Banks that show how bill pay can save time and reduce fraud can dramatically increase bill pay penetration from the 20% to 30% range where.
bill pay has plateaued, and users are predicted to increase bill-pay process, laying the groundwork for the digital to increase penetration and adoption.
increase the penetration of the bill pay service over the past three years. Twenty- two percent of the community bank and credit union respondents indicated they.
What is your bill pay penetration? 12 to 18% of total membership, and about 30 to 40% of checking accounts. • P2P didn't take off as much as we thought it.
Banks that work to deepen billpay penetration – and that take a proactive, holistic approach to online banking in general – will be best.