Forecast: 14 Percent of Bills Electronic by 2004 American Banker (10/10/00) Vol. 104, No. 40 p.21; Bach, Deborah
According to International Data Corp., the volume of
bills paid electrically will jump from just 1 percent to 14
percent by 2004. By 2004, the company expects 40 percent of
banks in the United States with $3 billion to $9 billion of
assets to offer electronic bill payment and presentment. Among
banks with greater assets, the percentage is expected to rise
even more dramatically.