E-Billing
Electronic Bill Presentment and Payment (EBPP) represents one of the fastest growing Internet applications because it streamlines the billing and payment process for billing corporations, financial institutions and their customers.

What EBPP Is
The Internet presents billing companies and their customers new methods to deliver and access billing information.  This section provides an introduction to Electronic Bill Presentment and Payment (EBPP): what it is, how it benefits billing companies and their customers: and provides a brief snapshot of the overall marketplace.

Electronic Bill Presentment and Payment
Definition:
The electronic presentation of statements, bills, invoices and related information sent by a company to its customers, and corresponding payment for goods or services.

Sample Online Bill:


Biller Benefits of EBPP

Benefits for your Company:
Electronic Bill Presentment and Payment (EBPP) redefines bill delivery for all participants.  New standards and rules are being built to facilitate this new, emerging technology. With EBPP, your company has the potential to:

  • Reduce billing and payments processing expense
  • Improve customer service
  • Leverage the delivery power of the Internet
  • Provide a unique opportunity to touch your customers in a new medium
  • Create one-to-one marketing opportunities
  • Integrate with existing automated billing and payment functions, such as cash management and accounts receivable