MISC, the new strategy group that evolved from the former MINTEL (Aust) Pty Ltd.
Out of total retail goods and services spending in Australia of $422
billion, Australians choose to pay $146 billion (ie. 35%) via regular bills.
Collecting fees on this 1 billion transaction business has attracted both
major Australian Corporates and other third party service providers. See 'Flow
of Bill Payments' table below.
The following tables summarise selected media coverage flowing from MISC/MINTEL
press releases. As reporting of MISC/MINTEL industry research is invariably widespread
(Australian and International), this coverage should be viewed as indicative only.
For further details of research referenced below, please
click here and specify
the research article referenced.
We like to bank online |
"More than 500 million accounts were paid in 2002 via the Internet,
EFTPOS, direct debit or telephone, the MISC pool result shows."