The Effect of Technology on Billpay

With nearly three-quarters of the Ameri sens population having access to a PC and the internet beginning to emerge as whiz of the around important modern technologies, the stage was set for a renewing in countless industries. Nowa the Internet is the gateway to the world; it has alter many aspects of life from basics such as obtaining meals to luxuries same booking vacations. The time period between roughly 1995 and 2001 had many Internet-based companies come and subsequently go. There were tons of dotcoms that flopped; yet close to of the better concepts still exist and rule their respective Internet-based businesses. some(prenominal) companies offered products and services that were a completely new concept. Other companies nevertheless sought to harness the power of the Internet in piece to improve existing methods and systems. The latter group seemed to save more than overall success. Bill paying is the type of transaction that the Internet could do more efficiently. Payment online eliminates the musical themework and is beneficial to both the consumer and the producer, saving(a) an endless amount of time and money. In the past 30 years, the method of paying bills has changed drastically, and with the Internet continually improving, thither is no slowing in sight.

Throughout history there have been many inventions that have shaped the world. One of these said inventions is paper; paper, or a parchment like writing surface, can be dated to the second century A.D. in mainland China (wikipedia paper). As time passed and papermaking became more evolved, so did the methods of payment. Initially there was communal sharing, then bartering, and finally money (in various forms metal, salt, coinage, paper money). With more civilized cultures the means to buy goods grew in complexity. Eventually, reference book became a dominant form of payment. Credit is simply when one buys a product or service, but does not piddle his payment at the exact day and time of the transaction. The purchaser is billed later and... If you want to get a beneficial essay, order it on our website: Ordercustompaper.com

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