Automatic
Bill Payment
Learn how
to pay your bills automatically with MasterCard!
Take time
to relax, and leave the bill paying to us.
Paying
your recurring monthly bills has never been
easier. With MasterCard's Automatic Bill
Payment, you can pre-authorize participating
merchants to automatically charge your MasterCard
card on a regular basis.
MasterCard’s
Automatic Bill Payment helps you:
-
Eliminate check-writing hassles
-
Avoid
late-payment fees
-
Save
postage costs and time
-
Earn
interest, because your money remains in the bank
until payments are due.
Setting up
the service
Many types
of merchants and service providers participate
in MasterCard's Automatic Bill
Payment - from insurance companies to home
security providers. Before setting up the
service, you'll first need to determine if your
service provider or merchant accepts MasterCard
as a form of Automatic Bill Payment. If they do,
simply contact the merchant to set up
the service.
Payment
options
Payments
may be made monthly, weekly, quarterly, etc. -
depending on what you and the
merchant or service provider agree upon. The
pre-authorized amount can be a fixed dollar
amount, or it can fluctuate like your phone
bill, depending on the terms of the agreement.
The plan is flexible, too-you can stop automatic
payments at any time or use this
payment method indefinitely.
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