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Between housing costs, utilities, taxes, insurance, loans, and more, US adults paid an estimated $3.9 trillion in bills last year.
Business Insider IntelligenceThat market is growing slowly, but it’s changing fast — more than ever before, customers are moving away from paying bills via check or cash and toward paying online, either through their banks, the billers themselves, or using a third-party app.
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See Also:
- Visa's latest earnings showed global growth
- Visa is pursuing B2B payments
- The card rewards strategies issuers can use to win top-of-wallet status while maximizing returns
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