November 21st, 2005
47 mln of US households will pay bills online by 2010
20 mln more Americans will pay their bills online over the next 5 years, according to Forrester Research. By 2010, approximately 47 mln US households will pay bills online, a 75% increase from the end of 2004. By the end of the decade, 52% of online households will pay bills online. Annual EBPP growth rates are slowing dramatically and will continue to do so over the next 5 years. The 26% YTY growth rate in 2004 will decline to just 7% in 2010.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
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