ACH Network Volume Increases 13.4% In 2007
14 Billion Dollars In ACH Transactions in 2007
1 In 6 Households Pay Their Bills Online
400% Increase In Bills Paid Online From '01-'05
Universities Save Hundreds Of Thousands

BlueSky is a member of the online payment solution service industry (often called Automated Clearing House or ACH services). This industry continues to grow and expand as today’s marketplace goes increasingly digital.

According to a 2005/2006 American Bankers Association study of consumer payment preferences:

Electronic Payments Are The Future

Online payments are up—from 8% in 2001 to 24% in 2005 and growing.
In 2003, electronic payments actually surpassed checks for total transactions—44.5 billion transactions, versus 36.7 billion for checks.¹

Checks Are Going But Not Gone

Online payment solutions are replacing cash and checks (which used to account for 57% as recently 2001).
Consumers now pay for less than half of their monthly bills with checks.

BlueSky Gives You The Best of Both Worlds

Card-based payments from Visa, Mastercard, Discover, and more.
eChecks

If you’d like to read more about the industry, click below:
The Changing Face of Electronic Bill Pay
2005/2006 Study of Consumer Payment Preferences

¹Geoffrey R. Gerdes, S. Levy, et al., “The Depository Institutions Payments Study,” The Federal Reserve System, 2004, pp 21-25.