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The decisions that consumers make when paying their bills are driven by a variety of factors. For instance, what are their preferences when it comes to payment methods (ACH, debit cards, and credit cards)? Are they more likely to select a specific payment method depending on the industry that’s issuing the bill? What payment channels are they most likely to use? And what time of day is most popular for making electronic bill payments?
Here at Alacriti, we have unique insight into how consumers approach their bill payments. Our electronic bill presentment and payment solution, Orbipay® EBPP, provides a trove of transaction data from which we can gain a better understanding of consumers’ bill payment preferences and
Read full article » https://www.alacriti.com/bill-payments-in-2017-7-insights-about-payment-methods/
About | Alacriti |
Alacriti provides financial services and payment technology solutions to companies in the financial services, healthcare, insurance and utility industries. We offer payment processing solutions and provide software, services and outsourcing of the technology for our clients. Alacriti has a successful track record in delivering several technology solutions for some of the world's largest financial services organizations in the areas of global payments, retail banking, wholesale banking, credit cards, and international remittances.