Definition
A service that allows you to pay bills electronically, streamlining the payment process and helping avoid late fees.
What to consider
- Set up online bill pay for convenience and to avoid late fees.
- Review your account after each transaction to confirm accuracy.
- Use it to automate regular payments and simplify your routine.
Real world scenarios
- To simplify her monthly routine, Ava signed up for online bill pay, which automatically scheduled and paid her recurring bills each month.
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