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United States Bill Pay Market Report 2021: Can Financial Institutions Win Back Payers?


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ResearchAndMarkets.com s offering.
Consumers demands and expectations for bill pay created the shift towards digital interfaces and also an expectation around a choice of payments and greater transparency regarding payment status. Their expectations are often better met through biller solutions, not banking platforms.
With improved technology for financial institutions, there is an opportunity to bring consumer bill payers back and provide enhanced convenience through a single, consolidated tool.
Highlights of the report include:
Review of the payment methods and channels that consumers are using today to pay bills
Estimates and forecast for bill pay activity by paper, card and other electronic methods ....

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