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When Consumers Prefer to
Activate E-bills
                                                 Why Receiving E-Bills Decreases
                                                 Likelihood of Switching Banks
                                                                                             The Many Benefits of E-billing
45% When I set up a new online account                                                             Why Consumers                           Given the Choice Half Prefer
       with a biller
                                                                                                   Activated E-bill Services               to Receive All Bills Online
43% When I start paying online
                                                                                                   69% Convenience viewingstep
                                                                                                       clicking to pay in one
                                                                                                                              and
                                                                                                                                             32%                        45%
                                                                                                                                             Bank Site
28% When I’m offered an incentive or                                                                                                                                    Paper Bill

                                                                 73%          71%                          I get an email reminder each
    sweepstakes to go paperless
                                                                                                   31%     time I have a new bill due
25% When I set up a recurring payment
                                                                                                   27% To help make my finances              21%
                                                                                                       more organized                        Biller Site
                                                          I am satisfied   I value the
Over 1/3 of Online Consumers                           with and used to    convenience
Who Receive E-bills at Biller Sites                          the service   of the service
Have Gone Completely Paperless                                                               37% say e-billing improves the relationship with biller
                                 21%                                                         28% say e-billing makes them less likely to leave biller
                                                 Number of Households Who Received
                                 Receive all
                                 those bills     E-Bills Through Online Banking
                                 as paper        (in millions)                                        E-bills Help           Importance of Environment
                                 bills as well
                                                                                   13.0               Manage                 in Decision to View/Pay Bills Electronically
                                                                           11.6                       Finances


                                                                                                       34
                                                                                                                             Indifferent                            Important
                                                                   7.8                                     out of                                          30%
                             36%                        6.2 6.6
                                                                                                                                            27%
 43%                         No paper bills
                                                 5.3
                                                                                                                  say
                                                                                                                                                            28%
                             through the mail
Some as paper                (completely                                                              receiving e-bills                     11%
bills as well, but           paperless)                                                               through online                  Not                          Very
not all of them                                                                                       banking helps                 Important                    Important
                                                   2006 2007 2008 2009     2010       2011            them manage
Source: Billing Household Survey, Fiserv 2012                                                         their finances

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Infographic: The Benefits of E-Billing

  • 1. When Consumers Prefer to Activate E-bills Why Receiving E-Bills Decreases Likelihood of Switching Banks The Many Benefits of E-billing 45% When I set up a new online account Why Consumers Given the Choice Half Prefer with a biller Activated E-bill Services to Receive All Bills Online 43% When I start paying online 69% Convenience viewingstep clicking to pay in one and 32% 45% Bank Site 28% When I’m offered an incentive or Paper Bill 73% 71% I get an email reminder each sweepstakes to go paperless 31% time I have a new bill due 25% When I set up a recurring payment 27% To help make my finances 21% more organized Biller Site I am satisfied I value the Over 1/3 of Online Consumers with and used to convenience Who Receive E-bills at Biller Sites the service of the service Have Gone Completely Paperless 37% say e-billing improves the relationship with biller 21% 28% say e-billing makes them less likely to leave biller Number of Households Who Received Receive all those bills E-Bills Through Online Banking as paper (in millions) E-bills Help Importance of Environment bills as well 13.0 Manage in Decision to View/Pay Bills Electronically 11.6 Finances 34 Indifferent Important 7.8 out of 30% 36% 6.2 6.6 27% 43% No paper bills 5.3 say 28% through the mail Some as paper (completely receiving e-bills 11% bills as well, but paperless) through online Not Very not all of them banking helps Important Important 2006 2007 2008 2009 2010 2011 them manage Source: Billing Household Survey, Fiserv 2012 their finances