I have done online banking and BillPay for about 11 years now. Have not written a hard check in that many years as well.

It's great as I check my "statement" daily, sometimes more than twice/day on line. However, I do keep paper trails, download comma-delimited spreadsheets from our bank. And yes, I still get hard copy statements, keep my receipts etc.

As long as you watch every move, online banking and BillPay are wonderful!