shows all recent account activity, whether from a bank account or a company's orders screen. Within a couple of minutes you're done and ready to move on to the next account. No need to clean up and put things away, either. Just log off your computer and you're done.

3. It's organized. If you're used to figuring out bills on a spreadsheet or trying to balance your checkbook, you can transfer these tasks online and let your computer do the work for you. There's no further need to sift through reams of paper or stacks of files to find last month's bill or compare statements over the past six months. At a glance or two you can see it all right there on the monitor.

4. It involves less paperwork. While you should print out a copy of each online transaction and keep them in a file under the vendor's name, you may not have the volume of records that the traditional bill-paying method entails. Instead, you can find everything you want from a visual inspection of your online account. Or check the printed copies of various records that you will still maintain for the vendor, but you won't have to spend as much time organizing and maintaining files as before.

5. It's confidential. You won't have to worry about the customers standing behind you at the bank seeing your account number or the amount of cash you put in your wallet. Nor will you be concerned about someone overhearing your account number or password as you discuss them with a teller or sales assistant. Lost receipts dropped at the mall or snatched from a purse may become a thing from the past when you conduct business at home at the privacy of your computer screen.

Online business is definitely the wave of the future. Don't get left behind by failing to keep up with the times. Let your computer do some of the work for you.

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