Which option describes using online bill pay?

Which option describes using online bill pay?

• A. A service to transfer money to another person via texting.
• B. A service that allows you to pay bills directly from your checking account online.
• C. A method to withdraw cash at an ATM.
• D. A method to deposit a check at a bank.

Answer: (B)

Online bill pay is a service that lets you pay bills directly from your checking account online through your bank’s website or mobile app. You add payees, schedule one-time or recurring payments, and the bank sends the payment on your behalf, often electronically or by mailing a check. This makes it convenient to manage all bills in one place, control when payments go out, and keep a payment history for reference. The other options describe different activities: transferring money to someone via text is a person-to-person payment, withdrawing cash at an ATM is cash access, and depositing a check is a deposit transaction. So paying bills online from your checking account is the correct description.

Online bill pay is a service that lets you pay bills directly from your checking account online through your bank’s website or mobile app. You add payees, schedule one-time or recurring payments, and the bank sends the payment on your behalf, often electronically or by mailing a check. This makes it convenient to manage all bills in one place, control when payments go out, and keep a payment history for reference. The other options describe different activities: transferring money to someone via text is a person-to-person payment, withdrawing cash at an ATM is cash access, and depositing a check is a deposit transaction. So paying bills online from your checking account is the correct description.