« Online Strategy Matrix for 2000 Organized by Overall Bank Goals | Main | Eleven Quick Hits to Increase Web Traffic This Year »

Making Money the Old-Fashioned Way: Charging Fees

By Jim Bruene on July 1, 2000 9:20 AM | Comments (0)

When we first ran this table in 1997, there was a bit more hope that fees for premium services might take hold online. At that time, there were still banks charging $10/mo or more for a package of generic online services. Even though we’ve seen most fees fall by the wayside (except $3-6/mo for pay-anyone bill pay), we still think there is an opportunity for value-added providers to levy fees for premium services along the lines of American Express and Federal Express. Following is our latest thinking on the potential range of fee-based services that could be offered.








Source: Online Banking Report, 7/00        Note: Range of fees provides are for consumers unless otherwise noted; in general businesses are likely to pay far higher fees because timely information on changes in their financial position can have a significant impact on their bottom line


 

Comments (0)
Categories: Fee Income

Most Recent Posts:

TrackBack

TrackBack URL for this entry:
http://www.netbanker.com/cgi-bin/mt/mt-t.cgi/1225

Leave a comment

Upcoming Events

  • FinovateFall 2012 -- Join us in NYC on September 12th & 13th, 2012 for our 6th annual flagship showcase of the biggest new fintech innovations from the around the globe. Each company gets 7 minutes to demo live. No slides allowed. Come watch the future of fintech debut in the financial capital of the world! Get your ticket today and save big!
  • FinovateAsia 2012 -- On November 6, 2012, Finovate will host its first Asian conference to showcase of the newest fintech innovations from Asia and the world. Each company gets 7 minutes to demo live. No slides allowed. Come watch the future of Asian fintech debut in Singapore! Get your early-bird ticket today!

Recent Research

  • NEW! Delivering that Secure Feeling: Help consumers reduce perceived risks (for a price) - Find out more
  • NEW! Banking in Facebook: It's time to set up shop in the social network - Find out more
  • Online & Mobile Banking Forecast: Current, future and historical usage: 1994 to 2021 - Find out more
  • Selling Insurance Online (Banking Edition): Can insurance help fill the fee-income gap? - Find out more
  • True Virtual Banking Has Arrived: BankSimple, Personal Capital, Betterment and others go branchless, paperless and “bank-less” - Find out more

 

   

RSS Subscribe via RSS
RSS Subscribe to Comments



Email:


@NetBanker Twitter Feed



See all @NetBanker tweets