Electronic bill payment 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 executed electronically as a direct deposit through a national payment system, operated by the banks or in conjunction with the government. Payment is typically initiated by the payer but can also be set up as
Slang terms for money Slang terms for money Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a single language community some of the slang terms vary across social, ethnic, economic, and geographic strata, but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language (e.g., "buck" for a dollar or similar currency in various nations including Australia, Canada, New Zealand, South Africa, Nigeria and the United States). The five-cent coin is sometimes referred to as "shrapnel", or “shrappers,”