By 2009, Online Bill Paying Will Exceed 90%, Says Research And Markets

Forecasting online bill viewing and payment, Research and Markets predicts the portion of online banking households viewing and paying bills online will exceed 90% by 2009. Banks must understand how to ensure commensurate conversion of their own account holders, but

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Forecasting online bill viewing and payment, Research and Markets predicts the portion of online banking households viewing and paying bills online will exceed 90% by 2009.

Banks must understand how to ensure commensurate conversion of their own account holders, but billers, however, must adjust their bill payment strategy in the face of decreasing direct volume, according to the report.

The report aims to address the primary drivers of growth in online bill viewing and payment (VAP) and how billers can best leverage the shift toward payment via banks and other consolidators.

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