eBILLPLACE.com the one-stop website where consumers can get the facts about receiving and paying bills online now provides even more tools to help them begin using e-bills and online bill pay. They can learn about the benefits of managing their bills online with tools and resources, including environmental and cash/time savings calculators, demos, and FAQs.
E-bills are electronic versions of paper bills received at bank or credit union websites, most of the time for free. E-bills contain all the same information as paper bills and can be accessed online for six months or downloaded and saved for extended timeframes.
There are many benefits to managing bills online rather than using paper bills and checks including:
Turning e-bills on and paper bills off may seem like a small change, but it can have a big impact on the environment. According to the PayItGreen Alliance, every year the average household can:
- Save 6.6 pounds of paper
- Save .079 trees
- Avoid the use of 4.5 gallons of gasoline to mail bills, statements, and payments
- Avoid release of 63 gallons of wastewater into the environment
- Avoid producing 171 pounds of greenhouse gas emissions
At eBILLPLACE, consumers can calculate the positive impact their actions can have on the environment by using the Environmental Savings Calculator.
Cash and Time Savings
When consumers receive and pay bills electronically, they no longer have to write checks, stuff envelopes, lick stamps or mail anything so it saves valuable time and money.
See just how much can be saved annually by using the Cash and Time Savings Calculator at eBILLPLACE.
Almost 85% of identity theft cases are due to offline activities, according to Javelin Research and Strategy. By receiving and paying bills online, the flow of personal information in unsecured mailboxes is significantly reduced. Consumers can learn more about protecting their identity with Six Tips for Protecting Your Identity by Javelin Research and Strategy.
In addition to environmental, cash and time savings, and increased security, there are many other benefits to receiving and paying bills online, including:
- Convenience View, pay and print bills anytime from anywhere.
- Improved record keeping Easily find and file past bill statements and payments.
- Reminders Receive e-mail notifications and alerts when new bills arrive or need to be paid.
- Less clutter Never lose track of bills.
- Cancel at any time - Consumers can always return to paper bills if they're not satisfied with the electronic version.
Find more information about managing bills online at eBILLPLACE.com.
CheckFree, now part of Fiserv, is a member of the PayItGreen Alliance, a coalition of financial services companies led by NACHA that is committed to educating consumers and businesses about the positive environmental impact of choosing electronic payments, bills, and statements instead of paper. At PayItGreen.org, consumers can find more information about the environmental benefits of e-bills and payments and business and financial institutions can find resources to help educate their consumers.