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Bill Pay
Bill pay is a service offered by some providers that allows you to pay your own or someone else’s utility, car and other bills. In some circumstances, you can also pay bills for beneficiaries elsewhere in the world.
A bill pay service allows you to avoid late fees and can help you avoid derogatory marks on your credit history for missing or delayed payments. You can pay bills for yourself or another person in several different categories including automobile loans, utilities, child support, healthcare, insurance, phones, mortgage and rent, taxes, citations, credit cards and more.
Western Union, Xoom and MoneyGram are three providers that offer a bill pay service.
The Monito Glossary
When it comes to moving money, don't let yourself be bogged down by all the jargon. Explore The Monito Glossary to get up to speed with everything you need to know about money transfers.
Other Popular Money Transfer Definitions
Why Trust Monito?
You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe. Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.
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