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Topics:
Commercial Banking
Tags:
American City Business Journals Inc.,
Bill Payment
Source:
American City Business Journals

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Overview: From the executive summary: ‘After being billed as the next big thing in banking for a decade, electronic bill payment really is starting to grow in popularity. The number of customers using Internet bill payment is on track and likely to double in future. The dramatic change is twofold: Customers have started asking to pay their bills online while many banks have stopped charging for the service. And, there are even more subtle reasons for the increase, including the creation of standards and electronic transmission rules, as well as better acceptance by the companies collecting payments.’ The paper examines this issue in detail.

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Format: HTML | Date: Jun 2003 | Pages: 3

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