Not long ago, there was a time when individuals werehesitant to. Many people were sceptical of the security of Internettransactions and saw online bill payment as a loss of financial control. Whatwould stop your insurance or utility supplier from overbilling you or evenstealing your identity if you provided them your checking account number?Writing checks and stamping envelopes seemed safer for some reason, and manypeople stuck to it. With the advent of payment apps, the process of billpayment has simplified.
For many in the twenty-first century, the age-old ordeal ofsitting down with a stack of bills, a stack of envelopes, a tangle of stamps,and a soon-to-be-depleted chequebook is dead and gone. That's because, whilepaying bills still deflates the checking account, it doesn't have to includeany actual checks or take up half an afternoon. There are easy ways to paybills with an online payment app. Initially, you can pay your bills throughyour bank, the biller's website, or a third-party bill payment service that uses digital payment gateway integration.
The following are 4 primary reasons why you should pay yourbills online using mobile bill payment apps:
. Offers variety of payment methods: When you paybills online with payment app you can pay with credit card, debit card, UPI,mobile wallet and netbanking. These days, the card's issuing authority offers numerous benefits in the form of reward points. Such reward points can beconverted into cash to pay credit card bills or used for a variety of otherpurposes, such as earning travel miles or purchasing shopping vouchers. Thereare several advantages to paying your bills with a credit card. Consider howmany miles you could earn by paying tuition and student loans with your airline-linked credit card! It also adds another layer of security to the transaction. And, if you're short on cash, using your credit card eliminates the risk of overdrafts.
· It’s is easy, fast & secure: When you thinkof online bill payment apps, you probably think of sending your bank standingorders to pay your utility bills automatically by debiting your account.However, the number of people paying online with their cards has risendramatically. Cards are increasingly being accepted as a form of online paymentby retailers. People prefer to pay their bills online because it is faster andeasier than writing a check. Even if you wait until the last minute to pay online, you will save time because online transactions are often completed considerably faster than mailed purchases. There's also the possibility that the authority will misplace the check. During a dispute, you can also search the records online for specific dates and amounts that can be used as proof. So, contrary to popular belief, online bill payment is safer than snail mail, and there is further protection when paying bills using credit.
· Simple, paperless and good for the environment: Evenif you wait until the last minute to pay online, you will save time because onlinepayment app transactions are often completed considerably faster than mailed purchases. There's also the possibility that the authority will misplace thecheck. During a dispute, you can also search the records online for specificdates and amounts that can be used as proof. So, contrary to popular belief,online bill payment is safer than snail mail, and there is further protectionwhen paying bills using bill payment app.
· Easy to manage: When you're having troublestaying organised and paying your bills the old-fashioned manner, it's easy tolose sight of your personal money. With bill payment apps, you are not wasting any paper as the entire process is online. If you pay the same bill online,however, you can examine all of your records and immediately notice if anythingis missing. Furthermore, if you utilise a third-party bill-payment providerwith a Customized Payment Gateway, all of your statements are in one locationand can be seen instantly. It's similar to hiring a professional organiser.
