3. Bank transactions (web banking) for bill pay, instant wires and archived bank statements, etc.
We used to put these things called checks into little paper envelops. We then put an inexpensive stamp onto them an deposited them in mailboxes. About 3 days later our bills were magically paid.
In all honesty does anyone actually have hard numbers on the number of people that actually use online bill pay? I'll willing to bet that a larger number of people still pay via a mailed check.
Maybe in the US and for business transactions, but the remainder of the world seems to have taken to online and automated phone payments almost exclusively.
We used to put these things called checks into little paper envelops. We then put an inexpensive stamp onto them an deposited them in mailboxes. About 3 days later our bills were magically paid.
In all honesty does anyone actually have hard numbers on the number of people that actually use online bill pay? I'll willing to bet that a larger number of people still pay via a mailed check.