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Online bill pay is an electronic payment service offered by many banks, credit unions and bill-pay services. It allows consumers to make various types of payments through a website or app, such as ...
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
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According to its annual report for 2016, Kitsap Bank held more than $1 billion in deposit accounts and had assets totaling $1.1 billion. [8] That year, it had the largest market share of banks in Jefferson County, Washington, with $113 million in deposits equaling about 23 percent of the value of all deposit accounts in the county.
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