On my online bank account it has a tab labeled Pay Bills, I click onto that and then set up a bill paying account by filling in the info for the name of the company I'm paying, along with my account number with that company and the pay bill address for that company. After that I was able to pay the first bill by filling out the amount I wanted to pay them and then hit the Pay bill button.
After the first time I paid a bill, the next month on some of my bill paying accounts I was given the choice to make it into a monthly automatic bill payment.
You could probably go to your bank with your Verizon bill and have them help set it up for you if you can't figure it out. You'll need your Verizon bill and the password for your online bank account.
Even though I have all of my bills automatically paid now, I still request that they send out a paper bill, which they normally send out a couple weeks before the automatic payment, that way if I see something I want to dispute, I can do that before they are paid.
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