www.wuNetSpendprepaid.com:- The Western Union Company (NYSE:WU), a worldwide leader in payment services, today announced the results of the Western Union® Bill Payments Money Mindset Index, which was conducted in September. Mobile device ownership and use, according to the results of a poll of U.S. consumers, is altering customers’ bill payment patterns, even as individuals continue to utilise multiple payment channels, such as in-person or mail, to fulfil their financial and lifestyle demands.
15 percent of those polled say they intend to pay more bills using a mobile phone or tablet, and 13 percent say they want to pay more bills using a mobile app or text message during the next six months, according to the survey results. A further finding was that 65 percent of those who paid their bills using a mobile device used a smartphone and 25 percent used a tablet to complete the transaction.
However, customers in the United States are not just adopting online and mobile payment alternatives to pay their bills. The results of the poll demonstrate why customer choice and convenience are crucial to addressing their needs:
- Consumers pay their monthly bills using three or more channels, including online, in-person, and others, according to a survey conducted by the National Consumers League.
- When it comes to paying their monthly expenses, 38% use three or more payment methods, including credit card, debit card, automated clearing house, or cash.
Western Union’s senior vice president of payments, David Shapiro, remarked in a statement, “The Western Union Bill Payments Money Mindset Index suggests that more tech-savvy consumers are adding mobile options to their bill payment toolkit.” The necessity of addressing customer desire for convenience, flexibility, and choice, according to the report, is another major takeaway for the business community. Our customised bill payment solutions can assist organisations in satisfying these demands.
An infographic with enhanced survey data is available for download at the following link: http://payments.westernunion.com/mobilemindsetindex.
Additional survey results include the following:
Generation Y is the most prolific user of mobile bill payment services.
According to the survey, nearly one in every three Gen Y respondents (31 percent) between the ages of 18 and 34 has paid their bills using their mobile device, compared to 25 percent of Gen X respondents between the ages 32 and 52, and 11 percent of Baby Boomer respondents between the ages of 48 and 64.
How to Put Money on a Netspend Card
Several methods are available for Netspend consumers to load their cards. The direct deposit of their wages, Social Security payments, tax refunds, unemployment benefits, and other types of government support are examples of what they mean. 5 A Netspend debit card account user may also make a direct deposit into their Netspend debit card account from practically any of his or her own checking or savings accounts.
On the internet, it is simple to do this task, Netspend is added as an external account to which the cardholder may allow funds transfers by the cardholder. In addition, if the debit card has either the Visa or the Mastercard logo, the cardholder may transfer money using the debit card associated with the bank account.
Transfers from close friends and relatives
Customers may now transfer money to other Netspend cards, as well as to ACE Elite, Control, and Purpose cards, using Netspend. It is possible to transfer money to and from prepaid accounts using the FlashPay service, which is only available via these particular brands. Users of FlashPay may receive money—or give it—with only a few clicks of their mouse.
Making a Transfer of Funds from Your Netspend Balance
PayPal accounts may also be used by Netspend cardholders to transfer payments. This is done in the same way that a bank account is linked to a PayPal account. Funds may be moved from PayPal to Netspend with relative ease once the two accounts are connected together.. The same method is used by Netspend customers for transferring money back to their PayPal accounts, thus it is a two-way street.
Limitations as well as availability Of www.wuNetSpendprepaid.com
Bank and PayPal transfers are subject to daily maximum limitations that are subject to change. Fees may be charged by Netspend, the customer’s bank, or PayPal in the case of bank transfers. Transferred monies are normally accessible within one to three days after being transferred. For bank transfers, the client may choose to make the money accessible immediately for an extra cost if they want the cash immediately accessible. Payments made via PayPal are not eligible for this option. Fees vary by bank institution and transfer method.
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Western union – what is it?
The biggest money transfer firm in the world is Western Union. Western Union also offers individuals and companies with quick, dependable, and easy options to transfer and receive money, as well as make payments, using Vigo, Orlandi Valuta, Pago Facil, and Western Union Business Solutions. Western Union, Vigo and Orlandi Valuta have supplied branded services via a network of about 520,000 officers and over 115,000 ATMs as of 30 June 2013. In 2012, Western Union performed 231 million consumer-to-consumer transactions, transferring $79 billion in principle. Visit www.wuNetSpendprepaid.com for additional details.
This Western Union® Bill Payments Money Mindset Index is based on a survey conducted in March 2013 and had 3,087 respondents, with a margin of error of 1.76 percentage points. The online poll sampled randomly to provide demographics and geographic representation comparable to the U.S. population as a whole.