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 "Lady Godiva" for a fiver (£5), or a "Jacks" - Jackson Five (extremely rare) and "diver" for pearl diver (common Glasgow usage). A "Cockle" is £10 - Cock and Hen — ten (also "Ayrton", from Ayrton Senna/Tenner). A "Bobby" is £20 - Bobby Moore (score). In London financial culture, a billion pounds or, more often, US dollars, is referred to as a 'yard'. This derives from the old British English word for a thousand million, a milliard, which has now been replaced by the 'short scale' name 'billion' from US English. The term 'million' for a million pounds or dollars