Electronic bill presentment and payment, Other Subject

Electronic Bill Presentment and Payment

Electronic bill presentment and payment (EBPP) is a practically latest technique that allows consumers to view and pay bills electronically. There are a considerable number of bills that Consumers pay on a standard basis, which contain: water, oil, power bills, internet, phone service, car payments mortgages etc. EBPP systems send bills from service providers to individual consumers by means of the internet. The systems furthermore allow payments to be finished by consumers, known that the amount that appears on the e-bill is accurate. Banks in Canada have been present these online payment services for a moment now, and are increasing in popularity. Additional service providers for instance Rogers Communications and Aliant understand major credit cards within the bill payment sections of their websites. This service is in addition to the unusual EBPP method of a direct extraction from a bank account via a bank such as Scotiabank.

The major dissimilarity between EBPP systems and the conventional method of bill payment is that of skill. Rather than in receipt of a bill via the mail, writing out and sending a check, consumers collect their bills in an email, or are provoked to visit a website to vision and pay their bills.

Posted Date: 10/12/2012 9:20:18 AM | Location : United States







Related Discussions:- Electronic bill presentment and payment, Assignment Help, Ask Question on Electronic bill presentment and payment, Get Answer, Expert's Help, Electronic bill presentment and payment Discussions

Write discussion on Electronic bill presentment and payment
Your posts are moderated
Related Questions

Question 1: List the major areas of risk and uncertainty facing a general insurer. Question 2: a) Explain the difference between co-insurance and reinsurance b) Ai

Question 1: The process of alienation is broken down into four conceptually discrete but related spheres. Discuss Marx's concept of alienation. Give examples from the lab

Three broad models of EBPP have emerged. These are 1.   Consolidation, wherever many bills for any one receiver are made accessible at one Web site, most usually the recipient'

Why do you think there have been so many accounting scandals in recent years?

Question 1 What are the common traditional channels of communication? Describe the problems that can arise in such forms of communication Question 2 Explain the Unilinear Mod

TYPE S OF E-COMMERCE The main diverse types of e-commerce are- business- to-consumer (B2C); business-to-business (B2B); consumer-to-consumer (C2C); business-to-

what is the regime for post op vital signs

Question: (a) List ten steps in an accident investigation. (b) A factory operator having several years experience was running down the stairs at the end of his shift and he

when does the earth rotates though 360 degrees of longitude