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
State Secretariat for International Financial Matters State Secretariat for International Financial Matters The State Secretariat for International Financial Matters (SIF; French: "Secrétariat d'État aux questions financières internationales", German "Staatssekretariat für internationale Finanzfragen", Italian "Segreteria di Stato per le questioni finanziarie internazionali", Romansh "Secretariat da stadi per dumondas finanzialas internaziunalas") is an administrative unit of the Swiss Confederation. It is an office of the federal administration of Switzerland under the responsibility of the Federal Department of Finance, and was established on 1 March 2010. The State Secretariat for International Financial Matters defends Switzerland's interests in international financial, tax and monetary matters. It promotes international competitiveness, the integrity