Paying bills is an inescapable necessity for consumers, with $2.1 trillion in payments annually for just seven common types of bills in 2013, according to Javelin estimates.

The mobile bill-payment industry is in its infancy, accounting for $36 billion for those seven bills. But the first wave of consumers already is typically pulling out a smartphone or tablet to pay, and mobile bill payments are primed for rapid growth. This report, which drills into mobile bill payment to follow up Javelin’s “2013 Online Banking and Bill-Payment Forecast” in September: [Read more…]