Online Bill Pay: The Better Way to Pay
Paying bills electronically can save you time and money, so it's no wonder that many Americans have made the switch.
But many consumers have discovered that automated payments set up through the merchant may cause more problems than they solve. Trouble canceling or altering recurring payments tops the list of consumer complaints. As a result, many experts advise using a financial institution's online bill pay program instead. PFCU’s FREE Electronic Bill Payer offers the same convenience as automated payments, plus it is easy to set up and lets you adjust, delete and add payments whenever you like.
Additional benefits of Electronic Bill Payer include:
- Greater control. When you want to cancel or change a recurring payment made through Electronic Bill Payer, just log on and enter your request. By contrast, with automated payments, the rules for canceling payments can be far more complicated, and may require you to contact both the merchant and the bank or credit card company, often in writing. What's more, credit card companies cannot cancel recurring charges tied to a long-term agreement, such as a gym membership.
- More security. Using our Electronic Bill Payer means fewer companies have access to your bank account or credit card information.
- Streamlined bill payment. There's no need to jump from website to website to confirm existing payments or set up new ones. Electronic Bill Payer lets you pay and track all of your monthly bills from one website, with one log-in and one password.
To sign up for PFCU ‘s FREE Electronic Bill Payer,* log on to Teller Net and click on “Electronic Bill Payer” under the “Pay Bills” tab from the menu options.
* Users that are enrolled, but are inactive for 60 days or longer are subject to a $5.95 monthly fee.
Electronic Bill Payer