Automatic Bill Payment has been a highly reliable and confidential payment method for more than 25 years. In 1998, more than 1 billion payments were made using Automatic Bill Payment. It is secure and confidential-much more so than checks. Consumers save time, hassle and money. Most people spend the equivalent of three days a year paying their bills.
Consumers also benefit by ensuring their payments are made confidentially and on time.
But check fraud is a huge and growing problem. In addition each check you write passes through many hands. Automatic Bill Payment is much more confidential than checks. Your checks contain a great deal of information about you. With Automatic Bill Payment, the transaction passes electronically from one financial institution to another.