Online Bank Transfers

1 in 3 Consumers Would Use Online Bank Transfers for Rewards
1 in 3 Consumers Would Use Online Bank Transfers for Rewards
November 10, 2023  |  Loyalty & Rewards

Online bank transfers, also known as pay-by-bank transfers, can be used to pay recurring bills and are the third most frequently used for this purpose...

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Millennials Will Use Their Bank Accounts to Pay Merchants If It Comes With Rewards
Millennials Will Use Their Bank Accounts to Pay Merchants If It Comes With Rewards
May 22, 2023  |  Payments Innovation

Consistency and ease of use have made online bank transfers popular for paying recurring bills. However, one-quarter of consumers who tried online bank transfers, also...

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75% of Consumers Who Use Online Bank Transfers Worry About Fraud
75% of Consumers Who Use Online Bank Transfers Worry About Fraud
April 13, 2023  |  Payment Methods

As online bank transfers grow in popularity, consumer understanding of the service has a growth curve of its own, and security is among the key...

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Consumers Who Try Online Bank Transfers for Recurring Bill Pay Like It
Consumers Who Try Online Bank Transfers for Recurring Bill Pay Like It
April 06, 2023  |  Payment Methods

After credit and debit, what is the most popular method for paying bills? If you guessed pay by bank transfers, you’d be correct. According to...

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Bank Transfers Look to Make the Leap From Bill Pay to Retail
Bank Transfers Look to Make the Leap From Bill Pay to Retail
November 04, 2022  |  Payments Innovation

The path to broad retail acceptance of online bank transfers may depend on consumers’ willingness to experiment with new payment methods, and PYMNTS’ data suggests...

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