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
London slang at Matins on the 25th of the month. The 25th March was also the date on which debts were traditionally settled, on which date one would have to "pony up" or "pony out". It is easy to see how slang for a payment on the 25th could develop into a payment of 25 pounds The term "monkey" originally meant a mortgage in working class slang across large parts of the UK. A "monkey on the house" or simply a "monkey" was a mortgage. At that time 500 pounds was a huge sum of money to the poor people who predominantly