Bill Payments news and trends

New Study Shows Big Gap Between Open Banking Interest and Use
Payments Innovation // March 19, 2024

Open banking payments appeal to consumers. Nearly half of respondents in PYMNTS Intelligence’s latest study are highly willing to use them for at least one type of expense, including monthly bills, groceries or subscriptions. These payments offer a secure and convenient way to pay merchants...

A Third of Consumers Cite Security for Avoiding Mobile Bill Payments
Mobile Wallets // January 04, 2024

Mobile wallets have gained significant popularity in recent years, providing consumers with a convenient and fast way to make purchases without the need for cash or physical cards. The recent rise of this payment method has driven consumer acceptance of contactless payments. Around 60% of...

1 in 5 Consumers Pay Auto Loans With Mobile Wallets
Mobile Wallets // January 04, 2024

Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive personal information. According to a recent survey conducted by PYMNTS and ACI Worldwide, mobile wallets are now the preferred method...

2023 in Review: Digital Wallets Emerge as Alternative Payment Method
Mobile Wallets // December 28, 2023

In 2023, digital wallets such as Apple Pay and Google Pay gained popularity among consumers. Mobile wallets have moved from sending money to friends and family to paying bills. Digital wallet adoption seems to be more advanced in Europe, but it is also taking off...

Interviews & Exclusives
New Study Shows Big Gap Between Open Banking Interest and Use

March 19, 2024
Open banking payments appeal to consumers. Nearly half of respondents in PYMNTS Intelligence’s latest study are highly willing to use them for at least one type of expense, including monthly bills, groceries or subscriptions. These payments offer a secure and convenient way to pay merchants and service providers directly from their bank accounts. Younger consumers […]

1 in 5 Consumers Pay Auto Loans With Mobile Wallets

January 04, 2024
Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive personal information. According to a...

2023 in Review: Digital Wallets Emerge as Alternative Payment Method

December 28, 2023
In 2023, digital wallets such as Apple Pay and Google Pay gained popularity among consumers. Mobile wallets have moved from sending money to friends and family to paying bills. Digital...

Forty Percent of Millennials Use Mobile Wallets to Pay Bills the Day They’re Due

November 15, 2023
The popularity of digital bill payments is increasing as more and more consumers seek convenience and efficiency in managing their finances. In “Digital Bill Payments: Mobile Wallets Gain Popularity, but...

Quick Reads
ACI Worldwide Appoints Former CoreLogic CIO Abe Kuruvilla as CTO

October 30, 2023
ACI Worldwide has appointed Abe Kuruvilla, formerly chief information officer at CoreLogic, as its new chief technology officer (CTO). Kuruvilla’s role will involve leading ACI’s innovation agenda and optimizing the development and delivery of its software solutions to banks, merchants and billers worldwide, the provider of real-time payments solutions said in a Monday (Oct. 30) press release. This appointment […]

EarnUp Launches Financial Wellness Automation Platform for Credit Unions

October 23, 2023
EarnUp has launched a platform designed exclusively for credit unions that aims to drive member engagement by providing  solutions that automate savings, enhance loan eligibility and improve overall financial health....

Paymentus and MRI Software Partner on Payment Options for Renters

October 23, 2023
Electronic billing platform provider Paymentus and real estate software solutions supplier MRI Software partnered to meet the growing demand for digital payment options. The collaboration aims to streamline rental property...

MoneyGram Teams With CellPay to Expand Bill Payment Offering

December 27, 2022
MoneyGram has partnered with CellPay to expand its payment option to over 30,000 billers. “This strategic partnership further accelerates both companies’ growth in a highly competitive bill payment arena,” the...