Online bill payment systems allow people to pay their bills electronically through the Internet as opposed to writing cheques and mailing them to creditors, or actually going into the bank. Using online bill payment is simple because clients log into their bank's website, enter the names of the creditors they want to pay along with the account numbers, and they can virtually pay all bills from the comfort of their own homes.

A service offered by online banks, usually for a small monthly fee, that relieves consumers from having to write checks and lick stamps to pay their monthly bills. Online bill payment systems allow people to enter the names of their creditors and the numbers of their utility accounts and pay virtually all routine bills.