2008 Woodie Awards
Online bill pay just a click away
Roxanne Popelka
Issue date: 2/23/06 Section: News
- Page 1 of 1
With stamp prices at 39 cents, students are finding safer and more efficient ways to pay their bills.
Internet bill pay is making it more painless to pay for bills on time and without paying postage. It is made possible through online banking, which allows anyone who has Internet access and a bank account to review bank statements and manage money.
Kyle Voss, a Kirkwood student in the Diesel Ag Technology program, uses online banking.
"I can go on and check my account anytime, any minute of the day. I can check my account balance and make sure everything is ok," Voss said.
Online banking is becoming more and more popular because some banks, such as U.S. Bank, are beginning to offer free Internet bill pay so that it is more convenient for everyone.
One of the advantages of Internet bill pay is a person can do it right from a bank's Web site instead of having to go to the site of the biller to pay. This is a better process because a biller's Web site is not as guaranteed as the banks. Another service some online banks offer is automatic logoff after 15 minutes so no one else can steal account information. Also, a bank can guarantee accurate, timely payments and account safety.
"If you go to a web site to pay off your credit card bill, you might have a hassle there because they either took out too much or something. With U.S. Bank, if there is a problem, we make sure that everything runs smoothly and we credit your account for any problems we may have caused," said Jason Pasker, assistant manager of U.S. Bank in Cedar Rapids.
Internet bill pay alerts users through e-mail when bills have gone through so payments don't get lost and regular payments, such as an electric or gas bill, can be renewed.
Bill paying also offers flexibility - users can alter their password anytime and banks never know pin numbers only the customer knows his or her own account information. It saves time and money because postage and gas are cut out.
"It is so much more convenient and there's no running to the bank," Voss said.
Internet bill pay is making it more painless to pay for bills on time and without paying postage. It is made possible through online banking, which allows anyone who has Internet access and a bank account to review bank statements and manage money.
Kyle Voss, a Kirkwood student in the Diesel Ag Technology program, uses online banking.
"I can go on and check my account anytime, any minute of the day. I can check my account balance and make sure everything is ok," Voss said.
Online banking is becoming more and more popular because some banks, such as U.S. Bank, are beginning to offer free Internet bill pay so that it is more convenient for everyone.
One of the advantages of Internet bill pay is a person can do it right from a bank's Web site instead of having to go to the site of the biller to pay. This is a better process because a biller's Web site is not as guaranteed as the banks. Another service some online banks offer is automatic logoff after 15 minutes so no one else can steal account information. Also, a bank can guarantee accurate, timely payments and account safety.
"If you go to a web site to pay off your credit card bill, you might have a hassle there because they either took out too much or something. With U.S. Bank, if there is a problem, we make sure that everything runs smoothly and we credit your account for any problems we may have caused," said Jason Pasker, assistant manager of U.S. Bank in Cedar Rapids.
Internet bill pay alerts users through e-mail when bills have gone through so payments don't get lost and regular payments, such as an electric or gas bill, can be renewed.
Bill paying also offers flexibility - users can alter their password anytime and banks never know pin numbers only the customer knows his or her own account information. It saves time and money because postage and gas are cut out.
"It is so much more convenient and there's no running to the bank," Voss said.