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-   -   Another Work Question using YOU as a customer panel (http://74.208.121.111/LoT/showthread.php?t=10849)

Alex 11-01-2010 02:17 PM

Another Work Question using YOU as a customer panel
 
As a banking customer, how strongly would you react if, rather than charging a flat fee for Online Bill Pay, you were instead charged the cost of the stamp IF (and only IF) the payment had to go out in the mail (most Online Bill Payments are fulfilled electronically but a not-insignificant percentage of the time your bank has to print and mail a paper check).

Gemini Cricket 11-01-2010 02:22 PM

My current Online Bill Pay service is free.
But if I was charged for it and they wanted to do the stamp charge instead, I'd be okay. My bills are few. It would actually be less than what some banks charge for the service.

katiesue 11-01-2010 02:29 PM

I agree with GC. Mine is also free but I think only one of the checks I send goes out as a paper check, HOA dues, and I'd have no problem if the cost was the stamp cost. I'd still use it as it's still easier for me that writing and posting an actual check.

Ghoulish Delight 11-01-2010 02:36 PM

What they said

DreadPirateRoberts 11-01-2010 02:53 PM

What he said

alphabassettgrrl 11-01-2010 04:03 PM

I don't know. The bill-pay we use now is free, and I'd be surprised if they send many paper checks on our behalf.

I think my first reaction if they started charging for the service would be to stop using it and send the checks myself. I might suck it up later and go back, and pay for it, but initially I'd not pay.

BarTopDancer 11-01-2010 06:08 PM

Quote:

Originally Posted by Ghoulish Delight (Post 336356)
What they said

This.

I'm about to run out of paper checks and when I do I'll switch my rent over to electronic pay. As it is the only checks I write are for rent. I'd rather pay for the stamp versus paying for another book of checks and buying stamps and mailing the check myself.

€uroMeinke 11-01-2010 07:23 PM

If it's just the cost of the stamp, that would be fine, though I would be suspicious that this was a foot in the door to get people use to paying a "transaction fee" leading to the slippery slope of bank making money by sending paper checks as a "service" discouraging them from pushing the use of electronic transactions which would not get the additional service fee.

Kevy Baby 11-01-2010 07:35 PM

I agree with Ghoulish Delight, but disagree with DreadPirateRoberts

BarTopDancer 11-01-2010 07:41 PM

My payment area shows me what businesses I set up require paper checks.

There's always the option to pay the company directly. Though the one company that requires a physical check also charges $2.50 to pay it through their website.


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