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What are the benefits of electronic payment?

Benefits electronic payment
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What are the benefits of electronic payment?

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• Eliminates the possibility of lost or stolen checks • Eliminates postage expense and reduces the risk of late payments • Ensures rapid, timely, and accurate tax payments • Helps to ensure security and confidentiality for all transactions • Allows taxpayers to schedule future payments •

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205.14 Electronic fund transfer service provider not holding consumer’s account. 205.15 Electronic fund transfer of government benefits. …

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