Answer: Online bill payment means paying bills online by setting up an account to make one-time or recurring payments.
Step-by-step explanation:
Online bill payment refers to automatic bill payment which enables customers to receive and pay bills online without the use of cheque. It remits payment immediately and it put an end to paper waste. It is a convenient, safe and inexpensive way of paying bills on time by setting up an account to make one-time or recurring payments. It is also called electronic bill payment.