There are three levels of service: online bill paying, online bill notification, and full-service online bill notification. It is very easy to open an account. In most cases, you can do this online, skipping paperwork. Charges paid online: You'll still obtain your bills by postal mail, but you'll fee all or some of them by accessing your online account. Your bank will also transfer the money by e-mail or will mail a check on your name. Many online bank accounts enable you to do this. Online bill notification: Together with paying your bills online, you will also receive any or all of them online rather than by postal mail. If the receiver doesn't admit online payments, the service will send a paper check. Check Free, Quicken, Yahoo, Bills.com, and Citibank offer such services.

Full-service online bill presentment: Under this type of service, you change your billing address to a company that receives your bills in the mail, scans them and posts images of them on its Web site. You then pay those bills online. If the recipient doesn't accept electronic payments, the service will send a paper check. Paytrust.com and Status Factory supply this service. This is particularly helpful for habitual travelers. Select an economically good company, so you don't have to deal with the situations of shift your charging address for all your bills if the corporation goes ruined.

Online bill payment services can save you time, postage costs, and help you avoid late penalty fees.
Many online bill payment processors will even give you extra bonuses for using their services.