Best Services for Online Bill Payment

Seven Fantastic Ways to Pay Your Bills

Anyone can now quickly and easily pay their bills thanks to the internet. You can create a secure online account that allows you to pay all your bills from one location securely using an online bill-pay service, which will save you time and effort. Additionally, you can prevent late payments by using automated payments or prearranged reminders and alerts.

How to Use Online Bill Payment Services

Your chosen bill-pay service should receive your monthly payments. You will need to go in and change the amount each month for expenses that change, such as your electric or water bill may also set the day on which payments are due. For payments that are the same each month, like a car or mortgage, you'll need to know the payee's name, address, phone number, account number, and amount owed.

How to Use Online Bill Pay: What to Watch Out For

When selecting the best bill-paying program for your needs, you should compare cost, comfort, dependability, usability, accessibility, automation, and security.

Benefits of Online Bill Payment

The advantages provided by each online bill payment service—whether it be a specialized software application, an app, or a website—vary slightly. Some examples are the same-day payments, managing paper bills, and automated set-and-forget processes. Registering for and using a service that meets your needs will save you on checks, postage, and late fees. Learn about the operation of some of the top bill-paying services and how they can aid in money management.

Prism

With Prism Money, you'll never need to forget another payment. This app keeps track of your bills and notifies you when they are due with updates. It displays an overview of all of your bills in one location. You can pay each bill however you'd like, using a credit card, debit card, prepaid card, or bank account. Prism even provides same-day bill pay, which may be helpful if you don't remember a bill until the very last minute. Since Mint Bill Pay and Unbilled are no longer available, Prism joined BillGO in 2018 and positions itself as an alternative. Prism is free for download on the iPhone, Kindle tablets, Android phones, Windows phones, and Windows computers.

Fast Bill Pay

You can use Quicken Bill Pay separately or in conjunction with Quicken's financial software. Quicken Bill Pay costs $9.95 per month using Quicken Starter or Deluxe. The service is cost-free if you have Premier. You can pay all of your bills at once using Quicken Bill Pay. You can access your dashboard electronic and paper bills and review and schedule everything. Additionally, if you use Quicken, your transactions are automatically updated when you pay bills using Quicken Bill Pay.

Important:

Never send account information via email when paying bills online, and think about using a service that uses a two-step verification procedure.

MyCheckFree

You can pay bills from hundreds of businesses online using MyCheckFree, a service provided by the massive banking service provider Fiserv. The service's mascot, Scout, the dog, "fetches" bills for you on the website, which has an outdated design, but MyCheckFree's low cost and 100% money-back guarantee make it worthwhile.

Paytrust

Your paper bills will be scanned and displayed online as part of the Paytrust service. No matter what kind of bills you receive, you can pay them all in one place because it also manages e-bills. Paytrust offers a one-month free trial, after which the service costs $9.95 per month.

Cards pprepaidor credit

You can use a credit card or prepaid card to pay bills online if you have one. You already have credit cards registered in your name and use your credit line to make purchases. When using prepaid cards, ensure the card is loaded with enough funds to pay the bill and that it is registered to you. You can set up recurring bill payments or make one-time payments with both types of cards. This kind of online bill pay can be especially advantageous if you have a credit card offering cash back or points for purchases you pay off each month.

Tip:

You can set up automatic payments from your bank account with most utility and loan companies. For bills with variable monthly payments, this can be useful.

The bank or credit union you use

Many banks, brokerages, and other financial institutions have websites that provide free online services, such as the ability to pay bills. These online banking platforms, however, might not offer all the features that a specialized online bill payment service does. To determine whether online banks can meet your needs, consider the benefits of using them and their services. You can typically schedule payments in advance through financial institutions that provide bill-paying services, which helps avoid late payments.

Via the corporate website

Of course, you can always pay your billers directly by going to their website or online bill payment service. By selecting this option, you give the biller—whether it's a utility, mortgage lender, phone provider, or another service provider—access to your financial data and permit them to deduct the amount of your bill from your account.

Main Points:

You can pay your bills quickly and easily online every month.
You can save time and money by using online bill pay.
Look for free or inexpensive, safe, accessible, simple to use, and dependable online bill-paying options when making your decision.
Set up online bill payment using an app, a prepaid debit card, your bank or credit union, your payee's website, computer software, or an app.

Frequently Asked Questions(FAQs)

Is it secure to use an online service for paying bills?

Yes, paying your bills online can be even more secure than paying with paper checks that have all your financial information printed on them if you use a secure, reputable site with a rigorous verification process.

Can I pay my bills online without a checking account?

To use online bill pay, a checking account is typically necessary. You might be able to use the service without a checking account if you pay with a prepaid debit card or a cash management app.