Most banks now allow you to pay your bills over the Internet. You log on to your
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Most banks now allow you to pay your bills over the Internet. You log on to your account to tell the bank which payments it should send out on your behalf. Whereas most banks charge you for writing paper checks, they do not charge for this Internet bill-paying service and, in fact, do not even charge you for their cost of postage. Why are the banks willing to provide this service to you for no fee?
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If you pay your bill by writing a check in the traditional manner there will be a ...View the full answer
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0078034640
7th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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