Analysis of factors impacting the walk-in bill payment
iPay's innovative products and exceptional customer service make them a great partner for our online bill payment
service," said Drew Kishbaugh, president/CEO of MY CU Services.
Most online bill payments
take a day or two, says Lydia, Sheckels, chief investment officer at the Philadelphia-based Wescott Financial Advisory Group, but the wait can be as long as five days.
Market pressures to recoup investments and show growth eventually will force Internet bill payment
service providers to offer financial incentives to attract a critical mass of consumers," says Avivah Litan, Research Director Payments Systems, at GartnerGroup.
com/research/t3p7lm/thirdparty_walki) has announced the addition of the "Third-Party Walk-In Bill Payments
in the United States" report to their offering.
Cost-Effective Bill Payment
Solutions analyzes bill payment
and presentment data collected earlier this year in an exclusive Chartwell survey of 100 utility companies for this latest industry issue report and is a follow-up to Chartwell's utility industry bill payment
and presentment guide, published in March.
This study explores strategies for maximizing the usage of online bill payment
by assessing current usage, as well as the benefits and barriers to adoption.
Home Account today announced the expansion of its eBanking Solutions bill payment
options with the introduction of On-Us Bill Payment
, a new service specifically designed to give financial institutions greater control over their own transaction processing expenses.
Between 2000 and 2010, the number of households that use online banking increased more than six-fold, and the number that use online bill payment
increased nearly eight-fold.
Electronic bill payment
and banking have come into the news recently as new players enter the category.
The 2008 Consumer Banking and Bill Payment
Survey, the eighth conducted by CheckFree since 2002, highlights Americans' growing use of online banking and bill payment
services to help manage their personal finances.
In an effort to help curb postal costs, the Michigan Automated Clearing House Association (MACHA) is encouraging consumers and business to sign-up for Automatic Bill Payment
-- an inexpensive alternative to mailing recurring monthly payments.