getting started with payitgreen. the business case for payitgreen converting customers to electronic...

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• 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

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

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.

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.

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.

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