(quote) Marge-938695 said:
If so, what is the primary benefit?
If not, why not?
If the company has it set up to be user friendly, I will pay on line from my personal computers. Most credit card companies are user friendly.
But if it is not a user friendly site, I will write a check. For example, my power company allows on-line payment. But if you use it you must agree to receive the bill on-line as well.
I would much prefer using checks only. But no bank around here will return your cancelled checks to you. So if you need a copy for proof of payment, they will sell you a copy. One of the catches here is tha my bank allows me to print a copy of my cancelled check. BUT, and it is a very big BUT, the copy I print cannot be used as proof of payment. Proof of payment is a copy of the check printed by the bank.
The latest headache introduced into this madness is if a company you send a payment to by check, deposits your check electronically, no cancelled check copy is available from anyone.
Now when you pay by check in person, such as at WaMart, they desposit your check electronically right there at the cash register and they return your now cancelled check to you along with your receipt.
So there are pluses and minuses
The plus is you save postage costs. (Not really because as fewer people use the postal system, they keep needing to increase the cost of postage, mainly because the PO is saddled with the costs of the extravagant civil service pension plan.)
Another advantage is that if you forget to mail the check in time to meet the payment deadline date you can go on line and pay immediately saving the penalties for late payment. That is if you make that on-line payment before the deadline.
So, I set up a payment for my credit cards as soon as I receive the bill. Although they say you can schedule your payment on the deadline date, just to be on the safe side, I schedule my payment for the previous business date.