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Research and Markets: Third-Party Walk-In Bill Payments in the United States.

DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/t3p7lm/thirdparty_walki) has announced the addition of the "Third-Party Walk-In Bill Payments in the United States" report to their offering.

Walk-in bill payments provide an option for people who need to make payments but cannot or choose not to do so with an electronic means of payment or a check. Typically, these customers visit a retail location, kiosk, or biller's office to make a payment using cash. While other forms of payments are sometimes accepted, the most common form of payment is cash.

Mercator Advisory Group's new report, Third-Party Walk-In Bill Payments in the United States, focuses on payments made where the payer physically visits an agent location, such as a check casher, customer service desk in a grocery store, or kiosk to make a payment primarily by cash or check. It describes the market opportunity and the business model for walk-in bill payments and provides brief profiles of several major and emerging service providers.

The report covers third-party providers of these services. It does not include walk-in bill payments made directly at a biller's offices, money orders, online bill payments, or automatic bill payments. While this report notes where the major providers have significant overseas presence, it concentrates on the walk-in bill payment market in the United States.

The report discusses these trends and covers possibilities and opportunities for financial institutions and other financial services companies.

Highlights:

- The benefits of walk-in bill payments for billers and some states

- The entities that offer walk-in bill payments

- New delivery channels for third-party walk-in bill payments

- A review of the business model for third-party bill payments

- The regulations third-party processors are subject to, at both the federal and state level

- The types of businesses dominating the market

Companies Mentioned:

- CheckFreePay

- Epayworldwide

- Fidelity Express

- Fuze Network

- Global Express

- MoneyGram

- PayNearMe

- PreCash

- Softgate Systems

- TIO Networks

- Western Union

- ZipZap

For more information visit http://www.researchandmarkets.com/research/t3p7lm/thirdparty_walki
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Publication:Business Wire
Date:Jul 23, 2012
Words:411
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