Everyone uses a computer system when withdrawing, depositing, or paying utilities at automated teller machines. Also, direct deposit and electronic fund transfers of our incomes and savings to banks, brokerage houses, and creditors are remitted using computerized systems. Many investment companies will allow you to use the internet to make electronic transfers to and from your bank accounts to your brokerage accounts as the need arises. Most electronic fund transfers and automated clearinghouse bill payment systems remit your payment on a specific due date each month that is set by the creditor who accepts payment in this manner, whereas many on-line bill payment programs require you to enter the system from your computer and remit payments from your account to your creditors by their payment due dates.
Today, many systems have been vetted well enough that you can generally feel comfortable that your banks, credit unions, and major on-line payment sources will have adequate security systems so you do not have to be worried about making allowing your payroll checks to be direct deposited into your bank account or making online payments via your computer. You certainly want to make sure that the website is the one for the company you generally deal with and that its payment website link starts with https:// and meets other reasonable safety protocol.
One system is not necessarily better than another, however some companies that offer on-line payment programs charge substantial fees per transaction. Compare costs and security features of on-line, electronic fund transfer, and automated clearinghouse systems to identify the ones that are best for you. An on-line bill payment system or paying bills on-line via the websites of the various companies you make payments to is often a great way to save time and money by reducing postage and check ordering expenses and getting rid of all the paperwork you’ve been maintaining. You can maintain verification of your payments on your computer, in cloud storage, and also find it at the vendors’ websites.
There is generally no need to fear this method of payment. One caution, if you have run into financial problems and are dealing with creditors it is best not to give them access to your bank accounts and credit card accounts because on occasion people have found their accounts raided for more than they expected to be remitted. In this instance, it is best to get your situation organized and under control and pay the creditors with a check or money order once you know the amounts you are able to pay them and still keep enough on hand to take care of your priorities (shelter, food, transportation, etc.).
Technology increasing to allow us such benefits such as on-line payment is a gift from God that we can take advantage of as long as we make reasonable safety checks and verifications of legitimacy of the vendors we use.
Please pray for this ministry and email any questions. May God bless you richly as you follow His plan!!!
Joshua 1:8, Proverbs 2:6-15, 1Corinthians 6:12, Philippians 4:6-7
Please forward these bondage breaking articles to other people who can use helpful insight!!!
You can find books authored by Randy Parlor and Karen Parlor at www.Amazon.com
No comments:
Post a Comment