ELI5: Explain Like I'm 5

Electronic bill payment

Electronic bill payment is a way of paying bills without using cash or paper checks. Instead of writing a check and mailing it off, you can use your computer or smartphone to pay your bills online. You can set up automatic payments for certain bills or you can manually enter the amount you want to pay and the date you want to pay it. No more waiting for the mail to arrive or waiting in line at the bank!