If you’re looking for an easy way to organize and pay your monthly bills, it might be time to consider a bill payment service. Many banks and credit unions offer some form of payment through their online banking portals, but for people with ten bills every month, a larger payment may be necessary. Paying bills online is only half the answer; Taking notes and eliminating paper statements at your home is a critical step toward complete organization. Imagine an empty box with all your paper and payment records in one place on the Internet. If paperless sounds more your style, consider a third-party bill-paying service.
Third-party bill payment services have some of the narrower benefits than individual banks offer. For example, if you rob more than one institution or if you suspect that you will switch banks in the future, using a third party< /a> service is the best way. is to ensure continuity under one umbrella.
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www.paytrust.com
You may be wondering what kind of solution this looks like. Instead of logging in your bank’s website to see your checking account and pay each bill from a paper stack, it will be up to you. place the collection in a separate place that already contains images of your tickets. Short of hiring your personal accountant, the company View (manufacturers of the popular turbo Tax and Live Software) offers the best service for a fee bill. : PAYTRUST. This excellent move, backed by the financial services of a company called Metavante Corporation, blows the competition out of the water.
For under $15 per month, Paytrust offers what they call “complete bill management,” which means they’ll collect your bills. present them to you online, and allow you to pay for those accounts you want by checking in the United States. You can then view your payment history, create reports, and even order years of secure CDs.
Curious about the details? It all starts with registration, when you add your account information and payees. The next step is to start receiving images of your invoices by email. Some companies can use Paytrust users and Passwords to securely retrieve passwords directly from payee websites. For example, if you have a Verizon Wireless phone, opening your meeting at Verizon can “pull” the monthly bill in Paytrust electronically . Pretty smart!
For times when Paytrust is unable to obtain a bill from the target payee, you are assigned a special PO Box where paper statements can be received by mail. When Paytrust receives a piece of mail in your inbox, they will scan it and ask for an image in your center. Between receiving bills electronically and checking paper, Paytrus allows you to dramatically reduce the flow of paper into your home. Bills go directly from your payees to Paytrust!
Depending on the person or company you are paying, Paytrust will either send the payment electronically or send it to an email address. When they send the payment for you, they will indicate either a check number (which will eventually clear at your bank) or an electronic payment (which will show the amount owed to your bank case. If you ever have a problem with payment, 24-hour customer-service-tips “>guardians are available to provide assistance by phone and email. In some cases, they can also contact your payee advocate for you, provide documentation, etc.
The Paytrust service has a few notable features:
· email notifications: you can choose when to receive emails about your bills and payments. They’ll also tell you if no bill arrives when one is expected — or when duplicate bills appear in the same billing cycle.
· Automatic and frequent rules: If you want to issue tickets according to the rules you specify, the service will follow your instructions. You can also order Paytrust to pay the minimum or maximum amount due each month. If you don’t like the idea of automatic payments, then just leave all your payees in the default “manual” option.
· Year-End CDs: If you’re worried about keeping reminders or giving your account an easy way to track your finances, you can order a year-end CD that also contains photos of each Paytrust account.
It is very important to note that, even with a comprehensive bill payment service like Paytrust, your monitoring and attention is crucial. The process is largely automated, but it cannot completely serve your needs on autopilot. But the service is designed to facilitate and efficient bill management. You as a user still have to set up payees, view your bills, make money in your checking account, and read your email to make sure everything is legitimate. The company does an excellent job of sending emails, so don’t ignore them. Above all, remember that Paytrust is not your bank and does not know all the details of your checking account – it simply retrieves invoices and issues payments according to your instructions.
If you commit some extra time in the beginning to learning how Paytrust works and managing it well, you will be rewarded many times later when the service is running like a well-oiled machine. The payment is very popular with people who go to work a lot, spend time abroad, or simply pay a monthly pass. To learn more, you can visit their website (www.paytrust.com) and take a Flash tour.
