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Recurring Payments

Published by: Jupiter Research Corporation

Published: May. 8, 2007 - 4 Pages


Table of Contents


Key Question - How do consumers commonly pay recurring bills, such as mortgage, cable TV, and utility bills?
Key Question - To pay recurring bills, which types of consumers are migrating to online recurring payment options, like direct bank account transfers and credit and debit card recurring payments?
Key Question - How should banking institutions position their recurring-payment options to maximize consumers' demand and use?


Abstract

The consumer payments industry is investing in one-time and automatic online payment capabilities for recurring bills (e.g., mortgage, utility, or cable TV), including those made via bank account transfers and credit and debit card payments.


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