Final answer:
MAX provides free bill pay services for eligible customers with checking and online banking. The distinction between checking and savings accounts has lessened, with some checking accounts earning interest and savings accounts permitting limited check writing.
Step-by-step explanation:
MAX offers free bill pay services to qualifying customers with checking and online banking to pay their bills conveniently online. These services facilitate transactions by providing easy access to funds. Customers can make payments via checking accounts, which may offer features like a debit card, allowing purchases to be deducted directly from the account. Modern banking has seen a convergence of features between checking and savings accounts. Savings accounts might offer interest rates and require either a visit to the bank or use of an automatic teller machine to access funds. However, some banks now offer interest-bearing checking accounts or savings accounts with limited check-writing capabilities, which adds convenience and flexibility to managing finances.