Electronic bill payment a reduction in processing costs minimizing paperwork and an increase in customer loyalty. In a 2003 study, the banks said that "customers who pay online show more loyalty and are more receptive to other offers". Electronic bill payment Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account. These payments are typically
Slang terms for money its portrait of Benjamin Franklin, while a Canadian might refer to it as a "Borden", after its portrait of Robert Borden. Since its introduction in 1999, a number of slang terms for the euro have emerged, though differences between languages mean that they are not common across the whole of the eurozone. Some terms are inherited from the legacy currencies, such as "quid" from the Irish pound and various translations of "fiver" or "tenner" being used for notes. The German "Teuro" is a play on the word "teuer", meaning 'expensive'. The Deutsche Mark by comparison was approximately worth half as