Online Bill Pay – Saves Time, Postage, Trees and Money
Eliminating your paper trail by banking and paying bills online does more than save trees. It also helps reduce fuel consumption by the trucks and planes that transport paper checks. If every U.S. home viewed and paid its bills online, the switch would cut solid waste by 1.6 billion tons a year and curb greenhouse-gas emissions by 2.1 million tons a year, according to Javelin Strategy & Research.”
~ Time Global Warming Survivor Guide: 51 Things We can Do To Save the Environment
Paper Invoices vs Electronic Invoices:
|
| Paper Billing |
Electronic Billing |
| Invoice Paper |
.01 |
$0 |
| Envelope |
.10 |
$0 |
| Postage |
.42 |
$0 |
| Labor : postage application to envelopes, delivery to post box or post office (approx $7.25 employee for 1 hr for sample) |
7.25 |
| Fuel for transportation to delivery address (1 gal used as an example) |
$4.00 |
$0 |
| Estimated time to deliver invoices |
1 – 3 days |
1 minute |
Want to accept payments from your customers on your website?
Here is what is required:
| Technology Required |
Estimated Cost |
| Merchant account – where funds are deposited separate from your regular business checking account. |
$10/month |
| Credit card processing account, with an online gateway. |
$10/month, 1 ½ - 2% per transaction .25 gateway charges |
| Online form to accept payments One time setup fee estimated |
$300 - $400 |
Want more information about getting Online Bill Pay for your website, with NO OBLIGATION? Contact Us