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From... Customers like paying bills electronically
March 1, 1999 by Kathleen Ohlson (IDG) -- More customers want to pay their bills electronically, according to a study released yesterday by Netroscope Inc., an Internet market research and consulting firm.
According to the study, 96% of the 400 households surveyed are aware of electronic bill presentment and payment, but only 18% are currently paying some of their bills electronically, Netroscope said. Some 27% of the total expect to pay their bills electronically in the next 12 months, while 34% don't plan to pay that way in the foreseeable future, the Santa Clara, Calif.-based firm said. Customers see these benefits of electronic bill payment: convenience, ease of access, billing information management and retrieval. It also leads to a reduction in delinquency rates, according to the study, called "Electronic Bill Payment and Presentment (EBPP): Real Opportunities and Threats."
RELATED STORIES: Indiana bank banks on the Web RELATED IDG.net STORIES: Banks turn to IT to reclaim most profitable customers RELATED SITES: Netroscope
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