What is Bill Me Later?
Put simply, Bill Me Later (corporate) is the best way to pay when shopping online. You can access the Bill Me Later customer website for logging in and paying your bills here. This is where you manager your Bill Me Later account and choose to either get bills in the mail or pay your bills online through an ACH transfer.
Why use it?
- It allows you to buy stuff online without the need to have a credit card or bank account. You only need to know your date of birth and last 4 digits of your SSN #. How many times have you been in a different room then your credit card, but you wanted to buy something? It happens to me all the time, but now with Bill Me Later that will never happen again. It's so easy to pay that it's almost dangerous!
- It's the most secure way to buy stuff online as well because there is no credit card information stored on a customer website that could be compromised.
- All liability for purchases is put on Bill Me Later in case of fraud. And Bill Me Later has excellent fraud prevention techniques.
- No interest/payments for 90 days on most purchases. Sometimes it's even longer depending on promotions and merchants.
No, they are quite different. Paypal and google force you to store your bank information and/or credit card number in their system (Not secure). And they do not offer interest free financing. These 2 options also require you to already have an existing credit card in order to use them.
Note: Since Bill Me Later is an open line of credit, be aware that if you don't pay your bill in full when it's due that you'll be charged interest. It works almost like any other credit card behind the scenes.
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