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 Mumbai and in Bollywood movies) are 'peti' for a Lakh (Rs. 100,000) and 'khokha' for a Crore (Rs. 10,000,000.) and 'tijori' for 100 crores (Rs. 1,000,000,000.) Peti also means suitcase, which is the volume needed to carry a Lakh of currency notes. Tijori means a large safe or a cupboard, which would be the approximate space required to store that money in cash form. Due to the real estate boom in recent times, businessmen also use the terms '2CR' or '3CR' referring to two crores and three crores respectively. In Kenya there are about 42 different languages, which have different