All kinds of companies have started offering their services online; this includes banks. Recently, my banks have started offering their services to me online. Using this option, I can see my monthly statements online, and in between statements I can look at my checking account transactions almost immediately after I deposit or withdraw money to or from my account. All checks that I write get scanned so that I can see them. This is easier for me and for the bank, and it saves the bank money because they don’t have to pay to mail the statements to me monthly, so everybody wins!

      I also have an account on a website called Paypal. Paypal makes it easy for users to safely send money over the internet. It is often used by ebay users. Paypal is essentially an online bank account of money that can be used to purchase things online or that can be transferred to a real bank account. Usually I don’t transfer money from my paypal account to my checking account—I just use whatever money I have in my paypal account to make online purchases.