[…] The popularity of digital bill payments is increasing as more and more consumers seek convenience and efficiency in managing their finances. New research reveals that in March 2023, 60% of consumers reported using mobile wallets to pay their bills, a 22% increase from the previous year. This trend was particularly prominent among high-income consumers, with usage increasing from 55% to 68% during the same period. Millennials were found to be the demographic most responsible for pushing mobile wallet bill payment into the mainstream, with nearly 80% of this cohort having used mobile wallets for bill payments in the 12 months prior to the study. Likewise, both millennials and bridge millennials were found to have the highest rates of both frequent and occasional use of mobile wallet bill payments among all demographic segments, at 40% and 79%, respectively. [PYMNTS] …