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Getting Started With PayItGreen

Getting Started With PayItGreen. The business case for PayItGreen Converting customers to electronic billing, statements, and payments is: Good for the environment Good for your business Good for your customers. Good for the environment

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Getting Started With PayItGreen

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  1. Getting Started With PayItGreen

  2. The business case for PayItGreen • Converting customers to electronic billing, statements, and payments is: • Good for the environment • Good for your business • Good for your customers

  3. Good for the environment • Reducing the paper in consumer financial transactions can have a big environmental impact. • By converting 10,000 paper bills and checks to electronic transmittal, we could: • Save 3,729 pounds of paper • Eliminate 148,398 pounds of greenhouse emissions (equivalent to 1,726 new trees grown for 10 years or 20,451 square feet of forest conserved) • Save 35,566 gallons of wastewater from being discharged into lakes, streams, and rivers

  4. Good for your business • A business that reduces the amount of paper payments, statements, and bills: • Improves efficiency, reduces costs, and improves cash forecasting • Increases customer satisfaction and loyalty • Earns a reputation as a good corporate citizen • Makes a positive impact on the environment

  5. Good for your customers • Switching to electronic bills, statements, and payments reduces clutter, saves time and money, and improves account security. • Credit scores can increase significantly when a consumer receives payments by Direct Deposit and uses Direct Payment to pay recurring monthly bills and/or saves and invests automatically. • The average consumer saves 2.5 minutes per bill when paying electronically instead of with a check. • Almost 85 percent of identity thefts occur “offline” due to lost checkbooks, stolen bills, statements, and paper checks.

  6. Provide opportunities to PayItGreen • PayItGreen is a simple, safe, and smart way for consumers to help the environment. • If 1 in 5 households switched to electronic bills, statements, and payments, we could eliminate almost 2 million tons of greenhouse emissions. • PayItGreen is easy and free—the two top factors a consumer considers when making a choice that is best for the environment.

  7. Use PayItGreen resources to get started • Learn what’s available at www.payitgreen.org. • PayItGreen, coordinated by NACHA, will help you get the word out about the positive environmental benefits of electronic billing, statements, and payments. • Join PayItGreen • Members benefit from access to marketing tools, educational resources and research. Check out the website to see what level makes sense for your company.

  8. Get started now • Ask your customers to make the switch to electronic bills, statements, and payments. • Stop the paper because it is good for the environment, good for customers, and good business. • Find out more at: www.payitgreen.org/business

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