Benefits Of Online Payment Facility By Credit Union 28. July 2020 Administrator Blog (0) Credit unions are community-based financial institutions that offer additional advantages for their members. They focus on community, attractive and affordable loan rates, and other added perks. Members are offered a variety of financial services for added convenience. One of the most attractive features is the ability to make online payments.Credit unions offer a safe and secure online payment facility. Benefits of using online payment facility offered by a credit union are:Convenience: Online bill pay service makes it easier to organize bills and pay them before they are due. If an individual juggles rent/mortgage, cable, electricity, credit card payments and more; online bill pay can save time and help to avoid late fees. There is no requirement to log into several websites and remember multiple passwords. Credit unions also offer an option to pre-schedule payments on their due date. Whether the bills are received electronically or by mail, members can utilize an online facility to schedule payments. Security: Credit unions use the most suitable security protocols to keep their online transactions secure. Several methods are incorporated to keep member information safe including security layers, etc. Simplified Money Management: Making online payments can help members check account balance and determine whether the bill payment has been scheduled and paid. Other benefits may include searching for specific payments online, access to online payment history, setting up email alerts for payments, etc. Environmental Advantage: One of the biggest benefits of paying bills online is eliminating paper waste. Paying bills online will reduce the use of paper checks. In addition to eliminating paper waste, it also eliminates the costs of postage and envelopes.Easy Consolidation: Using an online payment facility will allow consolidating bills in one place as they are posted from one account each month.Organization: It is certainly possible to lose track of finances, but online bill payments help individuals to organize their records. With all the bills and payments organized at one single place, members can easily know if something is posted incorrectly.Saves Time: Once the electronic bill payment service is set up online, it takes just minutes to pay the bills. Increasingly people are shifting to electronic statements and making use of online bill pay, thus saving themselves time and money.Greater Central Texas Federal Credit Union offers online bill payment facility to its members. The Bill Pay member service helps to conveniently make online payments in a safe and secure manner. For more details on the benefits of online payment facility by credit union, visit 3305 E. Elms Rd., Killeen, TX – 76542. You can also call at (254) 690 – 2274.