PayNet is an online payment service option offered by People's United Bank on behalf of Blue Cross and Blue Shield of Vermont. It allows you (the subscriber/payer) to make a fast, easy, online payment 24 hours a day.
PayNet only accepts ACH payments, meaning that only bank checking accounts can be used for processing payments (no credit or debit cards).
People's United Bank charges a $0.60 convenience fee for using this service. The fee will be charged to you (the subscriber/payer) by People's United Bank at the time of payment.
To use this service, all you need is your:
NOTE: This service only accepts payments made via ACH, meaning that only bank checking accounts can be used for processing payments (no credit or debit cards).
You will receive a confirmation number, as well as a confirmation email once the transaction is complete.
| Payment Made | Post Date | Example |
|---|---|---|
| Before 2:15pm EST | Next business day | Payment made 10/10/09 at 2:10pm EST Payment will post 10/11/09 |
| After 2:15pm EST | Second business day | Payment made 10/10/09 at 2:45pm EST Payment will post 10/12/09 |