What are the benefits of check-free bill pay?


Quick Answer

Some of the benefits of a check-free bill pay service are that it is fast and flexible. The service also helps in making the search for vendor contacts much easier since it automatically adds mailing addresses available in the database.

Continue Reading
What are the benefits of check-free bill pay?
Credit: Rob Daly OJO Images Getty Images

Full Answer

One of the benefits of a check-free pay service is that it is free. This means multiple payments can be made without ever incurring any costs. This is cost-effective for those who have to frequently make payments.

Another feature that makes the service beneficial is that it allows for scheduling. Instead of having to write a check every month, a user can simply set the appropriate amount and date of payment for recurring payments. This will allow the system to make payments promptly.

A check-free bill pay system also allows users to send money to anyone regardless of where they do their banking. The user simply has to input the mobile number or email address of the person to receive payment and the transaction will be finalized in less than 24 hours in most cases.

Checking the account status and other transactions is made easy through an online portal. Those using smartphones can also download the check-free pay service application for heightened flexibility.

Learn more about Personal Banking

Related Questions