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 popular "readies", though there is debate as to whether this is an obvious reference to the immediate availability of the currency or the red and white colour of the British ten shilling Treasury note of 1914. The related term "cash on the nail" is said to refer to 17th century trading stands in Bristol and elsewhere, over which deals were done and cash changed hands. Other general terms for money include "bread" (Cockney rhyming slang 'bread & honey', money. This also became dough, by derivation from the same root), "cabbage", "clam", "milk", "dosh", "dough", "shillings", "frogskins", "notes", "duckets", "loot", "bones",