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    PayItGreen Alliance says electronic billing can save you money and help the environment

    Consumer Reports News: February 17, 2009 02:47 PM

    We've shown you ways to lower your energy and water bills. And by paying all of your bills electronically, you'll save not only some of your hard-earned cash—fewer stamps to buy and checks to write—but also natural resources.

    The PayItGreen Alliance, a nonprofit coalition of financial-services companies, is among the organizations advocating electronic billing and payments. According to the group's research, if two in 10 U.S. households were to make the switch to electronic bills, statements, and payments, each year we'd save 1.8 million trees and eliminate the use of about 103 million gallons of gasoline; 1.44 billion gallons of wastewater; 8.6 million household garbage bags filled with waste; and 3.9 billion pounds of greenhouse-gas emissions. Use the PayItGreen calculator to determine your household's
    potential green savings.

    Always take precautions when making electronic transactions to keep your financial information secure. For instance, don't pay bills, do your banking, or conduct other financial transactions on public computers. And if you have a high-speed Internet connection at home, discourage hackers from accessing information on your home computers by unplugging the Internet cable or phone line when you're not online. For more advice on Web security and avoiding identity theft, read "Protecting Your Identity" and learn about other online-security measures.—Kristi Wiedemann


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