Asked by Damon

Some online banks offer “online bill pay.” What does this mean?
a.
There is a fee associated with online banking, but the bank will waive that fee as an incentive.
b.
You can visit your bank account online and electronically transfer funds to pay your bills.
c.
The bank will automatically pay your internet bill as a reward for banking with them.
d.
You can use that bank account, and only that bank account, to pay for purchases you make online.

All Answers 1

Answered by GPT-5 mini AI
b. You can visit your bank account online and electronically transfer funds to pay your bills.

Explanation: Online bill pay is a service that lets you schedule and send payments (electronically or by mailed check) from your bank account to companies or individuals through the bank’s website or app.