What is the primary function of Electronic Bill Payment (E-Pay)?

The primary function of Electronic Bill Payment (E-Pay) is to facilitate the electronic payment of bills, allowing consumers and businesses to make payments conveniently and efficiently through electronic means rather than using traditional paper checks or cash. This system enables users to authorize and schedule payments for various bills, such as utilities, loans, and services, directly from their bank accounts or financial institutions.

Using e-pay services streamlines the overall bill payment process, saving users time and reducing the likelihood of errors associated with manual payments. It supports a range of payment options, including one-time payments and recurring payments, ensuring that bills are paid on time without the need for physical checks. By embracing technology, e-pay enhances customer experience and promotes financial management without the hassles of handling cash or mailing physical checks.