Online bill pay has become a popular service that many people have used on the Internet for added convenience. Through an online bill pay service, people may be able to conveniently manage various types of bills and never have to worry about paying them through other payment facilities.

Bills can now be paid online through the service, making it easier for consumers to do so and as quickly as possible. The headaches of traveling and needing cash or making check payments for the bills become a thing of the past.

Types of Services

Online bill pay services come in different types. There are online bill pay services being offered by your bank. This service is usually a convenient add on service that allows banks to deduct bills payments from your bank account. This can be set up with the account holder specifying which bills can be automatically deducted from the account on aperiodic basis.

The other type of online bill pay service is one provided by a certain company with whom you are a service client. Phone and many utility companies nowadays have their own online bill pay services to offer added convenience for their clients.

But these types of online bill pay service can only allow you to pay for one bill. For example, a phone company online bill pay will only accept bills payment for client phone bills and nothing else.

Online Bill Pay Set Up

Setting up an online bill pay service can be fairly easy. For your bank's online bill pay service, you will need to have a copy of the bill that your service provider sends you. You can then get into your bank's website and locate their online bill pay facility.

You enroll the service provider for the online bills payment service by simply entering the necessary information such as the name of the company, the address and the service account number. Whenever you need to pay the bill, all you need is to enter the amount and the bill will be electronically paid by your bank.

For the online bill pay service offered by a service provider, you might need to furnish a copy of a voided check for proof of a certain deposit or money account as well as authorization paper allowing the service provider to deduct your bills from your account. The process is similar to a direct deposit from you bank to a service provider.