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Gain a new source of fee income while enabling customers to make last-minute payments.
Consumers driving the demand for fee-based payments want same-day or next-day payment options to ensure on-time payment with the ability to pay their bills as close to the due date as possible.
Online bill payment services can generate payment fees as an additional revenue source. Nearly 32 million consumers are active users of online bill payment in the U.S., and the volume of expedited bill payments will reach as high as 400 million transactions by 2013, according to Javelin Strategy & Research.
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