Did you know that, according a 2009 survey, 38% of people ages 18 to 34 prefer banking online? It’s no surprise that online billing options are now sought out by consumers who would rather pay bills with a click than bother with checks and envelopes or cash. For this reason, it’s a good idea to have quality electric billing services for your company. An estimated 11 billion transactions will shift over the next five years from paper to digital processing. Need more reasons? Here are five reasons that electronic billing services will be the right choice.

1. Cost Savings

Checks cost money both to mail and to process. Companies spend, overall, anywhere from $.75 to $2.00 per billing document, and then another dollar to process the paper bills they receive. Nick Rini, a write