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Electronic Bill Presentment and Payment (EBPP) is a form of e-commerce that enables customers to view, manage, and pay their bills online. It is a secure, convenient, and cost-effective way for businesses to present and collect payments from their customers. EBPP systems allow customers to view their bills online, receive notifications when bills are due, and make payments electronically. Businesses benefit from EBPP by reducing costs associated with paper billing and collection, increasing customer satisfaction, and improving cash flow.
EBPP systems are typically integrated with existing accounting and customer relationship management (CRM) systems, allowing businesses to streamline their billing and payment processes. Additionally, EBPP systems can be used to automate the collection of payments, reducing the need for manual intervention.
Some companies in the EBPP market include Fiserv, Intuit, Bill.com, and Bottomline Technologies. Show Less Read more