The Full Form of EBPP is Electronic Bill Payment & Presentment.
An Electronic Bill Presentment and Payment System offers businesses the ability for customers to obtain applicable bills/invoices and make payment via ACH and/or credit card. Electronic Bill presentment and Payment (EBPP) enables bills to be created, delivered, and paid via the Internet on computers and mobile devices. EBPP has applications for multiple industries, from utilities, insurance companies to any business looking to streamline operations and offer self service customer payment options.
Depending on the businesses electronic invoice presentment and payment solution needs, bills or invoices may be delivered to the customer by email with a link to make payment to that bill or in more sophisticated solutions the customer can create an account where their invoices can be viewed, paid and an audit trail created.
EBPP
means
Electronic Bill Payment & Presentment
Leave a Reply
You must be logged in to post a comment.