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Clicks, Taps, and Texts: Decoding Consumer Preferences in Digital Banking and Bill Payments

Download the 2024 report

Enhancing Digital Banking & Collections with Consumer Insights

In February 2024, Lexop surveyed 1,400 U.S. adults to uncover the latest digital banking and bill payment trends. The insights are detailed in our report, 'Clicks, Taps, and Texts: Decoding Consumer Preferences in Digital Banking and Bill Payments.' By downloading it, you'll uncover strategies to enhance your customer engagement and discover new ways to improve the digital banking experience. Get your copy today to start making informed decisions that can transform your services.

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Why "Clicks, Taps, and Texts" Is a Must-Read:

  • Consumer Insights: Get a comprehensive look at evolving bill payment habits, communication preferences, and digital service expectations.
  • Strategic Blueprint: Discover actionable strategies for digital engagement, making every touchpoint a meaningful experience.
  • Innovative Solutions: Exceed customer expectations with seamless processes, personalized communication, and advanced self-service options.

Enhancing Digital Banking & Collections with Consumer Insights

While consumers are experiencing financial challenges, there's also the issue of shortened attention spans which creates a more competitive environment for providers to get their bills paid first.

In late February 2024, Lexop surveyed 1,400 U.S. adults. With the insights gathered from the survey, we created the report "Clicks, Taps, and Texts: Decoding Consumer Preferences in Digital Banking and Bill Payments" to help financial institutions better understand consumer bill payment behavior and preferences. 

This report will better equip you to review how you are engaging with your current customers and explore new opportunities to provide a better banking experience.

Why "Clicks, Taps, and Texts" Is a Must-Read:

  • Consumer Insights: Get a comprehensive look at evolving bill payment habits, communication preferences, and digital service expectations.
  • Strategic Blueprint: Discover actionable strategies for digital engagement, making every touchpoint a meaningful experience.
  • Innovative Solutions: Exceed customer expectations with seamless processes, personalized communication, and advanced self-service options.
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KEY INSIGHTS

Dive into our comprehensive report to uncover what today’s consumers truly seek from their digital banking experience. From seamless interactions to personalized communication and self-service tools, learn how you can adapt and innovate to meet the evolving preferences of your customers.

73% say text message bill reminders are effective
60% are late on at least one bill
57% would consider switching to a financial institution offering better digital services
67% want an easy and user-friendly online banking experience
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