3 ms·
Bill pay adds several middlemen. Before there was each party’s bank and the postal service. Now there’s the bank’s bill pay department which is sometimes contra
by supertrope 3y ago
Bill pay adds several middlemen. Before there was each party’s bank and the postal service. Now there’s the bank’s bill pay department which is sometimes contracted out. The actual printing and mailing of the check is usually contracted out. The bill pay service sometimes tries to be smart about binding an address to a name and sometimes autocorrects to the wrong address. Finally checks always have human error on the part of the two meat bags that are the payer and payee (threw out envelope or let it fall off their table and under a couch).
- niij 3y agoBill Pay systems just mail checks?
- ZekeSulastin 3y agoThat's usually the fallback method in case they can't find some way to do an electronic transfer.
- JoshTriplett 3y agoThat's the last-ditch method for making sure they can pay anyone. My bank lets me pay anyone via online bill pay, some of whom have registered with the bank in a manner that allows fast transfers, and some of whom get mailed a check that may take up to 5 days to arrive.