Electronic Bill Presentment and Payment (EBPP) - Global Strategic Business Report

The global market for Electronic Bill Presentment and Payment (EBPP) was sized at 29.4 Billion Bills in 2024 and is projected to reach 42.1 Billion Bills by 2030, growing at a CAGR of 6.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Electronic Bill Presentment and Payment (EBPP) Market - Key Trends & Drivers Summarized

Electronic Bill Presentment and Payment (EBPP) systems have revolutionized the way consumers and businesses handle billing and payments. EBPP systems enable organizations to send bills and invoices electronically and allow recipients to view, manage, and pay their bills online. This digital approach offers several advantages over traditional paper-based billing, including reduced processing time, lower costs, and enhanced customer convenience. EBPP systems are widely used by utilities, telecommunications companies, financial institutions, and other service providers to streamline their billing processes and improve cash flow management. The adoption of EBPP has been accelerated by the increasing use of internet banking and mobile payment platforms.

The market for EBPP is growing rapidly as businesses seek to enhance operational efficiency and customer satisfaction. The integration of EBPP systems with other financial technologies, such as mobile banking apps and digital wallets, has made bill payments more accessible and convenient for consumers. Advanced features such as automated reminders, recurring payments, and real-time payment tracking are enhancing the functionality and appeal of EBPP solutions. Additionally, the shift towards a cashless economy and the increasing consumer preference for digital transactions are driving the adoption of EBPP systems. Regulatory frameworks that promote electronic payments and digital financial services are also supporting market growth.

The growth in the Electronic Bill Presentment and Payment (EBPP) market is driven by several factors. Firstly, the increasing penetration of internet banking and mobile payment solutions is making electronic bill payments more accessible to consumers. Secondly, the cost savings and operational efficiencies gained by businesses through the adoption of EBPP systems are encouraging their widespread implementation. Thirdly, the enhanced security features and convenience of digital payment options are attracting more users to EBPP platforms. Lastly, regulatory support for digital financial transactions and the global trend towards a cashless economy are further propelling the market. These factors collectively contribute to the robust expansion of the EBPP market.

Scope of the Study

The report analyzes the Electronic Bill Presentment and Payment (EBPP) market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments:

Product Type (Electronic Bill Payment, Electronic Bill Presentment, Electronic Bill Posting); End-Use (BFSI, IT & Telecom, Retail, Manufacturing, Healthcare, Media & Entertainment, Other End-Uses).

Geographic Regions/Countries:

World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Electronic Bill Payment segment, which is expected to reach 24.8 Billion Bills by 2030 with a CAGR of a 6.9%. The Electronic Bill Presentment segment is also set to grow at 5.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, sized at 7.2 Billion Bills in 2024, and China, forecasted to grow at an impressive 7.8% CAGR to reach 6.7 Billion Bills by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as AT&T, Inc., ACI Worldwide, Inc., API Outsourcing, Inc., Bottomline Technologies, Inc., Aliaswire, Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Electronic Bill Presentment and Payment (EBPP) Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electronic Bill Presentment and Payment (EBPP) Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Electronic Bill Presentment and Payment (EBPP) Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Some of the 119 major companies featured in this Electronic Bill Presentment and Payment (EBPP) market report include:

• AT&T, Inc.
• ACI Worldwide, Inc.
• API Outsourcing, Inc.
• Bottomline Technologies, Inc.
• Aliaswire, Inc.
• Alipay
• AvidXchange, Inc.
• Conduent Business Services LLC
• Alacriti
• Calvi Business Software BV
• Corcentric
• Bill.com
• Agile Payments
• Brite:Bill
• Cadence Bancorp LLC