Quick Direct Payment Statistics
- Direct Payment goes by many names, including automatic bill payment, automatic debit, electronic bill payment or direct debit. However you see it named, the process is always the same.
- Fifty-four percent of all U.S. households use Direct Payment for at least one recurring payment (according to NACHA)
- 84% of consumers who use Direct Payment say they are very satisfied with it.
- For non-profits that rely on donations, fulfillment rates for pledges paid by Direct Payment average 98%- as much as 50% higher than with mail-based monthly donor programs.
- Problems with Direct Payment are rare. If a problem ever does occur, it is easy to resolve.
Source:electronicpayments.org
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