When you get hit with a data breach, you can call your bank to see what you owe
When you receive a bill for your internet service provider (ISP) or a mobile phone provider (MPP) service, you might not even know you’re in trouble.
If you pay your bill in cash, you’re usually in good shape, but if you pay with a debit card or PayPal account, you may be stuck paying an extra $3.25 to the bank or company.
So, to help you make sure you pay as much as you owe, we’ve put together a list of the most common online payment systems and the minimum amounts they’ll require to make a payment.
In most cases, your bank or the company that handles your account will have an agreement with your bank that will let you make a single payment.
If that doesn’t work, the best way to contact your bank is to call the company and ask them to cancel the bill, says Mark Hildebrand, VP of financial services for the payment industry’s trade association, the Payment Industry Association of America.
Hildebrand says it’s important to know what you’re paying.
PayPal will typically require a minimum of $1,500 in cash to process a single debit or credit card payment.
AT&T, which is the nation’s second-largest provider of online payments, requires a minimum balance of $2,500 to process an online bill, and American Express requires $2.25 in cash for a single online bill.
The payment companies will typically not allow you to make payments using credit cards and cash, says Mike Toth, the chief legal officer of financial service company PaymentMasters.
They’ll require you to submit a form that requires you to provide a physical copy of the account.
Payment Master requires a credit card, but only for online payments.
You can also submit a cash payment by cash, Visa, MasterCard or Discover, and you’ll have to provide the name, address and telephone number of the person on file with the company.
If your company charges you for additional fees and services, it may not be able to accept a payment without a bill.
The bill must be at least $300.
If the bill is more than $300, you won’t be able get a refund.
If there’s no bill in your account, your company may not accept a credit or debit card payment from you.
That’s because most credit and debit cards aren’t issued by the government, and your bank won’t recognize them as payment, according to Hildebrant.
Payments through credit cards, which typically charge fees, can take up to a month to process.
Paypal is one of the largest online payment companies, and it will accept payments via credit cards.
Paypal says it takes care of most types of fees associated with online payments by collecting a fee from the credit card or debit processor, as well as from the company making the payment.
Paycard’s fees vary depending on the amount of the transaction, but they include:If the transaction is $500 or less, the company will charge $10.75 to process the payment, plus $2 for the transaction fee.
If the payment is $1 million or more, the payment processor will charge a fee of $10 per transaction and $2 per transaction for any additional fees.
If a bill has more than one amount, the credit or debit card or company will need to charge an additional fee, including $3 for each additional amount.
If this doesn’t seem like a lot, consider how much your credit or bank account is worth.
According to Bankrate.com, your credit score could be worth between $10,000 and $120,000 depending on your credit history.
If it’s not clear what payment methods your company will accept, consider whether you have any options available to you, including:If you don’t, ask your bank for more information about your account and to discuss how to proceed.