What is required before I can make a payment on the Web?What is required before I can make a payment on the Web?
The account you want to make the payment from needs to be set up for Web Financial Services (The ability to do common banking tasks from your computer on a Web site provided by your financial institution.) with a financial institution that allows you to make Web Payments (A payment entered on your financial institutionÆs Web Financial Service Web site. Web payments are sent to your financial institution via the Internet and you can download the details of the transaction into your Money account through your online statement.).
What if I donÆt see either of these buttons?
The financial institution either does not support Web Bill Payment or Money is set up for both Web Bill Payment and Direct Bill Payment (A Direct Financial Service that allows you to pay bills electronically, which can be used with any checking account in the U.S. After you set up Direct Bill Payment at your financial institution, you can have money electronically debited from your account and your financial institution will send that money to your designated payee.). If Money is set up for both, at the top of the page, click the financial institutionÆs logo to access the logon page of its Web Financial Services Web site.
When you download your online statement (An electronic list of the transactions that have cleared your financial institution. The information is similar to the information in your paper statement, and you can use it to update your account records electronically. Online statements are available through both Web and direct banking in Money.) for this financial institution and update your account records, Money will add this transaction to the appropriate Account Register.
How does this differ from paying an E-bill?
While E-bills are paid on the Web, they are paid at your E-bill Web site and you can only pay billers there who deliver the E-bills you receive. A Web payment is created on the Web, but can only be created at the Web site of the financial institution where the account you are making the payment from is held. Usually you can use a Web payment to pay anyone in the U.S. as long as you have their address.
How do I download my online statement?
How do I update my account records automatically?
How do I sign up for Online Services?
WhatÆs the difference between Web and Direct Financial Services?
Tell me how Epays, Apays, Web payments, Xfers, E-bills, and automatic transactions differ.