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Electronic billing presentment payment

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Electronic Billing Presentment & Payment (EBPP) 3/5/2023 1 Make it Easy for Your Customers to Pay You Electronic bill presentment and payment (EBPP) enables customers to view their bills and make payments electronically. 3/5/2023 2 Why EBPP??? • Manual payment processing is costly and time consuming • Traditional payment methods are quickly becoming outdated • Consumer demand for electronic payment options is on the rise • Consumers are increasingly paying their bills via mobile and other channels 3/5/2023 3 Electronic Billing Presentment & Payment • Electronic Billing Presentment and Payment [EBPP] Systems are systems that enable the online delivery and payment of monthly bills. • EBPP services allow consumers to view bills electronically and pay them through electronic funds transfers from bank or credit card accounts. • More companies are choosing to issue statements and bills electronically, rather than mailing out paper versions. • One major reason for the surge in EBPP usage is that companies are starting to realize that they can save through online billing. (Savings in postage and processing). • Also payments can be received more quickly, thereby improving cash flow. • Customers are also becoming more receptive to online bill payment, particularly via mobile device. 3/5/2023 4 Electronic Billing Presentment & Payment •An electronic payment solution will help you deliver a consistent payment experience to your customers across vario ...
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