Online Users Skip Bank Web Sites to Pay Bills: Survey

Article Tools


Most Popular Articles

A full 45% of adults with access to the Internet have bypassed their banks’ online bill payment service and go directly to the biller’s Web site, according to market researcher Mintel Comperemedia.

Twenty-two percent of online banking customers have never paid a bill online at all, the poll noted.

In addition, survey found that 70% of adults who use the Internet use online banking while another 7% have signed up for the service, but have never used it.

Consumers aged 25-44 are slightly more likely than their older counterparts to use online banking, with 79% reporting usage, according to Mintel.

“Despite the high penetration, banks are still eager to increase the usage of online banking,” said Susan Wolfe, Mintel vice president of financial services, in a statement. “It’s no secret that online banking creates deeper relationships between banks and customers, so banks are keen to pull in more users.”


Acceptable Use Policy
blog comments powered by Disqus


COMMUNITY Thoughts and opinions from MultiChannel Merchant editors & columnists.

Blog: A Measured Approach

Back to Top