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12 Ways Americans Changed How They Pay in 2020
Monday, December 21, 2020 Steve Mountz to Bill PayACI experts recently shared their predictions and industry expectations for billing and payments in 2021 and beyond. As we close out 2020, let us look back at just how much billing and payments have changed this year:
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Age Matters: Generational Preferences in Bill Payments
Tuesday, August 11, 2020 Steve Mountz to Bill PayDigitalization has taken the mainstage in the payments industry due to changing consumer preferences and now, in the midst of the COVID-19 pandemic, necessity. According to the 2020 ACI Speedpay Pulse report, one in four consumers has increased their usage of the biller’s website to pay bills, while one in five has decreased the number of payments they send by mail or make in person at a physical location. In addition, more consumers prefer digital statements (48.2%) to paper statements (25%), while around a quarter prefer to receive both digital and paper (26.8%).
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Going Digital at the Deadline: America’s Electronic Tax Revolution
Tuesday, July 14, 2020 Steve Mountz to Bill PayThe Beatles once famously sang, "I'm the taxman, and you’re working for no one but me.” Though the sentiment may be true, governments looking to drive more on-time collections must also accommodate shifting citizen tax and bill payment preferences.