By getting their members/customers to convert to electronic services such as direct deposit, electronic bill payment services and electronic statements instead of using paper alternatives, businesses can save trees, avoid the release of waste and gasses into the environment. This could be a great move, not only for the environment, but for your bottom line (especially for ‘cash-strapped’ businesses). Over a 10-year span, U.S. businesses saved a total of $6.7 billion just by switching their workers to direct deposit.
Click here to read the New Haven Register article, “’Green’ payrolls save business billions.”
Do you have direct deposit, pay bills or receive statements electronically? If so, is your financial life improved by using this service?