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I already automatically deduct some payments from my bank account. Isn t that the same thing?

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That s an automatic debit. A car loan payment you ve authorized your bank to deduct from your account each is month is an example. Electronic billing and payment is like an automatic debit, only better, because you have the flexibility to change the payment date and amount giving you ultimate control. If you want to set up a recurring bill to be paid automatically, you save more time every month.

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