Alert
Close

Top the Treasure Hunt leaderboard by 5 p.m. Friday to win a $100 gift card! Learn more

Highlights

Open

Contests and
Sweeps

Safe Driving in 2014 Sweepstakes

Learn how AARP Driver Safety can help you stay safe—and enter for a chance to win $1,000. See official rules. 

Driver Safety

Piggy bank on the road - AARP Driver Safety

Take the new AARP Smart Driver Course!

AARP Books

Visit the Money Section

Enjoy titles on retirement, Social Security, and becoming debt-free.

webinars

Learn From the Experts

Sign up now for an upcoming Money webinar or find materials from a past session. 

Jobs You Might Like

most popular
articles

Viewed

Consumer Payment Study

This and Related Reports

To what extent do age 25+ individuals with bill-paying responsibility for their households use newer electronic payment methods, such as automatic bill payment and online transactions, as well as more traditional payment methods, such as cash, checks and credit cards? This national survey addresses that question and explores the degree to which use of these newer technologies varies by age.

A majority of the surveyed bill-payers have used some of the newer offline electronic payment methods, such as automatic bill payment deducted directly from their checking account and check cards. However, only a minority have used online payment methods, such as online banking and online bill payment at the Web sites of companies that bill them.

The findings also reveal some clear differences by age.

  • Automatic bill payment is as common among respondents ages 50+ as it is among younger respondents, with approximately half of respondents in each of the three age groups examined (25-49, 50-64, and 65+) reporting that they use automatic bill payment at least once each month.
  • Monthly use of online payment methods is less common among age 65+ individuals than among those in the 50-64 and 25-49 age groups.

 

Internet privacy and security concerns are the most frequently cited explanations for not making use of online payment technology.

This national telephone survey of 1,500 age 25+ individuals who have primary or shared responsibility for paying the bills for their households was conducted for AARP by Woelfel Research from April 10th to May 17th, 2006. Further information about this survey may be obtained by contacting S. Kathi Brown of AARP Knowledge Management/Strategic Issues Research at 202-434-6296 or Sharon Hermanson of the AARP Public Policy Institute at 202-434-3909. (31 pages)

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

The Cheap Life

Jeff Yeager Cheap Life Ultimate Cheapskate AARP YouTube web series save money

Catch the latest episode of The Cheap Life starring Jeff Yeager, AARP's Ultimate Cheapskate. Watch

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

AARP Credit card from Chase

Members can get cash back rewards on purchases with the AARP® Credit Card from Chase.

AARP Financial Services

Info on saving for education from AARP® College Savings Solutions from TIAA-CREF.

Member Benefits

Join or renew today! AARP members receive exclusive member benefits & affect social change.