I already automatically deduct some payments from my bank account. Is that the same thing as an eBill?
No, that’s an automatic debit. A car loan payment you’ve authorized your bank to deduct from your account each month is an example. Paying your bills online is sort of like an automatic debit, only better, because you maintain control — you decide when to make a payment and you specify the payment amount. If you want to set up a recurring bill to be paid automatically every month so you can save time, you can — with online bill payment, the choice is yours.
Related Questions
- If payments are made automatically from my bank account or processed to my credit card, does that mean FACTS or LCC has direct access to my account?
- I already automatically deduct some payments from my bank account. Is that the same thing as an eBill?
- I already automatically deduct some payments from my bank account. Isn t that the same thing?