How to Pay Bills Online

Posted on December 31st, 2008 by Paul

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Let’s face it, everybody hates bills. They take a good amount of your budget and obligate you to pay at a specific time. As if that’s not enough, you still need to travel across town just to pay bank bills, government bills and other invoices. Good thing technology stepped in. It made the ordeal a bit easier for anyone who has an internet connection. Now everyone has the luxury of paying their bills online.

Why Online Payments?

Many different websites are developed to make regular activities more convenient. Some websites accommodate online payments, which are advantageous to both the customer and the company. By ordering online, people don’t have to travel to get their desired goods. The company, on the other hand, garners more profits, given the short time spent for collecting payments. Remember, time is gold for any business.

The Credit Card and Online Payments

You can avail of onlne payments with your credit card. Through your card, the websites can get your payment from the bank, which adds to your monthly credit card bill. You can purchase anything you see on the internet, as long as it falls under your credit limit.

Two Ways To Make Online Payments

There are three ways to pay bills online.

Register an account with a pay site, which is tied to the creditor.
Sign up for online payments with your bank.
Payment via the company website

All three options are pretty convenient. Some people even avail of all methods to get more coverage with their online payments.

Pay Sites

Making online payments through pay sites is the more popular of the two options. They are the third parties in an online transaction. The sites process the payments for you then delivers it to the creditor through the internet. Many websites that sell goods or services are tied to a pay site, which makes online payments possible. The pay site, in turn, earns profits through the percentage they get from every transaction.

Creating a Pay Site Account

Availing the services of a pay site is simple. You just have to create an account with one and you’re all set. Best of all, registration is free, so you shouldn’t have any trouble signing up for the service. To make things easier, here’s an overview on how to create a pay site account.

Visit the pay site ’s website. (ex. www.paypal.com)
Click on “Register” or “Sign Up.”
Enter the information asked for by the site, along with your credit info.
After completing the registration form, click submit.
Check your email for the account activation code.
Enter the code on the link provided by the email. Once it is entered, your account is active.

With a pay site account, you can purchase anything on the internet. You can now view the world wide web as your ultimate market place.

Payment Via the Company Website

Companies that want a more direct approach bypass the pay site, as they hold their own online payment systems within their websites. Payment is quick and easy. You just have to enter your credit info, click on your orders then confirm the transaction. Your purchase will then be delivered to your address on the specified date or earlier.

Creating an account with company sites is identical to the process involved with pay sites. Just give all of the necessary info. When your account has been formalized, you can proceed with your online transactions.

Sign Up with Your Bank

Given e-commerce’s current popularity, most banks have joined in on the fray. To avail of the feature, you can visit your bank’s nearest branch or call their customer service number. Ask the customer service representative to activate your account and you’re all set.

The Risk of Getting Hacked?

Hackers and fraudulent individuals know about the popularity of online transactions, so they will try to gain access to your account. The good thing is, sites that permit online transactions are secure, which means the risk of those sites getting hacked is pretty low. In your case, you should scan your computer regularly with your updated anti-virus and anti spyware software to avoid hackers. Don’t readily open email from suspicious or unknown people, unless you have consulted your techie friends.

The Online Payment Advantage

Today, millions of people pay their bills online. Their number steadily increases, which is prompted by the feature’s advantages. Imagine a purchasing an HDTV or a new computer just by tinkering with your mouse and keyboard. Now that’s convenience. Better release the inner spender in your and avail of the online payment advantage now.