How much of a difference does it make if you bank online?
A recent study sheds light on how electronic payments can help save resources - and money.
PayItGreen reports that most US employees (72%) get paid via direct deposit. However, small companies are less likely to offer the service. PayItGreen is hoping to convince everybody that it's worth it to go electronic.
To make their point, they've created a few calculators for consumers and businesses. You can view your "Financial Paper Footprint", and learn how to reduce it. In addition, the PayItGreen.org 2010 survey reports that businesses can save "anywhere from $2.87 to $3.15 per paycheck" by setting up direct deposit.
In addition to financial and environmental benefits, I'd add that electronic banking saves time and makes life easier.
Do you bank electronically or not? Tell us about it in the comments.
Further reading:
it is well said that electronic banking saves time and makes life easier. Electronic checks (echecks) capture new sales from buyers that do not have credit cards or simply prefer to pay by check. i have a website i.e. http://www.nationalach.com that provide various ach payment srevices. for more details,you can visit the website.
thanks..