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
Payment for ecosystem services native vegetation were enrolled in the program under 46 landowners. Funding for the program was initially provided by the US Fish and Wildlife Service, before the Municipality of Pampagrande began making payments for the services One of the program's most unique aspects is the landowners' specific request that they be paid in-kind with beehives. They claimed that they wanted their compensation to last beyond a simple cash transfer. Along with the beehives, payment recipients are able to receive training in apiculture. It also allowed for those who prefer cash to sell their hives. An organizational obstacle to the program is