This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here.
Between housing costs, utilities, taxes, insurance, loans, and more, US adults paid an estimated $3.9 trillion in bills last year.
Business Insider IntelligenceThat market is growing slowly, but it’s changing fast — more than ever before, customers are moving away from paying bills via check or cash and toward paying online, either through their banks, the billers themselves, or using a third-party app.
See the rest of the story at Business Insider
See Also:
- BANKING AND PAYMENTS FOR GEN Z: These digital natives are the next big opportunity — here are the winning strategies
- Venmo's 40 million US users show its dominance in the P2P space
- Open API issuer-processor Marqeta launched a new product and signed up its first European customers
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