How online banking is making managing money easier

When Evan Hirschhorn found the perfect apartment in Manhattan, he planned to pay rent the way he always had: which is to write a check and hand-deliver it to his landlord’s office every month.

“Why don’t you use your bank?” his landlord said.

Hirschhorn soon discovered that, using just his landlord’s address and phone number, he was able to setup a bill payment online for recurring payments, which were delivered on the first day of every month.

“Before automating it, I had been late on a few bills simply because I forgot or I missed an email regarding a payment reminder,” he says. “This way, everything is always paid on time.”

 

Founded in 2003, Mi-Pay Group (LON:MPAY) delivers fully outsourced online and related payment solutions to digital ecommerce clients, primarily in the mobile sector. Its product offering provides the infrastructure to enable pre-paid mobile devices to be topped up via a variety of channels such as websites, mobile applications and social media applications and customers include Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MNVOs). Mi-Pay sells, integrates and operates its products and solutions on a global basis.

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