
Electronic payments now exceed two-thirds of all non-cash payments.
2007 Federal Reserve Payments Study, 12/07
"In 2008, over 13% of consumer bill payments will be made via billers' or their vendors' web sites, agents and IVRs, up from 11% in 2007. Data security and compliance considerations will continue to drive more billers to rely on trusted third-party vendors like ChoicePay to support the increasingly strategic biller direct channel."
Gwenn Bézard
Research Director, Aité Group