Electronic bill payment financial definition of Electronic bill payment. Electronic bill payment finance term by the Free Online Dictionary.

Electronic bill payment. If you have an electronic bill payment arrangement with your bank, your bills are sent to an account you designate and the bank pays them automatically each month by deducting the money from that account and transferring it to your payees, either electronically or by check.

The advantage of using electronic payment is that your bills will be paid on time, though it is your responsibility to ensure that there is enough money on deposit to cover what's due.

When the payments are made to credit accounts with the same bank, you may be offered a slightly reduced interest rate for using the service.

However, you'll want to investigate whether there's an added fee for automatic payment and how much flexibility you have in determining how much of a bill's balance due is paid each month on credit accounts where you have the option to pay less than the full amount owed.

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
No references found			to enable financial institutions to promote Fiserv's Paytraxx electronic bill payment solution to their customers. Fiserv develops marketing module to promote bill pay system by ABA Bank Marketing Best Software plans to begin offering electronic bill payment this month through the company's partnership with Metavante Corp. Electronic payments by Financial Executive Electronic bill payment and presentment--paying bills online--may be the next greatest thing, but consumers are balking at using it. Electronic Bill Payment Slow To Catch On by Government Finance Review			Elastic Elasticidad de la demanda Elasticidad de la oferta Elasticidade da demanda Elasticita Elasticite de la demande elasticity Elasticity of an Option Elasticity of Demand Elasticity of Demand and Supply Elasticity of Supply Elder-Ray Index elderly housing Elect Electing Sale election cycle election of remedies Election Period elective share Elective-Deferral Contribution electric lateral Electrical Exemption Clause electrical rough electrical trim Electronic Benefits Transfer Electronic bill payment Electronic Bill Presentment Electronic Blue Sheet Electronic Check Conversion Electronic Communication Network Electronic Communications Network Electronic Communications Privacy Act Electronic Data Gathering, Analysis, and Retrieval Electronic Data Gathering, Analysis, and Retrieval System Electronic Data Interchange Electronic depository transfers Electronic Fund Transfer Act Electronic Funds Transfer Electronic Funds Transfer System Electronic Funds Transfer Systems Electronic Queriable Carrier Electronic Quotation Service electronic signature Electronic Wallet eleemosynary corporation Elephant Elephants elevation Eleven Bond Index Eli Lilly and Company Eligible bankers' acceptances			Electronic Beam Forming Electronic Beam Fusion Accelerator electronic bearing cursor Electronic Bearing Distance Indicator Electronic Bearing Line electronic bearing marker Electronic Bearing Time Recorder Electronic beats Electronic Bellcore Administrative Format Electronic Bench Top Development Station/System Electronic Benefit Issuance and Control System Electronic Benefit Transfer System Electronic Benefit Transfer/Electronic Funds Transfer Electronic Benefits Transfer Electronic Benefits Transfer Electronic Benefits Transfer Electronic Benefits Transfers Electronic Bible Electronic Bid Set Electronic Bid Solicitation Electronic Bidding by Mario Groleau Electronic Bike Racing Association Electronic Bill Electronic Bill Information Delivery System Electronic Bill Of Material Electronic Bill Pay and Presentment Electronic bill payment Electronic bill presentment Electronic bill presentment and payment Electronic bill presentment and payment Electronic Bill Presentment and Payment Consolidation Electronic Bill Presentments Electronic billing Electronic billing Electronic Billing & Collecting Services Electronic Billing and Payment Electronic Billing and Payment Processing Electronic Billing Presentment & Payment Electronic Bills of Lading Electronic Binding Tariff Information Electronic Bingo Card Monitoring Devices Electronic Bingo Manufacturers' Association, Inc. Electronic Biometric Transmission Specification Electronic Birth Certificate Electronic Blowback electronic blue sheet electronic blue sheet Electronic Blue Sheets Electronic body music Electronic Bonding Electronic Bonding Trouble Administration Electronic book Electronic book Electronic book Electronic Book Exchange Electronic Book Read Only Memory