Clearing Up the Confusion: Exactly What Is Online Bill Payment?Business Editors/High-Tech Writers PURCHASE, N.Y.--(BUSINESS WIRE)--June 3, 2003 Many consumers find it difficult to define online bill payment, which allows you to pay all your bills at a single website, typically operated by your bank. That's the surprising discovery of recent research from MasterCard MasterCard Worldwide (NYSE: MA) is a mutinational corporation based in Purchase, NY in the United States. Throughout the world, its principal business is to process payments between the banks of merchants and the banks of purchasers that use its "Mastercard" branded debit- and International. In fact, consumers often end up confusing con·fuse v. con·fused, con·fus·ing, con·fus·es v.tr. 1. a. To cause to be unable to think with clarity or act with intelligence or understanding; throw off. b. this service with other automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. or online payment channels. With online bill payment, you can pay your bills online from a single site, typically your bank's, anytime you want -- quickly, easily, and conveniently. Plus, you can usually do other things at this website, such as check your balances, review transactions, and transfer money. With online bill payment, unlike other methods, only you have access to your billing and account information, and only you choose whom, when, and how much to pay. Control of the payment process is completely in your hands. "Online Bill Payment -- Exactly What Is It?," a new brochure A brochure or pamphlet is a leaflet advertisement. Brochures may advertise locations, events, hotels, products, services, etc. They are usually succinct in language and eye-catching in design. available at no cost, spells out the differences between online bill payment and other bill payment methods. To get a copy and learn about all the advantages of online bill payment, send e-mail to billsonline@mastercard.com or call, toll-free, 1-800-256-0856. |
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