Online Bill Pay:
The Better Way to Pay Electronically

Paying bills electronically saves time and money, so it's no wonder that many Americans have made the switch. In fact, since 2005, Americans are using electronic payments more often than checks to pay recurring bills.

One method is to authorize a merchant to deduct payments from your account. However, this often causes more problems than it solves. Difficulty canceling or altering recurring payments tops the list of consumer complaints. As a result, many experts advise using an online bill pay program at your financial institution instead. SESLOC's Online Bill Pay is free, easy to set up and lets you adjust, delete and add payments whenever you like. Bills are paid directly from your SESLOC Checking Account..

Benefits of Online Bill Pay
Greater control. To cancel or change a recurring payment made through Online Bill Pay, just log on and enter your change. By contrast, with merchant-initiated automated payments, the rules for canceling payments can be far more complicated, and may require you to contact the company in writing. What's more, there may be a substantial time delay
before cancellation.

Increased security. Using SESLOC's Online Bill Pay means fewer companies have access to your account or credit card information. Plus, you're not relying on them to securely store and protect your sensitive data.

Streamlined bill payment. You can track all your monthly bills from the SESLOC website with one log-in and one password. You eliminate the need to jump from website to website to confirm existing payments. Activate SESLOC's Bill Payer Service when you log on to SESLOC eBranch. To learn more, visit www.sesloc.org, call (805) 543-1816 or (805) 227-1030, or stop by your nearest branch. You can even bring in a bill and we'll help you get started.

Americans use electronic payments more often than checks to pay recurring bills.